The strategic plan of a firm is a statement of the major
goals and objectives the company expects to achieve over the next 2 to 10 years or more. It is a statement of the broad direction of the firm and shows the kind of business-product lines, markets, and so on-the firm wants to do in the future. The company roots trace back to 1912, as the years rolled on, Aerial began diversifying its wares, and started providing razors, shears, and others supplies to barbershops. By 1960, Aerial made a decision to move exclusively into beauty and barber supplies, and todays Aerial reflects that move. Often people consider risk to be a negative issue, and of course that is partially correct. Risk reflecting problems from some sort of failure of systems, people, or external events can result in loss of money, productivity, legal problems, and a reduction in the probability of successful implementation of the strategic plan. Aerial was face with risk as the company continues to grow. Aerials DC began to experience a space crunch. So, Aerial hired a consultant that was familiar with beauty supply business to help them. Not knowing if the company Remstar International an automated storage and retrieval solutions manufacture would be the right fit or not. They took on some risk of their own. After deciding to partner, the two companies began a nine -month DC capacity planning session. Production planners must devise a plan to satisfy market demand within the resources available to the company. This will involve determining the resource needed to meet market demand, comparing the results to the resources available, and devising a plan to balance requirements and availability. I think the most important part of this plan was the collecting of data and formulating plans, so that they could provide the right mix of technology. After months of analyzing inventory, data, and space constraints, the two companies settled on a plan. But before moving forward, Aerial asked Remstar to provide validation that the technology would work. Then we ran a simulation, and together decided to move forward. Engineering is responsible for research, development, and design of new products or modification to existing ones. The implementation was also carried out in phases- carousels first, followed by the pick modules and RF picking. The efficient now that the new equipment and systems are in place. Where picking used to require as many as 28 employees, the same job today is accomplished with just 12. And the productivity has also improved dramatically. They used to pick 70 lines per hour; that has increased to 200 lines per hour. The teams advance planning help make this possible.
Value Stream Mapping: How to Visualize Work and Align Leadership for Organizational Transformation: How to Visualize Work and Align Leadership for Organizational Transformation