Reduce Unique ICDs by Redesigning the Product or the Process
The objective of this activity is to reduce the number of ICDs by reducing the occurrence of an ICD in producing a unit of Output, or by reducing the number of separate ICDs used in the Output. A unique ICD is one of the key activities in the work center's contribution to the final product (O). It is separate and distinct from any other activity in the work center. For example, the fastening of a part onto a subassembly and a quality control check of the subassembly would be unique ICDs.
C. Eliminate customer activities with low value to the customer
Reduce ICDs by eliminating activities for which customers either will not pay or will not pay enough to cover their costs.
3. Businesses
Poor fit with core
No. | Industry SIC | Year | Notes |
1 | 2011 | 1998 | ConAgra's current restructuring will increase efficiency and, combined with the divestiture of noncore businesses, generate sizable cost savings. |
2 | 3011 | 1987 | Firestone went through period of sales of divisions and subsidiaries in industries unrelated to the company's core tire business. |
3 | 3150 | 2003 | Coach was spun off from Sara Lee Corp, in an initial public offering in 2000, when that conglomerate decided that handbag maker was not a core business. |
4 | 3541 | 1997 | In 1989, Gleason began a major restructuring program to divest its non-core businesses, many of which were unprofitable. By 1994, Gleason had divested or ceased operations of all of its non-core businesses. |
5 | 3851 | 1996 | Bausch & Lomb consolidating and selling units to focus on three core businesses. |
6 | 3861 | 1999 | Kodak is selling off $8.9 billion in non-core assets such as Eastman Chemical Co and the copier business. |
7 | 3861 | 1997 | Kodak's CEO faces transforming complacent work force into adaptable force. Kodak sold all non-photographic businesses and separated digital-electronic imaging ops from its traditional photo division. |
8 | 3949 | 1991 | Coleman, facing stiff competition, sold off some unrelated operations, such as a heating and air-conditioning business, and closed down an obsolete factory. |
9 | 4513 | 1996 | KPN will sell TNT's unprofitable non-core businesses. |
10 | 4800 | 1996 | To focus on the coming shake up in the telecommunications industry, AT&T is spinning off telecom equipment and computer operations that account for a third of its sales. |
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