9-2 Final Project (Statistical Analysis Report)

9-2 Final Project (Statistical Analysis Report) - A-CAT...

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1 A-CAT CORP. A STATISTICAL ANALYSIS REPORT Prepared By: Anthony Husain Southern New Hampshire University QSO-510 Professor Alethea Duhon
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2 TABLE OF CONTENTS INTRODUCTION 3 ANALYSIS PLAN 4 STATISTICAL TOOLS & METHODS 5 DATA ANALYSIS 7 RECOMMENDED OPERATIONAL IMPROVEMENTS 9 REFERENCES 11
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3 INTRODUCTION A-Cat Corporation (A-Cat) was one of the leading producers of electrical appliances in India. They are categorized as a medium scale industry, producing the distributing domestic electrical appliances to rural areas, specifically in or around the Vidarbha region, in the State of Maharashtra in India. Since 1986, A-Cat has been manufacturing electrical appliances, relying on a collaborative partnership with Jupiter Inc. for the production of cabinets and with Global Electricals for the manufacture of TV signal boosters and battery chargers. A- Cat’s primary flagship product is a voltage regulator of 500 kilovolt amps (KVA) that was labeled and sold under the name VR-500. This voltage regulator is used in households as a protective device for refrigerators and televisions to guard against load variations and power failures; common occurrences in rural India. A-Cat, after suffering declining sales over the last few months, has decided to reevaluate their policy of purchasing and stocking spares and components especially with regards to schedule and stock-in-hand inventory. They store all their spares and components, including transformers, in its factory store. A- Cat’s sales division uses data from sales for the last two to three months and also the sales figures of the last two years in the same month to forecast the demand for voltage regulators and to determine the right amount of transformers to keep in inventory. This method of predicting what the optimum level of inventory to keep on hand has been problematic at best. The key internal stakeholders are the Vice-President Arun Mittra, the Operations Manager Shirish Ratnaparkhi and the employees who are responsible for producing the voltage regulators. The key external stakeholders are the customers who purchase the voltage regulators and A- Cat’s primary suppliers Jupiter Inc. and Global Electricals.
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4 ANALYSIS PLAN The quantifiable factors that may be affecting the performance of the operational processes are as follows: 1. The data stored and used to estimate the levels or inventory or merchandise to keep on hand is significantly outdated, going back older than 2006. Considering changes in technologies and general economic (market) conditions, new updated data that has factored in these technological and economic changes should be used to make more accurate predictions / estimates. 2. A more skilled and efficient workforce should be employed in the manufacturing of A- Cat’s voltage regulators. The right employees should be recruited for the right job. Needs should be met with the correct skillset. Workforce can be reduced without affecting output, quality and performance.
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