Ppq Parts

In: Business and Management

Submitted By thereseabennett
Words 645
Pages 3
PPQ Parts
MGMT 415
Unit 3 Assignment

This paper will discuss as outlined purpose for different software packages with extensive research included. These package details will include the pros and cons to provide the appropriate software for the appropriate company.

PPQ Parts Within any business there are tasks to be done and in order to perform these tasks; there is specific software that is needed. There are many software packages and research must be done in order to find the correct software for the company to do particular tasks. A single software may not be right for all business. It is important to know the task at hand and how to get it done, then the decision to choose the best software can be made. A very important operating software system called the Material Requirements Planning (MRP) is a structure that controls the processes of fabrication planning and inventory. This is a system that uses the Master Production Schedule (MPS) to regulate the material requirements and uses a practice of inventory, expected receipts, and bill of materials. There are many benefits of using an MRP system within a business, but there are four main benefits. The four main benefits are better reactions on customer orders, faster reactions on market changes, increase operation of facilities and industry, and decrease in inventory stages (Heizer & Render, 2012). A technique that many businesses practice to govern the obtainable production capacity is the Capacity Requirement Planning (CRP). This technique starts by calculating the agenda of production that the company has intended. It then analyzes the actual fabrication capacity of the company and weighs it against the agenda of the production. This method is used to see if the company can meet the agenda with its current production capacity (Capacity Requirements Planning, 2012). A software…...

Similar Documents


...has to be a very large operation in order to keep up with the needs of all aspects. With the consumer side of Dell being large and also customizable, the way that Dell distributes in this market is very crucial to their success. The customer has the ability to basically build their own computer when selecting a model to purchase. The ability to purchase a base computer model but yet with the specific hardware selected by the consumer is huge. This particular option requires Dell to have their distribution centers and manufacturing plants full of different hard drives, processors, batteries, cameras, screens, towers, CD/DVD players and burners, and audio options (Bhasin, 2012). Dell not only deals with the consumer but also deals in large part with businesses. In doing this Dell has to have the ability to supply these businesses with the product they need. This is easily accomplished by Dell when they offer up a team of business sales people as well as a tech team that can supply these businesses with the technical support they need to run their business the most productive way possible as well as design and recommend all components needed (Bhasin, 2012). Promotions Dell has become such a well known name in the computer industry that it has already established serious brand equity. Dell’s major problem today is that all of the other computer companies are using brand recall methods, like HP. HP has reintroduced itself to computer users by changing its laptop models as......

Words: 1445 - Pages: 6

Ppq Part

...Eyleen G. Rivera MGMT415: Global Operations Management IP Unit 1: PPQ Parts Company October 5, 2012 Issues that the host foreign country could face as a result of the expansion. PPQ Parts is a company in the auto parts industry. When PPQ Parts decides to expand their business to foreign countries, they will have to make many adjustments to be able to enter these different markets. It is important for the company to be aware of any environmental impact that the expansion may play regarding the host country. They could face issues related to landscaping and the use of water where the company operation is going to be located. Also, they might experience some impact on the wildlife from the incursion of new employees in the area. Also, the company unconsciously could cause conflict with the local population with the introduction of new workers and their families. Schools and communities where the company is based may also experience changes from the addition of new people into the population. Also they might experience problems related to the foreign nature of the interaction between the new staff and the current members of the community where PPQ decides to set up the shop to sell their merchandise. All of the above factors and many more need to be the first thing in the mind of the management of PPQ so when the time comes they know how to approach and solve any difficulties before they become overwhelming to the people of the host country. (Global HR News) What......

