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Running head: Analysis Panasonic Company and business profile 1

Analysis of Panasonic company and business profile

Prasansa Shrestha

BUS: 601 Operations Management

2017/6/12

Mr. Rabindra Silwal

Presidential Business School

Westcliff University
Running head: Analysis Panasonic company and business profile 2

Abstract

This main idea of this paper is to concentrates on one of the top electronic organization

i.e. Panasonic which makes diverse items. Additionally this paper talks about the operation

techniques used as a piece of this company. To keep up its top position in the market it has been

focusing on 4 key strategies. Close to, this paper likewise incorporates store network completed

by Panasonic has showed up nearby the talk of how every utilitarian extents are interconnected

and centered. At last, issues as for stock system organization and a couple of plans are prescribed

in this paper.
Running head: Analysis Panasonic company and business profile 3

Introduction :

Panasonic Corporation, one of the world's biggest electronics makers, was

established as Matsushita Electric Industrial Co. Ltd. in 1918. The organization was renamed to

Panasonic Corporation in 2008. Panasonic offers an extensive variety of items and

administrations including home machines, TVs, PCs, cell phones, sound gear, cameras,

broadcasting hardware, projectors, car gadgets, and cell phones. It has developed to wind up

plainly one of the biggest Japanese electronics makers close by Sony, Hitachi, Toshiba and

Canon Inc.. Notwithstanding gadgets, it offers non-electronic items and administrations, for

example, home redesign administrations. Panasonic is the world's fourth-biggest TV producer by

2012 market share.

Panasonic has an essential posting on the Tokyo Stock Exchange and is a constituent of the

Nikkei 225 and TOPIX records. It has an optional posting on the Nagoya Stock Exchange.

Panasonic begins with a yearning to make things of significant worth. As diligent work and

commitment result in one inventive item after another, the juvenile organization makes its

initially strides towards turning into the hardware goliath of today. The organization traverses

different fields: Its shopper business comprises of AVC (audio, video, and correspondences)

gear, alongside equipment and programming for connecting it together, and home apparatuses

(washing machine, vacuum cleaners, individual prepping helps, and business HVAC). In the

field of gadgets, Panasonic covers mixed media and eco-auto gear, modern electronic segments,

and batteries. The organization's answers hardware targets ecologically still, small voice

organizations, producers, and human services firms.

1. Operations identified in Panasonic Company


Running head: Analysis Panasonic company and business profile 4

As, Panasonic Company is a gathering association, it plays out operational exercises. It

has been contributing clusters of its push to realize its business procedures sufficiently.

One of its strategies is Operational splendor and generally this system has gone for extending the

general business advantage, capability and to keep up a strong position in the market. In ask for

to achieve operational heavenliness, it has been completing Six Sigma approach which focuses

on change, abatement of wastage and control. Further, it has furthermore completed Lean

gathering technique . It has moreover made various leveled culture in which each one of the

laborers take an intrigue and it has been thoroughly focusing on the headway of capable

organization gathering. By executing all these authoritative approach, it has ended up being

productive consistently. There has been augmentation in the capability, reduce in the operation

cycle and diminishing of creation cost.

Moreover, it has contributed an impressive measure as a segment progression

technique with a particular ultimate objective to develop new things. It is focusing more on

developing new things that are all around arranged to the earth. In like way, remembering the

ultimate objective to develop its bit of the general business universally. This has helped in cost

diminishment concerning creation, enhance era restrain and reasonably utilize channel of

dispersal. It has in like manner broadened its gathering plants and organization workplaces to

various countries remembering the true objective to cover the extensive markets areas. Another

arrangement of Panasonic is related to acquisition and association together so it can manufacture

its market closeness, offer different things, and upgrade advantage. This has helped it to grow

logically and joining of its business.

