My shiny grid by Coudounaris https://padlet.com/dafnis_coudounaris/10ejw3i712qs Made with panache en-us 2018-04-02 15:29:54 UTC 2018-04-10 08:06:42 UTC hello@padlet.com 3 https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250132235 Leadership: now they are market leaders to stay on the top. Won 1st place in BWC (Bereau of Workers' Compensation) employees safety innovation in the work place this year. Mechanism of innovation: For implemetation part is define by installing supporting systems and policies, creative machnism for innovation, allocate resources and critical activities.
Supportive environment: we make objectives clear, mesurement criteria, clear vision and mission, people are motivated when people have freedom and responsibilities, everyine in the company has to be aware of the organizations mission and vision. Part of the strategy is to train our workers so that they can carry out the vision..
 ]]> 2018-04-10 06:49:48 UTC https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250132235 6 https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250132456 Increasing productivity & reduce cycle time: 
 increase productivity - implement more efficient computer management system which will be implemeneted immediately and begin to allocate the labour and raw materials efficiently , 
  they must ask their clients to place orders more ahead of time and in the specific quantities, so they can arrange that specific batch of production in bulk and make it to be productive 
 Decrease cycle time - in order to decrease the cycle time they have to manage their production so they occupy small distances. The production line must be minimized in covering distance as much as possible,   they are currently implementing developed computer systems processes which are taking time to function efficiently, however, they must lay off this strategy in order to pass the trucks faster on the production lines  with implementing these strategies, they can decrease their average order cycle time from 100 days to 35-40 days ]]> 2018-04-10 06:50:48 UTC https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250132456 5 theresa_leinfelder https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250133769 Discouraging factors of innovation: 
  • Society: not ready for / scared to accept innovation
  • Time: you don't know when to innovation will be working 
  • Costs: Innovation is expensive and company does not know the outcome
  • Short term focus on execution; no time to think about future 
  • External innovations have to be compatible to internal
  • employees need to learn something new 
  • no communication in the company; nobody knows where the problems come from 
  • Lack of understanding and interaction with the customers, market and industry
]]> 2018-04-10 06:56:16 UTC https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250133769 group 2 https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250134700 Porers 5 forces model is a method for analysing the overall position of the business in the market, more specifically, its competitiveness. Five aspect of the model are a tool for drawing the overall competitive advantage and the position of the company in the market. 
The Porters five forces analysis of Navistar:
Bargaining power of suppliers: 1) diverse distribution channels 2) volume is critical to suppliers
Bargaining power of power of suppliers: 
1)Product is important to customers 
Intensity of existing rivarly:
1) fast industry growth rate
Threat of substitutes: 
1) low rate of threat of substitude because Navistar is the one of the first in the market
Threat of new competitors:
1)industry requires economies of scale 
2)strong brand names are important 
3)customers are loyal to existing brand
4)advanced technologies are required
5)entry barriers are high]]> 2018-04-10 07:00:34 UTC https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250134700 https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250134736 2018-04-10 07:00:43 UTC https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250134736 GROUP1 https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250134862 Strength:
Good Returns on Capital Expenditure
Successful track record of developing new products product innovation.
Reliable suppliers – It has a strong base of reliable supplier
Strong distribution network – Over the years Navistar International has built a reliable distribution network that can reach majority of its potential market.
Weakness:
Gaps in the product range sold by the company
Financial planning is not done properly and efficiently
Investment in Research and Development is below the fastest growing players in the industry.
Opportunties:
Opening up of new markets and the adoption of new technology
New customers from online channel – Over the past few years the company has invested vast sum of money into the online platform.
Producing the machines which are more environmentally friendly
Threats:
New technologies developed by the competitor or market 
Economic and financial crisis,
Sensitive to fluctuations of inflation rate in US
Intense competition and threat of substitutes 

]]> 2018-04-10 07:01:14 UTC https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250134862 7 https://padlet.com/dafnis_coudounaris/10ejw3i712qs/wish/250139199 JIT:
Just-in-time (JIT) is an inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs. This method requires producers to forecast demand accurately.

This inventory supply system represents a shift away from the older just-in-case strategy, in which producers carried large inventories in case higher demand had to be met.


Advantages
Just-in-time inventory control has several advantages over traditional models. Production runs remain short, which means manufacturers can move from one type of product to another very easily. This method reduces costs by eliminating warehouse storage needs. Companies also spend less money on raw materials because they buy just enough to make the products and no more.


Disadvantages
The disadvantages of just-in-time inventories involve disruptions in the supply chain. If a supplier of raw materials has a breakdown and cannot deliver the goods on time, one supplier can shut down the entire production process. A sudden order for goods that surpasses expectations may delay delivery of finished products to clients.



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