【正文】 FOR JIT JIS DELIVERY WHEEL ASSEMBLY PROCESS TIME 2:15 01 02 03 04 05 06 07 08 TIRE BALANCING PROCESS TIME 3:00 FORK ASSEMBLY PROCESS TIME WHEEL ASSEMBLY PROCESS TIME 2:15 2/IMPROVEMENT / Manufacturing Process Reengineering Step Process Time （ minutes） 1 Cut and assemble the tubes. 4:00 2 Clean up the welds, degrease, and prepare for powder coat. 2:30 3 Perform powder coating. 3:00 4 Assemble the fork. 1:45 5 Balance the tires. 3:00 6 Attach the wheels/tires. 2:15 7 Mount the handlebars. 1:30 8 Load the frames for transport. OUTCOMES: Processing Time: ↓ 4:45 min Minimized the decreasing profits 2/IMPROVEMENT / Manufacturing Process Reengineering Overall EDI: JIT Information Sharing Platform Product Line Reanization Chain 1/ Quality Problem 2/ Missed Schedule 2/ Increasing Inventory 1/ Unpunctual Delivery Supplier Evaluation System Total Quality Control (TQC) Six Sigma + PDCA Circulation Transfer Price Other issues: Appendix: Cost Control Increased Cost 2/ Declining profitability 1/ Limited productivity Remendation Problems Sources Tire/Wheel Handlebar Secondtire Supplier Steel Tubing, Front Frock Capacity 2/IMPROVEMENT The Unit Cost Situation Financial Factors’ Improvements Financial Statements F I N A L RESULT Balanced Score Card JCC‘S UNIT COST INFORMATION（ 2023） Materials 2023 2023 After Improvement Steel tubing Front fork Wheel set (front and rear) Tires Handlebars 2, Direct labor Overhead Depreciation (Generally fixed in total) Total unit cost 2, ↓ $10 ↓ $50 ↓ $5 ↓ $ ↓ $ The unit cost would reduce, indicating a lower cost of goods sold and a higher profit. 3/ FINAL RESULT / Unit Cost Information % % % 2023 2023 2023Return on Assets % % % 2023 2023 2023Net Profit Margin 2023 before improvement The profits would stop the downward trend 3/ FINAL RESULT / Financial FactorsProfitability % % % % % % % % % % % % %2023 2023 2023 Special order Short Term SolvencyCurrent Ratio Long Term SolvencyDebt to Assets Ratio 2023 Creditors would be satisfied with the results 3/ FINAL RESULT / Financial FactorsDebt Paying Ability JCC‘S INCOME STATEMENT（ Years Ended Dec. 31） 2023(In millions) 2023(In millions) Sales 111 Cost of goods sold 81 Gross margin Operating expenses: Freightout Research and development General and administrative Total operating expenses Operating ine Nonoperating expenses interest Ine before taxes Provision for ine taxes Net ine ↑ % ↑ % ↑ % 3/ FINAL RESULT / Financial Statements JCC‘s Statement of Financial Position（ Years Ended December 31） Increase (Decrease) ASSETS 2023 (In Millions) 2023 (In Millions) Percentage% Current Assets Cash and cash equivalents 15 25 67% Trade receivables, 36% Inventory 79% Prepaid expenses 7% Deferred tax assets 6% Total current assets 17% Property and Equipment Land and buildings 12 12 0% Property and equipment 0% Less: Accumulate depreciation 39 42% Goodwill 5 5 0% Total Assets 11% LIBILITIES AND OWNER39。 Equity Common stock 1 1 0% Retained earnings 15% Total Shareholders39。 Equity Common stock 1 1 0% Retained earnings 15% Total Shareholders39。 skills Hours of training / month 4 5 L3:Employee Satisfaction bonus per extra working hours ($) 10 2/Internal process Strategic Objective Measurements 2023 2023 P1:Reduce Inventory Inventory as a % of sales % % P2:Delivery Ontime Times of missed schedule 15 7 Total Penalty of missed schedule ($) 300,000 100,000 P3:Increase Productivity Capacity 30,000 33750 P4:Product Quality Numbers of defects of the year 1,000 800 3/ FINAL RESULT / Balanced Score Card 4/Financial Strategic Objective Measurements 2023 2023 F1: Considerable Profitability Sales (In millions) 111 118 Net Profit (In millions) F2: Liquidity Inventory Turnover 59 F3: Good market value Dividend yield ratio % % 3/Customer Strategic Objective Measurements 2023 2023 C1:Market Share % of Market Share % % C2:Customer Satisfaction Customers39。 , January 23, 2023 ? 雨中黃葉樹，燈下白頭人。 :25:3011:25Jan2323Jan23 ? 1故人江海別，幾度隔山川。 :25:3011:25:30January 23, 2023 ? 1他鄉(xiāng)生白發(fā)，舊國見青山。 。 2023年 1月 23日星期一 11時 25分 30秒 11:25:3023 January 2023 ? 1做前，能夠環(huán)視四周；做時，你只能或者最好沿著以腳為起點的射線向前。 , January 23, 2023 ? 很多事情努力了未必有結(jié)果，但是不努力卻什么改變也沒有。 :25:3011:25Jan2323Jan23 ? 1世間成事，不求其絕對圓滿，留一份不足，可得無限完美。 :25:3011:25:30January 23, 2023 ? 1意志堅強的人能把世界放在手中像泥塊一樣任意揉捏。 。 2023年 1月 23日星期一 11時 25分 30秒 11:25:3023 January 2023 ? 1空山新雨后，天氣晚來秋。 , January 23, 2023 ? 閱讀一切好書如同和過去最杰出的人談話。 :25:3011:25Jan2323Jan23 ? 1越是無能的人，越喜歡挑剔別人的錯兒。勝人者有力，自勝者強。 2023年 1月 23日星期一 上午 11時 25分 30秒 11:25: ? 1最具挑戰(zhàn)性的挑戰(zhàn)莫過于提升自我。 2023年 1月 23日星期一 11時 25分 30秒 11:25:3023 January 2023 ? 1一個人即使已登上頂峰，也仍要自強不息