Wafer Case & controlability analysis Flashcards
Key learning outcomes of the wafer case
1) Companies tend to grow emergently so all decisions may not have been made at the same time
2) Problem are caused by:
- alternating demand
- Order sizes
- different mix of products
3)Delivery problems
4) Visualization is important for understanding the stocks.
5)Even though the number of orders has increased, the performance decreases.
6) bottle neck is a problem and they need a safety stock
What should you suggest to the Wafer company and why?
What should you consider when delivering recommendations?
1) Reduce execution times by order and wafer
2) All finished parts should be checked
3) Reducing number of wafers lost or missing in the production.
4) shortened delays
5) Improve scheduling process
What to consider when we give those recommendations:
1) Recommendations align with strategy goal
2) Recommendations are feasible with what ressources we have
3) Is it scalable
What is the raison d’être of the controllability analysis?
First of all, the controllability analysis: focuses on identifying and understanding the factors that a business can control to improve its performance and efficiency
Its raison d’être is:
1) to improve the overall efficiency of the value adding system.
2) Identifying bottlenecks
3) Enhancing decision-making
4) reducing variability