ipl-logo

Operational Sustainability In Nissan

1170 Words5 Pages

Business operational sustainability is a method used to evaluate businesses and their ability to continue using existing practices without putting the business and its resources at risk. Sustainability in simpler terms is being able to get something completed without compromising the ability to get it done in the future. There are three theories when it comes to sustainability and they all can relate to Nissan and their sustainability as a company. The three theories are the just-in-time theory, the Toyota production theory and the lean concept. The just-in-time (JIT) inventory management is the process of ordering and receiving inventory for production and customer sales only as it is needed and not before. This means that the company does …show more content…

The lean concept is all about making improvements. It can be used when needing to improve the efficiency and effectiveness of process performance. After the tsunami hit Japan, Nissan needed all the help it could get. One of the major concepts Nissan needed to fix was their efficiency. They no longer had the resources or manpower to produce the amount of vehicles they were before the disaster hit. The Lean methodology can be used nowadays for more than just the manufacturing industry. It can be used in any business at all. I am completing my degree in Health Care Administration and we can use this concept to maximize value for our patients. The key to any business is to always be making improvements. When a business gets comfortable and settles for mediocre is when it can start going …show more content…

One successful story of Nissan and the theories is when they used the JIT theory after the tsunami in Japan in 2011.
Schmitd’s (2013) study found the following:
“Complementing focus on flexibility, Nissan maintained a simplified product line compared to its competitors. The company adopted a build-to-stock strategy for just a few SKUs in each model and a build-to-order strategy for the rest. Management believed that this strategy had not only helped it to simplify its operations and product offerings, but it actually contributed to a significant increase in sales. Another example is when Nissan used the Lean Concept. Nissan slowed down their production of cars. They had completed research to find out what the consumers were demanding and what they were having trouble selling. Through this research they were able to cut down production on vehicles that were not the best sellers. By Nissan only producing what was necessary resulted in many positive

Show More
Related
776 Words | 4 Pages

A company can use lean thinking to increase product quality, improve decision-making, and enhance profitability. The last principle of lean thinking is perfection, this means continuous improvement, and focuses on value-added activities and eliminates waste. Rider Softball can use lean thinking to strive for perfection, and continue to improve the program. Five recommendations have been provided for the Rider Softball program. The first recommendation for Rider Softball to use lean initiatives is cost reduction, by getting a team sponsorship.

Read More
1671 Words | 7 Pages

To begin with, the lean methodology is one that is applicable to all industries, regardless of the present systems and approaches towards management (Tsironis & Psychogios, 2016). Therefore, the major decision is to proceed with the implementation of the lean and other improvement processes, even though it should take different approaches. When considering the challenges noted, most of them emerge from the reactions and actions of the

Read More
965 Words | 4 Pages

Introduction Homer Stryker, an orthopedic surgeon, founded Stryker Corporation after World War II. Stryker Corporation was established to create new medical tools and improved medical procedures for patients to help them heal faster and more efficiently. In order to sustain their twenty percent rate of return, and to generate continuous growth and innovation, Stryker relies heavily on acquisitions. One of Stryker’s more notable and largest acquisitions was Howmedica worth $1.65 billion. Large acquisitions can be risky, so we will access Stryker Corporations industry factors and explain why their detailed capital expenditure process works.

Read More
557 Words | 3 Pages

In October 2000, Mississippi Development Authority contracted the Institute of Higher Learning to conduct an impact study for the Nissan Project. The Authority wanted to make assessment whether the project will generate substantial economic and fiscal benefits that will outweigh its costs. The findings of the study were meant to serve as blue print in estimating financial incentives. And attract the attention and approval of state legislators. This process is prevalent in most traditional economic development recruitment process.

