Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

For this assignment, you will choose a company with which you are familiar. You are encouraged to choose a company for which you currently work or have worked, but you may choose some other firm if you believe it will be a compelling analysis.

You may choose one area of the company, such as a manufacturing plant or product design, to focus on if you can make a strong case. Your recommendations should have the following features.

Repeatable: If you "fix" three things in a manufacturing plant, you should be able to tackle the "next" three in iteration.

Scalable: If they work in one plant, they should work in all of them.

Replicable: Your process for improvement should be repeatable in different, disparate parts of the organization.

This is a key initiative at the "C" level, and your recommendation will reach the board of directors.

Your paper must include the following sections:

Strategic Overview: (1 page)

Provide a brief description of the following elements:

The company, including its products or services

Marketing strategy: target market segments, value proposition, market position, and source of competitive differentiation

Organizational structure

Any other relevant facts

Analysis of the Supply Chain: (4 pages)

Analyze the supply chain for your identified company by explaining the following key elements of the supply chain:

Identify key inputs, including less tangible assets, such as human resources and information. How are these key inputs sourced, reconfigured into a product or service, and delivered to your customers?

Identify the key processes that add value, and evaluate the supply chain performance relative to the competition. What are the key inputs for each process? How are these inputs processed or configured into the final offering for your customers?

What is the value added at each step?

What is the role of information technology and e-commerce in serving your customers?

What are the key performance measures for evaluating your supply chain?

Research online sources to explain how the performance on these measures compares to that of your competitors?

Plan to Improve Operating Processes: (3 pages)

Create a plan for improving the performance of three specific operating processes in your company. Your plan should address the following:

Identify three elements of the supply chain that you recommend as targets for improvement.

State the performance improvement opportunity for each element, and indicate how it will improve process speed, quality, efficiency, and productivity.

Explain what specific action or change you recommend for each supply chain element selected.

Explanation of the Results of Performance Improvements Regarding Product or Service: (2 pages)

Explain the following:

How will your product or service be improved as a result of these changes to the supply chain activities?

How are you altering the specific features or attributes of your product or service?

Why are these specific changes important to your customers?

How do these changes enhance the value proposition and competitive position of your company?

What lasting capabilities and improvement are you introducing into your company through these changes?

How will you measure the scope and impact of your improvements? What are your key performance indicators?

Assessment of the Impact on Human Resources: (1-2 pages)

Detail how your plan impacts your company's HR and human capital strategy by explaining how the organization's structure supports the new process configuration you are recommending. Your response should address the following questions:

Are the roles and responsibilities in your organization properly defined and aligned to enable these changes? Who will perform these new/modified process activities, and what changes to their jobs do you anticipate?

Is decision-making authority assigned so that the process changes you propose can be implemented and properly managed under the current structure? Who will own the process and the results? Based on the current structure, will they have the authority to make changes as necessary?

Are the individuals with the right skills in place to implement these changes? If not, how will you attract the talent necessary to implement your changes? How will you retrain the existing employee base? How will you handle attrition? How will you reduce the risk of impacted protected classes?

Changes:

Explain changes to the compensation and incentives at your company that are necessary to reinforce your recommendations and increase efforts for continuous improvement throughout the organization. Explain how your plan motivates employees, customers, and suppliers better.

Write an 5-pages paper in Word format. You may rearrange the above sections if it improves the quality of your paper. Apply APA standards to citation of sources.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92855203
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Operation Management

Interview a classmate or friend or family member of the

Interview a classmate (or friend or family member) of the other gender about the way he or she most likes to enjoy nature, or to describe his or her most memorable experience in nature, or to describe the aspect of being ...

Best buy is the largest consumer electronics retailer in

Best Buy is the largest consumer electronics retailer in the United States, accounting for 19 percent of the market. Globally, it operates around 4,000 stores in the United States, Canada, Mexico, China, and Turkey. Its ...

You are the ceo of flower power inc a fast growing chain of

You are the CEO of Flower Power, Inc., a fast growing chain of 100 florist shops based in the Southeastern United States. The company opened for business 5 years ago with just 20 employees and now has over 1500 employees ...

1 need help coming up with a detailed resource sheet for an

1. Need help coming up with a detailed resource sheet for an indoor sports complex. This is for a project management assignment. The sports complex would have a basketball court, tennis court,Volleyball, and weight room. ...

1 how is batna best alternative to a negotiated agreement

1. How is BATNA (Best Alternative to a Negotiated Agreement) used in negotiations? 2. How can negotiators deal with the other party's use of deception? 3. Explain the strategies and tactics standards in negotiation.

1- one advantage of a is that it lsquobroadens individual

1- One advantage of a ________ is that it ‘broadens individual outlook?’ A. Professional incentive B. Individual incentive C. Benefit D. Executive incentive E. Group incentive 2- In the 1940s, a survey revealed that what ...

1 how do countries economies gain from international tradea

1. How do countries' economies gain from international trade? a. Citizens should buy only those products that are produced domestically. b. Since it is of interest to domestic producers, countries benefit from internatio ...

1 does a nonprofit have an ethical responsibility not to

1. Does a nonprofit have an ethical responsibility not to violate its volunteers’ psychological contracts? Why or why not? How can a nonprofit try to avoid breaches of the psychological contract? 2. What are the definiti ...

A small firm has developed a new machine to manufacture

A small firm has developed a new machine to manufacture steel canisters. The machine is a considerable improvement over the ones currently available in the market in terms of size and noise suppression. If the company’s ...

Course project1 you are going to research two local hotels

Course Project 1. You are going to research two local hotels. You will need to call or visit the two properties. In addition make sure you research the hotels website and find the response to the following questions in d ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As