Chapter 8 Producing Quality Goods and Services Learning Objectives 1. Explain the nature of production. 2. Outline how the conversion process transforms raw materials, labor, and other resources into finished products and services. 3. Describe how research and development lead to new products and services. 4. Discuss the components involved in planning the production process. 5. Explain how purchasing, inventory control, scheduling, and quality control affect production. 6. Summarize how productivity and technology are related. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 2 Operations Management …all activities managers engage in to produce goods and services. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 3 Spotlight Production Salaries Source: Monster website, www.monster.com, accessed September 21, 2008. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 4 Where U.S. Jobs Have Gone 2% Mexico 7% China 27% 14% India Asia (Other than China & India) Latin American & Caribb. (Except Mexico) Eastern Europe 15%, 23% 12% Other Source: Bronfenbrenner & Luce, “Offshoring: The Evolving Profile of Corporate Global Restructuring,” Multinational Monitor, Dec. 2004, http://www.multinationalmonitor.org/mm2004/122004/bronfenbrenner.html . Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 5 How Successful U.S. Firms Compete in the Global Marketplace Motivate employees to cooperate and improve productivity Select suppliers offering higher-quality raw materials at good prices Replace outdated equipment Use computerized manufacturing Improve control procedures Build new facilities in foreign countries Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 6 Output per Hour in Manufacturing Source: U.S. Department of Labor, Bureau of Labor Statistics, September 2008, “Output per Hour in Manufacturing: 15 Countries or Areas,1950–2007,” ftp://ftp.bls.gov/pub/special.requests/ForeignLabor/prodsuppt01.txt. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 7 Mass Production …a manufacturing process that lowers the cost required to produce a large number of identical or similar products over a long period of time. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 8 Analytical Process …a process in operations management in which raw materials are broken into different component parts. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 9 Synthetic Process …a process in operations management in which raw materials or components are combined to create a finished product. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 10 Today’s Operations Managers Must Be able to motivate/lead Understand technology Appreciate control processes Understand customer Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 11 Utility …the ability of a good or service to satisfy a human need. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 12 Types of Utility Form Place Time Possession Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 13 Form Utility …created by converting raw materials, people, finances, and information into finished goods or services. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 14 Figure 8.1: The Conversion Process The conversion process enables business firms to convert ideas and resources such as materials, finances, and information into useful goods and services. The ability to produce products, services, and ideas is a crucial step in the economic development of any nation. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 15 Conversion Process Focus ─ resource(s) that make up the major input Magnitude of change ─ degree to which physical resources are physically changed Number of production processes ─ varies by product/industry Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 16 Service Economy …an economy in which more effort is devoted to the production of services than to the production of goods. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 17 Figure 8.2: Service Industries Source: U.S. Bureau of Labor Statistics website, www.bls.gov, accessed September 20, 2008. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 18 Production of Services vs. Goods Services consumed immediately; goods can be stored Services provided when/where customer desires Services usually labor-intensive Services intangible Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 19 Major Activities in Operations Management New Product Development Planning for Production Operations Control Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 20 Research and Development (R&D) …a set of activities intended to identify new ideas that have potential to result in new goods and services. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 21 Types of R&D Activities Basic Research Aimed at uncovering new knowledge Applied Research Geared toward discovering new knowledge with some potential use Development and Implementation Undertaken specifically to put new or existing knowledge to use in producing goods and services Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 22 Product Modification Product extension or refinement gives new life to a product whose sales make up for the declining sales of a product…introduced earlier. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 23 Figure 8.3: Planning for Production Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 24 Design Planning …the development of a plan for converting a product idea into an actual product or service. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 25 Product Line …a group of similar products that differ only in relatively minor characteristics. Requires balancing customer preferences and production requirements Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 26 Product Design …the process of creating a set of specifications from which a product can be produced. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 27 Capacity …the amount of products or services that an organization can produce in a given time. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 28 Use of Technology Automation Labor-intensive technology Process in which people do most of the work Capital-intensive technology Process in which machines and equipment do most of the work Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 29 Produce a New Product in Existing Factory If Existing has enough capacity Cost of refurbishing is less than cost of building new Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 30 Production Facility Location Variables Locations of major customers and suppliers Availability and cost of skilled and unskilled labor Quality of life for employees and management Cost of land and construction Local and state taxes, environmental regulations, zoning laws Financial support from local and state governments Special requirements such as great amounts of energy or water Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 31 Plant Layout …arrangement of machinery, equipment, personnel within a production facility. