Supply chain management to make them more competitive

Assignment Help Operation Management
Reference no: EM132555978

In today's global markets, many companies source, produce, transport and sell products internationally. Firms seek to maximize potential sales while minimizing costs and production/distribution time. In this environment, explain the strategic importance of the operations and supply chain management function.

Be sure to address:

1. How can a company use operations/supply chain management to make them more competitive?

2. Why is cost control so important with competing with other firms?

3. How have global factors come into play?

Reference no: EM132555978

Questions Cloud

Make the impact of depreciation on the calculation : Make the impact of depreciation on the calculation of current tax expense for 2017 and 2018. At A3M Ltd equipment is depreciated at 25% p.a.
Prepare september journal entry assuming stellar accepted : Prepare the September 15 journal entry assuming Stellar accepted instead the shares in MGL. Prepare the journal entries to record
Describe the function of adhesion-adhesion factors : Describe the function of adhesion/adhesion factors (such as adhesins and attachment proteins) and how these factors result in differences
Describe how a virus can obtain an envelope : Explain how the processes of acquiring an envelope means that only animal viruses will ever have an envelope.
Supply chain management to make them more competitive : How can a company use operations/supply chain management to make them more competitive? How have global factors come into play?
How much can withdraw every month : How much can she withdraw every month for 25 years, when she retires if the account earns 4% interest compounded monthly?
Project manager for large hospitality firm : You are a project manager for a large hospitality firm (e.g., Marriott International) who will be in charge of the firm's HQ office relocation.
What are the four major parts of a virion : What are the four major parts of a virion? What is the purpose of each part? Which parts are required and which are optional?
Create a single journal entry : Create a single journal entry, with explanation, for each of the following transactions to correct the error made

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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