Stock Control and Resource Management

Just In Time is a lean production technique, It involves ordering a product right as it is about to run out, but before the business has to stop manufacture, this allows a business to work effectively when creating a product that requires a lot of parts and accessories. Raw Materials Work in Progress Finished Goods Bought from suppliers Supplier may not be able to meet demand Supplier could not raise prices Used in assembly or as ingredients Parts for assembly Not Sellable Costs business money to make into product May be a slow process… Continue reading Stock Control and Resource Management

Advantages and Disadvantages of Capital and Labour Intensive Production

In Business, production generally has two techniques; Labour Intensive Production aims to use a large workforce to complete work by hand, this usually employs a lot of people to create a product. Some products may be seen to have more value if they were manufactured by hand. Capital Intensive Production aims to create a product using as little people as possible, the process could be entirely or partially automated and can sometimes be used to assist individuals in manufacture, such as a custom robotic factory worker that moves parts of a product to assembly, or a robot that screws in… Continue reading Advantages and Disadvantages of Capital and Labour Intensive Production

Kanban Systems in Lean Manufacture

Kanban systems in business allows them to effectively manage their stock internally, essentially for businesses that require large amounts of stock, such as small parts, screws or trolley-based workstations, they will likely use a Kanban system to effectively manage their stock. A typical Kanban asset tag will have the item description, part number and sometimes will include the cost of the unit, should the business want to try to regulate the use of the item. What is the purpose of Kanban? A Kanban system ensures that employees always have access to the tools they need and JIT systems can be… Continue reading Kanban Systems in Lean Manufacture