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Assessing The Impact Of Network Security Problems.

Scenario

At PMI, there has been an increasing number of complaints from customers about backorders, out-of-stock products, and long wait times to deliver orders. Orders that were commonly delivered in 6–7 days are now taking up to a month. Your team has been tasked with researching and proposing a system that will take the facility from a push to a pull environment. The board of directors has required a complete report on the current inventory at the Detroit facility. While manufacturing hours and orders have remained consistent, the number of just in time (JIT) orders is at an all-time high. These JIT orders have also led to an increase in overtime being paid.

As the chief technical officer, you have been working with the director of operations for PMI. You proposed a project at the Detroit plant where the workers on the third shift would do a complete inventory assessment of all products in stock. You are alarmed when reviewing their findings, as some parts were overstocked by as much as 200%, while other sizes were out of stock or had very little inventory. You have called the supervisors of all three shifts into a meeting to discuss these issues. You must prepare an outline of plausible approaches and an IT solution to address the inventory and overtime issues.

Instructions

For this, you must prepare an outline of plausible approaches and an IT solution to address the inventory and overtime issues. While the board of directors will only see the outline, you must also include your talking points for each section. Develop the document as a paper, and bold each area of the outline with the findings below each area.

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Sample Answer

here is an outline of plausible approaches and an IT solution to address the inventory and overtime issues at PMI:

Outline

Introduction
- Background of the problem
- Current situation
- Goals of the project
Plausible approaches
- Just-in-time (JIT) inventory
- Kanban system
- Material requirements planning (MRP)
IT solution
- Inventory management software
- Warehouse management software
- Manufacturing execution system (MES)
Conclusion
- Summary of findings
- Recommendations

Full Answer Section

Findings

The current inventory system is not efficient and is leading to backorders, out-of-stock products, and long wait times to deliver orders.
The JIT system has led to an increase in overtime being paid, as workers are constantly scrambling to meet demand.
Some parts are overstocked by as much as 200%, while other sizes are out of stock or have very little inventory.

Plausible Approaches

Just-in-time (JIT) inventory: JIT is a system where inventory is only ordered when it is needed. This can help to reduce waste and improve efficiency. However, JIT can be difficult to implement and manage, and it can lead to stockouts if not done correctly.
Kanban system: Kanban is a visual system for managing inventory. It uses cards or other visual cues to signal when inventory needs to be replenished. Kanban can be a simple and effective way to manage inventory, but it can be difficult to implement in a large or complex organization.
Material requirements planning (MRP): MRP is a software system that helps to plan and manage inventory. MRP uses historical data and forecasts to determine how much inventory is needed. MRP can be a complex and expensive system to implement, but it can be very effective in managing inventory in a large or complex organization.

IT Solution

Inventory management software: Inventory management software can help to track inventory levels, order inventory, and manage reorders. This can help to improve efficiency and reduce errors.
Warehouse management software: Warehouse management software can help to track the movement of inventory in and out of the warehouse. This can help to improve efficiency and reduce costs.
Manufacturing execution system (MES): MES is a software system that integrates the manufacturing process with the rest of the organization. This can help to improve efficiency and quality.

Conclusion

The best approach to addressing the inventory and overtime issues at PMI will depend on the specific circumstances of the organization. However, the IT solutions discussed above can be used to improve efficiency and reduce costs.

In addition to the IT solutions, it is also important to address the root causes of the problems. This may involve making changes to the production process, the inventory management system, or the way that orders are placed. By addressing the root causes of the problems, PMI can improve its efficiency and profitability.

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