SlideShare a Scribd company logo
1 of 6
 Reduced the no. of products and enable Customization of products in

order to achieve competitive advantage over off shore manufacturers .
 FoldRite in order to achieve short lead-time maintained a strategic
inventory of fully and partially assembled parts to cover 2 week of
forecasted inventory .
 Maintaining good labour relations by giving them various incentives .
 The products used similar materials, which reduced the number of
suppliers and the procurement overhead, and increased quality.
 All production planning was highly centralized. The production
supervisor assigned workers to various tasks based on daily
production plans derived from the weekly plan.
 FoldRite capitalized on “Green opportunity” and produced ecofriendly
product like Alsrong, GreenComfort, Cloudchair
 Time to time Meetings, Well Coordination with all the departments
Loss of productivity and yields caused by high

labor turnover.
Increasing proportion of unskilled workers
resulting in late delivery of products and
increased lead time leading to loss of productivity.
Continuous acquisition of small firms which
distracted management from their main issues.
Increase appropriate inventory .
Purchasing contracts.
Include over time.
Presented By:
•Pankhuri Rastogi
•Sibi Siddique
•Ashutosh Tiwari
•Richa Goel
•Rachita Bawa

•Aman Jaiswal
•Yogesh Gulati
•Ayush Mittal
•Vidit Dargarh
•Vaibhav Chopra
Presented By:
•Pankhuri Rastogi
•Sibi Siddique
•Ashutosh Tiwari
•Richa Goel
•Rachita Bawa

•Aman Jaiswal
•Yogesh Gulati
•Ayush Mittal
•Vidit Dargarh
•Vaibhav Chopra

More Related Content

What's hot

Packaging Cost Savings Beyond Sourcing: Corrugated Packaging
Packaging Cost Savings Beyond Sourcing: Corrugated PackagingPackaging Cost Savings Beyond Sourcing: Corrugated Packaging
Packaging Cost Savings Beyond Sourcing: Corrugated PackagingAdept_Packaging
 
ConnectCentral Introduction
ConnectCentral IntroductionConnectCentral Introduction
ConnectCentral Introductionstevemacfarlane
 
Angie Culley Resume
Angie Culley ResumeAngie Culley Resume
Angie Culley ResumeAngie Culley
 
Shampoo packaging project
Shampoo packaging projectShampoo packaging project
Shampoo packaging projectlabhgroup904
 
Redeploy Technologies Ltd Over View v1
Redeploy Technologies Ltd Over View v1Redeploy Technologies Ltd Over View v1
Redeploy Technologies Ltd Over View v1Antonio Hunt
 
Food cost control for Restaurants
Food cost control for RestaurantsFood cost control for Restaurants
Food cost control for RestaurantsTarek Tharwat
 

What's hot (9)

Packaging Cost Savings Beyond Sourcing: Corrugated Packaging
Packaging Cost Savings Beyond Sourcing: Corrugated PackagingPackaging Cost Savings Beyond Sourcing: Corrugated Packaging
Packaging Cost Savings Beyond Sourcing: Corrugated Packaging
 
ConnectCentral Introduction
ConnectCentral IntroductionConnectCentral Introduction
ConnectCentral Introduction
 
Angie Culley Resume
Angie Culley ResumeAngie Culley Resume
Angie Culley Resume
 
Shampoo packaging project
Shampoo packaging projectShampoo packaging project
Shampoo packaging project
 
Gcp 2016 customer presentation
Gcp 2016 customer presentationGcp 2016 customer presentation
Gcp 2016 customer presentation
 
Redeploy Technologies Ltd Over View v1
Redeploy Technologies Ltd Over View v1Redeploy Technologies Ltd Over View v1
Redeploy Technologies Ltd Over View v1
 
Food cost control for Restaurants
Food cost control for RestaurantsFood cost control for Restaurants
Food cost control for Restaurants
 
Lean in dairy
Lean in dairyLean in dairy
Lean in dairy
 
Ettienne CV (1)
Ettienne CV (1)Ettienne CV (1)
Ettienne CV (1)
 

