ipl-logo

Custom Molds Inc Case Summary

1526 Words7 Pages

Background Custom Molds, Inc. is a fabricator of custom-designed molds that are used in injection molding machines to make plastic parts. One of their major customers comes from the Electronics industry where large volumes of plastic connectors are used and sold. Recently, there has been a shift in its market as the total demand for molds has declined, but the good thing is the requests for molded parts have increased. To expand their operations, Custom Molds, Inc. is going to include the manufacture of plastic parts. Objectives Custom Molds, Inc. has two completely different processes happening within their facilities one being mold fabrication and the other being parts manufacturing. Both processes offer different pros and cons to the company …show more content…

Custom Molds competitive priorities pertain to producing high quality molds and parts that meet exact specifications. Although they have been great at this for decades, another priority has been giving them difficulty recently. Changes in the industry have led to electronic manufacturers developing partnerships with parts suppliers in order to ensure timely delivery of high quality, cost-effective parts. This coincides with the increase of larger order sizes, but a decline in overall orders. These factors culminate to cause a problem for Custom Molds. Even though there are less orders for plastic parts, the larger order sizes mean that Custom Molds has to produce more than they are accustomed to. When they first started producing parts, they only made them in limited quantities for research and development efforts. Coinciding with the industry trend, they have basically been forced into making more parts to still be an asset to electronics manufacturers. This added workload has been stressing the company and causing problems with delivery times. Delivery times are another competitive priority for Custom Molds due to the industry they are in. The other changes in the industry have effectively hampered their ability to maintain good delivery times, leaving them at a

Show More
Related

Mark Miller Case Summary

452 Words | 2 Pages

Prosecutors and defense attorneys spent most of last Thursday morning in chambers with the judge regarding motions in the Mark Miller case. In some brief remarks in open court following the meeting, it appeared the case of the well-known Jasper attorney accused of taking as much as $2 million from clients will be heading to trial within the month unless a plea deal is reached. Senior Judge Richard Winegarden, who has handled all hearings in this case since Miller was arrested in June, granted a request by the prosecution to delay the trial from its original March 6 opening but made it plain he intends for it to start some time in March. Winegarden was assigned the case after all local judges recused themselves.

Read More

Mkt 421 Week 3 Assignment

932 Words | 4 Pages

Shipments may become damaged or lost making the wait time longer. If the product was somehow damaged during the shipping process you might have to pay extra to send it back and again wait longer for another

Read More

Snc Lavalin Essay

851 Words | 4 Pages

Product and Packaging - SNC Lavalin firm is a market oriented business where their whole focus is on providing customized solutions to their clients. When they make preliminary presentations to their clients they completely have an in-depth understanding of their customer’s requirements. It provides clients with solutions primarily for pharmaceutical, biotechnology and life science sectors. The product range is vast it starts from process architecture, process engineering, project management, procurement, validation and compliance and ends with construction management. Looking at the rate at which the services are accepted by the customers, process architecture and process management are high in demand whereas design visualization, validation and compliance, procurement and process automation are services that require modification so as to increase its demand and

Read More

Complainant's Case Summary

492 Words | 2 Pages

Complainant alleges that he was subjected to different terms and conditions because of his race when Respondent refused to reinstate him as Battalion Chief and allow him to drive. Respondent asserts that Complainant is still undergoing medical treatment for a partially detached retina and had not reached his maximum medical improvement with his left eye. Respondent also asserts that Complainant can perform firefighter/EMT “emergency medical technician” activities with the exception of emergency response driving, which is an essential function of the position of a Battalion Chief/EMT in the Bureau of Operations. The investigation uncovered that Complainant, as of June 2015, was still undergoing treatment for his partially detached retina.

Read More

Brian Martin Case Brief

603 Words | 3 Pages

The plaintiff, Brian Martin was attending a high school graduation party on July 9, 2000, hosted by Lee Martin to celebrate his daughter’s graduation. While at the party, Brian Martin was attacked with a baseball bat by Chijoke Okere. As the night went on, there were about 70 people present. Although most of the guests were between the ages of seventeen and twenty, there were two kegs as well as other alcohol brought by guests. Martin admits he did have about six beers from the keg that night.

Read More

Mgmt 420 Product Layout

790 Words | 4 Pages

Module 4 Report Aaron Shepard Embry-Riddle Aeronautical University MGMT 420 February 3, 2018 Product layout “is an arrangement based on the sequence of operations that is performed during the manufacturing of a good or delivery of a service” (Collier & Evans, 2014). This can be seen as a step within the process which permits for cyclic assembly of highly standardized products. This manufacturing style uses machines and equipment along an assembly line to accomplish a specific step at each stop along the assembly process. An industry product layout can easily transfer small batches of semi-finished products directly to the next workstation in a product line to make a complete product from many sub-assemblies.

