Explain the problem faced by Koito Industries Ltd. Identify and explain how other companies were affected by Koito's problem.
Koito as sparepart supplier faced problem of unethical management structures where managers purposely manipulated computers where testing authorities could not undersdand the testing standards for manufacturing of airline seats and hence all figures were of past data and evennew data was modified such a way that testing agencies could only see sophisticated numbers. Koito failed to conduct tests and procedures for delivery of passenger seats to Airline companies like Boeing.
As results various crashes in airline industry as seats were inflammable and missed quality control testing procedures and compliance protocol. This in turn affected customers sentiment and led to slump in revenues and sales for airline industry specially in Japan.
Explain the problem faced by Koito Industries Ltd. Identify and explain how other companies were affected...
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Supply chain 2 B The Importance of Supplier Management and Measurement: Koito Industries Ltd Sometimes it is not enough to merely have a supplier performance measurement system in place. The buyer must also ensure that the performance data is accurate and all encompassing. Any given supplier may be able to manipulate or falsify the product performance data that it provides to its customers. Koito Industries Ltd, a Japanese aircraft seat supplier based in Yokohama, admitted to irregularities in certain safety...