OPS 571 University of Phoenix Week 6 Operations Management Analysis

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Business Finance

OPS 571

University of Phoenix

OPS

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Signature Assignment Grading Guide OPS/571 Version 8 Operations Management Copyright Copyright © 2017, 2016, 2013 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other co untries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Signature Assignment Grading Guide OPS/571 Version 8 Individual Assignment: Signature Assignment Purpose of Assignment The purpose of this assignment is f or students to demonstrate mastery of operations management concepts and tools. About Your Signature Assignment This signature assignment is designed to align with specif ic program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignments may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used f or program improvements . Resources Required Content Met Partially Met Not Met Total Available Total Earned 105 #/105 Partially Met Not Met Comments: Developed a 700- to 1,050-word memo to a prospective employer outlining your credentials (including taking this class), all of the projects you have done f or this class (Learning Team and Individual), and their impact on the businesses you have engaged with so a Senior Manager reading it would want to hire you as either an operations consultant or permanent employee. Summarized the business case f or each project. Outlined what you specif ically accomplished, assuming these projects were implemented their estimated impact on the business. Utilized the learnings f rom Week 6 to highlight your skills in global sourcing, procurement and outsourcing which can also be of benef it to your target f irm. Writing Guidelines The paper—including tables and graphs, headings, title page, and ref erence page—is consistent with APA f ormatting guidelines and meets course-level requirements. Intellectual property is recognized with in-text citations and a ref erence page. Met Comments: 2 Signature Assignment Grading Guide OPS/571 Version 8 Writing Guidelines Met Partially Met Not Met Total Available Total Earned 45 #/45 150 #/150 Paragraph and sentence transitions are present, logical, and maintain the f low throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are f ollowed including spelling and punctuation. Assignment Total Additional comments: # Comments: 3 Bespoke Shoes A high end product for a select clientele. Market On Bespoke Shoes • Elite clients. • Recession proof • We are not looking for someone deciding between brands, we are selling to those deciding how many of each brand to buy. • Price ranges from $2,000 to $6,000 from the worlds leading brands in this space. Not your Dad’s Air Jordan’s. Why a new brand? • Most the best are in England, Italy, France, or Japan. • No American leader in this industry. • America has some of the best leather and no one is capitalizing on that in this space. • Room to start cheap (for this field at least) and build a legacy of quality that will demand the higher prices. Horween Leather • • • • Produces one of the finest and most durable leathers in the world. Luxury brands of all sorts already use this product in high ticket items. Cross brand with them for name recognition for both. Factory in Chicago, Illinois Location Considerations • Closeness to Horween Leather • • • • Good Leather for this level of shoe is not a fungible product. Able to go choose individual sides as required Restricts waste created by less that optimal pieces Bulk shipping can be arranged quickly and on demand. • Major city with amenities to attract and retain skilled, specialized labor • Transportation hub able to accommodate any level of growth. Location continued.. • • • • Chicago costs are low. 3161 N ELSTON AVE Chicago, IL 60618 7,500 SF $1.25/SF/mo. Comes to $9,375/mo. Cost Feasibility • Quick analysis: • No more than 25% of revenue into rent. • 25 pairs a month required to make it: • $9,375 a month rent • $9,375/.25 = $37,500 • Low initial price point $1,500. • $37,500/$1,500 = 25 pairs to make our rent only 25% of monthly costs.
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Signature Assignment

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To: Prospective Employer
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Re: Signature Assignment

For one to perform the role of an operations consultant, data analysis, time management,
multitasking skills, business management, and negotiation skills are a must. After five weeks of
extensive learning, I have gained enough knowledge that has enabled me to perform the tasks of
an operations consultant. This has been part of the process of gaining my MBA from the University
of Phoenix. For the five weeks a number of processes we learned. For the first week I completed
the Flow Chart Improvement Process, here I designed a flowchart for a process and summarized
the results. Week two involved Statistical Process Control Methods, here I was able to use
statistical methods to monitor and control a business process. Week three involved implementing
lean techniques, here I was able to reduce waste while maintaining high quality. I also learned
about the Six Sigma Yellow Belt Training. Week four involved operations...


Anonymous
I was having a hard time with this subject, and this was a great help.

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