Finance

Week 4 Assignment (DRAFT)

Prior to beginning work on this assignment, review the Eliminating the Seven Deadly Wastes article. https://www.proquest.com/trade-journals/eliminating-seven-deadly-wastes/docview/2328344502/se-2?accountid=32521

For this assignment, select a company with which you are familiar, preferably one where you have been employed (United Parcel Service UPS or the U.S. Department of Defense), and consider a process within that company that could be improved. This could be a business process, a manufacturing process, a distribution process, or a service process that you have observed or been involved with during your career.

Using your course textbook and University of Arizona Global Campus Library research, prepare a recommended process improvement proposal that incorporates tools and methods learned in this course.

In your paper, you should

· Describe the company and how the selected process fits into the overall framework of the company.

· Create a step-by-step description of the current process incorporating a process flow chart.

· Analyze the current process for inefficiencies.

· Develop a process improvement recommendation including a detailed plan incorporating business process engineering theory and including benchmarking the reengineered process to a close business competitor.

· The process should be designed to be more efficient, using appropriate tools and methods learned throughout the course, including capacity utilization improvements and statistical quality control models.

· Explain possible challenges in implementing the process changes.

· Assess the expected benefits of the improved process and the potential benefits.

The Process Improvement paper

· Must be five to seven double-spaced pages in length (not including title and references pages and formatted according to APA Style

· Must include a separate title page with the following:

· Title of paper in bold font

· Space should appear between the title and the rest of the information on the title page.

· Student’s name

· Name of institution (University of Arizona Global Campus)

· Course name and number

· Instructor’s name

· Due date

· Must utilize academic voice. See the Academic VoiceLinks to an external site. resource for additional guidance.

· Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.

· Must use at least two credible or scholarly sources in addition to the course text.

· Must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your Paper.

· Must include a separate references page that is formatted according to APA Style as outlined in the Writing Cente