WaveRiders Kuanhua Ho Ji Shen Elizabeth Kabagambe Nongluck Kongthaisereekul Ivaylo Stoykov Team A4 Aim Curent position of WaveRiders GAP Asset Management WaveRiders IMPROVE Knowledge Management Excellence Asset Management Facilities Management Resource Utilisation Security Asset Management Health and Safety Maintenance Life Cycle Management Environmental Management Facilities Management Facilities Management • Responsibilities often cover several department, as well as central service that link all teams. • Identify inventory for managing effectively and cost saving. • Planning for future development in line with strategic business activities. • Risk management for reducing damage suddenly Facilities Management/Storage • Register asset • Use CAFM to manage inventory Facilities Management - Transportation • GPS system - Truck delivery schedule - find shortcut route • Traffic map • Inspect truck monthly Facilities Management/Risk Abnormal operating condition - suitable stock level (Bottle-neck item ) - Reward policy - Review process quarterly Nature disaster - Electric fan - Insurance Emergency case Security Source: (EFQM, 2010) Virtual Security •Data Back-up Solutions •Corporate anti-virus software •Virtual Private Network Physical Security •Access Control •CCTV •Reception Tasks Health & Safety Source: (EFQM, 2010) Health & Safety Evaluation •Annual medical examination •Annual measurement of physical & chemical factors of the working environment source: (Lehto, 2004) Health & Safety precautions •Gloves •Masks •Boots •Overalls Health & Safety precautions •Glasses •Screen cower •Light Maintenance Maintenance • Preserve an asset or preserve the ability of the asset to safely and economically produce • Continuously improve their own processes • Preventive maintenance – Cleaning – Inspection • Proactive replacement – Substitute new components for deteriorating or defective components Maintenance • Increases – Maintenance labour costs – Replacement parts costs • Decreases – Scrap/quality costs – Downtime/ loss production costs – Lost sales costs Life Cycle Management Life Cycle Management • To improve their products and thus the sustainability performance of the companies and associated value chains • Towards continuous improvement along the life cycle • Provides long run cost savings Life Cycle Management • Current Situation I – High operating costs – Will have decrease in salary expenses according to new strategy Source: WaveRiders Case Study. (2011). Life Cycle Management • Current Situation II – Over-production – Stock getting old – Forecast demand once a year Source: WaveRiders Case Study. (2011). Plans • Create maintenance plan eg. Regular cleaning and inspection of the equipment • Early management of new equipment • Set standards for equipment • Change forecasting frequency eg. From annually to monthly • Implementing JIT + backup stock, TPM, and Kaizen JIT + Safety Stock • Combination of “pull” and “backup” • Used to control levels of inventory and reduce waste • Reduce the exposure to waste created by inaccurate forecasts • Produce when order is received • Also keep back up stock • Nurture good relationship with suppliers Lean - Kaizen • • • • Focus on eliminating waste Small improving productivity Continual improvement Involve employees Total Productive Maintenance (TPM) • Preventive approach • Workers take care of equipment they work • Ensure equipment perform its required tasks without interrupting or slowing down. • Minimise downtime Resource Utilisation Production Scheduling * Optimize costs, time, quality Keep resources at required quantities (inventory, equipment, utilities, people) Avoid delays, downtimes, redundancy, switch-over hiccups Real-time monitoring and decision-making Business Strategy Production levels Capacity levels Operational Flow (Product, Service Processes) Monitoring & Data acquisition System Demand (Current & Forecasted) Manufacturing Resources Planning * Strategy: Make or Buy * Forecasted Demand In-sourcing / Global production Assumed supply-driven market Demand – push strategy or Offshore / Outsourcing Objective : Match capacity with demand Finance Purchasing CUSTOMER ENGINEERING & PRODUCTION Hull manufacture Tube manufacture Hull and tube Assembly Lymngto n Marketing (& Sales) London Barcelona Exmouth Human Resource Technology rq Material orders Workforce WIP Operations Information Integration Finished Goods Production Scheduling Approach Lean : cost – efficiency & waste reduction Kanban : Capped Production Visualize workflow Keep WIP to minimum Monitor lead-times # Stock-outs Real-time management through e-systems Capacity Planning Strategy: Match capacity with demand Operations - Short / medium production cycle time: 6 months Long term cycle time: 2 years Planning Levels: * Capacity Requirement Planning: MRP * Resource Requirements Planning: PP - Constraints - Manhours -Routing -Equipment - Customer orders - Finished Good - BOM - Lead times (JIT) - Stock levels -Contingency stock -Procurement Orders - Order Tracking (IT) Inventory Availability High Leverage items Impact on e.g. electrical devices. Paint, wood e.g. Fibre glass; engine Normal items Bottleneck items e.g. Glue, bolts e.g. fabric Cost Low Strategic items Low High Availability risk Measures •Increase flexibility of supply Partnerships Competitive bidding – leverage items Contracting – normal items •Increase responsiveness: Information sharing JIT approach - low stock, high inventory