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SWOT Analysis
compiled by: Kristian M. Mamaril, BSBA-Mgt, LIA, MBA plutoniac_beaver@yahoo.com
Slideshownotforsaleordistribution.Pleaseaskpermissiontobeforeduplicationgorprinting byanymeans. SharedinitiallyfortheABSTRACTSeminar of2013
The 8 wastes
(basic theory, and is derived from TPS, originally called by Toyota as muda)
1. Overproduction Producing more than what is needed or before it is needed. 2. Waiting Any time spent waiting for tools, parts, raw material, packaging, inspection, repair, etc. 3. Transportation Any transportation of parts, finished goods, raw materials, packaging, etc. Waste is particularly apparent here when materials are moved into and out of storage or are handled more than once. 4. Excess processing Doing more work than necessary (e.g., providing higher quality than needed, performing unneeded operations, or watching a machine run).
The 8 wastes
5. Inventory Maintaining excess inventory of raw materials, in-process parts, or finished goods. 6. Excessive motion Any wasted motion or poor ergonomics, especially when picking up or stacking parts, walking to look for items, or walking to look for people. 7. Defects (correction) Repair, rework, recounts, re-packing, and any other situation where the work is not done right the first time. 8. Unused human potential Unused employee minds and creativity.
STRATEGY
TACTICS
SUPERVISORY PROCESSES
Strengths include internal capabilities, resources, and positive situational factors that may help the company serve its customers and achieve its objectives. Weaknesses include internal limitations and negative situational factors that may interfere with the companys performance. Opportunities are favorable factors or trends in the external environment that the company may be able to exploit to its advantage. Threats are unfavorable external factors or trends that may present challenges to performance its advantage.
TOTAL WEIGHT MUST ALWAYS BE EQUAL TO 1.OO RATING: -IFEM; 1 = HIGHLY SIGNIFICANT 2 = SIGNIFICANT 3 = NOTICEABLE HINDRANCE 4 = HINDERS GREATLY -EFEM; 4 = VERY HIGH POTENTIAL OF BEING HELPFUL 3 = HIGH POTENTIAL OF BEING HELPFUL 2 = NOTICEABLE HINDRANCE 1 = HINDERS GREATLY
Bibliography
Principles of Marketing 14th edition by Kotler and Keller Operations Management 6th edition by Slack et. Al Encyclopedia of Operations Management by Hill Espot Entertainment Complex by Mamaril