Tuesday, May 5, 2020

Be or Not to Be free essay sample

However, three years later Mebrisk India discovered its system revamp was a completely futile exercise. Adip Arya was extremely dejected when he found the system he had partly engineered with Parthiv Vyas was today being considered as completely fruitless by the Company’s new director of Operations, Kevin Mathais. It all began in 1997 when operations and finance in Mebrisk India was taken over by Parthiv Vyas, a commercially driven person, who came from Delaware. Soon, after joining the company he came across many flaws in the working of the Sales and Production Teams respectively. He felt the Sales and Production Team can work together in cooperation only if commercial becomes proactive in the company. So the first thing he asked his team is to get him a zero or negative working capital and that can be done by the team by recovering the money from debtors before the company has paid for the raw materials. Parthiv also found that the production plan was not in sync with sales plan. He realized that the problem lies with the factories as they produced what they desired irrespective of what the market needed. This was happening due the miscommunication between the Sales and Production Teams of the Company. Hence, Parthiv came to the conclusion that need of the hour was to connect the factories with depots to regions to head office. As a result, he ordered every location to be provided with V-Sat connections at a huge cost, that is, 17 Crores. By doing so, he reduced the production planning cycle from one month to one day. Later, he also found that the company was producing and accumulating eight times more than required! In order to solve this problem, he asked his production team to manufacture the entire year’s need of products and dispatch it to the zonal stock points (ZSPs). Therefore, he set up various ZSPs and systems were put in place. This helped in reducing the production set up and re-set up runs. As a result for all these reforms, the company witnessed sync in the stocks and the tussle between the sales and production teams also stopped. In short, the new reforms were now a work of art. However the things changed in 2000, when Parthiv left the company and Kevin Mathais took over. He was not too happy with the â€Å"Plan Revamp†. He was of the opinion that the company was paying too much for technology and nothing was being achieved. He wanted the produced items to be moved directly to the stockists and hold them there rather at the ZSPs, the factory should be allowed to do the production planning and decide what and how much should be produced rather than the sales. In short, Kevin was trying to the company’s former condition. The solution was to connect factories, with depots to regions to head office by V- Sat connections and Computers, This will enable the flow of information from factories, stock points to Head office, This will enable the company for better forecasting and production plans. Analysis of the Solution * The data flowed in miraculously between, sales departments, production department and Head office, The system started capture all the data like sales, stocks, production, etc. * Sales forecasts become much easier based on actual data and forecasts reached production department on time and incorporated along with the production plan. The production planning cycle reduced from one month to one week and eventually to one day * The stocks were in sync with production plan, the tussle between sales and production stopped * Working capital, which was 33% of the turnover, came down to 35 as soon nil. * The managers who used to monitor truck routes and supply of materials to stock points moved to productive activities. Conclusion As in my opinion regarding this case study, Technology helps you to strategically grow your business helping you to streamline your internal communication efforts. It gives you a way to ensure that everyone in your company is on the same page. So therefore, almost all businesses are dependent on technology on all levels from research and development, production and all the way to delivery. Small to large scale enterprises depend on computers to help them with their business needs ranging from Point of Sales systems, information management systems capable of handling all kinds of information such as employee profile, client profile, accounting and tracking, automation systems for use in large scale production of commodities, package sorting, assembly lines, all the way to marketing and communications. It doesnt end there, all these commodities also need to be transported by sea, land, and air. Just to transport your commodities by land already requires the use of multiple systems to allow for fast, efficient and safe transportation of commodities. Without this technology the idea of globalization wouldnt have become a reality. Now all enterprises have the potential to go international through the use of the internet. If your business has a website, that marketing tool will allow your business to reach clients across thousands of miles with just a click of a button. This would not be possible without the internet. Technology allowed businesses to grow and expand in ways never thought possible. The role that technology plays for the business sector cannot be taken for granted. If we were to take away that technology trade and commerce around the world will come to a standstill and the global economy would collapse. It is nearly impossible for one to conduct business without the aid of technology in one form or another. Almost every aspect of business is heavily influenced by technology. After all, even Bill Gates seems to agree with the role that technology has to play in the field of business as he says â€Å"Information technology and business are becoming inextricably interwoven. I dont think anybody can talk meaningfully about one without the talking about the other. † References The case study material attached along with this.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.