Similar to fold rite

just in time approace literature view
just in time approace literature viewjust in time approace literature view
just in time approace literature viewAnqur Rauth
 
Lean production and jit
Lean production and jitLean production and jit
Lean production and jitKusum Parmar
 
Lean Production With Jaguar Example
Lean Production With Jaguar ExampleLean Production With Jaguar Example
Lean Production With Jaguar Exampleshekhar619
 
Lecture 25 conversion cycle -wolrd class companies & lean manufacturing-...
Lecture 25  conversion cycle -wolrd class companies & lean manufacturing-...Lecture 25  conversion cycle -wolrd class companies & lean manufacturing-...
Lecture 25 conversion cycle -wolrd class companies & lean manufacturing-...Habib Ullah Qamar
 
The role of just-in-time production for sustainable practices.pdf
The role of just-in-time production for sustainable practices.pdfThe role of just-in-time production for sustainable practices.pdf
The role of just-in-time production for sustainable practices.pdfMr. Business Magazine
 
Just in time - Accounting Theory (ACT - 412) assignment Sonia ma'am
Just in time - Accounting Theory (ACT - 412) assignment Sonia ma'amJust in time - Accounting Theory (ACT - 412) assignment Sonia ma'am
Just in time - Accounting Theory (ACT - 412) assignment Sonia ma'amMd. Moazzem Hossain
 
Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017shyaminfo06
 
Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017eshwaryyyy
 
Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017Noahliamwilliam
 
Module 5 - Just in Time and Kaizen costing.pptx
Module 5 - Just in Time and Kaizen costing.pptxModule 5 - Just in Time and Kaizen costing.pptx
Module 5 - Just in Time and Kaizen costing.pptxArunJyothi19
 
Significance of material planning, production control in actualization of org...
Significance of material planning, production control in actualization of org...Significance of material planning, production control in actualization of org...
Significance of material planning, production control in actualization of org...Alexander Decker
 
Significance of material planning, production control in actualization of org...
Significance of material planning, production control in actualization of org...Significance of material planning, production control in actualization of org...
Significance of material planning, production control in actualization of org...Alexander Decker
 
Uop ops 571 final exam guide new 2017 (score 3030) new
Uop ops 571 final exam guide new 2017 (score 3030) newUop ops 571 final exam guide new 2017 (score 3030) new
Uop ops 571 final exam guide new 2017 (score 3030) newshyaminfo00
 

Similar to fold rite (20)

Just in Time (JIT)
Just in Time (JIT)Just in Time (JIT)
Just in Time (JIT)
 
Just to-time (jit)
Just to-time (jit)Just to-time (jit)
Just to-time (jit)
 
just in time manufacturing
just in time manufacturingjust in time manufacturing
just in time manufacturing
 
just in time approace literature view
just in time approace literature viewjust in time approace literature view
just in time approace literature view
 
Lean production and jit
Lean production and jitLean production and jit
Lean production and jit
 
Lean Production With Jaguar Example
Lean Production With Jaguar ExampleLean Production With Jaguar Example
Lean Production With Jaguar Example
 
Inventory mgmt n jit
Inventory mgmt n jitInventory mgmt n jit
Inventory mgmt n jit
 
Lecture 25 conversion cycle -wolrd class companies & lean manufacturing-...
Lecture 25  conversion cycle -wolrd class companies & lean manufacturing-...Lecture 25  conversion cycle -wolrd class companies & lean manufacturing-...
Lecture 25 conversion cycle -wolrd class companies & lean manufacturing-...
 
Jit
JitJit
Jit
 
The role of just-in-time production for sustainable practices.pdf
The role of just-in-time production for sustainable practices.pdfThe role of just-in-time production for sustainable practices.pdf
The role of just-in-time production for sustainable practices.pdf
 
Just in time
Just in timeJust in time
Just in time
 
Just in time - Accounting Theory (ACT - 412) assignment Sonia ma'am
Just in time - Accounting Theory (ACT - 412) assignment Sonia ma'amJust in time - Accounting Theory (ACT - 412) assignment Sonia ma'am
Just in time - Accounting Theory (ACT - 412) assignment Sonia ma'am
 
just in time
just in timejust in time
just in time
 
Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017
 
Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017
 
Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017Uop ops 571 final exam guide new 2017
Uop ops 571 final exam guide new 2017
 
