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The CEO of Supply Chain Management Unlimited, LTD, Mr. Hiram Fiream, is being hammered during quarterly analyst calls because SCU has failed to develop a manufacturing outsourcing strategy that takes advantage of inexpensive Pacific Basin labor rates. The analysts are absolutely incredulous that, unlike his competitors, Mr. Fiream does not understand the obvious economic advantages of this strategy (“what doesn’t he understand about $1.00/hour labor?”). Some major investors are calling for his ouster in favor of more enlightened management that will “unlock shareholder value.” Mr. Fiream is in a quandary. He believes that Pacific Basin outsourcing is not the correct strategy for SCMU. Truly amazing: he also believes that there is more to this decision than labor rates. But what if the analysts and his competitors are right? He turns for assistance to his Vice-President of Supply Chain Management who immediately sees this as a great opportunity to impress the CEO. Remarkably, she assigns her newest hire, a bright young MBA (you!), the task of analyzing this question. How would you approach this assignment? Would you bring in a consultant to recommend a “best practices” approach based on their “world class” expertise? Would you develop a spreadsheet? Would you organize a weekend retreat for senior executives facilitated by an industrial psychologist? Or would you do something else? There is a lot at stake here: the bonus of the CEO is based on stock price appreciation.
A food processor uses approximately 29,390 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding cost is 18 cents per jar, and reordering cost is $60 per order. The com..
determine how the seven tools of quality can be used to improve your company. You will expand on your thoughts pertaining to the use of all seven tools.
Using Michael Porter's 5 Competitive Forces model, conduct an analysis of Buffalo Wild Wing's 5 Forces.
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What is an annotated bibliography. What is a hurdle rate and why write an annotated bibliography.
Discuss how an operations manager chooses between the different available process models to select one for their manufacturing facility.
What is Stars’s Economic Order Quantity (EOQ), Reorder point and the associated Average monthly total cost of the operation?
The idea of public use is also discussed thoroughly in Merriman’s 2012 article suggesting a statutory solution to the problem of eminent domain justice
What other industries are this influenced by external factors as much as the retail industry is?
You are a marketing consultant responsible for preparing a situational analysis for the city of Charlotte, North Carolina.
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