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Newell Rubbermaid And Denso Manufacturing Case Study

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Newell Rubbermaid and Denso Manufacturing
Newell Rubbermaid and Denso Manufacturing have two sites local to my home town of Maryville, Tennessee. Newell Rubbermaid produces Sharpie and other similar brand markers for this specific location. They make thousands of products that are shipped out all over the world. Denso Manufacturing producing car parts of all types at the massive location here in Maryville, Tennessee.
Inventories and Their Characteristics
Inventory is any asset held for future use or sale (Collier/Evans p.251). Inventory at Newell Rubbermaid consists of many different plastics, molds, inks, and various other ingredients and equipment to make them successful. The characteristics of Newell Rubbermaid manufacturing inputs include raw materials such as the plastics and inks that goes into the marker and the molds and dies that make the casings for the markers. There are many more subassembly parts that goes into these different styles of markers, but these are not the only inventories that matter. From raw …show more content…

The eight performance measures can be related to inventory; financial, customer and market, quality, time, flexibility, innovation and learning, productivity and operational efficiency, and sustainability (Collier/Evens p50). Using an instrument panel as an example will have a set cost-of-goods sold, if this number changes, it would have a financial impact on company performance. In the same way, if there is a quality or time issue in manufacturing, the product will not meet customer satisfaction. When there is a change in product, as stated earlier, inventory is impacted. Production changes need to have flexibility to change the process to fit the new product as well as the volume of other products to ensure the storage capacity does not overflow. During changeovers like this, employees will need to learn the new process or schematic of the instrument panel safely and

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