Words: 1394 - Pages: 6


...limit for obtaining parts ■ Are orders spread throughout the day? If I make my supplier's job easier, I will get better service. ■ Do I respect Renault VI stores' cut-off? Do I get caught out by the amount of work to be done in the afternoon? Guide to good practices in the parts department Explanations and advice ■ Do stores staff know how to give advice and tips on use and "good practice"? Do they mention "traps" that may occur when fitting spare parts? ■ Do they mention installation kits that can simplify the mechanic's job? ■ Do they have the opportunity to meet their colleagues from the workshop to exchange information on the advice customers would like to get? Attention paid to orders ■ Is enough importance attached to listening to the customer? Generally, customer complaints noted in the survey on this point are a matter of customers feeling that they were not listened to. ■ In the event of large or complex orders, do stores staff have sufficient time to check delivered goods in detail before hand-over to the customer? ■ Do staff who are new to the job always have a more experienced member of staff to whom they can turn if a problem arises? Parts availability ■ Are the management procedures for Renault trucks parts stores exhaustively applied? ■ Has the stores manager undergone the relevant training? Meeting delivery times ■ It is preferable to state delivery times that you are sure to be able to meet. If the spare part arrives......

Words: 845 - Pages: 4

Part a

...Part A On page 118 of your textbook is a picture of the sculpture Pietà by Michelangelo. As we have studied, Michelangelo’s Renaissance period returns to the Greeks for inspiration and ideas.   Using 200 – 250 words, answer the following questions. Don’t forget to defend your answer referencing the themes of the Hellenics and Hellenistics as discussed in this module. 1. Is Pietà more of a Hellenic or Hellenistic sculpture or a conglomeration of both Greek periods? 2. Compare this sculpture to David. How are the two sculptures similar and how are they different in intent, subject matter and mastery? Which one do you prefer? Why? Michelangelo’s Pieta is a sculpture of the Virgin Mary holding Christ. This sculpture is more a Hellenistic sculpture then a Hellenics sculpture because this sculpture has emotions and is not of a perfect man. Also the Hellenistic sculpture has emotion in the face, the imperfect person, and has scares. Christ in this sculpture has face hair. The Hellenics are “perfect” sculpture, with perfect proportion, perfect hair, no scares and no emotions on the sculptures face. Hellenics sculptures show movement in their sculpture. The Pieta and the David are different in many ways. David is a classical style, heroic, godlike, and physically perfect. The sculpture of David would be in the Hellenic sculpture period. The Pieta is of the Virgin Mary holding Christ. The Pieta is like Hellenistic it has emotions, Christ has face hair and his......

Words: 741 - Pages: 3

Part a

...LIT 1 Part A SOLE PROPRIETORSHIP: Sole proprietorship is the easiest, fast and most common type of business structure to start. It is business that does not have a difference from the owner and the business. Responsible for all your business’s debts, losses and liabilities can even come after personal property. • LIABILITY: Owner has unlimited liabilities because there is no difference between the owner and the business. • INCOME TAXES: The taxes are taxed just like any other form of income. • LONGEVITY/CONTINUITY: There is no partnership and when owner dies the business die since they are one in the same. However the assets can be sold. • CONTROL: The owner makes all decisions, there is no partnership therefore no one else to have input. • PROFIT RETENTION: The owner is free to do as they please with all profits. No rules or restrictions. • CONVENIENCE/BURDEN: This is the most convenient business to set up. The only cost is the actual products needed to run the business. Licenses or marketing supplies or tools needed. • LOCATION: They are no rules only to follow the laws according the state/area you are operating out of. Licenses or taxes follow the state laws. GENERAL PARTNERSHIP: General partnership is when people join together on a business and share all unlimited liabilities. Partnership can be done verbally or in a special agreement written out as an article of partnership, which can lay out all the details of the partnership.......

