Explain the NIST or the ISO framework. How is it predominately used? Is it general or specific to a particular sector? What are its strengths? What are its weaknesses? What is a setting (small business, school, home office, etc.) that you would recommend for the framework chosen?

What can be the performance indices for a purchasing department of an organization? How can a purchasing manager monitor them? What are the advantages of defining such performance indices? Include examples for each part of this question

The following are true statements about quality systems except: a. The FDA’s quality systems regulations are highly prescriptive and subject to limited interpretation b. Senior executives have ultimate legal responsibility for the effectiveness of the company’s quality system c. Companies can implement their quality systems in a progressive manner, focusing on those elements most relevant to their stage of growth d. Quality systems can be a source of competitive advantage for a company

Due to COVID-19, what do you think is the new normal and why will some firms outperform other firms?

Which features of the IWAY (Short for the IKEA way) guidelines will be most important for IKEA’s brand in the future? Why?

In no less than 350 words select a recent article or topic regarding current supply chain risks and pressures, discuss how you might bring to bear  strategies and techniques to address those risks and pressures.

What is the International Standards Organization (ISO)?

demand or its quality standards. The discovery of the faulty parts caused delays and other impacts on Apple's other suppliers as well POM Apple Deals with Supply Chain Strain and Faulty Parts as its customers. Apple reportedly threw out all of the defective Watches to avoid having to recall them. When Apple (www.apple.com) introduced the Apple Watch in April 2015, industry analysts had a hard time predicting how consum- ers would react. Their estimates ranged from 5 million to 40 million Watches sold in 2015. This huge range in a market forecast creates havoc in planning for a supply chain. In fact, industry experts call it supply chain strain. So, how did Apple's supply chain gear up for such a high de- gree of sales uncertainty? First, the firm allowed a certain number of Apple Watch preorders. Based on those preorders, Apple could estimate the potential market demand and alter production ac- Apple then handed over production of the taptic engine to another partner, Nidec Corporation…

Identify and describe an American firm of your choice that is challenged in its production operations to support its basic business needs to manufacture a high-quality product, safely, within budget, and on schedule. Its operations management is characterized by a culture that supports the vision and mission statements. This business problem (its production operations) includes a mismanaged supply chain, massive overtime wage payouts to make up for lost time injuries, increasing turnover and no shows at the work site, and where there is a spike in customer complaints resulting in business loss and narrowing profit margins.   As a decision maker, what action plan would you recommend to the senior leadership of the organization to take it from its current conditions to bring it closer to its ideal operating conditions (to become a company known for zero-defects, excellence in supply chain management, customer satisfaction, safe and reliable high-quality products, value to the customer,…

How can a company effectively identify and leverage the critical elements of the value chain to gain a sustainable competitive advantage in the market?