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ASSIGNMNET-II
(GROUP)
ON PRODUCTION, QUALITY AND INVENTORY
MANAGEMENT OF MOBILE
SUBMITTED TO: SUBMITTED BY:
PROF. SUSMITA PAUL GROUP-1
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TABLE OF CONTENT
Particulars Page number
Budget 3Forecasting 4
Layout 5-6
Quality 7-8
Inventory 9-11
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PRODUCTION
Budget and Demand Forecasting
DATA ITEMS Per Unit
Cost(in Rs.
000)
Q1 Q2 Q3 Q4 TOTAL
Cost (in Rs.
'000)
Units produced 3863 2862 2863 5862
Media player
functionality
Component
0.876 3383.988 2507.112 2507.988 5135.112 13534.2
Bluetooth & Other
wireless
Components
0.98 3785.74 2804.76 2805.74 5744.76 15141
PCB level
components
0.725 2074.95 2074.95 2075.675 4249.95 10475.525
Other Passive &
Discrete
Semiconductors
0.145 560.135 414.99 415.135 849.99 2240.25
Camera Module 0.55 2124.65 1574.1 1574.65 3224.1 8497.5
Display 1.006 3886.178 2879.172 2880.178 5897.172 15542.7
Battery 0.25 965.75 715.5 715.5 1465.5 3862.25
Labor 2.067 7984.821 5915.754 5917.821 12116.754 31935.15
Operating System 0.275 1062.325 787.05 787.325 1612.05 4248.75
Other Softwares 0.098 378.574 280.476 280.574 574.476 1514.1
TOTAL Budgeted
Cost
6972 26207111 19953864 19960586 40869864 106991.425
GRAND TOTAL 1066991425
=10.7
crores
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Demand Forecasting
Year Sales (in units)
2006-07 15100
2007-08 18020
2008-09 16700
2009-10 15400
2010-11 14200
2011-12 16310
W1= 0.45
W2= 0.3
W3= 0.25
Forecasted Demand 15449.5 15450
Forecasted Demandfor
Q1 Q2 Q3 Q4
3863 2862 2863 5862
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MOBILE PHONE LAYOUT
Production depends on how efficient various machines, production facilities and employee
amenities are located in plant. While choosing a layout for mobile it involves deciding the type
of components to be used. For example - screen, window/android/nvidia, camera, key pad etc
Now its involves assembling of various components and maintaining appropriate spacing
between them. So that work can be done in effective efficient manner.
All the parts of mobile phone collected at one place from different area and after that assembling
process take place. Our major products are produced and assemble at one location. So equipment
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labour and component are moved to one place all facilities are brought and arranged around one
work center. Due to which we are able to save our time and money .
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QUALITY
Quality Certification
We need to certify our organization with ISO 9001, 9002, 9003
These three are important because:
ISO 9001: It certifies the organization providing services along with product
ISO 9002: It certifies and gives quality assurance for manufacturing unit
ISO 9003: It certifies and gives quality assurance in Final Inspection and Test
As we will be using all these three things therefore certification of these three quality assurancemodel is necessary.
Dimensions of Quality
Service quality dimensions:
Our organization will take care of the following services which have to be provided to
customers:
1. Time and Timeliness: Services provided on time that is the waiting time for customerfor repair is minimum
2. Completeness: Services are provided according to the specifications given by customers3. Courtesy: Customers are treated in a very friendly manner and proper time is given to
them so that they can tell the problems they are having
4. Consistency: Same level of services are provided to each and every customers inhandling there issues.
5. Accessibility and Convince: We will be opening our service centre in a very posh areaas well as in suburban area.
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6. Accuracy: Services provided to us and issue handling will be solved in first attempt.7. Responsiveness: We will respond to our customer within 24 hours of receiving a
complaint.
Product Quality Dimensions:
Our product will be assured on the following quality dimensions:
1. Performance: The mobile phone will be a smartphone with android os topped with ownandroid skin
2. Features: the phone will have a 5 megapixel camera, mp3 player, apps, touch screen,android 2.3
3. Reliability: The mobile phone will be reliable as its software is worldwide accepted andhardware is also tested for optimum utilization..
