Describe the five main decisions made by operations and supply chain managers.
Q: Identify similarities and differences between production and service operations.
A: Production and service operations are the two cores of the manufacturing of products and services.…
Q: Explain briefly what is a tran shipment node in operations management
A: This same term "Transshipment Node" describes the process of removing items by one cargo vessel and…
Q: Explain what is meant by operations management in general
A: Operations management is the administration of the organization's numerous operations. The…
Q: Why is management of operations critical in all types of companies?
A: The administration of all tasks involved in the production of goods and products is known as…
Q: Explain the major priorities associated with the operations and supply chain strategy and the way…
A: The process of getting a product or service to a consumer is called a supply chain. Moving and…
Q: Specify the five major decision responsibilities of operations and supply chainmanagement?
A: The five major decision responsibilities of operations: Design of Goods and Services. Quality…
Q: Explain the 5 main decision made by operations and supply chain manager?
A: The supply chain is a network of distribution points responsible for acquiring raw materials,…
Q: Provide an assessment of what the FIVE (5) performance measures in operations and supply management
A: The supply chain is the system of processes, employees, resources, and technologies that help to…
Q: What is a primary function of an operations manager.
A: Operations manager is a key part of a management team who manages high-level Human resource duties.…
Q: Identify the elements of operations and supply chain management (OSCM).
A: Operations management would concern about the production of products and services and it manages the…
Q: Identify Three Current Trends In Operations Management And Describe Them. How Do You Think They Will…
A: Management of operations is a field of management which is concerned with the design and control of…
Q: Explain what do operations and supply chain managers do
A: The below are the roles and responsibilities of a director of operations and a procurement manager:
Q: Know the potential career opportunities in operations and supply chain management.
A: Potential career opportunities are: operations manager production analyst production manager…
Q: Discuss the key success factors of operations management
A: Any business, regardless of good or service focus, should have an effective action plan. Operating…
Q: Define the terms operations management and supply chain
A: Though both operations management and supply chain are closely related they have few differences.…
Q: What is the difference between operations management and supply chain Management?
A: Management refers to a process of achieving goals by coordinating tasks within different…
Q: When does the design's quality get assessed in operations management
A: The level of performance which that producer or practitioner hopes to get from the consumer is…
Q: Why do we study Operations management
A: Operations management is a branch of management that ensures that the business activities of the…
Q: What is the operations strategy of Ryanair? Give examples of its activities that helps it achieve…
A: A business strategy is defined as the set of objectives that an enterprise must achieve to overcome…
Q: Describe how the operational linkages might differ by relationship type.
A: Buyer seller relationship is a practical and realistic part of operations that directly impacts the…
Q: State how the decision making an important element of operations management ?
A: Operations management is the management in which operations of production and redesigning processes…
Q: The eight operations and supply chain competitive dimensions.
A: What is Economic/Competitive Dimension:- 1.Concern for obtaining and the executives of monetary…
Q: What are the five most important choices that operations and supply chain administrators make?
A: The supply chain is a distribution network that performs tasks such as procuring raw materials,…
Q: What are the most important factors that could influence Canon's adoption of supply chain technology…
A: In a commercial organization, the supply chain is the method by which commodities and services are…
Q: Explain what is the advantages of re-engineeried pruchase system in operations management
A: Reengineering the procurement strategy entails overhaul and reworking the trying-to-purchase…
Q: Identify four people who have contributed to the theory and techniques of operations management.
A: Managing operations of the business has become much easy than the earlier period. It was only…
Q: Identify the latest trends in operations management, and understand how given these trends, firms…
A: Managers in every organization have lots of responsibility to run the operations, they have to make…
Q: Explain the reasons for formulating and implementing an operations and supply chain strategy
A: Different associations assume they are exempt from the requirement to analyze their supply chain…
Q: What is Categorizing Operations and Supply Chain Processes
A: Every organization has various operations processes to run its operations on an everyday basis, the…
Q: Explain method of elimination briefly by guass Jordan in operations management
A: Gauss-Jordan Eliminating is a specialized form of Gauss Elimination. Gauss Jordan elimination seeks…
Q: Discuss how can the operations manager enhance the ratio of outputs to inputs ?
A: The ratio of outputs to inputs controls the supervision of the production system. It is a…
Q: 5. How operations management is related to Supply Chain
A: Operation management is the process or activity in the management that takes place to design and…
Q: Discuss why should one study operations management
A: Operational management is the technique in which production, production and service delivery are…
Q: Explain the key aspects of operations management decision making.
A: The operation manager plays a vital role in decision making and planning. The decision making…
Q: Evaluate productivity in operations and supply chain management.
A: Productivity is described as the measure of efficiency and it is not about how much is produced but…
Q: State and explain how the decision making an important element of operations management ?
A: Management of operations is critical, as operations are used in practically every business. They are…
Q: Explain and define the term operations management
A: Previously known as process improvement, operations management originated in manufacturing.
Q: Briefly describe the terms operations management and supply chain.
A: Operations management is the one which dealt with planning, supervising and organising in relation…
Q: Explain the affects of outsourcing in operations
A: Outsourcing effects:
Q: BRIEFLY DISCUSS AND DESCRIBE THE TERMS OPERATIONS MANAGEMENT AND SUPPLY CHAIN
A: Operations management is defined as the actions and decisions taken by the participants and members…
Q: Discuss whether any other firms have a market influence in operations management
A: A value chain for which there is an only seller supplying a one-of-a-kind product. The vendor is…
Q: Distinguishing Operations versus Supply Chain Processes
A: Operations is an overarching area of management of business processes and systems across functions…
Describe the five main decisions made by operations and
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- Recognize the major concepts that defi ne the operations and supply chain management field.What are the five most important choices that operations and supply chain administrators make?Identify the latest trends in operations management, and understand how given these trends, firms can address the challenges facing operations and supply chain managers in a firm.