CASE QUESTIONS: For this initial meeting with the Directors, you are to prepare a short summary of your recommendations, including the following:
1. A synopsis of the inventory and supply chain management problem(s) as you perceive them to be.
2. Using the facts of the case, as well as theories and best practices that you have learned in the Operations Management course, prepare a short description as to what you intend to do to address each of the 5 goals in the attached case.
3.Explain how you would identify and use measures of effectiveness (identify appropriate metrics) to assess progress in resolving these issues.
When submitting recommendations (on the three items listed above), use the attached template for your response to this case study. You may use two (2 1/2) “typewritten” pages, double-spaced for each recommendation. If you require more than two and one half pages, each recommendation should not exceed three (3) pages in total. You can use other material (e.g., Internet sites, textbooks, or outside readings) that will support your recommendations. However, refer to Operations Management course. Please submit your responses in MS Word.
Deadline if firm. Will allow no more than one additional hour.
Case of the Rewired Supply Chain
Integrated Studies in Procurement and Acquisitions Management ? PROC 6000
1. A synopsis of the inventory and supply chain management problem(s) as you perceive them to be.
2. Using the facts of the case, as well as theories and best practices that you have learned in the PROC 5820, Operations Management course, prepare a short description as to what you intend to do to address each of the 5 goals below.
1. Allow ORUN to minimize costly inventory.
2. Improve the overall supply chain management within the company.
3. Ensure demand requirements are met, avoiding stock outs and reducing overall cost.
4. Standardize business practices among plants with a given supplier.
5. Increase supplier efficiency with real time information on firm planned orders and forecast.
3. Explain how you would identify and use measures of effectiveness (identify appropriate metrics) to assess progress in resolving these issues.