4. Conformance: the mobile phone will be checked so that all mobiles are in conformancewith specifications decided.
5. Durability: The mobile phone will have a strong body made of aluminum which willlast for at least 3 years
6.
Serviceability: The phone will be made of many small individual parts which can betaken out and repaired without damaging any other part of the phone. Also the service
will be done within 24 hours and service centre will be there in every city in
collaboration with mobile repairing centre present there.
7. Aesthetics: the phone will have a elegant yet trendy design and also the phone will havepractical design in order to attract customers of all age groups and the phone will be
available in many colors.
8. Safety: The phone will be following all safety standards required for mobile and alsocompany will be making cell for maximum safety and features like auto power cutoff to
prevent burst of cell phone while charging.
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Procurement and Inventory Management
PROCUREMENT FUNCTION FOR MOBILE COMPANY:
Procurement is the acquisition of goods or services which means the Act of getting position ofsomething. It is the act of purchasing, receiving, storing, inventory. procurement process is done
keeping in mind the cost associated with it keeping in mind the needs of customer in terms of
quality, quantity, time and location and it is also important to have the right or appropriate
goods/services. Procurement is the supervision of all suppliers, services, and construction
needed by the country. Under procurement, comes the selling, trading and dispose of surplus
supplies belonging to the country after the declaration of surplus.
Our organization is of mobile phones; so under this kind of organization the important things forwhich one needs to do procurement are media player, Bluetooth, few semi-conductors, camera
module, display, battery, labor needs to be procured.
For the procurement of lenses for the camera function in a mobile phone, a company needs to
deal with a supplier who is into the business of camera, lenses etc. For the same reason, we will
be procuring from Carl Zessis and this is into healthcare, sports, Analzing, microelectronics,
photography. . It is one of the very good company in terms of what we want for our product i.e.
the lense which we want for the camera making of our mobile product.
In order to have the batteries, we needs to procure it, and this is the important part of a mobile
phone. These batteries are being supplied from Lithium-Iron Batteries which is into this business
of batteries.
And, finally for software, we will be dealing with different dealers .dealers for Bluetooth, semi-
conductors, display, media-players. These dealers are those who will be providing our company
with all all the raw material.
INTRODUCTION OF INVENTORTY
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And now when we are through with the procurement part, we need to have proper inventory
with us so that our company doesnt suffer due to shortage.
What this inventory is? Inventory is the detailed list of all the items in stock. The scope of
Inventory management is between the fine lines between replenishment lead time, carrying cost
of inventory, asset management, Inventory forecasting, physical inventory. Under inventory,
retailer is into acquiring and maintaining proper assortment while making the order, when
shipment is taking place and keeping in mind the associated cost.
Inventory are of 4 types:
Raw material- purchased but not processed Work in progress-undergone some changes but not completed Maintenance/ Repairing/ Operating- necessary to make machinery and its production
productive.
Finished Goods- completed product awaiting shipment.
Inventory management is done by way of
ABC analysis- here the inventory is divided into 3 parts;
A-high annual dollar volume B-medium annual order volume C-low annual order volume
Record accuracy Cycle counting Control of service industry
Inventory is done keeping in mind the budget and its forecasted value for each quarter on the
basis of sale of previous years data is:
Q1 Q2 Q3 Q4
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3863 2862 2863 5862
And therefore this will be our inventory of finished goods in each quarter as this is what we have
forecasted for the next year as our sale value.
Now, in our organization we will be using the modern concept of manufacturing which is JUST
IN TIE (JIT).when we define JIT, it is a production strategy that is used in order to improve a
business return on investment by reducing in-process inventory and associated carrying costs.
The only reason for us to use this method in our production and managing of inventory is to
reduce our cost in terms of storage of unnecessary inventory.
ITEM: Mobile LT:1
LOT SIZE:LFL SS:500
Q1 Q2 Q3 Q4
Gross requirement 3863 2862 2863 5862
Scheduled receipts
Available (on hand=1501) 1001 0 0 0
Net requirements 2862 2862 2863 5862
Planned order receipts 2862 2862 2863 5862
Planned order releases 2862 2863 5862
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