Business Operations and Supply Chain Management Questions

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Svg6589

Business Finance

Description

Answer each in 150 words minimum in your own words. Cite and provide reference(s).

How do companies go about designing products and services?

What are some of the issues with product and services design?

What are some of the differences in designing products for manufacturing and services?

What is operations consulting and how can it help firms to become more efficient?

What are some of the tools used by operations consultants?

How can one execute the tools of operations consulting to improve business processes?

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Explanation & Answer

Attached.

Running head: BUSINESS OPERATIONS AND SUPPLY CHAIN MANAGEMENT
1

Business Operations and Supply Chain Management
Student Name
Professor’s Name
Course
Date

Business operations and supply chain management
2
Question 1
When planning to develop a new product or service it is important to pay key attention to
the products or service design. Successful designs are the ones that address the following basic
principles: they should translate the customers wants and needs, develop new products and
services, formulate quality goals, construct and test prototypes, document specifications, refines
existing products and wants and finally translates products and services specification into process
specifications. The procedure of designing has several steps which can be described as
motivation, ideas for improvement, organizational capacities, and prediction of the future. It is
also worth noting that in the product and service design one aspect that plays a key role is
research and development. Since the product and service design have a major bearing on an
organization, it is usually important that it be bind to the organization’s strategy. Among many
other issues that should be put into perspective when planning to do product and service design
for an organization is technological shifts, competit...


Anonymous
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