Question: i need this for now, please help me to answer the questios Objective: This activity has the purpose of helping students to explain the different
i need this for now, please help me to answer the questios
Objective: This activity has the purpose of helping students to explain the different purposes for keeping inventory, describe how inventory can be a source of conflict between different departments in a business, describe how Justin Time (JIT) inventory management system works and identify how JIT opples to certain situations (Objectives 12,486) Student Instructions: Post your comment on the Discussion Forum Read your classmates comments and write comments for at least two of your classmates writings The value of the Case Study is 20 points. The deadline for the questions can be found in "Tools" located in "Calendar" in the Blackboard platform Read the case study and answer the following questions Describe and explain briefly the operating environment of a giant automotive company and the purposes of inventory within this environment 2. Describe the JIT and just in case concepts of manufacturing inventory management What problems are associated with the application of the di concept al General Motors? is JIT a practical approach tor General Motors? Case Study: Missing Link Excess capacity, foreign competition, and national recession have forced automotive giant General Motors (GM) to tighten its bolt and to engage in broad restructuring with no end insight As a consequence, thousands of General Motors employees and thousands more of its suppliers employees have lost their jobs. To make matters worse for autoworkers, GM has recently announced a radical step regarding parts acquisition all GM purchase contracts for components are open for negotiation What makes this even scarlet for auto workers is that notification of this shit in policy went to GM's own parts operations. This means that all suppliers, including GMs captive units, must clearly compete on the same terms. Thus, GM workers for the loss of many more jobs to outside (especially foreign) sources Already facing GMs plan to close its tool and die shop and lay off 250 employees, disgruntled workers at the Godstown stamping planteacted to the news about parts contracts with a strike Feeling their efforts to help cut costs and improve efficiency had brought them not direct benefits, all 2500 union members at the Godstown plant walked The workers were prepared to concede earlier job losses, but their persistent anger against outside sources has made the most recent plans intolerable. Expecting that matters will only worsen if they continue to concedo, the workers are prepared to show they still have clout Within the current scope of GM's operations, the Godstown workers are apparently night. Twentyfive hundred Godstown workers may have walked, but almost 43.000 workers are oft ide Due to shortages of key parts manufactured Godstown, the impact of the strike has already spread to nine of the twelve GM plants that Godstown serves. The Jupiter plant manufacturer of GM's bets-seling new model shut down only one day after the Godstown strike started. Eight other GM plants (which build ans, compacts, and cury cars) did not last a week The impact has been so quick due to GM JIT inventory management in which plants koop only enough parts on hand to meet immediate production noods General Motors looks vulnerable to the effects of the strike. The company refuses to back away from its restructuring plans, but realizes at some point it must restart operations. Its Jupiter plant has a heavy backlog of orders, and company wide after tax losses from the strike are estimated at $50 milion a week. The crippling effects of the strike are reopening many issues which is broad cost cutting program. The Godstown strike is forcing GM to reexamine all the links in its chain Objective: This activity has the purpose of helping students to explain the different purposes for keeping inventory, describe how inventory can be a source of conflict between different departments in a business, describe how Justin Time (JIT) inventory management system works and identify how JIT opples to certain situations (Objectives 12,486) Student Instructions: Post your comment on the Discussion Forum Read your classmates comments and write comments for at least two of your classmates writings The value of the Case Study is 20 points. The deadline for the questions can be found in "Tools" located in "Calendar" in the Blackboard platform Read the case study and answer the following questions Describe and explain briefly the operating environment of a giant automotive company and the purposes of inventory within this environment 2. Describe the JIT and just in case concepts of manufacturing inventory management What problems are associated with the application of the di concept al General Motors? is JIT a practical approach tor General Motors? Case Study: Missing Link Excess capacity, foreign competition, and national recession have forced automotive giant General Motors (GM) to tighten its bolt and to engage in broad restructuring with no end insight As a consequence, thousands of General Motors employees and thousands more of its suppliers employees have lost their jobs. To make matters worse for autoworkers, GM has recently announced a radical step regarding parts acquisition all GM purchase contracts for components are open for negotiation What makes this even scarlet for auto workers is that notification of this shit in policy went to GM's own parts operations. This means that all suppliers, including GMs captive units, must clearly compete on the same terms. Thus, GM workers for the loss of many more jobs to outside (especially foreign) sources Already facing GMs plan to close its tool and die shop and lay off 250 employees, disgruntled workers at the Godstown stamping planteacted to the news about parts contracts with a strike Feeling their efforts to help cut costs and improve efficiency had brought them not direct benefits, all 2500 union members at the Godstown plant walked The workers were prepared to concede earlier job losses, but their persistent anger against outside sources has made the most recent plans intolerable. Expecting that matters will only worsen if they continue to concedo, the workers are prepared to show they still have clout Within the current scope of GM's operations, the Godstown workers are apparently night. Twentyfive hundred Godstown workers may have walked, but almost 43.000 workers are oft ide Due to shortages of key parts manufactured Godstown, the impact of the strike has already spread to nine of the twelve GM plants that Godstown serves. The Jupiter plant manufacturer of GM's bets-seling new model shut down only one day after the Godstown strike started. Eight other GM plants (which build ans, compacts, and cury cars) did not last a week The impact has been so quick due to GM JIT inventory management in which plants koop only enough parts on hand to meet immediate production noods General Motors looks vulnerable to the effects of the strike. The company refuses to back away from its restructuring plans, but realizes at some point it must restart operations. Its Jupiter plant has a heavy backlog of orders, and company wide after tax losses from the strike are estimated at $50 milion a week. The crippling effects of the strike are reopening many issues which is broad cost cutting program. The Godstown strike is forcing GM to reexamine all the links in its chain
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