'Preset minimum inventory levels' presentation slideshows

Preset minimum inventory levels - PowerPoint PPT Presentation


An engagement was designed to improve the productivity of employees and the financial performance of the Service

An engagement was designed to improve the productivity of employees and the financial performance of the Service

Assignment Solutions, Case study Answer sheets Project Report and Thesis contact aravind.banakar@gmail.com www.mbacasestudyanswers.com ARAVIND – 09901366442 – 09902787224 Human Resource Management CASE STUDY (20 Marks) An engagement was designed to improve the productivity of employees and the financial performance of the Service Department and the Parts Department of a Buick dealership. Under the theory that “employees pay attention to what their manager pays attention to,” we worked with the managers of both departments to analyze the behaviors that determined success in each position and brainstormed methods that the managers could implement to regularly monitor those success attributes. The biggest change in the Service Department was a behavioral change that required Service Techs to stop looking at a vehicle just in relation to the problem that needed fixing, but to view the vehicle holistically instead. This resulted in major opportunities to up-sell customers on resolving issues to prevent vehicle problems at a future date. To help achieve this behavior change, we implemented a Jiffy-Lube-type checklist that Techs were required to complete on each vehicle and that the manager would randomly sample before a vehicle left the garage. In the Parts Department, the major problem was excessive inventory. We implemented an A, B, C classification of parts based on utilization as well as a visual system for recognizing low inventory. The biggest change was the implementation of preset minimum inventory levels that prevented employees from ordering products until the inventory reached the safety stock level and then only ordering based on specific parameters. This resulted in about a 30% reduction of inventory as it was discovered that employees were ordering inventory to take advantage of receiving vendor gifts (i.e., professional sports shirts and jackets, NASCAR tickets, etc.) for ordering certain products and certain volumes. Answer the following question. Q1. Give an overview of the case. Q2. Debate the meaning of the statement “employees pay attention to what their manager pays attention to”. Assignment Solutions, Case study Answer sheets Project Report and Thesis contact aravind.banakar@gmail.com www.mbacasestudyanswers.com ARAVIND – 09901366442 – 09902787224

81 views • 6 slides



View Preset minimum inventory levels PowerPoint (PPT) presentations online in SlideServe. SlideServe has a very huge collection of Preset minimum inventory levels PowerPoint presentations. You can view or download Preset minimum inventory levels presentations for your school assignment or business presentation. Browse for the presentations on every topic that you want.