When Operations Consulting Is Needed?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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When Operations Consulting Is Needed?

Expert Solution
Operations consulting:

It is a field of management consulting specializing in developing operational and business strategies. Operations consulting is done to solve various operational issues related to supply chain and other operational related activities in various industries. These operations consultants use the various techniques in supply chain management, lean manufacturing, and operation management to solve the problems arising in them.

Need for operations consulting:

Operations consulting is carried by specialized individuals employed by the management consulting firms or even in some cases accounting firms to help organizations with specific operations problems. Operations consulting is vital to organizations as it provides dedicated solutions to specific problems created by the operations consulting professionals.

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