OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9780077835439
Author: Roger G Schroeder, M. Johnny Rungtusanatham, Susan Meyer Goldstein
Publisher: McGraw-Hill Education
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Chapter 1, Problem 10DQ
Summary Introduction
To determine: The challenges faced by the operations management in the future.
Introduction:
Operations management helps to determine the tools and information for the best business ideas and the implementations. It helps to improve the level of efficiency within the organization.
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To better understand the operations manager position, you need to experience it and make the types of decisions an operations manager would make. For your Unit 3 project, your challenge was to develop your own idea for a business. For your Unit 5 Project, your challenge is to use the information from your Unit 3 Project to develop a SWOT analysis on each major section of your hypothetical organisations operations and logistics; especially focusing on its ability to respond to disruptions. Based on these disruptions and your SWOT analysis, you must present recommendations for proactively sustaining your organisations competitive advantage. To prepare for this assignment: Reflect on your hypothetical organisations ability to respond to your researched disruptions. Identify methods for establishing traceability/visibility throughout the supply chain network of your hypothetical organisation. Reflect on ways to maintain a competitive advantage. To complete this assignment: Conduct a SWOT…
First off, why is it so important for students, interns, and business owners to get familiar with operations management?
How important do you think it is to handle the problems that arise between management and workers in the operations section of the business plan that you are now creating for your firm?
Chapter 1 Solutions
OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
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Similar questions
- Operational review procedures embrace the concept of conducting operations for economy, efficiency, and effectiveness. Provide a brief description of the ECONOMY aspect, and provide an example.arrow_forwardWrite a short paper on some of the challenges facing operations management in the future. Use newspapers, business magazines, or the Internet as your sources.arrow_forwardPolicies and standards are tools of governance and management, whereas procedures and guidelines fall within the purview of operations. Help a student who is unfamiliar with IT by explaining the principles behind the recommended practices and processes.arrow_forward
- To begin, why is it so important for new business owners, interns, and students to learn the fundamentals of operations management?arrow_forwardTo get things off, why is it crucial for students, interns, and new company owners to have a basic understanding of operations management?arrow_forwardMany organizations offers a combination of goods and services to their customers. As you learned in the week one, there are some key difference between production of goods and delivery of services. What are the implication of these differences relative to managing operations? Explain with examples.arrow_forward
- Many organizations offer a combination of goods and services to their customers. As you learned in Chapter 1, there are some key differences between the production of goods and delivery of services.What are the implications of these differences relative to managing operations?arrow_forwardOverview The purpose of this discussion exercise is to provide you with a forum to discuss your newly discovered production and operations management concepts considering current issues and real business situations. This is a practice ground for ensuring that your reasoning and foundation of these concepts are secure. This portion of the course requires you to interact with your fellow classmates and critique their submissions. Note that all these topics refer to the Operations function of a business, to manufacture a product or create a service. We all know that these topics may be used in other business functions, such as in marketing or finance, but for the discussions in this course, please focus on Operations examples and articles. Refer to this sample format for an article analysis Title of the Analysis /concept being applied ☐ Start with a definition of the concept from the text book and how it applies to the news article. Be sure to include a description of how operation…arrow_forwardIn Chapter 9 after learning about the Total Quality Management (TQM) strategy. Please discuss how TQM should be implemented in a company to improve its operations.arrow_forward
- In order for students, interns and entrepreneurs to be successful in their jobs, they must be conversant with operations management.arrow_forwardHow do you think you can apply the tools and concepts that you learned in the Operations Management course in your own area of study? Please be as specific as possible. Area of Study: Healthcare Management or Business Administrationarrow_forwardThe ability to effectively manage uncertainty and risk is an essential part of operations management. Using an organization of your choice, illustrate and then evaluate in a global context how risk can be managed for your chosen organizationarrow_forward
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