Tuesday, February 18, 2020

Applying Lean To E-Commerce Business Essay Example | Topics and Well Written Essays - 500 words

Applying Lean To E-Commerce Business - Essay Example The typical example of such well-known e-commerce business with production problem is Disney Shop.Disney Store uses e-commerce as a mainstream approach to the sale of the variety of products through online stores. Users of the online store login, create the account, select preferred items, go through a payment system, and have the products shipped to them within an identified time. Financial records from the business, however, shows production related problems whereby the companies are recording increases in revenues but still have declining profits (Disney Stores, 2014). Hines (2008) noted that a typical cause of such a situation is the high level of waste in the production system, reducing the productivity and efficiency levels of the company significantly. With such reduced productivity and efficiency, the company will be making more revenue but due to high expenditure, the income does not balance the expenditure and so there are losses. The overall aim of lean thinking is to ensure that there are high benefit and value from production through the elimination of waste (Womack, Jones & Ross, 1990). The reason lean is seen as useful in solving the problem is that it will ensure that all forms of waste that have created unwarranted expenditure will be done away with. In any typical organization such as Disney Store, when lean is adopted, there are seven major types of wastes that are targeted for elimination. These include production defects, overproduction, unnecessary transportation, long waiting, unnecessary inventory, unnecessary motion, and over-processing (Hines, 2008). For most companies, once these forms of wastes are available, they would be seen to be making a lot of sales but in reality, they lack profitability. The reason for lacking profitability is because the wastes bring about the huge cost of production that consumes the sales.

Monday, February 3, 2020

ASSIGNMENT Example | Topics and Well Written Essays - 750 words

Assignment Example Power can be divided into five categories. The types of power may therefore include reward power, coercive power, legitimate power, expert power and referent power. The proportions of the powers can differ in managers depending on aspects such as experience, age, expertise, skills among others. Therefore, although Bill Thompson might possess all the types of the powers, their proportion greatly differs. For instance, Yukl points out that even though the base salaries of the employees are set by the company, Bill can play a major role in influencing the â€Å"size of an employee’s annual merit rise† (521). Bill therefore possesses high amount of reward power, since he can influence the performance of employees by increasing their annual merit rise. In addition, Bill also possesses legitimate power. Bill has the ability to decide on whether to suspend or fire the employees who are performing poorly in the organization. However, he needs the approval of the regional manager to do so. This therefore implies that Bill does not possess full legitimate power since the decision to suspend and fire employees is also dependent on another person. Comparatively, Bill also has high levels of expert power. The decisions concerning the store arrangement and price assortment are determined by the headquarters office (Yukl 521), however, Bill can exercise his expertise to influence or affect the store performance to a limited extend. This implies that Bill’s expertise power is limited to his area of work. Managers could employ the use of many different tactics to influence their employees. How a manager relates with the employees could be an important factor on the success or failure of an organization. Managers can use strategies such as constructive feedback, behavior molding, and reviewing performance, among others to influence the performance of employees. Bill