Running head: PROBLEM SOLUTION: KUIPER LEDA
Problem Solution: Kuiper Leda
James Stone
Problem Solution: Kuiper Leda
Inventory management involves planning and controlling inventory from the raw materials stage, through to the customers end. Businesses rely on suppliers for inputs that are required to manufacture products.
Kuiper Leda Inc. is located in the republic of Novamia, and is an electronics component manufacturer. Their specialty is electronic control units and sensors, which are highly used in the automotive industry, and by original equipment manufacturers. The company has successfully operated for ten years and has recently entered into manufacturing Radio Frequency Identification Tags.
Kuiper Leda, to date, has worked primarily with small customers, and has a limited daily capacity of parts they can produce. The company believes the increasing demand of quality parts has identified a bottleneck within their manufacturing operation, which dictates the constant upgrading of information systems, processes, and the supply chain management.
Situation Analysis
Issue and Opportunity Identification
Kuiper Leda has a limited daily capacity of parts that can be manufactured. In addition, the company has recently entered into the Radio Frequency Identification manufacturing product line and does not have a strong customer base, or a huge manufacturing capacity. Kuiper Leda is also interested in exploring technology-based options designed to optimize key elements of the company supply chain. Kuiper Leda has accepted an order from a major OEM, which exceeds the capacity of the production facility, and must identify ways to increase throughput, and minimize cost with regard to the Capacity Management, and Inventory mana ...