1. What challenges and opportunities did Boeing face in the late 1990s? Some challenges that Boeing faced in the late 1990’s were as follows: Terrorist attacks – the impact of 9/11 caused the company to lose a lot of money due to the fact that air travel declined significantly. People weren’t flying as much as flight schedules were cancelled because people were scared to fly. In addition, airplanes re-orders were being rescheduled.
They don’t have efficient control system that can oversee from designing and planning to manufacturing along with suppliers. For example, Dreamliner was aimed to reduce the financial risks involved in a $10 billion-plus project for designing and developing a new aircraft and reduce the new product development cycle time. But with the trouble getting enough permanent titanium fasteners, Boeing has to highly dependent on a few suppliers. This will inevitably increase cost. With bad communication, various manufacturers can’t design a proper software program for test the nose
There is also not enough space for storing raw materials and finished goods, which of course means that production may be slow if not everything is accessible. The layout of the company makes the workflow difficult and so motion is wasted. This leads to a decrease in production. The employees are not being allowed to work at their fullest potential, (02) Secondly, long term Albatross Anchor must decide to upgrade their technological tools. In order to be more successful in their industry, they must have up-to-date equipment and technology.
On the other hand, why would Boeing develop in-house some of the software applications used in conjunction with its products? [list] While some applications are cross-industry, others are within an industry (vertical), meaning that they do provide a competitive advantage. While word-processing and accounting tools may be interchangeable, specialized software has the potential to offer massive benefits and advantages. Engineers’ software, for example, could well be worth the investment to develop in order to ensure a better quality of output in their products. Boeing
Jorge Felix MBA, Management and Strategy Student ID: 000309831 Mentor: Rose Sklar C 915-497-5423 El Paso, Texas MST Decision Analysis JGT2 Task 1 A. Layout Strategies In order for Shuzworld to be successful in an expanding market, the company needs to be inventive and address all the issues utilizing the management tools and techniques available as well as the decision analysis tools in order to improve the current workflow. The workflow improvements have been noted as an area of possible improvements, after the meeting with the production manager the production and assembly line to be reviewed for efficiency was the Rugged Wear boot assembly I decided to use the line balancing technique in order to calculate the best line arrangement and increase the efficiency of the process. Efficiency = 46 (Total Task time) / 8 (total number of work stations) * 10 (longest task time) = 57.5% To define what the minimum of workstations needed are we can calculate using the following formula: Minimum of Workstations = Total task time/ Cycle time. In order to calculate the cycle time we need the following: Production time per day / output per day in our conversation with Wu, there is a budget to produce 6 workbooks an hour, with a 40-hour workweek.
The management of the company has decided to introduce changes to the business processes. The business process of the company would be enhanced through the use of latest technology. The goal of the management is to increase the sales revenue for the company by focusing more on the customer relationship management initiatives. Furthermore, the company also wants to analyze the analytical customer relationship management program. However, the final decision for the implementation of this analytical CRM project depends on the return on investment and the adequate payback period.
The other benefit of casting is the cost related to purchasing of tools thus making this process available to a wide range of manufactures. The most commonly used casting method in aircraft is process of investment casting. The process is shown in figure 2. Investment casting is the process to create a product by using a ceramic or wax mould. The first step is
As individual economies evolve into a global one, people must develop their EI in order to achieve success. This paper examines the relationship between self-perception of management skills and EI levels. Managers with self-perceived effective management skills possess higher EI levels, enabling them to achieve better outcomes and foster fertile work environments. Employers who recognize the importance and presence of high levels of EI in employees, especially management personnel, and individuals who develop a higher personal level of EI will result in a stronger more effective workforce. The hypothesis is thus formulated that self-awareness of EI status is the first critical step in managerial effectiveness and success and in developing and supporting EI in others.
Meanwhile, going public can also increase the publicity of JetBlue and attract more potential customers, which may result in a greater market share of JetBlue in the airline industry. For founding individuals of JetBlue, its IPO may be an opportunity to increase their liquidity. At the same time, disadvantages arise when JetBlue goes public. Before going public, JetBlue needs to solicit approval from SEC, which monitors listed firms to ensure they obey all the rules and regulations, for instance, JetBlue is required to make adequate disclosure to investors and the like. And the costs of complying and some additional costs such as audit fees can be very high, especially for small firms.
Describe online collaboration and its benefits to Boeing. Basically Boeing is a transformed Chicago based aerospace company which undertakes high level technology and system integrator, and uses cutting edge materials and electronics for its newly designed assembly process passenger planes i.e. the Boeing 787, which is also known as “Dreamliner”, other new midsize passenger jet that’ll have carbon-fiber-reinforced plastic parts which will make it lighter and provide better fuel economy. Furthermore, Boeing’s shift goes beyond making planes faster and cheaper, due to its consolidated technology group (IT system people) playing a large role towards this shift. Thus, partners including companies in Japan, Russia, and Italy are there to design concepts to production level, bearing in mind that concept parts are assembled in a computer model maintained by Boeing outside its corporate firewall.