Manufacturing Systems and Quality Coursework Example | Topics and Well Written Essays - 2250 words - 1

Manufacturing Systems and Quality - Coursework Example otal productive maintenance are some of the management concepts that serve to be very useful in developing efficient mechanisms for the modern manufacturing systems. The text discusses how this concepts have been used in modern industrial practice to run industrial systems for best efficiency and production with minimal cost. Most manufacturing companies have the goal of trying to ensure that they produce the best products for their customers at the cheapest value possible while at the same time ensuring they use the least amount of resources and time. This has led to the development of theory used in running such manufacturing plants based on various principles of efficiency. The difference in the approach and the target goals of this theories is what differentiates the different systems of management. In this text, modern manufacturing management systems have been addressed from theory to a sample solutions point of view.The aim is to provide enlightenment on how the processes are implemented. Lean is a manufacturing principle derived from the Japanese Manufacturing Industries which implies maximizing customer value by reducing the amount of waste created from a manufacturing session of a product. Any potential product or service pf the process that can be paid for by the customer is considered as having value hence utilized accordingly to generate profit. The method involves using the minimum inventory to generate the highest amount of through put. The process entirely relies on reducing the wastes during manufacturing to improve quality, reduce time of production and increase the profit returns form the work. The system uses a method where each part of the production line is examined immediately after manufacture such that a defect in the production line is corrected before affecting other products (DENNIS, 2007). Lean thinking allows the management to focus on optimizing the manufacture of products from a value stream that horizontally incorporates

Trade Preferential Arrangements or Regional Trade Agreements Essay

Trade Preferential Arrangements or Regional Trade Agreements - Essay Example 21). Though available, the preferences should not extend to all the trade activities between the two transacting countries. Also, the coverage of activities involved can largely depend on the type of agreements existing between the countries. Common forms of PTAs include the free trade areas. Most member countries involved in preferential trade agreements often belong to established geographical areas such as the North American Free Trade Area, European Union, Southern African Customs Union (SACU), and the Association of Southeast Asian Nations. The North American Free Trade Agreement is a common example of a free trade area that allows its member countries to enjoy free-trade opportunities. However, each of the countries is allowed to have its trade policies that apply to non-member countries that are involved in joint trading activities. The Southern African Customs Union (SACU) serves as an extension of the customs union arrangement. SACU member countries are allowed to conduct free trade, and an external trading policy is also applied to the non-member countries. SACU majorly covers South Africa, Lesotho, Botswana, and Swaziland. The European Union is an example of a full customs union that represents a common market. It allows for free movement of labor among its member countries. Lastly, the Association of Southeast Asian Nations consists of Malaysia, Indonesia, Singapore, Philippines, Thailand, Brunei, Vietnam, Burma, Laos, and Cambodia. The ASEAN community has a lot of influence on the trade, security, and political issues within the Asia-Pacific region (Bossche, 2008, p. 706). The North American Free trade Agreement gives precedence to the trading activities between Mexico, Canada, and the United States. The agreement allows for the elimination of relevant tariff as well as non-tariff barriers that are