Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
D. And offset information are loaded into a memory chip that accompanies the tool before, during and after its use so the part is cut right the first time" instead of a "cut-and-adjust approach that has long been common to production operations (Vasilash, 2001). Employee training is also critical in maximizing capacity of all available resources. Employees are taken "to the machine tool builder to run machines to build prototype parts," to learn "about failure mode affects, how to detect when a tool was wearing out, building control and operating plans" (Vasilash, 2001).
Finally, GM is also entering into an alliance with the more financially stable Renault-Nissan corporation to better deploy its existing idle manufacturing capacity and increase its revenue from these facilities ("
Ghosn wants GM tie-up to fight Toyota?" 2006, Left Lane News). In its own production lines, it will try to respond to consumer demand for more fuel-efficient vehicles, to continue to explore hybrid technology, and to maximize its capital resources with minimal labor costs. Minimizing labor costs while maximizing streamlined resources is its goal, despite protests from...
It has tangled with its union in the past as it has striven to make its profile more in line with the automotive industry's needs in the 21st century, rather than to remain mired in the now-ineffectual strategies of its old, 20th century glory days. Despite its generosity to employees during its heyday, the once-great GM must meet the manufacturing demand of the moment, at the lowest cost possible.
Works Cited
Ghosn wants GM tie-up to fight Toyota?"(10 Jul 2006). Left Lane News. Retrieved 12 Jun 2007. (h ttp: / / www.leftlanenews.com/ghosn-wants-gm-tie-up-to-fight-toyota.html
GM North America to Undergo Major Capacity Reduction." (2007). Buzz Trader.
Retrieved 12 Jun 2007 at http://buzztrader.com/news/gm011.html
GM Announces Job Cuts, Plant Closures." (21 Nov 2005). Online News Hour. Retrieved 12 Jun 2007. http://www.pbs.org/newshour/bb/business/july-dec05/gm_11-21.html
Vasilash, Gary. (Feb 2001) "Dedicated Automation to Give Way to AGILITY."
Automotive Design Production. Retrieved 12 Jun 2007. http://www.autofieldguide.com/articles/020104.html
Works Cited
Ghosn wants GM tie-up to fight Toyota?"(10 Jul 2006). Left Lane News. Retrieved 12 Jun 2007. (h ttp: / / www.leftlanenews.com/ghosn-wants-gm-tie-up-to-fight-toyota.html
GM North America to Undergo Major Capacity Reduction." (2007). Buzz Trader.
Retrieved 12 Jun 2007 at http://buzztrader.com/news/gm011.html
GM Announces Job Cuts, Plant Closures." (21 Nov 2005). Online News Hour. Retrieved 12 Jun 2007. http://www.pbs.org/newshour/bb/business/july-dec05/gm_11-21.html
Automotive Design Production. Retrieved 12 Jun 2007. http://www.autofieldguide.com/articles/020104.html
" Conclusion Overall GM is currently confronting some of the most difficult obstacles that it has ever had to overcome. Government intervention is no guarantee that the company will be able to overcome these obstacles. Billions of dollars have been given to the company in an effort to save it from further demise. However, capital alone will not save the company, there must be a strategic effort of the management to properly
Total Ops. 8,485,608 7,061,704 3,638,889 3,445,640 * = Data not available (Forbes, Toyota income statement, 2013). Examining the income statements, Toyota's income fell from the previous three quarters, and the fall was somewhat substantial. Given that GM's net income did not demonstrate the same pattern, it does not appear to be the result of cyclical changes in the automotive sales cycle. In addition, Toyota's total revenue and net income appear to be more directly and positively
Integrating Total Quality Environmental Management Systems - a Critical Study of TQEM Relevance of TQM to Environmental Management Scope of Dissertation Moving from Reactive to Proactive Management Understanding TQM in Relation to TQEM History of TQM Operation of TQM Quality and Environmental Management Standards Environmental Management Systems Weaknesses of EMS Standards Total Quality Environmental Management Comparing ISO 9000 and ISO 14000 Integrating the ISO 14000 Environmental Management System Demographics Impact of certification on economic and ecological performances Research Design and Nature Integrating a Sustainable EMS with
The last century has seen an increase in the level of international purchases which has been supported by the developments in transportation and technology. Goods can move faster than before with developments in logistics. The negotiation and forming contracts for purchase with companies and communicate with potential suppliers in distant countries is also easier than in the past with the internet and tools such as video conferencing and emails.
The process would then need to continue so that the changes that can be seen in the environment can also affect the changes in entry strategies. Environmental factors, economic factors, political/legal factors, social/cultural factors and also technological factors should all be considered. The legal factors that need to be addressed include issues in employee law, monopolies and mergers legislation, environmental protection laws, and wider issues such as foreign trade regulations.
Managing All Stakeholders in the Context of a Merger Process Review of the Relevant Literature Types of Mergers Identifying All Stakeholders in a Given Business Strategic Market Factors Driving Merger Activity Selection Process for Merger Candidates Summary, Conclusion, and Recommendations The Challenge of Managing All Stakeholders in the Context of a Merger Process Mergers and acquisitions became central features of organizational life in the last part of the 20th century, particularly as organizations seek to establish and