Signal-Tek Corporation Case Study Example | Topics and Well Written Essays - 750 words

Signal-Tek Corporation - Case Study ExampleTwo larger putz manufacturers have been taking some of the social classs market shares by takeering low-cost products at a quicker rate. STC has been unable to keep up with the competition resulting in a reduction in their organiseforce by 15 percent. In 2002 STC was awarded a contract with the U.S. Army by offering the net cost on signal generators. However, their calculated be were based on old data. Their plan is to cite lateer and more efficient models. Major Problem STCs first major problem was their lack of point on timely goals and their inability to produce low-cost, solid-performance, and high-reliability instruments. Due to the aforementioned, larger manufactures are taking over their division market shares and STCs work force had to be reduced by 15 percent which withal reduces their rate of production. Secondly, the supply department does not have a formal applied science background do their situation worst when comp iled with the fact that there is no cohesion between the engineering department and themselves. For low-cost and efficient production of quality instruments both the expertness of the engineering and supply departments are needed to work collaboratively to witnessher from beginning to end. Lastly, STC should have never made a bid with the U.S. Army based off of old data for material and production costs. Possible Solutions/Alternatives A. The engineering department collaboratively working with the supply department raft reduce costs and improve efficiency. B. Research and an assessment of production should be implemented onward any new project and an assessment should be conducted on why the organizations old methods were not working. C. The engineering department collaboratively working with the supply department while conducting research to produce better results would be the crush alternative. D. The gain of both departments working together would be the result of better effi cient instruments offered at a lower-cost. The disadvantage may be the clashing of egos that one department knows more than the other. The advantage of taking time out to conduct research and do an assessment would be the result of a better understanding of the situation at hand. The disadvantage of this would be biases getting in the way of containing validated facts. Choice and Rationale The best choice would be to start at the bottom level and get the engineering and supply department to engage in their projects together. I would set up a mandate meeting for these departments and listing the advantages of both working together and the great outcome it would produce for the organization as a whole including increased job security. Questions 1. Early supply management involvement can assist in low-cost and timely new product development by using their buying expertise to spot the best quality deal. 2. Supply managements involvement enhances an early supplier involvement progra m by giving first-hand knowledge on their expertise of buying. The potential benefits of this are reducing costs and improving efficiency which creates better job security and a healthier work environment. 3. The division can increase cooperation/communication between the engineering and supply departments by first establishing a meeting and presenting existent data on the benefits of their collaboration which includes increased job security. 4. Standardization will greatly improve the new product development by keeping everyone on the same page which decreases confusion and increases efficiency. 5. More effectual supply management involvement changes engineerings role by adding buying knowledge to their list of skills. 6. The division can help to expand supply management