Operations management processes and supply chain

Reference no: EM1340599

Please assist in part 4 of the OIP - Measurement Strategy Li and Fung case study

1. Identify quantitative and qualitative measures that may be used to measure improvement of the process

2. Assess measurement strategies to select one that measures improvements of the selected process. How often will the improvement results be measured?

3. Explain the potential negative or positive impact of process improvement. (Your measurement strategy should help you determine if the improvement results are actually positive - that they do not have a negative impact elsewhere.)

Reference no: EM1340599

Questions Cloud

Balanced scorecard johnson and johnson : Comment on the four key criteria of the balanced scorecard for Johnson and Johnson. Mention the types of activities, measures, and goals that are likely to be found in each section.

Financial performance benchmarking or measurement : Techniques for Financial performance benchmarking or measurement - what not to nexpect (i.e., constraints and limitations), and important details.

Income statement differences for service-merchandiser : Could we use managerial accounting "tools" to assess the profitability of an organization other than a manufacturing business, or are the topics we are learning only related to manufacturing?

Areas covered by non-financial measures : Areas covered by non-financial measures - Aside to the financial measures, Managers use non-financial measures to measure performance.

Operations management processes and supply chain : Find quantitative and qualitative measures that may be used to measure improvement of the process

Prepare a scorecard including the range of outcomes : Create a scorecard including the range of outcomes and Probability of each outcome

Prepare the strategic objectives : Prepare two strategic objectives for each of the four quadrants of the Balanced Scorecard and Shareholder Value or Financial Perspective, includes strategic objectives in areas such as Market share

Question related master budget : Question about The Master Budget - Comment on the 4 key criteria of the balanced scorecard that are relative to a specific public company.

Create a swot analysis or bsc approach : As an astute board member, create a SWOT Analysis or BSC approach to this dilemma and explain your analysis. Would you vote to close the home care division? Why or why not

User Account

All Pages