How supply should be integrated to corporate strategy

Assignment Help Microeconomics
Reference no: EM13733886

Question 1

Supply Strategic Planning. Please respond to the following:

The Spartan Heat Exchangers, Inc. case 2-1 provides an illustration of how supply should be integrated to corporate strategy. What specific elements from our learning this week would you include in your supply strategic plan if you were Rick Coyne and why? Choose just two (2) specifics to share.

Question 2

Supply Strategic Planning. Please respond to the following:

The Spartan Heat Exchangers, Inc. case 2-1 provides an illustration of how supply should be integrated to corporate strategy. What specific elements from our learning this week would you include in your supply strategic plan if you were Rick Coyne and why? Choose just two (2) specifics to share.

In the case of Spartan Heat Exchangers, Inc. If I were Rick Coyne the two of the strategic points I have chosen are, the WHAT and HOW MUCH. By the company's decision to standardize their product line and eliminate the customization element from their operation it effectively removed the majority of unknowns from the material supply chain. Know under the new product line The materials would become consistent and more predictable allowing for less variations which will decrease the amount of assorted inventory, decrease the amount of obsolete materials, and allow for more consist ant ordering and stock availability. The same is true for the concept of HOW MUCH by standardizing the volume of need supplies then can be predicted accurately by knowing how many units can be produced at peak performance. If the plant can produce twenty five units per month at optimal performance and requires 200 widgets to produce each unit then you need 5,600 widgets per month with a leveling order done every other quarter. This allows for back orders and broken and lost widgets without effect on operations. This is why although I love R&D when it comes to production standardization it makes inventory control much easier because it makes it more predictable.

QUESTION 3

Supply Organization. Please respond to the following:

Evaluate the authors statement of "It is generally believed that high-performing, cross-functional teams will get better results on the task"?

Describe your reasons of whether you agree or do not agree with the statement.

Discuss how you would manage a high-performing, cross-functional team.

If outside suppliers are part of the team, what other steps might you take to protect your company's intellectual property in addition to a confidentiality agreement?

Question 4

Supply Organization.Please respond to the following:

Evaluate the author's statement of "It is generally believed that high-performing, cross-functional teams will get better results on the task"?

Describe your reasons of whether you agree or do not agree with the statement.

Discuss how you would manage a high-performing, cross-functional team.

If outside suppliers are part of the team, what other steps might you take to protect your company's intellectual property in addition to a confidentiality agreement?

I agree with the statement "It is generally believed that high-performing, cross-functional teams will get better results on the task." Many organizations face the challenge to be faster, cheaper, better, more reliable, and more convenient. Cross-functional teams can achieve all of these things if it is properly run. If all team members are committed to achieving a shared vision, individuals are accountable for individual contributions, and the team is dedicated to enhancing the organization's performance, a cross-functional team will be highly effective. People are truly the organization's most valuable resource. If I had to manage a high-performing, cross-functional team there would be four key characteristics I would want to bring to the table.

1.) Provide, collect and assess critical team information.

2.) Help establish goals and set team priorities.

3.) Participate in creative team problem solving.

4.) Selecting the appropriate team members.

Employees who, without the consent of the intellectual property owner, use another's intellectual property in an unauthorized manner will be subject to discipline, which may include termination. In addition, individuals who violate the intellectual property laws may be subject to civil and criminal penalties, including fines and prison time. For the purpose of preventing the unauthorized disclosure of Confidential Information, the parties will have to agree to enter into a confidential relationship with respect to the disclosure of certain proprietary and confidential information.

Reference no: EM13733886

Questions Cloud

Determine how organizations such as mbe : Determine how organizations such as MBE can help business owners put at least one of the models built around social networks into practice.
Write a research paper on three photographers : I need a one and a half to two page long research paper on 3 photographers. It needs to describe their art work, where they lived, what innovations they brought to photography.
Determine communicating superior customer value : Marketing __________ is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value
Write a research paper aqbout philosophy : I have 3 philosophy papers. I need the done i am willing to pay for good work only.
How supply should be integrated to corporate strategy : What specific elements from our learning this week would you include in your supply strategic plan if you were Rick Coyne and why?
Write a research paper about hobbes and locke : The papers can be about any current event or any topic but MUST be relateble to at least 2 of the following philosophers beliefs: Hobbes, Locke, Rousseu, Rawls and Charles Mills.
The characteristics of each element of the marketing mix : Describe, in your own words, the characteristics of each element of the marketing mix (price, product, place, and promotion) as they apply to your selected product
Explain origins of reform and secularism in middle east : A discussion of the origins of reform and secularism in the Middle East - looking at the readings for the last two units to begin with, but also earlier movements and governmental policies.
Describe the effect on net personal income : Describe the effect on net personal income when the government raises taxes and when the government lowers taxes - Describe how the Gross Domestic Product (GDP) is affected by higher taxes and lower taxes.

Reviews

Write a Review

Microeconomics Questions & Answers

  What effective interest rate per year

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  Apply the rule of 70 to solve the following problem real

apply the rule of 70 to solve the following problem. real gdp per person in mexico in 2005 was about 12000 per person

  What risks are there for tfl

List and define the methods of describing a need as it relates to your Week Eight written assignment - What benefits would accrue to TFL? What risks are there for TFL and what should TFL do and why?

  Proposal aenvisages generation of electricity from water -

proposal aenvisages generation of electricity from water - a hydro-electric project. the useful life of this project is

  Unbiased estimation procedures to end point estimates

The population proportion of economists predicting growth of at least 2.5% in real gross domestic product. The variance of the sample proportion of economists predicting growth of at least 2.5% in real gross domestic product.

  Pricing strategies-equilibrium price

What is the competitive equilibrium price per ride and what is the equilibrium number of rides per day? How many boats will there be in equilibrium? In this competitive market, what is the aggregate profit?

  What is the role of management

A recent book was titled the end of management. Suppose the technology evolves in such a way that a high percentage of employees do not work in the company office. They telecommute or work offline. What then Is the role of management Is there one,..

  A new contraption to help you eat yogurt easily while

a new contraption to help you eat yogurt easily while driving autogurt is now on the market. it costs justin 2 in

  Business loan

A colleague tells you that he can get a business loan from the bank, but the rates seem very high for what your colleague considers a low risk loan.

  Exercise 1 quantity quotaa new chemical cleaning solution

exercise 1 quantity quotaa new chemical cleaning solution is introduced to the market. initially demand is qd 1000

  What is the optimal level of pollution abatement

A factory benefits from discharging effluent, q, into a lake. The marginal benefit function is given by 60-2q. The pollution causes damages to two nearby communities. The marginal damages to Community A are 1q. The marginal damages to community B ..

  Application of price elasticity of demand

The Haas Corporation's executive vice president circulates the memo to the firm's top management in which he argues for reduction in price of firms product. He says such a price cut will raise the firms sales and profits.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd