Review-risky business-high payoffs


Discussion:

Review the 5-S Guidelines provided in Chapter. Using your desktop, a coffee table, or other small area, attempt to "5-S" that area. In 200 to 250 words, discuss some of the challenges you faced when trying to implement 5-S and ways you overcame them

Third Party Supplier Relationship Management (3 P.L. S.M.S.)

Read the Forbes article, "Risky Business, High Payoffs." Based on the content presented in the article, what is the value to the company and the supplier in developing and implementing a Third Party Supplier Relationship Management System (3 P.L.S.M.S.)? How can such a system provide greater efficiency? In 200 to 250 words, describe the value to the organization.

 

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Operation Management: Review-risky business-high payoffs
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