Reference no: EM133620325

Homework

After reading the requirements for your Portfolio Project, select the subject organization for your Portfolio Project Operations Management (OM) Assessment; create an initial draft of the Portfolio Project paper based on the key elements stipulated in the final Portfolio Project requirements.

For your initial Portfolio Project paper draft includes substantive content for the following sections (as per all requirements listed in final portfolio project for the following four sections only):

1. The entire Subject Organization section
2. The entire Operations Management section (also describe applicable OM decisions/activities as per page 8 of our textbook)
3. The entire OM Forecasting section
4. The entire Define Operations section (also describe input, output, and transformation process)

For all other Portfolio Project requirements, merely include the required key elements (and sub-element items). Include formatted section level headers as placeholders for content to be subsequently added to your final Portfolio Project paper.

The purpose of the Portfolio Project Milestone is to designate the global product-oriented organization as the subject of your Portfolio Project. Your subject organization will be incorporated in the initial draft of the Portfolio Project paper as stipulated in the Instructions for the Portfolio Project Milestone Requirements section above. These items will frame the beginning of your Portfolio Project Product-Based Operations Management Assessment.

Based on your analysis, you will write an assessment of the subject organization's OM strategy and practices. When writing the assessment, assume the role of a highly regarded operations management professional commissioned to review, analyze, and describe the organization's OM for achieving increased sustainable business value.

Your assessment should address the following key elements:

I. Subject Organization: Name and briefly describe the subject organization in this section, including its mission. In this section, at least one in-text citation must refer to a source in your reference list that the reader can access to learn more details about this organization.

II. Operations Management: Define OM and relate the subject organization's mission, operational strategy, and productivity measurements; compare and contrast OM with project management.

III. OM Forecasting: Define forecasting in the context of OM; identify the subject organization's forecasting methods and practices; relate the Seven Steps in the forecasting system to the subject organization; highlight potential ethical considerations related to the subject organization's forecasting; recap applicable lessons learned based on your Forecasting Simulation experience and describe how they apply to your subject organization.

IV. Define Operations: Define the design of goods and services and relate them to the subject organization; highlight OM process, location, and human resource strategy in the context of the subject organization.

V. Quality Management: Define quality and identify common OM quality management best practices; identify the subject organization's quality management methodology; recap applicable lessons learned based on your Quality Management Simulation experience and describe how they apply to your subject organization.

VI. Supply Chain Management: Define supply chain management (SCM); designate the subject organization's SCM strategy and explain the basis for determination; describe the subject organization's use of technology for SCM; identify potential SCM risks and SCM ethical considerations related to the subject organization; recap applicable lessons learned in your Supply Chain Management Simulation experience and describe how they apply to your subject organization.

VII. Inventory Management: Define inventory management, its importance, and common inventory models; identify the subject organization's inventory management practices; identify potential ethical considerations related to the subject organization; recap applicable lessons learned in your Inventory Management Simulation experience and describe how they apply to your subject organization.

VIII. Aggregate Planning: Define sales and operations planning (SOP) and relate to the subject organization; define materials resource planning (MRP) and enterprise resource planning (ERP) and relate to the subject organization; describe the subject organization's use of technology for aggregate planning.

IX. Lean Operations: Define lean operations; identify the subject organization's lean operations practices; relate the strategic importance of maintenance and reliability to the subject organization; identify an OM innovation to improve the subject organization's operations for competitive advantage.

X. OM Information Technology: Describe the role of information technology in operations management. Describe three technology Innovations that have significantly transformed operation management practices.

XI. Operations Manager Job Description: Assuming you are responsible for creating a job description for this company - describe in 10 bullets the job responsibilities of the operations manager.

XII. Conclusions: Describe how various OM decisions/activities are interrelated to each other (in other words, what information should be shared across various activities and how it is helpful)