How does the strategy tie into the mission and goals of the, Business Management

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How does the strategy tie into the mission and goals of the

OPERATIONS & SUPPLY CHAIN MANAGEMENT

A. DESIGN AN O&SCM STRATEGY

Objective:
Develop a suitable O&SCM STRATEGY for their business or one with which they have access to. Where an O&SCM strategy already exists, must identify any gaps and make recommendations for improvement.

Consider the following guiding questions when designing your strategy:
i. How does the strategy tie into the mission and goals of the business?

ii. What is the strategic role of the business? Which customers' needs is it trying to serve?

iii. How does the strategy lead to competitive advantage?

iv. To what extent do any (or all) of the 10 Operations Management decisions, apply to operations decision-making in the business?

v. To what extent is the SWOT relevant to the strategy of the business?

vi. Can the strategy be supported by the financial position of the business?

vii. How should the strategy be sustained?

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