What is the role of Operations Analyst?
Q: Explain what is meant by operations management in general
A: Operations management is the administration of the organization's numerous operations. The…
Q: What effect does operations management have on an organization's competitive advantage?
A: Operations management is a term that refers to the business function that assists in controlling the…
Q: Why is management of operations critical in all types of companies?
A: The administration of all tasks involved in the production of goods and products is known as…
Q: Write about OPERATIONS STRATEGY?
A: The operations strategy of a firm is primarily concerned about carrying out daily activities so as…
Q: What really is the role of operations in corporate strategy ?
A: Operational strategy is crucial in the company. Occasionally, it is influenced by business strategy.…
Q: WHAT are OPERATIONS AND SUPPLY CHAIN STRATEGY?
A: The operations and supply chain strategy is the broad set of policies and plans to ensure that the…
Q: What Is Operations and Supply Chain Management?
A: Operations can be defined as the method or process of managing the business in an effective and…
Q: When Operations Consulting Is Needed?
A: It is a field of management consulting specializing in developing operational and business…
Q: How operations management is related to Supply Chain?
A: The corporate role responsible for developing and overseeing products, systems, facilities, and…
Q: Explain what is the role of operations strategy in the organization
A: A strategy for operations is a comprehensive explanation of all the actions that impact an important…
Q: What activities are involved in the operations function?How does operations interact with other…
A: Operations management is the administration of operational processes within a company to create the…
Q: Expand the key success factors of operations management
A: Operations strategy has to be at the basis of just about any corporation, regardless of its product…
Q: and
A: Working choices are conclusions made with respect to the everyday practice, continuous exercises of…
Q: What are the reasons for formulating and implementing an operations and supply chain strategy
A: Many businesses believe they do not need to consider their supply chain plan. However, having a…
Q: How are a company's operations strategy's limits determined?
A: Before any real development starts, the firm's plan is laid out. Before any plan or action can be…
Q: What is the difference between operations management and supply chain Management?
A: Management refers to a process of achieving goals by coordinating tasks within different…
Q: Write the examples of operations strategies?
A: One operations strategy aims to improve costs in the creation of the product. Another operations…
Q: What is the role of operations management within a business enterprise?
A: Operations management is the administration of operational processes within a company to create the…
Q: What is the operations strategy of Ryanair? Give examples of its activities that helps it achieve…
A: A business strategy is defined as the set of objectives that an enterprise must achieve to overcome…
Q: Name and describe four major factors affecting operations management
A: Operations management refers to the process and ability to convert raw materials into finished goods…
Q: What is the operations strategy matrix?
A: The purpose of the operations strategy matrix is to categorize & assess risks & actual…
Q: Why is used operations management?
A: The operations management, as per business dictionary, is to design execute and control the…
Q: Summary of operations management in manufacturing and production in detail?
A: The work of activities or operation the board is to manage the method involved with changing assets…
Q: Identify the two general types of operations. What are theircharacteristics?
A: The two types of operations are production operations and supply chain operations.
Q: Explain strategy and competitive advantage in operations management?
A: The field of management that deals with the effective utilization of resources like manpower,…
Q: What activities do the operations involve?
A: The operation function is a business function that encompasses both production and operations…
Q: WHY DOES THE PROPOER OPERATIONS STRATEGY KEEP CHANGING FOR COMPANIES THAT ARE WORLD CLASS…
A: Strategizing is the key to a successful business. The strategy is a plan to help an organization to…
Q: Why should one study operations management?
A: Operations Management consists of activities that enable the inputs transformed into outputs. It…
Q: Explain the cost saving benefits for firms which are outsourcing under operations strategy
A: To be determined: the cost-saving benefits for firms that are outsourcing under operations strategy
Q: How does the work of an operations manager differ from the work of a marketing manager or a finance…
A: Operations management is a management field that deals with the design and control of the production…
Q: Explain the reasons for formulating and implementing an operations and supply chain strategy
A: Different associations assume they are exempt from the requirement to analyze their supply chain…
Q: How does big data affect operations management ?
A: Big Data is an environment that deals with methods to analyze, continuously retrieve, or otherwise…
Q: What is the chief role of the operations manager?
A: The operations managers are a pivotal position in any type of organization. The precise roles of…
Q: Explain the rule of operations strategy in a business
A: This question is related to the topic-Operations strategy and this topic falls under the Operations…
Q: Describe the reason why the operations and supply chain strategy continues to change for world class…
A: To be determined: the reason why the operations and supply chain strategy continues to change for…
Q: What is the role of operations managers?
A: The application of operations management's elementary principles, to the production of services,…
Q: Explain how an operations strategy is developed ?
A: The operations strategy of a business is how its products, commodities, processes, technology, and…
Q: State how an operations strategy is developed
A: The business strategy describes how a business manages its products, services, methods, machines,…
Q: Explain how are the limitations of a firm's operations strategy determine?
A: Before the start of production, the firm's operating strategy is developed. Before implementing any…
Q: Identifies four global strategic choices for operations and explains them?
A: Strategy is the set of activities or plans that help the company to accomplish the desired objective…
Q: Describe the role of operations in an organization ?
A: Operations are the day-to-day activities of a business that create unique value and achieve the core…
Q: Discuss whether any other firms have a market influence in operations management
A: A value chain for which there is an only seller supplying a one-of-a-kind product. The vendor is…
What is the role of Operations Analyst?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- 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?
- What is the difference between operations management and supply chain Management?What is the operations strategy matrix?How can organizations effectively incorporate qualitative and quantitative forecasting techniques in their operations management to improve decision-making and optimize resource allocation?