Chat with us, powered by LiveChat Define Operations Management & differentiates between operations and manufacturing: explain by reflecting on Amazon or FedEx Describe the elements involved in planning and designing a | EssayAbode

Define Operations Management & differentiates between operations and manufacturing: explain by reflecting on Amazon or FedEx Describe the elements involved in planning and designing a

 Direction:

In 5 – 8 pages in MS Word, conduct research and case
analysis, and respond to the following questions: Using the information from
the business cases.

1.     Define
Operations Management & differentiates between operations and
manufacturing: explain by reflecting on Amazon or FedEx

2.     Describe
the elements involved in planning and designing an operations system in
FedEx/or Amazon

3.     Defines
the Supply chain management and the activities it involves by reflecting on
FedEx & Amazon

4.     Explain
how FedEx & Amazon are utilizing technology to foster effectiveness and
growth:

5.      Explain by explaining their usage of
Computer-assisted manufacturing (CAM) to dictate the nature of their
transformation process

You are required to cite at least three
internal or external sources in your postings, formatted to APA
standards.  Avoid citing sources from Wikis, Wikipedia, Dictionary.com,
private company websites, and other non-academic references.

Review APA standards: https://owl.english.purdue.edu/owl/ (Links
to an external site.) Links to an external site. (Links to an external
site.) 

Operations & Supply Chain Management 

 Understanding Supply Chain Excellence 

Understanding Supply Chain Excellence 

Since the early 1980’s when Keith Oliver of Booz, Allen, and Hamilton first coined the term  “supply chain management,” the concept of harnessing the power of a company’s supply chain  to drive business growth has been rapidly evolving. Through the expansion of more  comprehensive software and holistic management practices, improved supply chain   management techniques have become a smart, yet, still under-utilized tool for today’s most  savvy executives. 

Excellent supply chain strategies provide ways to move ahead of the competition in an  increasingly complex marketplace. To achieve supply chain excellence, organization leaders  need to pay particular attention to the details of their infrastructure. Viewed collectively, these  details can support a more efficient and effective supply chain management process that can  promote more aggressive performance goals across such areas as purchasing, general operations,  distribution, and integration strategies. 

Excellent Methods of Managing a Supply Chain 

Today’s best practice methods involve a more integrated approach to the entire supply chain.  Taking the time to build a holistic perspective can give corporate leaders the information they  need to identify challenges and build solutions to mitigate revenue lost due to redundant or  inefficient supply chain methods. From professional networking to achieving specialized training  through online courses, executives with an interest in building stronger supply chain   management skills have more learning options than ever before. 

Using today’s most popular software applications, business leaders can gain keen insight into the  details of suppliers, factories, storage and warehousing, distribution, and customer feedback.  Integrating all these data points and making sharp observations about the flow and patterns of  goods and services is at the heart of excellent supply chain leadership development. Viewing  management as partners and building open and responsive communication protocols at each step  in the process can go a long way to closing the gap between current and potential profit margins.  Working with supplier alliances, building better rapport with managers, and seeking  more strategic sourcing options can allow leaders to contribute to the positive outcomes needed  to stay competitive in a growing market. 

Best Practice in Action – Case Studies 

In addition to working more closely with managers at all levels of the supply chain, both in and  outside the organization, several other components contribute significantly to a more responsive  and profitable supply chain management. Among the top two areas where large companies have  made the biggest gains are cross-docking and improved distribution management /integration. 

In cross-docking, companies save storage costs because the goods arrive on pallets or in  containers and are loaded onto trucks or railroad cars directly without first going to a warehouse.  Integration utilizes current software tools to maximize product quality and consumer value while  reducing infrastructure waste and redundancy. 

Designing efficient methods for distributing goods, while at the same time reducing warehousing  costs, is a big money saver for executives running companies of any size. At the same time,  building strong integration between activities and performance metrics allows leaders to view all  parts of the supply chain individually and comprehensively. 

Here are examples of how two corporate giants, FedEx and Amazon, have excelled in  their SCM processes. 

Fed-Ex 

Global giant FedEx provides business solutions to fit a wide variety of customer needs. Well developed communication strategies allow for responsive adjustments to business processes  when necessary. Fed-Ex assists clients in scheduling shipping to help them utilize cross-docking  strategies and maximize warehouse dollars. In one creative solution, FedEx worked with a U.S.  automotive part distributor to essentially create a “flying warehouse.” Renting a permanent  storage facility for a long-term contract in Japan was cost prohibitive for the parts distributor  who chose instead to use FedEx services to fly parts overseas daily. In the end, this solution  saved the company money. FedEx has built its reputation on tight logistics and responsive  customer service management practices. They are leading the way for other companies to grow  through their example with controlled flexibility and SCM procedures that can seamlessly evolve  in times of change or uncommon needs. 

Amazon 

The company’s focus is on growth based on, “its holy trinity of price, selection, and  availability,” as explained by former Amazon executive John Rossman in his book The  A mazon Way . One of the company’s strengths is that it built its supply chain management tools  from the ground up. As a result, they were able to build a system where communication in real time is standard practice, and making adjustments is inherently part of the way the system works.  While other big-box giants and mega superstore companies are scrambling to retrofit outdated  and disjointed IT, Amazon is efficiently zipping ahead of the competition. Communication in  real-time means convenience for customers. Orders can be filled and shipped from a variety of  locations to maximize efficiency and customer satisfaction. When a process is deemed no longer  relevant it is abandoned for more responsive solutions. 

Of course, few companies have the supply chain budget of companies like Amazon and FedEx,  but the strategies these companies use can be applied to drive growth at any level. 

Benefits of Integrated Supply Chain Management

No matter the size of an organization, a more responsive SCM strategy focused on adding more  value for the end customer can directly impact company growth. Whether it is integrating current  technology to make better use of existing software for tracking and customer feedback, or  identifying alternative product sources and shipping routes, staying abreast of SCM best  practices and applying innovation is a powerful way to boost corporate growth . Even minor  adjustments can lead to strong ROI when it comes to saving purchasing and inventory costs,  making shipping services more efficient, and addressing customer service concerns head-on. 

Just as FedEx and Amazon case studies show, focusing on a comprehensive approach to SCM  can result in great products or services offered at the most competitive prices for consumers who  are more Internet savvy and product-educated than ever before. 

Direction:  

In 5 – 8 pages in MS Word, conduct research and case analysis, and respond to the following  questions: Using the information from the business cases. 

1. Define Operations Management & differentiates between operations and manufacturing:  explain by reflecting on Amazon or FedEx  

2. Describe the elements involved in planning and designing an operations system in  FedEx/or Amazon 

3. Defines the Supply chain management and the activities it involves by reflecting on  FedEx & Amazon 

4. Explain how FedEx & Amazon are utilizing technology to foster effectiveness and  growth: 

5. Explain by explaining their usage of Computer-assisted manufacturing (CAM) to dictate  the nature of their transformation process 

You are required to cite at least three internal or external sources in your postings, formatted to  APA standards. Avoid citing sources from Wikis, Wikipedia, Dictionary.com, private company  websites, and other non-academic references. 

Review APA standards: https://owl.english.purdue.edu/owl/ (Links to an external site.)Links to   an external site. (Links to an external site.) 

Related Tags

Academic APA Assignment Business Capstone College Conclusion Course Day Discussion Double Spaced Essay English Finance General Graduate History Information Justify Literature Management Market Masters Math Minimum MLA Nursing Organizational Outline Pages Paper Presentation Questions Questionnaire Reference Response Response School Subject Slides Sources Student Support Times New Roman Title Topics Word Write Writing