Words: 2173 - Pages: 9

Part a

...crime described. In some instances this is not always the case. As technology becomes more advanced and readily available in today’s society so isn’t the rate of cyber crimes and how they have increased. A cyber crime could be defined as a crime using the technology, usually over the internet and other technological devices. It is important that our generation and then future generations understand what is happening in today’s society. There has been a growing trend that probably started up a few years ago. “Sexting” is the form of texting for the young teenager generation to show them self in the most unwanted manner. The evidence of sexting could get you very serious trouble and then you could be facing like long threatening outcomes as a part of it. The purpose of the article “sexting” found in the Federal Bureau of Investigation Bulletin is to show the risky actions and overreactions if you get caught (Bowker and Sullvian 1). The authors of this article take an approach in multiple areas of this article. It gives the consequences pending what actually happens and then the horrific stories and why you should not do it in the first place (1). The evidence approach to this article can be interpreted as so. There are two ways that the evidence of sexting can be seen (Bowker and Sullivan 1). The first one says that illegal images of child pornography such as a text of a nude underage person can be placed under the law of the federal child pornographic statue (1). Even......

Words: 1148 - Pages: 5

Ppq Parts

...to take risks, based on the fluctuating rates. Also suppleness in corporate spending, inflation or deflation, or the global recession could affect demand which could negatively influence investments and profit margins. PPQ Parts would need to examine the economic issues directly concerning their company and have strategies in place to thwart off any economic factors which could directly affect their organization (Smith & Doyle, 2002). Political Factors - Political fluctuations can have an adverse influence on PPQ Parts. Political instability among singular markets can be very demanding. Managing federal, state and local legislation while running internationally dispersed personnel could pose to be a threat to PPQ Parts. Furthermore terrorist attacks and political volatility would also negatively influence investments and profit margins. PPQ Parts is also subject to at home and at broad competition, piracy, laws and regulations. Again, PPQ Parts would need to have strategies in place to deal with the management of political factors; in addition, they would need a crisis management team in place in the event of political volatility or terrorist attacks (Smith & Doyle, 2002). 6. Explain the importance of and the implications of each of these items in PPQ Parts' expansion plans to Germany and Japan. The greatest significance of going global with expansion in Germany and Japan, is with competitive advantage which they can ascertain through: economies of scale, first-mover......

Words: 1353 - Pages: 6


...management prior to budgeting, but individual limits should be determined with the input of managers. 16–12 Concluded d. Arbitrary allocation of the approved budget defeats the purpose of a participative budgeting process. Recommendation: The department managers should be involved in the reallocation of the approved budget. e. The division manager holds back a specified percentage of each department’s appropriation for discretionary use. Recommendation: Contingency funds should not be part of a departmental budget. These funds should be identified and provided for before the allocation process to departments. f. Exception reporting and evaluation based on performance must be accompanied by rewards. Recommendation: Recognition should be given to those attaining budget goals, not just exceptions. 1 16–13 1. a. The new budget system allows the managers to focus on those areas that need attention. Dividing the annual budget into 12 equal parts allows the managers to take corrective action before the error is compounded (frequent feedback is provided). Also, the company has segregated costs into fixed and variable components, an essential step for good control. A major weakness of the budget is the failure to properly define responsibility. Because of this, supervisors are being held accountable for areas over which they have no control. b. The performance report should emphasize those items over which the manager has control. The......

Words: 6865 - Pages: 28

Fa Ppq

...Discounts for quicker payment may have caused this, as could lower sale prices to win more orders. (ii) Net profit percentage has reduced significantly. Increased wages and bonuses, or writing off obsolete stock may have caused this. (iii) Stock has more than doubled (has obsolete stock been written off?) (iv) Although sales have nearly doubled the increase is only 37.5%. (v) Surplus cash from year 1 has been used and bank borrowing has increased significantly. (vi) Creditors have more than doubled (157%) but turnover has only increased by 83%. Credit periods have extended and problems could arise if they have not been negotiated. (vii) Whilst fixed assets have increased, it may not be symptomatic of the increased trade. The expenditure may be part of a planned cycle and indeed if the assets are more productive they will benefit the increased business volumes. It is unwise to increase capital expenditure from short time finance such as trade credit and bank overdrafts. (viii) The positive current and quick asset ratios have worsened indicating a worsening of the short term financing position. Year 1 £ 180,000 ––––––– Year 2 £ 306,000 ––––––– (b) (c) Total assets Financed by: – Capital – Creditors – Overdraft – – – – – % % 96,000 53.3 99,000 32.4 56,000 31.1 144,000 47.1 28,000 15.6 63,000 20.5 ––––––– ––––––– 180,000 306,000 faster debt collection, although too much pressure may lose customers. more efficient stock holding. slower payment to creditors but there are......

