foldrite furniture co

CASE STUDY -3FoldRite Furniture Co.-FoldRite Furniture Co.-

Planning to meet a surge in Planning to meet a surge in demanddemand

Good Practices :-Good Practices :- Replaced the company’s line of simple furniture with innovative

products

Trimming product lines

Enthusiasm for green products

Additional benefits to labor’s

Design change.

Bad Practices :-Bad Practices :- Loss of productivity caused by high turnover among

factory workers (Increasing inexperienced workers).

Increased inventory(idle machinery, additional workers)

Forecasting was not so efficient(Anthony Fasano)

Large outlay of cash for inventory added cost.

RECOMMENDATIONSRECOMMENDATIONSEmphasize on good labor relations.

Providing training opportunities to help unskilled workers.

High tech tools and increased productivity had made the plant highly efficient.

Components generated and carefully coordinated to minimize WIP inventory.

THANK YOU …THANK YOU …GROUP MEMBERS:-GROUP MEMBERS:- ABHIJIT KUMARABHIJIT KUMAR ANKITA AGARWALANKITA AGARWAL KULDEEP BENGANIKULDEEP BENGANI MADHUR BHARADWAJMADHUR BHARADWAJ MANJU DAGARMANJU DAGAR MD. WASEEM KHANMD. WASEEM KHAN PRATIK KARELPRATIK KAREL SURBHI GOELSURBHI GOEL SUMIT MUKHERJEESUMIT MUKHERJEE