Operations Management, Binder Ready Version: An Integrated Approach
6th Edition
ISBN: 9781118952610
Author: R. Dan Reid, Nada R. Sanders
Publisher: WILEY
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Textbook Question
Chapter 2, Problem 1.1CQ
Why is the operations function important in implementing the strategy of an organization? Explain why the changes put in place by Victoria Chen and her team could either hurt or help the bank
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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…
Think of a Service or
manufacturing organization of your choice and list down the main operations being performed in that organization.
Note: First write the core business of that organization, (for example, Bank, the core business of a Bank is to fulfill the financial needs of individuals and businesses) and then its main operations performed.
Consider a manufacturing or service company of your choice, and make a list of the primary tasks carried out there. Note: First write the core business of that organization, (for example, Bank, the core business of a Bank is to fulfill the financial needs of individuals and businesses) and then its main operations performed.
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Operations Management, Binder Ready Version: An Integrated Approach
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- In carrying out operations and finances in a business, entrepreneurs usually review again decide on operational and financial activities. From these conditions, then: 3. Analyze the Harvesting method that you think is most appropriate for your business(bag business) going forward, give the reason.arrow_forwardExplain the definition of an assets that makes a business model in operations strategy ?arrow_forwardProvide the three levels of planning that involve operations managers and the kinds of decisions made at each level (please give specific examples of each):arrow_forward
- Describe the flow of the food service systems? how it is important to be used in the food service industry.arrow_forwardIn the context of operation management How can organizations address resistance to change during Enterprise Resource Planning system rollouts?arrow_forwardHow can organizations balance the conflicting goals of cost minimization and customer satisfaction in operations?arrow_forward
- Nakumatt Supermarket collapsed because of adopting a wrong strategy. Discuss this in relations to SWOT analysisarrow_forwardWhat problem do you see with using the chain ratio method for predicting demand?arrow_forwardA contractor of a fast food giant failed to deliver the expected output of an inventory systems upgrade. This resulted in more than 70 branches closing due to inventory problems. It compromised the sales for the month. What do you think were the potential opportunities opened up to other players in the fast food industry?arrow_forward
- What is the value chain analysis? What does the gain firm when they successfully uses this tool?arrow_forwardWhy should Operations Management be taught in course curriculum of BBA? What is OM all about? Why is it important?arrow_forwardHi there can you please assist on the following question below You have been recently appointed as a Purchasing Manager at Unilever. The director has mentioned that the organisation has recently been experiencing uncertainty in demand and there is currently no available capacity. As such, he is unsure whether he should make or buy the new range of cleaning detergents. Differentiate between insourcing and outsourcing. Discuss at least two circumstances favouring buying (outsourcing) and at least two circumstances favouring making (insourcing). Based on your discussion of the circumstances favouring outsourcing and insourcing as well as the restrictions outlined by the Director, identify whether the cleaning detergents should be outsourced or insourced. Justify your answer by discussing at least two key points. Identify any two potential drawbacks that Unilever could face given their choice of sourcing method.arrow_forward
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Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY