ASSIGNMENT CONTENT: You (group) are appointed to run the Operations of (*......- please use preferred name of the business). In your group, you are required to outline the detailed** aspects of your business/organisation with regards to the following: 1. What are your operations a. Why are you engaged in this business / organisation? b. Allude to vision & mission C. Discuss the industry in which you operate; who are the other players/competitors***? what are they offering? 2. How does the supply chain**** of your organisation look like? 3. How do you engage in the design of your goods and services? a. Provide your steps & strategy b. Talk about stakeholders, as well as how you engage stakeholders. C. How do you ensure competitiveness? d. How do you ensure the key considerations of your designs? e. How do you ensure robust designs and manufacturability? 4. What Strategic process decisions have you made and why are they important? a. Depending on whether your business or organization provides services or produces goods, elaborate***** on your process structures for manufacturing / services. 5. Discuss your forecasting strategies/ approaches, including justification for these. a. Please include forecast numbers over a span of 24 months b. How do these numbers impact your competitiveness? 6. Share your inventory management strategy and why it's effective a. How do you keep costs down? b. If in manufacturing/production: does the Pareto principle apply? If yes, how? Please provide evidence using calculations. 7. Discuss how you deal with capacity planning. a. Indicate the short-term, medium-term and long-term planning 8. Discuss the quality dimensions of your goods (manufacturing/production business / organization) or services service business / organization) a. Discuss the ISO standards applicable to your business/ organisation b. What is their importance for your competitiveness