Project 1
Respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.
Summary - The line managers in the production department have heard a lot of good things about value chain management. They heard that you have done considerable research on this topic. They have come to your office today to discuss value chain management with you.
Assignment: Summarize 3 examples of how value chain helps companies become more competitive. You are presenting these to the administrative team from the production department.
• Discuss how value chain helps companies create and build value for their clients and partnering organizations by answering the following questions:
o How do you believe value chain management works?
o How do you think value chain management can help companies be more competitive?
o How do you think value chain management helps companies create and build value?
Be sure to include your references, and format your submission in APA format.
Project 2
Summary - You are a new member of the operations team of a midsize manufacturing company with 500 employees. The decision makers at your manufacturing plant are struggling to meet production performance levels. After evaluating the company's performance level problems, you quickly realize that the company did not follow a standardized operations management process.
The operations manager and the warehouse manager are the key decision makers in your business unit. They have asked for your assistance in presenting the benefits of incorporating a standardized operations management process.
Assignment: Draft a business memo to the operations manager and warehouse manager of 1,000-1,200 words, outlining the following:
o How can your company apply operations management (OM)?
o Discuss two examples of how OM is used to improve the efficiency and effectiveness of business operations.
o Discuss the purpose of OM and how it could improve things like production, quality assurance, resource management, and customer stratification.