Course: Operations Management
There are two assignments in total, the assignment requirements are in the attachment, please refer to the tutor, thank you!
APA format
Course: Operations Management There are two assignments in total, the assignment requirements are in the attachment, please refer to the tutor, thank you! APA format
Week 7 Industry Business Summary Research an actual business in an industry of your choosing related to the topic(s) to be covered for this week. This must be submitted in Blackboard as 2-pages APA summary (inclding a cover page and reference page). You need a minimum of three references and three in-text citations. Introduction to the main content of the job: Week 7 Overview During this week students will use the tools from Just In Time and Lean operations to develop a project management schedule, and develop a forecast of needs based on a group simulation exercise. The results of the exercise should enable each student to write a brief executive summary and report on their product/service or department’s position. Week 7 Objectives Upon successful completion of the week, you will be able to: Develop problem solving skills, performance assessment techniques, and an overview of running non-profit/for profit and government organizations. Students will be introduced to model development and implement them their individual projects File IPPTChap014.pptx File IPPTChap017.pptx
Course: Operations Management There are two assignments in total, the assignment requirements are in the attachment, please refer to the tutor, thank you! APA format
4 Amazon Student Name: Institution: Course Title: Operations Management Course Code: Instructors Name: Due Date: Critical Thinking Amazon Amazon is a global technology business based in the United States. Artificial intelligence, cloud computing, digital streaming, and electronic commerce are some of its key research interests. In 1994, Jeff Bezos founded Amazon. It is the largest provider of cloud infrastructure services and one of the largest online retailers in the world (Wang et al., 2020). Amazon, the largest cloud computing service provider, also makes consumer goods like Kindle e-readers, Fire tablets, and Fire TV. For the purchase of goods and services, Amazon provides a variety of channels, such as its online store, Whole Foods Market, and Prime Video. As of 2017, Amazon was the second-largest employer in the country and the most valuable publicly traded company in the entire globe (Lloyd & Yamoto, 2019). Amazon has used many lean strategies to boost productivity, minimize costs, boost quality, and raise customer satisfaction. Just-In-Time (JIT) inventory management is one of the primary lean methodologies employed by Amazon. With this strategy, inventory costs can be decreased, and waste from overstocking can be eliminated by expediting the process of getting materials, components, and supplies just in time for production (Lloyd & Yamoto, 2019). Amazon also uses short turnaround times, small batch sizes, waste reduction, continuous development, and teamwork to make the most of its resources and accomplish its business goals. A key component of Amazon’s operations is project management. Setting project goals, planning, scheduling, and supervising project activities are all duties of Amazon’s project management team. Work breakdown structures (WBS), slack periods, and risk management are just a few of the tools and techniques the team employs to make sure projects are finished as scheduled (Stevenson, 2019). These procedures assist Amazon in remaining organized and completing tasks on schedule and under budget. Because of its dedication to effectiveness, quality, and customer pleasure, Amazon has become one of the world’s most prosperous and inventive businesses (Wang et al., 2020). Their commitment to project management and lean operations has become the industry standard for other companies. These strategies enable Amazon to maintain low costs while offering premium goods and services. References Stevenson, W. J. (2019). Operations management. Measurement, 288, 325-326. Wang, Y., Jia, F., Schoenherr, T., Gong, Y., & Chen, L. (2020). Cross-border e-commerce firms as supply chain integrators: The management of three flows. Industrial Marketing Management, 89, 72-88. Yamamoto, K., & Lloyd, R. A. (2019). The role of big data and digitization in just-in-time (JIT) information feeding and marketing. American Journal of Management, 19(2), 126-133.
Course: Operations Management There are two assignments in total, the assignment requirements are in the attachment, please refer to the tutor, thank you! APA format
Week 8 Industry Business Summary Research an actual business in an industry of your choosing related to the topic(s) to be covered for this week. This must be submitted in Blackboard as 2-pages APA summary (inclding a cover page and reference page). You need a minimum of three references and three in-text citations. Introduction to the main content of the job: Week 8 Overview Discover the theoretical framework of operations management, while assessing the organizational strengths and weaknesses. Week 8 Learning Objectives Upon successful completion of the week, you will be able to: Create and Apply project scheduling techniques, supply chain management and design decision analysis, and the assess operational risk. File IPPTChap015.pptx File IPPTChap016.pptx
Course: Operations Management There are two assignments in total, the assignment requirements are in the attachment, please refer to the tutor, thank you! APA format
4 Industry Business Summary Student Name: Institution: Course Title: Operations Management Course Code: Instructors Name: Due Date: Industry Business Summary Walmart With more than 11,000 locations in 28 countries, Walmart is a market leader in the retail industry. Walmart, one of the biggest corporations in the world, significantly influences how its supply chain’s operations are managed. The supply chain for Walmart is quite complicated and comprises a number of parties, including suppliers, distributors, and manufacturers (Elimimian & Elimimian, 2020). Walmart employs a range of operations management strategies, such as project scheduling, supply chain management, and design decision analysis, to guarantee the effective and efficient management of its supply chain. Walmart uses a number of project scheduling approaches to make sure that activities are successfully completed. Project scheduling is a crucial component of operations management (Karim et al., 2020). Gantt charts and PERT charts are two scheduling techniques used by Walmart. With the use of these tools, Walmart is able to see how jobs are progressing, spot any possible delays or bottlenecks, and modify resources as necessary. Project scheduling helps Walmart manage its supply chain activities more effectively. Walmart uses supply chain management strategies to boost productivity and cut expenses. Walmart is able to simplify its supply chain and use fewer vendors by utilizing strategic sourcing and supplier relationship management (Winata & Ellitan, 2023). This lowers expenses and boosts the effectiveness of the supply chain’s operations. The company uses cutting-edge analytics to track the performance of its supply chain, which enables it to spot potential for cost reductions and increased productivity. Walmart makes judgments regarding its operations using design decision analysis. Design decision analysis is a method for analyzing the potential outcomes of various actions using quantitative data. This method is used by Walmart to compare various supply chain configurations and choose the one that would be the most effective and efficient (Karim et al., 2020). Walmart is able to make well-informed judgments regarding its supply chain operations and make sure it is running efficiently thanks to the usage of design decision analysis. References Elimimian, J. U., & Elimimian, T. E. (2020). An Analysis of Cybersecurity Functions: Issues of Integrity Targeting Wal-Mart as a Global Supply Chains Organization. Manag Econ Res J, 6(4). Karim, M., Tahera, U., & Nasrin, S. (2020). Supply Chain Management: Materialization of Process Management to Attain Greater Accomplishment in Business Function. Fareast International University Journal, 104. Winata, M., & Ellitan, L. (2023). The Effectiveness of Technology Development Towards Walmart’s Sustainability Supply Chain Management. J-CEKI: Jurnal Cendekia Ilmiah, 2(2), 224-248.