Operations management - processes and supply chain
Not what you're looking for?
Describe several processes in the case study that will benefit from improvement. A candidate process worksheet and a case study is attached. The candidate process worksheet needs to be filled out. When contemplating processes in the case study, consider these criteria:
- Identify processes that already exist, not those being created or revised.
- Identify processes that one can personally evaluate and impact within the relatively short duration of time, say about 6 weeks.
- Describe each process in terms of the following: (This is for the candidate process worksheet)
1. Importance to the organization.
2. Scope, the breadth of its reach.
3. Parties involved, including internal and external suppliers, and customers
4. Priority, the timeliness or urgency.
5. Overall impact or benefits of improvement to the organization.
6. Costs to the organization if the process is not improved.
Using the article:
Fast global, and entrepreneurial: supply chain management, Hong Kong style.
by Joan Magretta
Help with with the Candidate Process (Identification) Worksheet.
Purchase this Solution
Solution Summary
The processes and supply chain for operations management is examined. Priority for the timeliness or urgency is examined.
Solution Preview
Please see the attached file.
suCandidate Process (Identification) Worksheet
Provide a brief synopsis of your company:
Processes and Descriptions Importance Scope Parties Involved Priority Overall Impact Costs If Not Improved
Supplier management: There is no process to check if multiple divisions of the company tries to schedule work with the same factory
To save on time it is important to know which supplier is fulfilling which order To create a database that keeps track of all supplier relationship. This could also be used to view past history of suppliers. Suppliers, Internal stakeholders Medium Li& Fung can use the database to optimize the number of suppliers based on performance and customer feedback To build long term relationship with suppliers, Li& Fung needs to be selective in selection of suppliers. If there are multiple non-fruitful relationships, it might provide no gain for either party.
Li& Fung gets most of its business from different types of retailers, primarily American and European.
The company does supply chain management for its ...
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Basics of corporate finance
These questions will test you on your knowledge of finance.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.