Description
1. Why is “Process Thinking” important in Operations Management and how can process thinking improve employees’ performance at your place of employment.2. Identify and discuss your organization’s competitive priorities and your opinion on its effectiveness in creating sustainable competitive advantage.3. Value chains help increase a business’s efficiency so the business can deliver the most value for the least possible cost. Discuss how Intellectual asset (Human Capital) can contribute to the value chain of an organization.4. House of Quality refers to a well-known process for product development that is inspired by customer desires for product or process development and anchored by the capabilities and resources of the organization seeking to meet those desires. It is a process of listening to customers, translating their desires into a written plan, prioritizing steps of execution based on what is most important to the customer, and putting a realistic plan on paper. – In building a “house of quality (HOQ) “for your organization what departments should be involved and how should they be involved?5. Define “Supply Chain” and discuss how globalization impacts the supply chain design process.6. Discuss the economic value and importance of “Virtual Teams” in a growing digital working environment.7. A learning curve is a concept that graphically depicts the relationship between the cost and output over a defined period of time. It is a visual representation of how long it takes to acquire new skills or knowledge to adequately function. Identify a specific job function and discuss the process and time it will take a new employee to reach the organizational goal of performance.8. Discuss how a company should manage the purchase and inventory of “ Perishable Goods” to meet maximum customer demand and reduce cost from spoilage.
