Warehousing and distribution Essay Example | Topics and Well Written Essays - 2000 words - 2

Warehousing and distribution - Essay Example Continuous improvement, on the other hand, is based on the lean and quality management approach. It is essential to understand this three approaches and how their application in a warehouse can help improve its operations. This paper will discuss, in detail the differences among these three approaches. The paper will highlight several definitions of the three approaches and point out the differences. This essay will also review how the application of lean principles in a warehouse can improve its operations. This essay will start by defining what continuous improvement is. It will give an overview of continuous improvement and a brief history of the concept. It will further define quality management and lean approach and compare this approach to continuous improvement in a warehouse or a distribution centre. It will give a detailed comparison between the quality management and lean approach versus continuous improvement. The essay will then discuss how lean principles can be applied in a warehouse or distribution centre. It will seek to define what lean principles are and what causes waste in the warehouse. The essay will focus on how the application of these lean principles improves processes used in a warehouse. Deming (2000) defines continuous improvement as a long-term approach to work aimed at achieving small, incremental changes in processes so as to improve efficiency and quality. Continuous improvement is also referred to as Kaizen. It is a constant, deliberate effort by an organization to better its information, products, services or processes. For an organization to attain the desired effect of continuous improvement, the changes have to be totally incorporated with a commitment to making them last. An organization should also hire the right personnel or train existing ones how to improve the process. Kaizen is a Japanese word that means change for the better but when translated to English, it means continuous improvement. Dr. W.

Week 4 A 2 Case Study Example | Topics and Well Written Essays - 250 words

Week 4 A 2 - Case Study Example This will also help her to make decision on whether to develop a system which she will use for training or offer training manually. The most important aspect of system development is its implementation. This will require approval from management and users of the system. The system should meet needs of the users and also be cost effective. To ensure this is achieved, Susan should assess its efficiency using rate of return, payback period, or net present value methods. Payback period refer to duration which revenue gained from a project will cover the expenditure incurred for its implementation. It is a simple method to use before decision making. However, this method ignores time value of money. Rate of return method is also useful to calculate the total amount of revenue generated from a project. It is useful when comparing more than one project and is also easy to use. However, it ignores projects with low returns at the initial stages but yielding high returns in the future. It also fails to take into consideration time value of money. Finally, she may decide to use net present value method, whereby she will consider the future returns of a project and value them at present time. This method takes into consideration the entire project lifecycle. However, it difficult to calculate since it requires people with professional accounting