Describe inventory policies to be include in strate planning


Assignment

Research a manufacturing organization of your choice, and describe its strategic manufacturing policy. (Note: You may choose a private sector or public sector organization; however, more information will be available for a private sector, publicly traded company). Your description should consider long-term issues (1-5 years), and include a discussion of the following topics:

Products/services

Markets and customers

Suppliers/vendors/supply chain partners

Facilities (plants, distribution centers, etc.)

Describe the following characteristics to be included in the strategic planning process:

Alignment of manufacturing strategy with corporate/business-level strategy

Product/process alternatives (make-to stock, make-to order, etc.)

Inventory policies (service levels, order quantity/frequency, etc.)

Capacity planning alternatives (chase, level, etc.)

Long-range forecasting techniques (quantitative and qualitative)

Make or buy decisions (outsourcing, etc.)

Interfaces/coordination with other business functions (marketing, etc.)

Initiatives to improve operations (continuous improvement, lean/agile, TOC, etc.)

Metrics to measure manufacturing performance

Cost

Quality

Speed

Reliability/dependability

Flexibility

Productivity/efficiency/utilization

Sustainability

Other metrics

Finally, what manufacturing strategy improvements would you suggest for this organization?

Prepare a research paper of 8-10 pages.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

Solution Preview :

Prepared by a verified Expert
Operation Management: Describe inventory policies to be include in strate planning
Reference No:- TGS02104000

Now Priced at $100 (50% Discount)

Recommended (98%)

Rated (4.3/5)