TRIUMPH MOTORCYCLES

Group 20
 ‘4VS’ ANALYSIS

LOW VOLUM HIGH

E

HIGH VARIET LOW

Y

HIGH VARIATION LOW

HIGH VISIBILITY LOW

PROFILING OPERATIONAL PRIORITIES

Cost
5
4
3
2
1
Speed Quality

Flexibility Dependability
"DEMAND VARIATION OF TRUMP MOTORCYCLES (2015-
2023)"T
• ANNUAL DEMAND TRENDS: SHOWCASES
DEMAND CHANGES FROM 2015 TO 2023.

• PEAK AND DIP: HIGHLIGHT 2023 PEAK AND

2020 DIP

• KEY CHANGES: NOTABLE INCREASES IN 2018

AND 2021.

• MARKET DYNAMICS: REFLECTS CONSUMER

PREFERENCES AND MARKET IMPACT.

• GROWING POPULARITY: SUGGESTS

INCREASED POPULARITY IN RECENT YEARS.
 Capacity Management Strategies
1. Demand forecasting

One of the most important capacity management strategies for Triumph Motorcycles is demand forecasting. This involves using a variety of data sources to predict future demand for its motorcycles.

2. Inventory management

Triumph Motorcycles also has a sophisticated inventory management system in place. This system helps the company to track its inventory levels and ensure that it has the right parts and materials on
hand to meet production needs. The company also uses just-in-time (JIT) inventory management, which means that it only orders parts and materials as needed.

3. Production planning

Production planning is another important capacity management strategy for Triumph Motorcycles. This involves scheduling the production of motorcycles to meet demand.cy.

4. Supply chain management

Triumph Motorcycles also has a strong supply chain management system in place. This system helps the company to source parts and materials from its suppliers in a timely and cost-effective manner.
The company also works closely with its suppliers to ensure that they are able to meet its quality and delivery requirements.

.
 TRIUMPH MOTORCYCLES - QUALITY CONTROL
PROCESS
THIS PROCESS BEGINS WITH THE DESIGN AND ENGINEERING OF THE MOTORCYCLES, AND IT CONTINUES THROUGHOUT THE MANUFACTURING PROCESS.

Some of the evidence of quality control that can be observed in the Triumph Motorcycles factory include:

⚬ A focus on prevention: Triumph Motorcycles uses a number of preventive quality control measures to prevent defects from occurring in the first place. These measures include:Design for manufacturability (DFM): This is a process of designing products that are
easy to manufacture and assemble. DFM helps to reduce the number of defects that occur during the manufacturing process.

￭ Process control: Triumph Motorcycles has a number of process control measures in place to ensure that its manufacturing processes are consistent and produce high-quality motorcycles.

￭ Inspection and testing: Triumph Motorcycles also uses a number of inspection and testing measures to identify and correct defects. These measures include:Incoming inspection: All incoming parts and materials are inspected to ensure that they meet Triumph
Motorcycles' specifications.

⚬ Final inspection: All finished motorcycles are inspected to ensure that they meet Triumph Motorcycles' quality standards.

There is also evidence that shop floor staff are involved in process improvement at Triumph Motorcycles. This includes:

⚬ Employee involvement: Triumph Motorcycles encourages its employees to get involved in process improvement. The company has a number of programs in place to encourage and support employee involvement in quality improvement, such as:Suggestion boxes:
Employees are encouraged to submit suggestions for process improvement.

⚬ Quality circles: Quality circles are groups of employees who meet to discuss and implement process improvement ideas.

In addition to these formal programs, Triumph Motorcycles also encourages its employees to informally identify and suggest improvements to the manufacturing process. The company's culture of continuous improvement is evident in its willingness to listen to and
implement employee suggestions.