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ABM Estate Investment and Finance Supply Chain System Analysis

3 Pages1343 Words77 Views

Added on  2019-09-20

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We analyze ABM Estate Investment and Finance's current model, practices, and lean techniques used in their supplier base and customer relationship. Our recommendations for the company are also included.
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The girl’s transcriptionGood afternoon everyone. I’m Hang this is prav. Today we are going to talk about ABM Estate investment and finance supply chain systemWe will analyse their current model, practices ,lean techniques that they use supplier base, cutomer relationship and we will finish off with our personal recommendations for the company. So just the quick introduction to ABM Estate investment and finance and who they are. ABM Is one of the largest privately owned family construction firms inin New dellhi . founded in 1999 by mr Balbir singh.. ABM provides fresh;y built condominiums CONDAUMINIEM and apartments in and around New delhi . According to their financial report in 2015, their annual turn over was £7 Moving on to scales and scope they target at both b2b who are out of state investment buyers and B2c who are local new delhicustomerIn order to sell properties they advertise their constructions vianewspaper , tele marketing and wordof mouth. Over the past 15 years They have succefully executed arould 5 big projects over the x\vxWith the increased competition in construction projects, the company is continuing to search for ways of eliminating waste and increasing profit (Mastroianni and Abdelhamid 2003). Therefore ABM decided to implement the increased visualization lean tool which is about communicating key information effectivelyto the workforce through posting various signs and labels around the construction site.. This tool is similar to the lean manufacturingtool, Visual Controls, which increase the efficiency and effectiveness of a process by making the steps in that process more visible. In order to implement the Increased Visualization A safety meeting will be held on the job site at the beginning of the project for staff and workers. The importance of safe practices for the company are emphasized and people give feedback on different safe practices on the job site. A commitment to safety is signed by all attendants. Besides, Workers could provide new ideas and create safety signs in order to increase their involvement in the process. Moreover Completion dates are also visible . for example when the expected pouring dates are decided signs including pouring sequence and completion dates will be posted on the pouring pots for each floor also placed on the retaining wall. Besides, The company employs a continuous feedback loop which a lean technique to obtain continuous performance improvement. Basically ABM designs a survey consisting of 6 question andsend the survey to cus after a full transaction took place or after maintain services during the warranty period.. Then they keep the feedback going and share the results with suppliers and engineersFinally As mention above abm employ a 3pl company called (Lucky Logistics to outsource transportation when ever they got a project the contractors calculate the right amount of materials they need for different building stages and send orders to the 3PL then the 3PL delivery each material and despatches them to the site. At the end of the billing period, the company receive one invoice for the services usedSupplier located near key highways linked with customers location which mean Big truck can navigate easily and enable transport productivitSo after looking at ABM current model and strategies we pick out some of the main ads.
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