Words: 6647 - Pages: 27

Parts of the Brain

...The human brain is a specialized organ that is ultimately responsible for all thought and movement that the body produces. This allows humans to interact with their environment by communicating with others and interacting with inanimate objects near their positions. If the brain is not functioning properly, the ability to move, generate accurate sensory information or speak and understand language can be damaged as well. The human brain is interconnected however, three major components an be identified; the cerebrum, the cerebellum, and the brain stem. Parts of the brain: Cerebrum: the cerebrum, also known as the forebrain, is the largest portion of the brain, making up 75% of the brain by volume and 85% by weight, and it contains tools responsible for most of the brains function. It is divided into four sections: the temporal lobe, the occipital lobe, parietal lobe, and the frontal lobe. The cerebrum is further divided into a right and left hemisphere. • Frontal Lobe: the frontal lobe is one of the four lobes in the cerebral hemisphere. This lobe controls several elements including creative thought, problem solving, intellect, judgment, behavior, attention, abstract thinking, physical reactions, muscle movements, coordinated movements, smell, and personality. • Parietal Lobe: the parietal lobe is located in the cerebral hemisphere, which focuses on comprehension. Visual functions, language, reading, internal stimuli, tactile sensation, and sensory comprehension are......

Words: 718 - Pages: 3

Ppq Parts Stategic

...PPQ PARTS EXPANSION INTO A GLOBAL MARKET PPQ Parts Expansion into a Global Market Mildred Denise Johnston American Intercontinental University Global Operations Management Unit 2 Individual Project Professor: Clifford Butler Abstract You have held conversations with Precision Part's leaders and obtained the following information, which you want to use in the development of a 4-year strategic management plan. •PPQ Parts employees now number 5,000, and all are currently employed in the United States. It plans to grow to 10,000 employees in 4 years. •New facilities will be needed in international expansion, and PPQ Parts anticipates building most of those (80%) outside the United States. PPQ Parts holds 5% of the world market share on small SUVs, but its goal is 9% in 4 years. •Current stock price is $10 per share. The goal is $22 a share. Profit margin 3-year average is 6%. Industry average during this time has also been 6%. The company goal is 13% in 4 years. •PPQ Parts has averaged 28% employee turnover during the last 3 years. This is compared to an industry average of 25%. The company’s goal is to increase employee retention by lowering annual turnover to 17%. •PPQ Parts contributes to all the local communities in which it is doing business. This is one of its corporate values. Current charity is 0.5% of total profits, but the company would like to raise that to 5% in 4 years. Assignment A strategic management plan is vital for the company......

Words: 416 - Pages: 2

Parts of Essay

...Parts of an Essay [pic]Essays, like sandwiches or burgers, are divided into different parts. These parts are the: ▪ Introduction ▪ Body ▪ Conclusion The Introduction The introduction opens the essay. It is a short paragraph – usually about THREE sentences. In an argument essay, it usually describes or summarizes both sides of the present situation and says what you are going to do in your essay. Read more about Introductions here. The Body The Body is the main part of the essay. In an argument essay, it is divided into two or three paragraphs, giving your opinion and reasons. Each paragraph in the body is between FIVE and SEVEN sentences long. Read more about the Body of the essay here. Conclusion The Conclusion is the end of the essay. It is a short paragraph – about THREE sentences. It often has the same idea as the Introduction, only in different words. Some people think of the essay as a sandwich. The Introduction and Conclusion are the bread, and the Body is the filling in the center. If the introduction looks good, people will carry on to the body. Hopefully, the conclusion will leave them with a nice taste in their mouth… | | |There are three main parts of an essay paper. | |  ...