Read More
1902 Words | 8 Pages

Sustainable Design Sustainable, or environmentally conscious, design is a design philosophy that promotes strategic business decisions that will reduce the negative impacts each phase of the design process has on the environment. Sustainable design aims to reduce an organisation’s consumption of non-renewable resources, reduce waste in the production process, and create a healthy and productive working environment. A business can implement a sustainable design policy be optimising site potential and performance, using alternative sources of energy and environmentally friendly products, protecting and conserving water as much as possible, and optimising maintenance policies to reduce waste in the production process. (GSA, 2016)

Read More
1420 Words | 6 Pages

Lean Manufacturing Pros Lean manufacturing aims to eliminate most if not all forms of waste. Many experts claim that by implementing lean manufacturing techniques and strategies reduce the manufacturing time. As manufacturing lead time is lowered, it is the hope that the operational costs incurred from the use of energy will also be significantly reduced. Lean manufacturing helps companies maintain and increase their profits and earning. It also helps them generate a little more savings as the costs are lower.

Read More
623 Words | 3 Pages

8. What is an example of a Chief Sustainability Officer position with the Federal government? According to the Office of the Federal Environmental Executive website, in 2014 Kate E. Brandt was appointed as the White House Administration 's first Federal Chief Sustainability Officer. “She is responsible for promoting environmental and energy sustainability across Federal Government operations including 360,000 buildings, 650,000 vehicles, and $445 billion annually in purchased goods and services.”

Read More
2384 Words | 10 Pages

Marketing Management Project PROJECT OUTLINE: Choose one company which has a turnaround in the past and one company which failed in the past. Discuss each company’s marketing strategy and reasons for their success or failure. Marketing Strategy Failure: Gap Inc. How Gap turned into Crap! What went wrong?

Read More
723 Words | 3 Pages

• The application of Innovative ways depends on company’s approach towards Creativity. • Applying new changes may Delay the Time to market of the product. Appendix • BMW

Read More
875 Words | 4 Pages

INTRODUCING BOSE CORPORATION • Bose corporation is a producer of audio premium speaker used in automobiles, commercial broadcasting and individual consumers. • It headquarters is in Framingham, Massachusetts and plants in Michigan, Canada, Mexico and Ireland • Bose corporation has suppliers both locally and across the shore. Foreign materials account for 20% of materials used and rest internally within the state of Michigan.

Read More
715 Words | 3 Pages

Corporate Social Responsibility (CSR) relates to the actions of an organization and the effects on the environment and social wellbeing. It is about the way that the company assesses its actions and takes responsibility for this. (Investopedia, n.d.) CSR is a management concept whereby companies integrate social and environmental issues in their business operations and interactions with stakeholders . The company aims to achieve a balance of economic, environmental and social objectives, while also listening to the needs of stakeholders.

Read More
724 Words | 3 Pages

This new system is often referred to as the "flexible system of production" (FSP) or the "Japanese management system” (Mansfield; 1992).flexibility have been the dominant language of organization and economic change. “Flexibility within the market and between networks is facilitated by new forms of supplier relationships. This has been associated with the Japanese, derived just in time (JIT) system. This depends on a set of relations between large corporations and suppliers normally characterized by tightly controlled multiple sources through layers of subcontractors. In this system it

Read More
1313 Words | 6 Pages

Sustainability can be defined as business practices that both meet the needs of the present and don’t compromise meeting the needs of the future. Environmental sustainability involves deliberate actions that protect the environment, provide longevity of natural resources, maintain ecological support for the future, as well as guard against the endangerment of the planet. Sustainability and the Triple Bottom Line Frog’s Leap Winery has made every effort in its daily activities and operations to tackle sustainability and the triple bottom line of measuring their

Read More
1506 Words | 7 Pages

An organization that has a team or horizontal style of work structure and management is called as contemporary organization. Instead of a strict hierarchy, the power is spread out to the whole team in the contemporary organization. It is a more responsive and flexible. Traditional organization is changed to the contemporary organization of business. The traditional organization style concentrated on a pyramid order, with supervisors and managers controlling all components of the representatives beneath them, including interpersonal connections, ventures and disciplinary activities.

Read More
1486 Words | 6 Pages

Operation management is a crucial tool which help organization to achieve its objectives. This is required for limited period of time and finances to fulfill the objectives. Benefits of safe, timely, cost effective, high quality and law abiding production Safe production is important for sustaining the skilled workforce. This gives them the peace of mind and make the most of their abilities to contribute towards the prosperity of the company.

Read More

More about Operational Sustainability In Nissan

Related Topics

Open Document