Read More

Medex Case Analysis Paper

588 Words | 3 Pages

In my opinion, there is a need for MedEx to strike a balance between telecommuting and working from the organizational offices. From the above analysis, telecommuting presents both advantages and disadvantages to the organization. It is therefore essential for the organization to strike an important balance between working from home and working from the organizational offices. The company should develop a strategy that enhances flexibility regarding work among its employees (Raffaele & Connell, 2016). To strike this balance, the company should develop a flex form of work structure requiring employees to spend at least two working days a week in the office.

Read More

Discussion Board 1 Key Concept Analysis

1548 Words | 7 Pages

Customization of Products or Services Discussion Board 1 Initial Thread James Tompkins Liberty University Key Concept Explanation Customization in industry is simply the offering of a product or service suited exactly to the customer’s desires, needs, or specifications. While this sounds as simple as “give the customer what they want,” a myriad of issues in flexibility, ability, adaptability, transparency, and profitability exist that can dilute the attraction to customization by a firm. Companies are discovering that they can elevate customer loyalty and engagement by utilizing customization to boost sales and gain market share by fulfilling the customer’s desire (Spaulding & Perry, 2013). In general, customers who buy customized

Read More

Problem Is Ridiculous And Gadget Makers Aren T Helping Summary

558 Words | 3 Pages

All manufacturers need to work with each other and the pattern of gadget manufacturing needs to become a circular to ensure that environment doesn’t always run inti wall- E-

Read More

Heritage Medical Company Case Summary

484 Words | 2 Pages

The company’s ROE is 22.47% compared to the industry average of 18.06%. This is saying that the company uses investments to generate wealth more than the industry. The company is more profitable in relation to shareholders’ equity and has more leverage. However, this is due to a higher amount of debt, which therefore results in a higher amount of equity. The Heritage Medical Supply Company in general is similar to the industry in terms of liquidity ratios, one of the most noteworthy differences is that Heritage has a slightly longer cash conversion cycle, meaning they are less aggressive with cash collection.

Read More

Cree Inc Case Summary

1230 Words | 5 Pages

Cree Inc. believed that LEDs have a potential to be the main lighting application market and made technological improvements in cutting production cost and increased brightness of LEDs. They had a disappointing financial results in 2007 due to market saturations and customers such as contractors, home residents, real estate developers and many more still prefer to use other types of light bulbs as it is cheaper for short-term period. Cree is very experienced with LEDs Research and Developments(R&D), has future growth potential yet it seemed the brand awareness is very low. They have opportunities they can seize with an very positive forecast for LED market size but they have so many competitors that it will be hard to be the main player in LEDs (2009:

Read More

Caltron Computers Inc Case Summary

738 Words | 3 Pages

Caltron Computers, Inc. is a publicly held company with a total market capitalization in excess of $450 million. Caltron main revenue consists of manufacturing minicomputer systems that are designed to achieve the power of a mainframe at a fraction of the cost of their competitors prices. The corporation uses revenue recognition to report their income and expenses. However an issue was detected during an financial audit by Peale, Gower & Quill. Revenue is a very crucial aspect to users of financial statements in assessing a corporations true financial performance and financial situation.

Read More

D & M Printed Creations Paper

422 Words | 2 Pages

services streamline 3D architect services process for the client. They allow businesses and patrons to outsource a large part of their business, allowing businesses and patrons to concentrate on their core competencies and not get distracted with activities that add little value. D&M Printed Creations, LLC. will reduce capital expenditures of a company and patrons that uses their services, increase customer service of the businesses, increase sales opportunities, increase revenues. Customers will benefit by having a convenient, easy way to mold and tactile print as well as the ability to track their

Read More

Should American Companies Treat Foreign Workers Just Like American Workers?

945 Words | 4 Pages

This is especially true when the company’s customer base demands better factory conditions. In a sense the condition of its factories is just as important to the consumer as the look of the

Read More

Boeing Requirements

916 Words | 4 Pages

• Managed procedures for product development, supplier validation, manufacturing process, specification control, product implementation, talent resources/requirements and continuous improvements. • Verified specifications/internal compliance and external supplier certification by creating APQP standards, ISO Audits, SOP’s, QAP-QMS, ESD Standards, 5S, KPI, Lean & CI Concepts, JIT, ERP, Inventory Management Activities, CAR - CAPA, NCR, FMEA, ECR - ECN, DOE, APQP, PPAP, MRBM, Manufacturing/Engineering & Quality Control Reports for various existing and new projects thus decreasing cost, waste, downtime and improving assembly efficiency and customer satisfaction. • Managed and mentored up to 25 Assembly and Quality Control Technicians through empowerment and self-directive activities promoting employee involvement within all departments. • Created and Launched FAI, Inline Inspection, RMA procedures, Field Instructions and Manuals as well as supervise plant-wide calibration thus Reducing Rework, Production Time and Field Response up to

Read More

More about Custom Molds Inc Case Summary

Open Document