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 32 Figure 8.4: Facilities Planning Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 33 Operational Planning Step 1: Selecting a Planning Horizon Step 2: Estimating Market Demand Step 3: Comparing Market Demand with Capacity Step 4: Adjusting Products/Services to Meet Demand Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 34 When Demand Exceeds Capacity Operate facility overtime Add 2nd, 3rd shift Outsource a portion Expand current facility or build another Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 35 When Capacity Exceeds Demand Reduce number of employees Shorten workweek Close part of facility Shift to production of other goods or services Sell unused facilities Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 36 Figure 8.5: Four Aspects of Operations Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 37 Purchasing …all activities involved in obtaining required materials, supplies, components, and parts from other firms. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 38 Objective of Purchasing Ensure Required materials Available when needed In proper amounts At minimum cost Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 39 Factors in Choosing Supplier Price Quality Reliability Credit Terms Shipping Costs Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 40 Inventory Types: Raw Materials Work-in-Process Finished Goods Associated Costs: Holding/Storage Stock-Out Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 41 Inventory Control …the process of managing inventories in such a way as to minimize inventory costs, including …holding costs and potential stock-out costs. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 42 Materials Requirements Planning (MRP) …a computerized system that integrates production planning and inventory control. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 43 Extensions of MRP Manufacturing Resource Planning Less-sophisticated software; involves just production and inventory personnel Enterprise Resource Planning More-sophisticated software; can monitor not only inventory and production processes but also quality, sales, etc. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 44 Just-in-Time Inventory System (JIT) …a system designed to ensure that materials or supplies arrive at a facility just when they are needed so storage and holding costs are minimized. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 45 Debate: Should JIT Be Used to Reduce Inventory Costs? YES •JIT ensures that materials or supplies arrive when they are needed. •JIT reduces inventory storage costs because suppliers must deliver goods when they are needed. •Former storage space can be diverted to more productive activities like manufacturing. Copyright © Cengage Learning. All rights reserved. NO •Firm can encounter stock-out costs if supplier doesn’t deliver. •Supplier storing goods passes on storage cost in the form of higher prices. •If suppliers don’t deliver on time, manufacturer may have to shut down assembly line. Chapter 8 | Slide 46 Scheduling …the process of ensuring that materials and other resources are at the right place at the right time. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 47 Scheduling Concerns Place/time Routing of materials Timing Follow-up Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 48 Quality Control …the process of ensuring that goods and services are produced in accordance with design specifications. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 49 Malcolm Baldrige National Quality Award Given by U.S. President Results in • • • • • Better employee relations Higher productivity Greater customer satisfaction Increased market share Improved profitability Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 50 Inspection …the examination of the quality of work in process. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 51 Improving Quality Through Employee Participation Total Quality Management (TQM) program Six Sigma: Disciplined approach that relies on statistical data and improved methods to eliminate defects in products and services Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 52 Six Sigma Belts White ─ intensive, short-term training for small-scale or localized quality projects Green ─ extensive training for more-complex or department-wide projects Black ─ long-term training plus hands-on experience; for leading projects involving multiple areas Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 53 Production and Quality Management Websites • There are several web-based sources of information and journals devoted to quality management and production issues. National Association of Manufacturers: www.nam.org Quality Digest: www.qualitydigest.com Industry Week: www.industryweek.com Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 54 Productivity …the average level of output per worker per hour. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 55 Average % Changes in Productivity 1999–2008 Source: U.S. Bureau of Labor Statistics. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 56 Productivity Trends U.S 5th largest increase U.S. rate of productivity growth lagging Determines standard of living Increased cooperation between management and labor Changing reward system More money invested in facilities, equipment, and training Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 57 Automation …the total or near-total use of machines to do work. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 58 Robotics and Computerization Robotics Use of programmable machines to perform a variety of tasks by manipulating materials and tools Computer manufacturing systems • • • Computer-aided design Computer-aided manufacturing Computer-integrated manufacturing Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 59 Flexible Manufacturing Systems Continuous process = a firm produces the same product over a long period of time Intermittent process = a firm’s machines and equipment are changed to produce different products Customer-driven production Technological displacement Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 60 Chapter Quiz 1. A(n) __________ process breaks raw materials into different component parts. a) b) c) d) e) mechanical analytic synthetic technological productive Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 61 Chapter Quiz 2. In the manufacturing process, the resource that comprises the major or most important input is referred to as the a) b) c) d) e) number of technologies. magnitude of change. focus of the conversion process. resource utilization process. resource manufacturing process. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 62 Chapter Quiz 3. Today, approximately __________ percent of American workers are employed by service industries. a) b) c) d) e) 92 83 76 40 28 Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 63 Chapter Quiz 4. A __________ layout is used when different operations are required for creating small batches of different products or working on different parts of a product. a) b) c) d) e) labor intensive capital intensive process product fixed Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 64 Chapter Quiz 5. The average level of output per worker per hour a) b) c) d) e) is the definition of productivity. is the focus of the production process. applies only to a synthetic manufacturing process. applies only to an analytic manufacturing process. can be improved if the magnitude of the change is eliminated. Copyright © Cengage Learning. All rights reserved. Chapter 8 | Slide 65