University of Twente Student Theses
Analysis and recommendations to improve the Request for Quotation process
Smit, Colin (2024) Analysis and recommendations to improve the Request for Quotation process.
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| Abstract: | The purpose of this research is to find out if and how the RFQ process at Gits Mfg. Co. can be improved, by analysing previously executed quotation process. The current problem with the RFQ process at Gits Mfg. Co is that the lead time of the process is too long, on average. For competitive and internal strategical advantages the process is subject to improvement by eliminating waste in the process. These processes are manually worked on by employees of multiple departments, making these quotation processes multidisciplinary. Currently the process has an average Lead Time of 794.426 working hours, which is too long for the company. The data analysed is collected out of 16 executed quotation processes. From these collected data, calculation regarding averages and standard deviations were made to give a general overview of Lead Times for the different steps executed in the quotation process. The findings are based on completion dates of deliverables in the process and are not available in this document regarding confidentiality. To support the findings in this research, as well as the conclusion and the recommendations, literature research was conducted and references are listed. |
| Item Type: | Essay (Bachelor) |
| Clients: | Power-Packer, Oldenzaal, Netherlands |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 58 process technology |
| Programme: | Industrial Engineering and Management BSc (56994) |
| Link to this item: | https://purl.utwente.nl/essays/98389 |
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