choose an article featured on the websiteWall Street Journal
choose an article featured on the website(Wall Street Journal, Businessweek, Fortune or Reuters Business News Headlines) that relates to two of the key concepts listed here:
operations management - demand - quality - lean manufacturing - information systems
Then explain in 5-7 sentences why the article you have selected relates to the concepts you chose
include the link to the online article referenced in your post.
Solution
The article titled \" Lean manufacturing transforms Wisconsin maker of U.S. Navy warships\" describes how a Wisconsin shipyard where Italy’s Fincantieri SpA manufactured warships, was converted into an state of art facilty through investment, dedication and hard work. It describes the perseverance of Jan Allman, the President of the company, who strives for cutting the costs, continuously improving the systems and establishing standard operating procedures for the work. Though criticized for her frugal approach initailly, she was able to bring down the costs with sustained performance measures of the products, and winning new lucrative orders. She continued to cut the costs by communicating across the organization and energizing the workforce, and was able to bring the rework levels to half of the initial levels, enhancing the quality dramatically. The changes made in the facility to improve the efficiency and productivity will make the company more competitive and adoption of other best practices will go long way in transformation of the facility.
Link: https://www.reuters.com/article/usa-navy-ships/corrected-lean-manufacturing-transforms-wisconsin-maker-of-u-s-navy-warships-idUSL1N11A1Z020150908
