Gather information from any four different companies (two each from the manufacturing and services sector) to answer
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Question:
1. Explain their mission or vision statements.
2. Explain in detail the steps for the formulation of their Operations strategy, which is used by these firms to achieve their mission/vison.
3. Analyze their annual reports over 2 years to achieve their specific objectives every year.
4. Describe the positive and negative location factors for each of these businesses.
5. Create a process flow chart for describing the processes of the above companies. What are the process improvement steps?
6. How does inventory management differ in the above selected companies?
7. Discuss the problems of implementing lean production in their supply chain.
8. Explain how Theory of Constraints can be used in these companies for scheduling?
9. How has the company used digitization and AI to achieve strategic decisions relating to Operations and Supply Chain Management? Explain how industry 4.0 can improve the supply chain relationships. (you may use 4/5 research papers for answering this question)
Related Book For
Financial management theory and practice
ISBN: 978-1439078099
13th edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
Posted Date: