Darden Business Publishing Lean Bussiness Case Studies
Problem Statement
The problem face by the Steve Momper director of the Darden business publishing was uncompleted operations of working process inventory which needs the improvements and for the future growth of the business also required capacity enlargement.
Case Background
Darden business publishing organized the case studies related to business which they used in classrooms of Darden as well as they expand these case studies worldwide through their distributor channels and online platforms. (Elliott Weiss, May 20, 2013)The business cases prepared by the university apply to MBA programmed, and these cases have the guidelines of leadership, which are also used by faculty and researchers of the Darden University. The director of the university of Darden publishing was Steve Momper. In the initial year, the Darden business publishing grows promptly and the university never needs to re-evaluate the process for measuring effectiveness. The university applies most of the time FIFO approach for case studies means first in first out approach in which the case studies which come earlier they sold also earlier. But after some time, the case studies were sold in random process, not following any proper channel. This thing makes the employees frustrated and the efficiency of their work reduce. The director of the DBP was expectant but not even sure how to use the principles of the Consumer Pricing Index for increasing the effectiveness. For improving the situation, Momper make a plan of arranging the workshops for the week in which they analyze the group exercises. In these workshops, the main aim of the director is to find the worth of our products, who want to purchase our cases and course of action we should take to make permanent value forthe market.
Recommendations
After analyzing the key problem from the case of Darden Business Publishing, few recommendations are given below for eliminating this problem.
- Perform the product holder role serious
The director must place a person on the backlog of working inventory, which is serious towards his job and constantly review the working inventory and that person takes a decision of inventory and has the authority to make any change which increases the effectiveness of finished goods.
- Take the decision that how to manage the backlog
The director must decide and involve a particular team for managing the backlog and also guide the whole team to reduce the wastage by increasing the value. The whole team must follow a single vision which surely generates the profitable output. The director must be proactive about the changes gains in the production and distribution, which reduce the risk of backlog.
For future growth of business, the expansion of capacity is important. For expanding the capacity in the future, the following points are recommended for the director of DBP to overcome this problem.
- Capacity planning for expanding the capacity of production
The best strategy for Darden Business Publishing to overcome the problem of capacity is capacity planning, which has 3 segments of planning. Product capacity, workforce capacity and took capacity planning. In our case, the Director wants to expand the capacity of products for future growth. In this planning, the prime step is to check the resources of the company that how much stock the publishing sector has for expanding the capacity. The director must understand the future limitations on the process of production
The capacity of planning has 3 steps. Measure, Analyze and plan.
- Measure: The first step is to measure the capacity of resources and raw material for increasing the capacity in the publishing sector of the Darden business. The director of the DBP measure all the financial health and take decision accordingly
- Analyze: After the measuring of resources now director analyze should we spend these resources for expanding the capacity. What are the pros and cons from this decision arise
- Formulate: Now the last step is formulation of plan from the information gather from measurement and analysis. In this step, the director clearly understands the outcomes and other options which help in taking decision
Reason for Recommendations
The recommendations are very helpful for the Director of Darden Business Publishing because he is facing the problem of the backlog of working inventory and wants to expand the capacity of production for future development. These all recommendations are oriented towards the betterment of university and for increasing the effectiveness of business. How to manage the backlog of inventory and expand the capacity are well defined in recommendations part and the most important thing is all the recommendations are attainable for the director. The recommendations are all directed towards advantages of the DBP all the steps are very clear to follow for implementing these recommendations.
I recommended the director must implement the recommendation of managing the backlog initially by making a plan with the production team and then works on expanding of capacity by following the steps of capacity planning which not only increase the worth of DBP but also solve the key problems face by the director in the current situation....
Darden Business Publishing Lean Bussiness Case Studies
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