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Operations Management and Innovation

   

Added on  2020-06-04

18 Pages4331 Words58 Views
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Portfolios
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Table of ContentsINTRODUCTION...........................................................................................................................1PORTFOLIO 1.................................................................................................................................11. Preparation of input and output diagram.................................................................................12. Key tasks performed by operations manger............................................................................23. Description of cost, speed, quality and flexibility in relation to both context........................3PORTFOLIO 2.................................................................................................................................11.Supply network diagram with upstream and downstream echelons........................................12. Factors considering the suitable location to expand the business...........................................22. Measuring the capacity in manufacturing...............................................................................3PORTFOLIO 3.................................................................................................................................41. Development of production plan for Covolo Diving gear......................................................42. Ability of Covolo regarding implementation of chase plan....................................................53. (a) Update monthly S&OP with changing plans ....................................................................53. (b) Advantages of using S&OP, even forecast changes..........................................................7PORTFOLIO 4.................................................................................................................................84.1: Evaluation of inventory policies at WFA............................................................................84.2 Changes in inventory management.......................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10.......................................................................................................................................................11
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INTRODUCTIONPortfolio is considered as group of financial assets such as stocks, bonds and cash which are heldby individuals and managed by professionals. There are large number of portfolios which aredesigned according to the risk tolerance power of investors. Innovation is important aspect whichhelps in international operation of business activities. Present report includes 4 portfolios whichare different from each other. Portfolios one and two are based on two different sectors, mobilemanufacturer and retail store. Mobile manufacturer which is operated in UK is O2 and Retailstore in UK is ASDA. It includes the description regarding, preparation of input and outputdiagram, key tasks performed by operations manger, defining cost, speed quality and flexibility.Also, preparation of supply network diagram and factors which are considered regardingselection of location (Behrouzi and Wong, 2011).Portfolio three, includes development of level production plan, ability regardingimplementation of chase plan and advantages of using S&OP. Portfolio four includes, inventorypolicies at WFA and recommendation regarding changes in inventory management.PORTFOLIO 1Two different sectors are selected from and A and B which are mobile manufacturer andRetail store. O2 is the largest telecommunication services provider in UK. It has around 484stores in all over the world. On other hand, ASDA is largest retailer of UK which provides theirfunctions in more than 642 locations.1. Preparation of input and output diagram1
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