Question: Weekly Reflection Task We learned a lot about capacity this week. What is your preferred strategy: to make to stock, to make to order, to

 Weekly Reflection Task We learned a lot about capacity this week.

Weekly Reflection Task We learned a lot about capacity this week. What is your preferred strategy: to make to stock, to make to order, to assemble to order, or something else? If you find forecasts generally reliable, perhaps you can make to stock, and sell from the stockpile for a quick response to customers. But what if you operate in a market where tastes change? Or where the cost of the items in your stockpile is prohibitive? In these cases, make to order may be more appropriate. PC manufacturer Dell achieved success with a strategy of assembling to order and then shipping direct. It was backed by excellent suppliers who were prepared to hold stock locally and deliver to Dell at short notice. The strategy would not work for every business, for one thing PCs are, for example, more modular than many products. In the industry in which you work, or one of your choosing, what can you do to find the perfect blend of low cost, fast response time and high service level? Identify your selected industry, preferred strategy and the reasons for your choice in your reflections for this week. Aim to write 130 words. Reflective ePortfolio Task For Entry 1 of your reflective ePortfolio assignment, please reflect on your learning process in Weeks 1-2. Further guidance can be found in the assignment brief, Module Map and On Critical Reflection pages. In Week 5, you will have an opportunity to share your entry with your

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