Atlas Copco Group Research Paper by Champ

Atlas Copco Group
This paper discusses operational issues related to the Atlas Copco Group.
# 98783 | 1,368 words | 6 sources | MLA | 2007 | US
Published on Oct 17, 2007 in Business (Companies) , Business (Management) , Business (Applied Operations) , Economics (General)


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Description:

In this article, the writer discusses the Atlas Copco Group, which is responsible for the manufacturing of electric and pneumatic tools. The writer notes that the company is extremely successful but like any company of its magnitude Atlas has several problems that must be resolved. The writer makes recommendations to Atlas concerning such issues as supply and demand, expansion in North bay and issues associated with suppliers. The writer concludes that the company must implement total quality management, and focus on R&D as it relates to supply and demand. The writer also maintains that the company should find competent realtors and evaluate lease to buy options as it relates to expansion in North Bay. Finally, as it pertained to problems with suppliers, the research indicates that the company should have contracts with all suppliers and implement some degree of vertical integration.

Outline:
Introduction
Matching supply and demand
Expansion in North Bay
Suppliers
Conclusion

From the Paper:

"Since the company is concerned about increasing efficiency and competence it is important that research and development, total quality management and automation play a key role in solving this problem. Research and development is recommended because it will assist the company in creating the products that meet the needs of customers. Research and development will also assist the company in understanding the quantity of products that should be produced to meet customer demand. Total Quality management is needed to ensure that the company is producing a product that is of excellent quality; doing so limits the likelihood that the product will have defects. This is important because defective products are more likely to be recalled and product recalls can cost the company a great deal of money. TQM will also improve efficiency."

Sample of Sources Used:

  • Atlas Copco Facts in Brief. (2006) Official Atlas Copco website Retrieved March 9, 2007, from www.atlascopco.se/Images/Facts_in_Brief_2006_tcm44-61125.pdf
  • Culp, C. L. (2001). The Risk Management Process: Business Strategy and Tactics. New York: Wiley.
  • Kanji, G. K. (2002). Measuring Business Excellence. London: Routledge.
  • Our Company. Official Atlas Copco website. Retrieved March 9, 2007, from http://www.atlascopcoexploration.com/company_facts.html
  • Schwartz, A., & Scott, R. E. (2003). Contract Theory and the Limits of Contract Law. Yale Law Journal, 113(3), 541+.

Cite this Research Paper:

APA Format

Atlas Copco Group (2007, October 17) Retrieved August 25, 2019, from https://www.academon.com/research-paper/atlas-copco-group-98783/

MLA Format

"Atlas Copco Group" 17 October 2007. Web. 25 August. 2019. <https://www.academon.com/research-paper/atlas-copco-group-98783/>

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