Determine the key components of supply chain management

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Reference no: EM133199730 , Length: Word Count: 8 Pages

BUS 515 Operations Management Assignment - Vice President of Operations Paper, Strayer University

Evaluate two to four (2-4) weaknesses that are evident in the selected organization's product life cycle. Generate a new product design and product selection, and then determine three (3) strategies that the organization needs in order to strengthen the operation. Provide support for the rationale.

Determine the key components of supply chain management for the company you have selected. Determine three (3) major issues that could affect the structuring, sourcing, purchasing, and the supply chain of your organization. Provide a solution to each issue.

Develop a total quality management tool that identifies and analyzes any future issues. Provide a rationale for developing the selected tool.

1. Analyze three (3) advantages in employing the just-in-time philosophy in your organization. Evaluate three to five (3-5) means in which the philosophy could potentially impact quality assurance. Provide specific examples to support your response.

2. Determine a qualitative and quantitative forecasting method for your operation. Next, create a table in which you identify the characteristics of the operation that relate to each method. Evaluate the strengths and weaknesses of each method.

3. Go to research strayer website to locate 3 quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources

Learning Outcomes - The specific course learning outcomes associated with this assignment are:

LO1. Determine the key components of supply chain management including structuring, sourcing, purchasing, and managing the supply chain.

LO2. Examine how the total quality management process is a strategy for a competitive advantage in the marketplace.

LO3. Identify the key elements of just-in-time manufacturing and its impact on quality assurances.

LO4. Develop a forecasting method appropriate to a production or service operation.

LO5. Use technology and information resources to research issues in operations management.

LO6. Write clearly and concisely about operations management using proper writing mechanics.

Reference no: EM133199730

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