Module 5 - Just in Time and Kaizen costing.pptx
Module 5 - Just in Time and Kaizen costing.pptxModule 5 - Just in Time and Kaizen costing.pptx
Module 5 - Just in Time and Kaizen costing.pptx
 
Significance of material planning, production control in actualization of org...
Significance of material planning, production control in actualization of org...Significance of material planning, production control in actualization of org...
Significance of material planning, production control in actualization of org...
 
Significance of material planning, production control in actualization of org...
Significance of material planning, production control in actualization of org...Significance of material planning, production control in actualization of org...
Significance of material planning, production control in actualization of org...
 
Uop ops 571 final exam guide new 2017 (score 3030) new
Uop ops 571 final exam guide new 2017 (score 3030) newUop ops 571 final exam guide new 2017 (score 3030) new
Uop ops 571 final exam guide new 2017 (score 3030) new
 

Recently uploaded

Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and ModificationsMJDuyan
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseAnaAcapella
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsKarakKing
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the ClassroomPooky Knightsmith
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17Celine George
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptxMaritesTamaniVerdade
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin ClassesCeline George
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfNirmal Dwivedi
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsTechSoup
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxheathfieldcps1
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.christianmathematics
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701bronxfugly43
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxDr. Sarita Anand
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxVishalSingh1417
 
Vishram Singh - Textbook of Anatomy Upper Limb and Thorax.. Volume 1 (1).pdf
Vishram Singh - Textbook of Anatomy  Upper Limb and Thorax.. Volume 1 (1).pdfVishram Singh - Textbook of Anatomy  Upper Limb and Thorax.. Volume 1 (1).pdf
Vishram Singh - Textbook of Anatomy Upper Limb and Thorax.. Volume 1 (1).pdfssuserdda66b
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...Poonam Aher Patil
 

Recently uploaded (20)

Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Spatium Project Simulation student brief
Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptx
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
Vishram Singh - Textbook of Anatomy Upper Limb and Thorax.. Volume 1 (1).pdf
Vishram Singh - Textbook of Anatomy  Upper Limb and Thorax.. Volume 1 (1).pdfVishram Singh - Textbook of Anatomy  Upper Limb and Thorax.. Volume 1 (1).pdf
Vishram Singh - Textbook of Anatomy Upper Limb and Thorax.. Volume 1 (1).pdf
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 

fold rite

  • 1.
  • 2.  Reduced the no. of products and enable Customization of products in order to achieve competitive advantage over off shore manufacturers .  FoldRite in order to achieve short lead-time maintained a strategic inventory of fully and partially assembled parts to cover 2 week of forecasted inventory .  Maintaining good labour relations by giving them various incentives .  The products used similar materials, which reduced the number of suppliers and the procurement overhead, and increased quality.  All production planning was highly centralized. The production supervisor assigned workers to various tasks based on daily production plans derived from the weekly plan.  FoldRite capitalized on “Green opportunity” and produced ecofriendly product like Alsrong, GreenComfort, Cloudchair  Time to time Meetings, Well Coordination with all the departments
  • 3. Loss of productivity and yields caused by high labor turnover. Increasing proportion of unskilled workers resulting in late delivery of products and increased lead time leading to loss of productivity. Continuous acquisition of small firms which distracted management from their main issues.
  • 4. Increase appropriate inventory . Purchasing contracts. Include over time.
  • 5. Presented By: •Pankhuri Rastogi •Sibi Siddique •Ashutosh Tiwari •Richa Goel •Rachita Bawa •Aman Jaiswal •Yogesh Gulati •Ayush Mittal •Vidit Dargarh •Vaibhav Chopra
  • 6. Presented By: •Pankhuri Rastogi •Sibi Siddique •Ashutosh Tiwari •Richa Goel •Rachita Bawa •Aman Jaiswal •Yogesh Gulati •Ayush Mittal •Vidit Dargarh •Vaibhav Chopra