Supply Chain Management And Operations Management - 747 Words

Part I, Objective 1: Supply Chain Management (SCM) and Operations Management (OM) Supply chain management is the business of overseeing the flow of materials to manufacturers, wholesalers, retailers and consumers. It is an external process that involves supply chain managers communicating with other vendors to ensure a product flows through the supply chain smoothly. Once a product reaches the consumer, it has already flowed through multiple organizations – these organizations collectively are referred to as the supply chain. Effective supply chain management should result in a relatively seamless production process while also minimizing costs on a continuing basis. Operations management, by definition, is the development, execution and†¦show more content†¦I also learned about three types of forecasting: short-term (daily operations, work schedules, production schedules), intermediate (product launches, employee hiring) and long-term (building/selling of a plant, opening/closing of facilities) which can all help in forecasting, or predicting, what demand will be and how many supplies will be needed to satisfy demand. Activity diagrams can also be used in project management (activity on arrow or activity on node) to determine the critical path and the shortest amount of time required to complete the critical path activities. Part I, Objective 4: Develop and Manage Efficient Global Supply Chains On a global level, I’ve learned that without the proper planning and forecasting, any disruptions will affect your supply chain drastically. In order to combat this, supply chain managers must take into consideration weather patterns in other locations, language barriers, government regulations and cultural differences and how to project demand in these unique scenarios. It’s also very costly to operate at a global level; calculating center-of-gravity seeks to calculate geographic conditions for a single facility that will minimize costs. Overall, I’ve learned it’s possible to minimize such risks by creating a plan, measuring performance frequently andShow MoreRelatedSupply Chain Management And Operation Management1374 Words   |  6 Pages1) Definition of the scope Supply chain management and operation management have become integral components as far as organizational competitiveness is concerned. This paper will begin by offering a literature review about supply chain management and operations management. Then, the paper will explore various issues within the Airbus company and analyze the identified issues by apply SCOM concept. The paper will also identify specific best/worst practices in the Aerospace industry before offeringRead MoreSupply Chain Management : Operations Management1204 Words   |  5 PagesSupply-chain management is an important consideration of Operations Management. In the past, many businesses only focused on the operations occurring within. Even today, business push to increase standards of performance and quality, create better marketing strategies, improve efficiency in the workplace, and hire and train employees as part of human resource strategy, among other ‘inside’ actions. However, it is a growing r eality that there are other ‘outside’ factors and stakeholders in the finalRead MoreOperation and Supply Chain Management8662 Words   |  35 PagesOPERATION amp; SUPPLY CHAIN MANAGEMENT Sec I- strategy amp; sustainability 1. OSCM 2. strategy amp; sustainability 3. product amp; service design Sec II- manufacturing, service amp; health care processes *4. strategic capacity management *4A. learning curves 5. process analysis 5A. job design amp; work measurement 6. production process 6A. facility layout *7. service processes *7A. waiting line analysis *8. health care processes 9. six sigmaRead MoreSupply Chain Operations Management Analysis4582 Words   |  19 Pages Supply Chain Operations Management Analysis of Southwest Airlines Name: University: Course Title: Instructor: Date: â€Æ' Introduction Southwest Airline is said to be the largest airline firm in the world and yet it charges low-fare costs to its large population of customers. Interestingly, it is noted that the company is one that depends on a large pool of suppliers whom are found necessary for the business to operate desirably. Such suppliers are mentioned to include: maintenance firms, fuelRead MoreSupply Chain Management Strategy Planning And Operation Solution Manual1533 Words   |  7 PagesSUPPLY CHAIN MANAGEMENT STRATEGY PLANNING AND OPERATION SOLUTION MANUAL PDF Copyright  © 2014. All Right Reserved SUPPLY CHAIN MANAGEMENT STRATEGY PLANNING AND OPERATION SOLUTION MANUAL PDF Download: SUPPLY CHAIN MANAGEMENT STRATEGY PLANNING AND OPERATION SOLUTION MANUAL PDF Are you trying to find Ebook Supply Chain Management Strategy Planning And Operation Solution Manual PDF?. You will certainly enjoy to understand that today Ebook Supply Chain Management Strategy Planning And Operation SolutionRead MoreSupply Chain Management System at Ducati - the Position of Information Systems in Enhancing Management of Operation in the Supply Chain at Ducati Motor Holding S.P.A.2542 Words   |  11 PagesSupply Chain Management System at Ducati The position of Information Systems in enhancing management of operation in the supply chain at Ducati Motor Holding S.p.a. Report’s length: 1995 words, 9 pages. AUTHOR Andrea P.F. A. Table of Contents Executive summary ............................................................................................................................3 1. Introduction...............................................................................................Read MoreIHC distribution Center Operations Review on Supply Chain Management, Logistics, and Inventory.955 Words   |  4 PagesOperations Review on Waste Reduction, Cost Reduction and Process This memo will discuss the efficient ways that Supply Chain Management, Inventory, and Logistics have been successfully implemented in the Intermountain Healthcare Supply Chain Center. Peggy Lee, Card Program Manager at IHC led the tour in the Supply Chain Center. The goal of IHC distribution center is reduce waste, cost and centralized the high volume supplies in one location and distribute across all their facilities. This givesRead MoreOperations Management and Supply Chain Management1248 Words   |  5 PagesQuestion: How does Operations and Supply Chain Mgmt enhance company profitability? 1. Content 2. Charts and Graphs 3. Evidence to support your position 4. Examples that highlight your conclusion Table of Contents: I. Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.2 II. Operations Management and Profitability†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3 III. Supply Chain Management and Profitability†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5 IV. Examples/Case Studies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreSupply Chain Management: Operations Management Essay1330 Words   |  6 PagesSupply Chain Management: Operations Management Introduction Operations Management is the term we use for the management of the resources necessary to produce and deliver the products and services required by customers. These resources include labour, materials and capital equipment. The following definition reflects the nature of Operations management: Operations management is about the way organizations produce goods and services. Everything you wear, eat, sit on, use, read or knock aboutRead MoreOperations and Supply Chain Management1804 Words   |  8 PagesWhen marketing, engineering, and operations simultaneously develop a process (cross -functional integration), this approach is known as __________ ________________. A) sequential process B) traditional approach C) concurrent engineering D) both A and B E) none of the above Feedback: C is the correct answer. Unlike the traditional serial or sequential approach, concurrent engineering uses cross-functional integration for concurrent development of a product