NDIM-3rd sem case study of Arun sir. Will be useful to student doing foldrite case study. NDIM students will be highly benefited

1. CASE OF Foldrite furniture
Group 6
Roll 406--48912/21/2017 NDIM 1

2. ABOUT
 Founded in 1987
 Started as manufacturer light but strong
folding banquet table
 USP: Strong, Durable, Easy to operate
 1990’s : 3 product lines
 Customer responsiveness; quick service
 Revenue increased from $47.5 M in 1999 to
$60.3 M in 2006

3. 62%
29%
9%
SHARE
Hospitality Corporate Individual

4. GOOD PRACTICES
 Reorganising- Retool
 Reducing number of products
 Innovation in product and process
 Focus on one product; customization
 Four small facilities merged into one large facility
 New automation tools
 Reducing lead times (assembled products)
 Dedicated sales force in hospitality
12/21/2017 NDIM 4

5. GOOD PRACTICES(contd)
 Weekly joint meetings of Sales and Operation
team
 Two suppliers for raw materials
 Matched Skilled + Unskilled labour force
 Right forecast
12/21/2017 NDIM 5

6.  Creation of idle situation
 Acqisition of small firms
 Over promising
 Unskilled staff training
 Cost to company is very high
BAD PRACTICES
12/21/2017 NDIM 6

7. PROBLEMS
 High turnover among employees
 Increased lead time in 2006
 Idle machinery
 Layoffs the credit in R&D and product
development
 High recruitment cost
 High design renewal cost
 Contract constraints
12/21/2017 NDIM 7

8. RECCOMENDATIONS
 Lean Management
 Optimised product planning
 Use of overtime
 Increasing staff temporarily
 Constant level of production
 Low level inventory for short time
 Third party intervention
 Relation among skilled and unskilled labours
12/21/2017 NDIM 8

9. THANK YOU
12/21/2017 NDIM 9