Support effective inventory management

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The three main question sets you are to ask, allowing about 10 minutes of discussion each, are: Question Set 1: (Forecasting) Does your organization use both qualitative and quantitative forecasting methods? What methods do you use to support your business with forecasting (examples: regression analysis, Delphi Method)? Is there a special team focused on forecasting, or is it a responsibility of each professional within your organization? Question Set 2: (Inventory Management) How does your organization implement inventory management? What types of information systems does your organization utilize to support effective inventory management? Does your organization implement JIT, Just-In-Time, or some other form of lean applied to inventory? Question Set 3: (Reflection on Operations Management) Take a moment to share and reflect, with the professional you interview, on what you have learned during our term, focused on operations management. After reflection, continue to discussion with the following questions. How does operations management ensure the “mission happens” for a successful organization? How does the “puzzle pieces” of various traditional areas of business connect within your organization? Does your organization have a vertical (mechanistic) or horizontal (organic) organizational structure? Do you have a top “lesson learned” related to effective operations for a business?

Reference no: EM132275142

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