How does OM analyze the Environment?
Q: Why is productivity an important OM issue? What is meant by digitization, and how can it impact…
A: Productivity is the production efficiency of manufacturing products and services using different…
Q: Why is the organisation willing to charge high rates from the perspective of operations management?…
A: The company charges higher prices to instill in the minds of customers the belief that its product…
Q: Determine if a company's processes and supply chain have lately been disrupted. What should the…
A: The service manager is the person in charge of overseeing the day-to-day activities of a company. He…
Q: What is the role of operations and supply chain management in the design and management of the whole…
A: Operation management may be thought of as a way of measuring or maintaining application growth in…
Q: What is Operations Management for Service Providers?
A: Operations management can de described as the function of management or a business that is concerned…
Q: What are the benefits of using a life cycle strategy?
A: In business, a product's life cycle tracks its development, maturation, and decline. Product…
Q: Identify Three Current Trends In Operations Management And Describe Them. How Do You Think They Will…
A: Management of operations is a field of management which is concerned with the design and control of…
Q: How much can a company's processes and supply chain policy be developed and refined?
A: The operations and supply chain policy aids in the development of broad strategies and objectives…
Q: How does the delivery inside and outside the internal market impact the success of operations?
A: Objective performance goals are those that help an organisation add value for customers and gain a…
Q: What has permanently changed with Operations Management as a result of Covid-19?
A: Supply chain management is the management that manages the whole process from purchasing the raw…
Q: What are the characteristics of SBU ?
A: Strategic Business Unit (SBU) refers to a freely overseen division of an enormous organization,…
Q: What is the role of Operations Analyst?
A: Operation analyst is responsible for identifying and solving the issue that occurs in the daily…
Q: What does a supply chain mean? What is the relationship between the supply chain and operations…
A: Production is the process of transforming the raw inputs into finished products and services for the…
Q: How much does an organisation make changes to its processes and optimise its supply chain policies?
A: Operations and supply chain strategies are the fundamental concepts to ensure the business runs…
Q: Describe the major priorities associated with the operations and supply chain strategy and the way…
A: To be determined; the major priorities associated with the operations and supply chain strategy and…
Q: of fast-fashion
A: Fast fashion is possible because of retailer supply chain management advancements. Low prices and…
Q: How is service production distinct from manufacturing?
A: Production of services refers to the method in which the services are produced in a service firm…
Q: How does IT infrastructure evolution affect corporate performance?
A: IT infrastructure:- The elements needed to run and administer corporate IT environments are referred…
Q: How does an OM strategy change during a product’s life cycle?
A: Product life-cycle management is the progression of systems by business executives as an item…
Q: What are the 10 major decisions of OM?
A: Design of goods and services: This includes how the consistency can be achieved in quality, costs,…
Q: What are the four methods for implementing a system conversion in an organisation?
A: Management Information Systems - is based on a system software & hardware that help in decision…
Q: Describe how the 10 OM decisions are implemented atCelebrity Cruises, Inc.
A: Operation management alludes to the heading and control of the interaction that changes inputs into…
Q: Why should operations be concerned with environmental issues?
A: Operations is an important base for every organization, whether in manufacturing, service, or…
Q: What is required for successful value chain management? What obstacles exist to successful value…
A: A value chain describes the full range of activities that a company uses to create a product or a…
Q: Why does the proper operations and supply chain strategy keep changing for companies that are…
A: It is critical for a business to be able to adapt quickly to changes in demand in today's…
Q: Describe how any three of the OM activities in the box "What Do Operations Managers Do?" impact the…
A: Z is a Las Vegas-based online retailer that was included in Fortune's list. Customers are often…
Q: What are the examples of efficiency steps for warehouses?
A: The amount of approaches that managers can use to measure the efficiency of warehouse activities is…
Q: The pipeline like movement of the materials and information needed to produce a good or service?
A: The Supply Chain Network serves as a conduit for content and knowledge flow. By adding value to the…
Q: Provide A balance scorecard's internal perspective for an ice cream business.
A: Ans. Midwest Ice Cream (a disguised name) fills in as an illustration to inspect a preparation and…
Q: What would a manager recommends the CEO to evaluate processes, risks, and internal controls for its…
A: The manager needs to analyse the way of functioning prior to recommendation. A report can be…
Q: What are the Latest Trends in Food & Beverage Production and Manufacturing?
A: The production concept is more oriented towards operations . The production concept believes in…
Q: What are six examples of how can you determine what aspects of an organisation’s operations need to…
A: 91 percent of customers who were not happy, will never purchase from you ever again. The number one…
Q: Determine the benefits and drawbacks of conventional systems development presses.
A: In systems engineering, information systems and software designing, the systems advancement life…
How does OM analyze the Environment?
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- EVALUATION AND CONTROL PROCESSES”. How do you implement this concept in a company working in the Agriculture industry?Rather to outsourcing the development of a new system, why shouldn't Petrie's staff do it themselves?What is the relationship between Supply Chain Sustainability and Operations Planning and Scheduling? Does the organization use both together?