This website uses cookies to ensure you have the best experience. Learn more

Operation Essay

1114 words - 5 pages

Slide 1. Inventory Management ( ALZAM )

Gd evening everyone, my name is ALZAM. Today my group members and I will be presenting our case study on inventory management. Let me introduce my group members, Jefren, Jerrick, Alan, Victor and Kelvin. Our presentation will last abt 20 mins

Slide 2. Introduction (ALZAM)

Let me start off by introducing inventory management. Its part of Supply Chain Management that contain systems and processes of maintaining the appropriate level of stock in a warehouse. It is important not only maintaining the inventory accuracy and level but also required to achieve customer satisfaction level and minimize the inventory carrying cost will not be easy task. ...view middle of the document...

And in 1999, Dell surpass its competitors – Compaq to become the largest seller in US. From there onwards, Dell start to grow and improve.

Now, I’ll pass to ( ) to find out in the 90s, what had caused the problems.

Slide 5. Problem arising ( )

Do you know that whenever there’s an increase in demand or sales, inventory cost may also increased? This is to fulfill the customer services level and fill order rate. On this slide, you’ll see how high inventory from Dell come abt. Its design a PC using proprietary components and reduce it instruction set computer (RISC)chips, all these lead to oversupplied in its warehouse.
To click next slide.
Slide 6. Problem Arising ( )
To further affix to the high inventory, Dell also found out that the rapid changes in Technogies, will kill it company one day. Reason due to computer loses it value too fast, and it’ll causes huge liabilities to hold inventory. And when forecast is wrong, Michael Dell will have to write off. Dell finally comes out with 5 business strategies model to follow.

I’ll closed the problem here, and hand over to ( ). To talk abt solution

Slide 7. Solution ( )

Dell uses these 5 key strategies to integrates, improve its inventory and gain more profit.
I’ll pass on to ( ) for
Slide 8. Solution ( )

First, Rapid time to volume, from this, we know that Michael Dell strategies game is to cut short the lead time to meet the customers demand.
Next, By using one of the Dell core philosophy, “Sell what you have rather than make what you sell” explained this built to order system.
I’ll pass on to ( ) for
Slide 9. Solution ( )

By elimination of reseller markups, Dell uses direct sale model to abandon middle man or retailers. This is to bring down costs and finishing products which are hold on at major retailer shops. Michael Dell help its product became more affordable and appealing to the consumers.
I’ll pass on to ( ) for
Slide 10. Solution ( )

Dell know by holding inventory is a liability, for this reason, it encourages suppliers to built SLC or revolver warehouses near its location and store assembly parts. This will reduce the lead time taken, and suppliers bear the inventory holding costs...

Other Papers Like Operation

Operation Twist Essay

626 words - 3 pages Operation Twist In 1961, John F. Kennedy was placed into office at a time when the economy was formally in a recession. As a new president his first order of business was to get the economy back in full capacity, thus he had announced a joint monetary venture with the Fed to stimulate the economy and fight unemployment which was then at 6.8% . The monetary policy proposed was known to the Fed as Operation nudge, name for the effect of nudging

Operation Management Essay

4783 words - 20 pages MODULE NUMBER: P58304MODULE TITLE: OPERATIONS MANAGEMENTCONTENTS1Introduction2Description and Analysis of Operations and Operating Processes2Evaluation of Operational Performance against Strategic Requirement 8 Recommendation for Improvement of Operation Function 12Appendices 17References and Bibliography 19INTRODUCTIONMaritime and Port Services, MPS Ghana Limited is a Shipping Agency involved in the provision of transport and logistic services

Operation Barbarossa

563 words - 3 pages Operation Barbarossa Essential Question: What were the motives for the initial Nazi invasion of the USSR in 1941 and Why did Operation Barbarossa eventually fail. The motives for the initial Nazi invasion of the USSR in 1941 can first be traced back to 1925. That was the year Mein Kampf was published. Hitler suggested in Mein Kampf that he would invade the Soviet Union, asserting that the German people needed lebensraum, or living space and

Operation Management

1982 words - 8 pages Formulate an operations strategy for your business The role of operation strategy is to provide a plan for the operations function so that it can make the best use of its resources. The operations strategy must be aligned with the company’s business strategy and enable the company to achieve its long term plan. Once the business strategy has been developed, and operation strategy must be formulated. The operation strategy relates the business

