Nissan triple bottom line

BE SURE TO REPLACE ALL RED TEXT. THE WORDS SHOULD NOT BE USED AS AN ANSWER, THEY SERVE AS A GUIDE AND TEMPLATE, NOT THE ANSWER.

Introduction:

Write a brief 2-3 sentence introduction simply describing what Nissan has going on and what we are going to review. …Nissan, like most companies, has explored the use of process management functions. The below paper describes the use of these process management functions and how Nissan may incorporate them into their OM functions.

I. Theories and Techniques

A. Summarize the following theories: just in time (JIT), Toyota Production System (TPS), and Lean. How are these concepts related? Describe the advantages and disadvantages for using each of these concepts at the company presented in the case study.

JIT-A few sentences on how it works, key aspects (forced problem solving, reduced supply cost). The benefit for Nissan using this system would be (think key aspects as those are the positive outcomes). The disadvantage(s) of using this system would be…what could go wrong if you have a very limited supply on hand? JIT-216, 626, 628, 629 (force problem solving reduced costs for supplies). Be sure to note ties to Nissan throughout.

TPS-A few sentences on how it works, key aspects (employee empowerment, improved quality focus). The benefit for Nissan using this system would be (think key aspects as those are the positive outcomes). The disadvantage(s) of using this system would be…does this sound like a cheap approach? TPS-626, 638, 639 (employee empowerment) Be sure to note ties to Nissan throughout.

Lean- A few sentences on how it works, key aspects (exactly, and only what the customer wants). The benefit for Nissan using this system would be (think key aspects as those are the positive outcomes). The disadvantage(s) of using this system would be…what if you don’t know exactly what your customer wants? Lean-626, 640, 641, 642 (exactly, and only, want the customer wants) Be sure to note ties to Nissan throughout.

II. Sustainability

A. Describe how the emerging concept of the triple bottom line can be used to enhance operations management at the company. Be sure to address each component of the triple bottom line.

Triple bottom line = 3 ps. 1st P and 2nd P are only applicable if the 3rd P works (profit). Profit is needed to support the other two. Profit is foundational. Triple Bottom Line (3 Ps). Be sure to note ties to Nissan throughout. What can Nissan do to improve their people consideration? Their planet consideration? Their profit position? I would lay this out as..

Triple bottom line is…(2 sentences)

People; The people component of the triple bottom line focuses on all stakeholders of an organization. Nissan can seek to improve their position in the people category of the triple bottom line by… They can also..

Planet; The planet component of the…

Profit; See above. Profit here is foundational; it is needed to support any of the other two.

B. Explain how the company integrates ISO 14000 standards in its manufacturing plants. Support your explanation with citations from your textbook or outside sources.

Keys; What is ISO 1400? is Nissan ISO certified? Do they use ISO suppliers? What does this mean that they use ISO suppliers? How important is it to them (note-the created an executive position to maintain certification). This section may require google. The answers are easy to find but not in the case study or the course text. The best sources here for the Nissan specific component is their own web sites.

C. Describe ways by which the company can integrate corporate responsibility principles into their operations. Which of these do you believe to be the most effective? Why? Support your opinions with citations from your textbook or outside sources.

What is corporate responsibility? How can Nissan use some of these practices to make a better business. Then, WHICH DO YOU BELIEVE TO BE THE MOST EFFECTIVE? WHY? Students miss this part all the time. You need to say…”I believe the most effective corporate responsibility action Nissan can take is…” “This is the most effective because…” “To support this position, please see…” You should have sentences in this section that sound very much like that.