OPS571 WK3 Phoenix Lean Techniques Applied to Business in Today's Workforce

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Description

Class,

Please see attached grading guide for criteria and points. Please choose a company you have some familiarity with in order to make relevant suggestions. Please realize lean strategies for improvement are not specifically Six Sigma, ERP systems or Sustainability.

Darrell

OPS 571 R8 Week 3 Lean Techniques Grading Guide.docx

Purpose of Assignment

The purpose of this assignment is for students to evaluate the lean techniques applied to business in today's workforce.

Note: Students and Faculty seeking more information on this assignment can refer to Ch. 14 of the Operations and Supply Chain Management textbook.

Assignment Steps

Select a business you are familiar with which incorporates lean manufacturing or lean supply chains.

Evaluate how this firm uses lean strategies and how much lean techniques has improved the firm's efficiency.

Evaluate ways the firm can go even further to make improvements using lean techniques.

Consider Goldratt’s theory of constraints and its use in overcoming bottlenecks

Determine if there are improvements that can be made in scheduling and/or controlling techniques

Use the results you obtained from evaluating this firm to apply to your own business or a business you are interested in which currently does not use lean.

Develop a 1,050-word report in which you describe your lean evaluation project.

Format your assignment according to APA guidelines.


Consider: What is the lean concept and why is it important to study? How can lean be applied to manufacturing and service

processes?

Consider: What is work center scheduling and why is it important for firms to focus on? How to apply scheduling techniques to service and manufacturing processes

Consider: What is work center scheduling and why is it important for firms to focus on? How to apply scheduling techniques to service and manufacturing processes


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Explanation & Answer

Attached.

Running head: LEAN CONCEPTS OF SUPPLY CHAIN MANAGEMENT

Lean Concepts of Supply Chain Management
Student’s name
Affiliated institution

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Introduction
Every business unit tries to plan their work in a way that improves efficiency and helps
optimize available resources. They also try to achieve optimal productivity in their day to day
operations. To realize this, the firms achieve by applying many concepts to run their operations.
One recommendable concept is the lean supply chain management that seeks to improve how
every firm manages their supplies to avoid wasting resources.
Whereas firms can benefit low prices from buying large quantities of stock, this strategy,
in most cases, ends up costing the firm much more. This is because most companies end up
purchasing unnecessary stock that increase storage costs, which might end up becoming
obsolete, leading to losses. On the other hand, purchasing materials in smaller quantities put the
company at risk of shortage costs and increased transport cost. As such, managers are in a
constant dilemma on which is the best approach that will help their firms minimize costs. For
this reason, the lean concept helps managers identify wastes as well as unwanted processes, and
in the long run eliminate them. Managers are required to evaluate value and non-value items,
along with activities in the supply chain process; by so doing, they get rid of all those items and
activities that have no value addition and focus on enhancing value items and activities in the
firm (Myerson, P.2012).
According to Martínez & Moyano (2014), lean concepts focus on the whole supply chain
process which begins as of ordering from suppliers, all way to delivering final products to
customers. The first focus of the lean concept is procurement; here, manag...


Anonymous
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