How often should a company develop and rei ne the operations and supply chain strategy?
Q: Should we have proper operations management ?
A: The operations management should be done properly by using the various principles of management as…
Q: What are the performance objectives and do they affect operations?
A: Performance objectives are the objectives that helps the firm to add value for the customers and…
Q: Discuss what is variety and variation in operations management?
A: Variety is a concept that is based on a product's capacity for rapid adaptation.
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: How can sustainable operations methods be planned? What procedure?
A: A backup is a copy of a system's data, and a recovery is the ability to restore the data backup to…
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: operations
A: The act of managing all activities and tasks that must be completed in order to maintain a…
Q: WHAT are OPERATIONS AND SUPPLY CHAIN STRATEGY?
A: The operations and supply chain strategy is the broad set of policies and plans to ensure that the…
Q: What Is Operations and Supply Chain Management?
A: Operations can be defined as the method or process of managing the business in an effective and…
Q: How can this case be related to operations strategy and process design concepts
A: This case illustrates the importance of getting a well-designed process and operations strategy. The…
Q: What are the advantages of Customer directed operation?
A: They track their exhibitions and plan forward for client acquisition in order to increase their…
Q: When Operations Consulting Is Needed?
A: It is a field of management consulting specializing in developing operational and business…
Q: Explain the term "balanced scorecard" in a few words. What does it have to do with a business's…
A: Businesses utilize strategic management planning mechanisms to decide precisely where their…
Q: Is there a difference between capacity planning strategy and capacity planning technique in…
A: The process of determining the resources required by manufacturers to meet demand for their products…
Q: When Are Operations Consultants Needed?
A: Operations consulting is well-defined as the procedure by which establishments hire counselors who…
Q: Identify how changes in the external environment affect operations management strategy for a…
A: Change the executives is exceptionally basic and would influence all parts of the organization…
Q: Discuss with examples the current issues faced by operations management. Suggest ways to resolve…
A: Operations management is a broad field and so each of its processes has different goals, methods,…
Q: State and explain two features of a product that defines the quality in operations strategy
A: To be introduced: two features of a product that defines the quality in operations strategy
Q: What are the end of life's program in operations ?
A: When a specific material arrives the customer's hand, it is deemed to have reached the end of its…
Q: What are the reasons for formulating and implementing an operations and supply chain strategy
A: Many businesses believe they do not need to consider their supply chain plan. However, having a…
Q: What is the role of Operations Analyst?
A: Operation analyst is responsible for identifying and solving the issue that occurs in the daily…
Q: What are the major priorities associated with operations and supply chain strategy? For each major…
A: There are some major priorities associated with operations and supply chain strategy: cost, quality…
Q: How would you determine whether a company has an operations and supply chain strategy? What specific…
A: Operations and Supply chain Management involves strategy of the operations part of the business and…
Q: Why does the correct operations and supply chain strategy for world-class rivals keep changing?
A: It's important for a company to be able to adapt rapidly to shifts in demand in today's competitive…
Q: What are the important inclusions/topics/section in an Operations plan?
A: Planning is the process that is done in advance which states that what is to be done, how that is to…
Q: What are the steps involved in preparing an Operations plan?
A: OPERATIONAL PLANNING: The process of setting short range objectives and determining in advance how…
Q: Discuss the key aspects of operations management decisions making?
A: The operation manager is critical in terms of decision-making and planning. Significant…
Q: Describe the major priorities associated with the operations and supply chain strategy and the way…
A: To be determined; the major priorities associated with the operations and supply chain strategy and…
Q: What activities do the operations involve?
A: The operation function is a business function that encompasses both production and operations…
Q: What are the reason why productivity is difficult in a service industry?
A: Services are transactions that the customers consume immediately after their production in…
Q: What are the benefits of directing operations to the customer?
A: They examine their exhibition and plan for customer acquisition to boost their profitability rate.…
Q: How can you decide if an organisation has a supply chain plan and operations? What basic questions…
A: An operations strategy is an arrangement identified with the tasks part of the business which is…
Q: How do supply chains for service organizations differ fromsupply chains for manufacturing…
A: Supply chain management encompasses both the methods of converting raw materials into finished…
Q: How often should a company develop and refine the operations and supply chain strategy?
A: Operations and supply chain strategy helps to set the broad policies and plans for the optimal use…
Q: Explain Customer-directed operations?
A: In the customer directed operations, each and every corporate operation is externally directed to…
Q: Listing and discussing a number of typical operations that would take place in a manufacturing firm…
A: Operations management is all related to the business practices that create the highest level of…
Q: How does Six Sigma fit into operations strategy?
A: SIX SIGMAS is a business management strategy.
Q: hich are the reason for formulating and implementing a operation and supply chain strategy?
A: THE ANSWER IS AS BELOW:
Q: State contemporary challenges facing operations and supply chain manager ?
A: Operations control is the procedure of optimising a business's systems and processes. Profitability…
Q: Define the term responsiveness in operations?
A: Responsiveness: The capacity of the supply chain to respond purposefully and within a reasonable…
Q: What are the effects of trade-offs for operations improvement and how does it relate to efficient…
A: The trade-off principle states that if there is an improvement in one place then a considerable…
Q: Explain and describe who need to be involved in organization's strategy in operations management ?
A: Strategy: It refers to the Decisions which are taken by the managers to make an organization move…
Q: What is a break even analysis in operations management ?
A: Fixed costs are long-term investments in fixed assets such as the cost of the land, machinery, and…
Q: What are six examples of how can you determine what aspects of an organisation’s operations need to…
A: 91 percent of customers who were not happy, will never purchase from you ever again. The number one…
How often should a company develop and rei ne the operations and supply chain strategy? |
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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?
- Explain the major priorities associated with the operations and supply chain strategy and the way the relationship has changed over the years ?WHAT are OPERATIONS AND SUPPLY CHAIN STRATEGY?Describe the major priorities associated with the operations and supply chain strategy and the way the relationship has changed over the years ?