Preston Plant’s Challenges and Strategic Decisions Case Study

Exclusively available on Available only on IvyPanda® Made by Human No AI

What are the most significant events in the story of how the plant survived because of its adoption of quality-based principles?

With every production at Preston Company in Preston Vancouver, there was a production sheet for analysis that was produced. This data was meant to be used by both Preston, as the producer, and Hewlett-Packard, as the consumer. The Preston team didn’t analyze this data, but HP Engineers did, and they did notice a problem. Although the Preston production team tried to solve this problem, things didn’t change since instead of stopping the process and trying to work on a new line of papers, which were not curling, they put measures to try and incorporate some changes while production was still going on.

During this period Preston was facing a major crisis. Production was high, but still, they were incurring losses. The company was in the process of being acquired by Rendell. They decided to rescue the company by addressing the issues raised by HP. They revisited challenges brought up and went back to the drawing board. This was followed by a series of adjustments in the production processes of the company and new strategies were brought and also the company decided to do away with some of the products that had already been produced and start afresh.

All these changes started to bring positive results to the production process and eventually they were all in control, and this was noticed by HP. But the company was still making losses and it needed to win the Vector project. The team at Preston Company proposed a few things that would see the company turn around. Among this was the proposal not to stop the company process but to improve on its production by coming up with a statistical process control (SPC).

Also, it was important to cut down costs of the company. Although there were no formulae to do this since the company was running at a strenuous budget. Also, the company had to come up with a new line of products to give confidence to the market. This also was a solution to their financial needs, since the new products could target a wider market.

The plant’s processes eventually were brought under control. What were the main benefits of this?

Things were coming to control and this saw the rise in profits generated and also a renewal of the contract issued by HP.

SPC is an operational-level technique of ensuring quality conformance. How many of the benefits of bringing the plant under control would you class as strategic?

Some of the strategic decisions that were met included cutting down on the labor force by retrenching some staff members in order to reduce the expenditure on the salaries. Also, the idea of stopping production completely and going back to the drawing board since the company was running into losses every day due to the fact that the machines were not in production. But this was necessary because each and every single department needed to brainstorm new ideas on how to push on ahead and rescue the company from closure. Also, the idea of coming up with a new line of products was going to be costly but was necessary for the company to make a turnaround.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2021, May 17). Preston Plant's Challenges and Strategic Decisions. https://ivypanda.com/essays/preston-plants-challenges-and-strategic-decisions/

Work Cited

"Preston Plant's Challenges and Strategic Decisions." IvyPanda, 17 May 2021, ivypanda.com/essays/preston-plants-challenges-and-strategic-decisions/.

References

IvyPanda. (2021) 'Preston Plant's Challenges and Strategic Decisions'. 17 May.

References

IvyPanda. 2021. "Preston Plant's Challenges and Strategic Decisions." May 17, 2021. https://ivypanda.com/essays/preston-plants-challenges-and-strategic-decisions/.

1. IvyPanda. "Preston Plant's Challenges and Strategic Decisions." May 17, 2021. https://ivypanda.com/essays/preston-plants-challenges-and-strategic-decisions/.


Bibliography


IvyPanda. "Preston Plant's Challenges and Strategic Decisions." May 17, 2021. https://ivypanda.com/essays/preston-plants-challenges-and-strategic-decisions/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1