2. Aspects of Supply Chain Management and Process Design


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While developing a thing, it requires loads of unrefined materials. Along these lines, it

gets rough materials from huge number of suppliers. Remembering the true objective to suitably

manage its stock system, it has its own specific claim to fame unit i.e. The Sensors and Fluid

Management System. This strength unit responsible for store arrange organization which infers it

focuses on fortunate supply of rough materials, stock organization and availability of parts at the

ideal time and perfect place. Talking about the system arrange, Panasonic is a gathering

association along these lines, it is incorporated into changing over wellsprings of data i.e. last

thing. It has been executing mechanical generation framework get ready and moreover cluster

handle keeping in mind the end goal to manufacture homogenous things and some changed

things. For this, Panasonic has contributed a gigantic capital as it requires enormous device and

human push to make last things.

3. Problems that can arise in Panasonic Company

For an association to be productive, the dominant part of its subject matters need to work

in a proper way. There is a between relationship between all the valuable workplaces.

Consequently, in case of Panasonic, there is a honest to goodness coordination and blend

between all the helpful divisions. Since, it is an overall association, it has had the ability to

honestly administer and keep up agreeable relationship among suppliers, delegates and

customers. This support and compromise has incited a successful operation.

Likewise, when we look from the high standard view point, we can see a couple sorts of issues as

for stock system organization. Some of them are recorded stated as:

In occasion of decreasing enthusiasm for things created by Panasonic, there can be

plenitude supply provoking diminishing of cost and reduction of general advantage.


Running head: Analysis Panasonic company and business profile 6

One of the arrangement of Panasonic is getting of new business in any case, significant

number of acquirement may provoke inadequate creation organize organization.

Expansion of amassing workplaces may not be a brilliant idea in future as there can be

absence of human resource which will provoke put off in progress and rise in cost of era.

Mostly, people are asking for progressively money which direct extends the expenses.

Along these lines, laborer turnover extent can be high and stock system can back off.

Due to the high competition, it may be difficult to adjust to the changing business

condition by dropping down the cost of creation and extending profitability

Where there is an issue, there is reliably an answer. Besides, a bit of the responses for already

said issues can be according to the accompanying:

It should look for changed countries to open creation workplaces, for instance, India

where work and diverse costs of era are low. This would keep up adequacy in the

creation.

Panasonic should constantly focus on progression thusly, it need to spend more on extra

on inventive work and new thing change.

Panasonic should alter new progressions at whatever point they are familiar all together

with remain at the top later on as well.

In ask for to keep up a key separation from new troublesome laws of remote countries, it

should tie up with its own specific country's organization and demand offer help.
Running head: Analysis Panasonic company and business profile 7

Conclusion

In any of the electronics company, an electro-mechanical thing or device changes

electrical imperativeness into mechanical essentialness. Panasonic, is the association which

makes electronics products. Panasonic has 4 crucial business frameworks methods that are

operational enormity, improvement, and securing and augment bit of the general business.

Remembering the true objective to achieve operational greatness, it has been executing six sigma

approach which focuses on change, decline of wastage and cost. Moreover, Panasonic, has

contributed an extraordinary arrangement as an area progression methodology in order to

develop new things.

Also, remembering the ultimate objective to augment its bit of the general business universally, it

has been working in various countries. Panasonic company has in like manner adequately

secured numerous associations. Remembering the true objective to suitably manage its

generation organize, Panasonic, has its own particular strength unit. There are a couple issues

that are being gone up against by Panasonic and it has been endeavoring to deal with these

issues.
Running head: Analysis Panasonic company and business profile 8

References

Retrieved from https://search.proquest.com/docview/216859358?accountid=158986

Stevenson, W. J. (2009). Operations management. New Delhi, Tata McGraw Hills

D&B Hoover's http://www.hoovers.com/company-information/cs/company-

profile.Panasonic_Corporation.d06ee749b8495923.html

http://www.zapmeta.ws/ws?q=panasonic%20company%20information&asid=ws_gc8_01&mt=b

&nw=g&de=c&ap=1t1

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