Words: 363 - Pages: 2

Ppq Parts

...module. Some of these features include: • Master Production Scheduling • Material Requirements Planning • Advanced Product Definition Management • Unlimited number of MRP planning periods • Multiple-level Bills of Material (unlimited) • Purchasing • Vendor Analysis • Production Order Control • Production Schedule Control • Detail labor report / transactions • Engineering Change Management • Multiple inventory bin locations • Lot and serial number tracking • Cycle Counting • Bar coding interface • Credit Card Processing • Project Accounting • Job Accounting Management Reports • Human resources features • 401(k) and Cafeteria Plan features With everything this software package offers, this would be of great benefit for PPQ Parts. This package includes all the software systems we currently use and even some systems we could implement. The Mosiac M21 system can help our company increase our efficiency, lower cost, optimize resources, and control product cost and quality (Mosaic Data Solutions). References Capacity Requirements Planning. Retrieved on June 20, 2012, from http://www.investopedia.com/terms/c/capacity-requirements-planning.asp#ixzz1ylD6K8vy Enterprise Resource Planning. Retrieved on June 21, 2012, from http://www.csbdu.in/pdf/Enterprise_Resource_Planning.pdf Heizer, J. (2012). Operations Management 10th Ed. New Jersey: Prentis Hall. Mosaic Data Solutions. Retrieved on June 21, 2012, from......

Words: 689 - Pages: 3

Snvironmental Scanning Ppq Parts

...Abstract PPQ Parts wants to develop a 4 year strategic management plan for taking their business internationally and meeting certain goals. This paper will discuss the goals of the company. It will also discuss the environmental scanning of current conditions in the economy, competition, and political stability, as well as address internal resource analysis. It will discuss the long- and short-term strategic goals, and the location considerations. Environmental Scanning Introduction “The careful monitoring of an organization’s internal and external environments for detecting early signs of opportunities and threats that may influence its current and future plans” is called environmental scanning (Environmental Scanning, 2012). PPQ Parts plans to expand their company globally to Germany and Japan. The environmental scan of these two countries will include the economy, competition, and political stability of those two countries. The company has to consider factors such as managerial and financial strengths and weaknesses as well as long term and short term goals for the company. The location for the global implementation is vital and should include benefits and limitations for the expansion. The Economy Germany’s economy was beating the recession that began across the world in 2009, its unemployment rates were down and GDP was up, that was until recent trends that have predicted that the recession will catch up to them. Germany is still in better shape than its......

Words: 1311 - Pages: 6

Ppq Parts Global Operations Management

...contract needs to be composed and agreed upon by both PPQ and the service company. The second to consider is commercial presence, which simply means services that are supplied through the commercial presence of a foreign territory such as branch office opening after PPQ gets a good foothold on the current market. The third point to make is work force, will those people be coming from the local workforce or will PPQ be supplying the work force needed to run the startup company and/or any future companies open in that foreign country. Despite the best-laid plans, there will be some events that need to be taken care of on the spot. Those situations cannot be avoided just dealt with when they happen. Building a company in a foreign country can be exciting and rewarding. Long-term relationships will ensure the good reputation in that country for your business, PPQ. Laying plans ahead to cover once PPQ has established their market in the foreign country and financial statements show growth and profit. Building an alliance with your foreign partners or companies that supply goods is a healthy way to further your contacts and business in that country. In addition, looking at the growth of the company in that foreign country is it really an organic growth factor or is it heavily stimulated by the parent company? In planning the move to the foreign country the gain in the parent company, PPQ, is it limited by regulations of the country to which PPQ is moving? Some restrictions that......

Words: 1280 - Pages: 6

LEGO Mindstorms Masterpieces: Building Advanced Robots | Watch Episodes | The Flash 2014 S04E15 720p HDTV x264-AVS [eztv]