Applying an analytical framework to production process improvement

Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering; in conjunction with the Leaders for Manufacturing Program at MIT, 2007.

Bibliographic Details
Main Authors: Underwood, Curtis J. (Curtis James), Wood, Jacob R
Other Authors: Stephen C. Graves and David Simchi-Levi.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2007
Subjects:
Online Access:http://hdl.handle.net/1721.1/39694
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author Underwood, Curtis J. (Curtis James)
Wood, Jacob R
author2 Stephen C. Graves and David Simchi-Levi.
author_facet Stephen C. Graves and David Simchi-Levi.
Underwood, Curtis J. (Curtis James)
Wood, Jacob R
author_sort Underwood, Curtis J. (Curtis James)
collection MIT
description Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering; in conjunction with the Leaders for Manufacturing Program at MIT, 2007.
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spelling mit-1721.1/396942022-01-28T19:55:49Z Applying an analytical framework to production process improvement Underwood, Curtis J. (Curtis James) Wood, Jacob R Stephen C. Graves and David Simchi-Levi. Leaders for Manufacturing Program. Leaders for Manufacturing Program at MIT Massachusetts Institute of Technology. Department of Civil and Environmental Engineering Sloan School of Management Sloan School of Management. Civil and Environmental Engineering. Leaders for Manufacturing Program. Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering; in conjunction with the Leaders for Manufacturing Program at MIT, 2007. Includes bibliographical references (p. 74). As the medium voltage switchgear industry moves from air insulated to gas insulated technology, Siemens Frankfurt factory is introducing a new gas insulated product line that will improve their relative market position. It is their intent to design a product and supporting production system that will enable substantial cost and lead time reduction over existing Siemens gas insulated switchgear products. This thesis outlines a framework for analyzing the existing production process from 'customer order to customer delivery', identifying areas of opportunity, valuing projects aimed at achieving these opportunities, and prioritizing highest value projects for implementation. To provide a rigorous analytical approach to project selection, it was important to rethink existing ways of valuing inventory holding costs, material handling costs, and lead time. By uncovering hidden costs and benefits for each, projects that otherwise seemed unattractive become important to achieving overall factory objectives. Conversely, other projects that had been historically pushed by factory leadership were shown to generate little overall return on investment. (cont.) By using the approach outlined in this thesis, improved alignment was achieved across departments on several high value projects. This alignment positioned the factory to move forward with plans for successful implementation. It is the authors' hope that Frankfurt not only finalizes implementation of high value projects identified during this analysis, but also use the framework provided for future analysis and continued improvement. by Curtis J. Underwood & Jacob R. Wood. S.M. M.B.A. 2007-12-07T16:08:09Z 2007-12-07T16:08:09Z 2007 2007 Thesis http://hdl.handle.net/1721.1/39694 176066343 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 74 p. application/pdf Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Civil and Environmental Engineering.
Leaders for Manufacturing Program.
Underwood, Curtis J. (Curtis James)
Wood, Jacob R
Applying an analytical framework to production process improvement
title Applying an analytical framework to production process improvement
title_full Applying an analytical framework to production process improvement
title_fullStr Applying an analytical framework to production process improvement
title_full_unstemmed Applying an analytical framework to production process improvement
title_short Applying an analytical framework to production process improvement
title_sort applying an analytical framework to production process improvement
topic Sloan School of Management.
Civil and Environmental Engineering.
Leaders for Manufacturing Program.
url http://hdl.handle.net/1721.1/39694
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