Iscom305 wk 4 dq's
Iscom305 wk 4 dq's
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This 0 page Study Guide was uploaded by tophomework Notetaker on Thursday November 12, 2015. The Study Guide belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 20 views.
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Date Created: 11/12/15
How might materials requirement planning MRP be applied to the surgery suite of a hospital scheduling university classes a chain of restaurants and hotel renovations What are the strategic goals of supply chain management and how does procurement transportation and distribution affect these goals What is the purpose of sales and operations planning How does the stop process enter into the planning process What value is it to organizations How might materials requirement planning MRP be applied to the surgery suite of a hospital scheduling university classes a chain of restaurants and hotel renovations The main objective of material requirements planning MRP a computerized inventory control and production planning systems is to ensure that material is available when needed which can easily lead to a tremendous investment of funds in unnecessary inventory Russell amp Taylor 2009 p 674 Materials requirement planning MRP might be applied to the surgery suite of a hospital since common items such as scalpels medicines etc are needed MRP determines when items are needed and schedules those items to be ready at that time Certainly a hospital cannot simply delay surgeries or patient care due to insufficient inventories or supply MRP may also be applied in the scheduling of university classes MRP can be used in order to assure materials staff and students are all scheduled and ready at the time required Poor scheduling of materials staff or placement of students can cause needless delays MRP in a chain of restaurants could of a benefit Since restaurants deal in perishable items there are great health concerns It is imperative that restaurants receive orders in a timely manner when they need them Receiving food product too early can cause rotting or food poisoning in the same receiving food product too late will lower the restaurants ability to meet customer needs Lastly MRP can be used in hotel renovations The scheduling and ordering of materials required during a renovation project is crucial Materials are needed during different phases of the project therefore materials need to be timely If delays are experienced the entire renovation project is delayed Reference Russell R S amp Taylor B W 2009 Operations Management Creating Value Along the Supply Chain 6th ed Hoboken NJ John Wiley amp Sons What are the strategic goals of supply chain management and how does procurement transportation and distribution affect these goals The strategic goals of supply chain management SCM are providing customer satisfaction integrating and managing the ow of goods and lowering costs Supply chain management SCM focuses on integrating and managing the ow of goods and services and information through the supply chain in order to make it responsive to customer needs while lowering total costs Russell amp Taylor 2009 p 410 Made up of many interrelated members including raw materials suppliers distributors and the customer A supply chain encompasses all activities associated with the ow and transformation of goods and services from the raw materials stage to the end user customer as well as the associated information ows Russell amp Taylor 2009 p 406 Companies count on the combined and coordinated effort of all members in the supply chain Procurement transportation and distribution can affect SCM goals in several ways If any one of the stages procurement transportation and distribution is delayed or miss communicated in any way the end goal is affected In each the speed and costs affect the end goal Seed of which supply is procured speed of delivery and transportation and speed of distribution can either decrease or increase customer satisfaction Again in each the costs associated with the procurement transportation and distribution can either increase or decrease customer satisfaction An effective supply chain requires information communication cooperation and trust Supply chains require close collaboration cooperation and communication among members to be effective Russell amp Taylor 2009 p 411 Reference Russell R S amp Taylor B W 2009 Operations Management Creating Value Along the Supply Chain 6th ed Hoboken NJ John Wiley amp Sons What is the purpose of sales and operations planning The purpose of sales and operations planning is to set objectives assign resources set timelines etc Sales and Operations Planning SampOP is an aggregate planning process that determines the resource capacity a firm Will need to meet its demand over an intermediate time horizon 6 to 12 months in the future Russell amp Taylor 2009 p 580 According to Russell amp Taylor 2009 two objectives to sales and operations planning are to establish a companywide game plan for allocating resources and develop an economic strategy for meeting demand p 581 How does the stop process enter into the planning process The stop process enters into the planning process since tasks are contingent upon the results of the previous task The stop process must be applied to subsequent processes should the prior process fail For example if a product being manufactured fails a quality test the stop process must be applied to the rollout or distribution of the product What value is it to organizations The stop process is crucial to the success of organizations Planning sales and operations Will minimize uncertainties and lead to achievement of goals If stop process is applied at the right time more innovative activities can be undertaken the organization gets a competitive edge economies are achieved and improve control is achieved In short planning of sales and operations and the use of stop process are both of value to an organization Reference Russell R S amp Taylor B W 2009 Operations Management Creating Value Along the Supply Chain 6th ed Hoboken NJ John Wiley amp Sons
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