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STIU Four Star Mattress Case Analysis

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by

Rungkarn Sila

on 25 June 2014

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Transcript of STIU Four Star Mattress Case Analysis

Inventory
Supply Chain
Quality
Four Star Background
Improvement in Supply Chain area
Coordination and collaboration throughout the supply chain process
Operation issues;
Production scheduling and controlling.
Order management
Inventory and demand mismatch
Challenge in Operation Management
Operation
Improvement in Quality Area
Identified the details of each process clearly
Make a clear instruction for the process.
Set the minimum order quantity (MOQ) to mange complex order.
Manage the safety stock of each model base on the best seller.
Establish training to employee for awareness and competency.
Improvement in Operation area
Project Outline
Sia Meng's Ideas
Solution!
Four Star Industries Singapore
Team Member
Naruedee T.
Ranee E.
Nuntaporn T.
Rungkarn S.
Woraphong S.
Four Star has striven to be a leader and innovator in bedding technology and products. Four Star is registered in several countries and is recognized around the world for its innovation and the excellence of its products.
Improvement of Inventory
Challenge in Quality Product or Service
Only one single check point area throughout the process.
Labor issues
Challenge in Inventory Management
Option
Four Star Manufacturing Process
Background
Challenge
Options
Conclusions
Solutions
Engineering
Marketing
Sale
Customer
Demand
Request
Draft Mattress
Specification
Challenge in Supply Chain Management
Inventory mismatch with demand
Finish goods over-stock
Increasing in new mattress model.
Unpredictable order.
Communication
Operation Management
Planning, Schedule, Controlling
Supply chain
Kaizen
Inventory Management
Statistic analysis & AHP-ABC method
Improvement in Quality Area
Conclusions
- Reduce the number of mattress model which non-movement more than 3 years
- Set the minimum order quantity (MOQ) to manage complex order with dealers
- Reduce safety stock using the statistic and inventory level
Scope
Cost
Time
Quality
Improvement in Quality Area
Full transcript