Formulate an operations strategy for your business


Task: Envision a business you would like to own that would employ at least 20 people (either manufacturing or service). The business I chose is open new restaurant, which is considering as service answer those questions:

1. Formulate an operations strategy for your business.

2. Explain how your operations strategy impacts product design and process selection for your business.

3. Determine the key components of supply chain management for your business including structuring, sourcing, purchasing, and managing the supply chain.

4. Examine how the total quality management process is a strategy for a competitive advantage for your business.

5. Identify the key elements of just-in-time manufacturing and its impact on quality assurance for your selected business.

6. Determine whether Jeff should give greater priority to a smaller facility with possibility of expansion or more into a larger facility immediately.

7. Determine weights for the two (2) capacity factors based on your finding above and discuss how you concluded these were appropriate weights.

8. Once you have selected the factors for the two (2) capacity alternatives, use factor rating to select a new location for Data Tech.

9. Determine how your factor analysis would be different if you had selected a different capacity alternative.

10. Include three (7) external peer-reviewed sources to support your position.

Solution Preview :

Prepared by a verified Expert
Strategic Management: Formulate an operations strategy for your business
Reference No:- TGS01849035

Now Priced at $30 (50% Discount)

Recommended (93%)

Rated (4.5/5)