turnover •Contingency stock: Bottleneck items Environmental Management Source: (EFQM, 2010) Environmental Protection • Optimization of production processes • Using environmentally-friendly materials (eg. using green paint) • Using MBFB to clean the wastewater • Improve products • Technology development • Develop hybrid engine • Using recyclable materials • Recyclable rubber • Recyclable plastic Reduce waste • Material • Using recyclable materials • Improve the utilization of raw materials • Workplace • Keep workplace tidy • Lean-JIT • Workforce • Reduce human error • Training workforce Knowledge management Facilities Management Resource Utilisation Security Asset Management Health and Safety Maintenance Life Cycle Management Environmental Management Benefits of Knowledge management • • • • • • • • • Produce and conserve New Value - such as Intellectual Property Assets Generate new Wealth and increasing returns Increase Revenue Open New Markets Enable Sustainable, Organic Growth Improve Decision-Making Mitigate Risk Develop and implement New Business Models Build More Profound relationships and ongoing Mind-Share with Customers - penetrate the mind of the customer • Lift Productivity and Efficiency • Speed Innovation • Unleash new Ideas and Creativity • Help create a more Adaptive, responsive, dynamic, flexible, organization • Facilitate the evolution of a more Intelligent Enterprise and produce smart engaging products • Use knowledge To Build Virtual Networked Businesses • Better prepare for and anticipate The Future • Improve and accelerate Learning • Gather superior Business and Competitive Intelligence • Enhance Team Collaboration & Coordination …….. Knowledge Flow External Environment Tacit Knowledge Learn Knowledge Absorption Ideas Rapid Conversion Embedded Knowledge • Innovation •Products • Processes etc. Insights Knowledge Creation Codification Source adopted from: Nissen, 2002 and Newman, 2003 Knowledge Base Explicit Knowledge Implement KM in WaveRiders Diffuse/Use •Decision support •Self-learning •Group learning Knowledge database •Document repositories/warehouses •E-database Collect/Codify •Information feeds •Intelligent agents •Customer service integration Create •Thinking aids •Conceptual Identify Knowledge •Date management •Acquire knowledge through training •Text Retrieval Source adapted from: McAdam and McCreedy, 1999 Technology for KM Technology is enabler and support mechanism • Organise store access explicit knowledge • E-libraries • “Best practice” databases • Connect people to share tacit knowledge • Groupware (eg. • Video conferencing ) WaveRiders towards EFQM Leadership Strategy 3B Facilities Management Asset Management People Partnership & Resources Processes, Products & Services 4D, 4C 4C, 4E Security Health & Safety 3E 4C Environmental Management 3B 4D 5A, 5B, 5C, 5D 3C 4C 5D 4C 5D 4C, 4D 5D Life Cycle Management 1C Maintenance Resources Utilisation Knowledge Management 1A 2C 1B, 1C, 1D 2A, 2B, 2D 3B, 3D 4E Based on (EFQM, 2010) THANK YOU! References 1 •EFQM. (2010). EFQM Excellence Model. EFQM Publications. •Lehto, A.-M. (04 October 2004 r.). European Working Conditions Observatory. Изтеглено на 14 April 2011 r. от Eurofound: http://www.eurofound.europa.eu/ewco/surveys/FI0410SR01/FI0410SR01_6.htm •Newman, B. 2003. Agents, artifacts, and transformations: the foundations of knowledge flows. In: Holsapple, C.W. (ed.). Handbook on knowledge management. Berlin:Springer- Verlag. •Nissen, M.E. 2002. An extended model of knowledge-flow dynamics. Communications of the Association for Information S •McAdam, R. and McCreedy, S. 1999. A critical review of knowledge management models. The learning organization 6(3):91100.ystems 8:251-266. •ManageEngine, (2011), “FacilitiesDesk – CAFM software”, [online] http://www.manageengine.com/products/facilities-desk/cafmsoftware.html •UK Resilience, (2010), “Emergency Preparedness”, [online] http://www.cabinetoffice.gov.uk.uk/ukreailience •Park, A., (1998), “Facilities management: an explanation”, Second Edition, Basingstoke: Macmillanik •EFQM (2009). EFQM Model. Belgium •Frohlich, M. T., Westbrook, R.(2001). Arcs of integration: an international study of supply chain strategies. Journal of Operations Management, Pp. 185-200 •Chopra, S. , Sodhi, S.M., (2004). Managing risk to avoid supply chain breakdown, vol. 46 no.1, Pp. 53- 61. MIT Sloan Management Review. References 2 •Hansen, D. R., & Mowen, M. M. (2010). Cornerstones of cost accounting. Mason, OH: South-Western, Cengage Learning. •The California Coastal Commission & the California Department of Boating and Waterways’ Boating Clean and Green Campaign. (2001). Clean Green Boat Maintenance - A Pollution Minimization Checklist for boat maintenance contractors and do-it-yourself boaters. Retrieved from http://www.coastal.ca.gov/ccbn/checklist.pdf. •UNEP/SETAC Life Cycle Initiative., United Nations Environment Programme., & SETAC-Europe. (2009).Life cycle management: How business uses it to decrease footprint, create opportunities and make value chains more sustainable. S.l: UNEP/SETAC, Life Cycle Initiative. •US Environmental Protection Agency. Lean Thinking and Methods. Retrieved on 13 April 2012, from http://www.epa.gov/lean/thinking/index.htm. •WaveRiders Case Study. (2011). Notes in Knowledge-Based Asset Management Module. University of Warwick, WMG, IMC249, 11th April 2011. •Wireman, T. (2004). Benchmarking best practices in maintenance management. New York: Industrial Press.