Operation Management

3079 words - 13 pages Table of Contents Chapter 1: Introduction 2 1.1 Company Background 2 1.2 Nature of business 2 1.3 Objectives of Operation Performance 3 Chapter 2: Methodology of Data Analysis and Findings 4 2.1 Transformation Process 4 2.2 5Ps in Education Service 5 2.3 Service process matrix, challenges and delivery 7 2.4 Designing service and process 9 2.5 Operations management in people, jobs and organizations 10 2.6 Working

Operation Management - 735 words

735 words - 3 pages seek out reliable suppliers. Both organisations want to run efficient operation with high productivity. There are two basic ways of categorising organisations and the operations they undertake. The first is to consider organisations as belonging to different sectors :primary (producing raw materials), secondary (manufacture and produce goods) or tertiary(sells goods,service-sector organisations). An alternative way of viewing organisations

Operation Management - 4067 words

4067 words - 17 pages materials takes for 1 meter long. The remaining material will be moving into storage which take 10 minutes time. Meanwhile, our operation department will start the operation. First, the machines will assembly the spectacle and its structure according to the design for 20 minutes longer. Next, they will start to build a frame in 10 minutes time. Once the frame had built, it will send to the next operation which the machine will insert the lens and the

Operation Management - 743 words

743 words - 3 pages . |   | a. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity. | b. |   | Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. | c. |   | Comment on the changes in productivity according to the two measures, and on which one you believe is the more pertinent for this situation. | | 5. |   | An operation has a 10

Operation Management - 4552 words

4552 words - 19 pages ........................................................... 5 2.1. 2.2. Organizational Operation Management at HFL .......................................................... 8 Key Operations at HFL ................................................................................................. 9 2.2.1. Milk Collection .......................................................................................................... 9 2.2.2. Distribution

Operation Research

840 words - 4 pages Cases in Operation Management Semester 4 PGDBA (Operations) Page 1 Question-: 1 The “Quality Auto Works” is a manufacturer of auto parts. All the auto parts being manufactured in the industry are required to be phosphated for surface protection. Presently other small units are done this phosphated

Operation Management - 949 words

949 words - 4 pages OPERATIONS MANAGEMENT -TOPICS & EXAMPLES What Is Operations and Supply Chain Management? 1-2 The design, operation, and improvement of the systems that create and deliver the firm’s primary products and services ¨  Operations and supply chain management (OSCM) is ¨  ¤  A functional field of business ¤  Concerned with the management of the entire production/delivery system Goods versus Services 1-3 Goods Services

Related Essays

Operation Genius Essay

547 words - 3 pages Operation Genius Did you ever think it would be possible to triple your intelligence with an operation? A 37 year old man named Charlie Gordon believed it could happen. With an I.Q. of 68, Charlie volunteered to have an operation that would triple his intelligence. However, Charlie had no idea what risks, tragedies, and amazing discoveries would befall him. Charlie was about to make discoveries that would change the science world

Operation Flood Essay

614 words - 3 pages OPERATION FLOOD The National Dairy Development Board in 1969 designed a dairy development programme to lay the foundation for a viable, self-supportive national dairy industry. The programme sought to link rural milk production to urban milk marketing through dairy cooperatives. In July 1970 with technical assistance from the United Nations Development Programme (UNDP) and the Food and Agriculture Organization (FAO), the programme was launched

Operation Management Essay 1401 Words

1401 words - 6 pages throughput. This high volume means that many of the fixed costs of running the IKEA operation such as local taxes, administrative costs and some energy costs are spread over a high volume of individual sales transactions. This reduces the overall cost of making a sale, a part of IKEA's strategy of offering good value for money. The variety of products sold in IKEA stores is relatively large compared with many furniture retail operations. For example

Operation Management Essay 3480 Words

3480 words - 14 pages Contents Introduction 2 Task 1: Nature and the Importance of Operation Management 2 Task 2: The Link between Operation Management and Strategic Planning 4 Task 3: Organizing a Typical Production Process 6 Task 4: Application of Relevant Technique to the Production of an Operational Plan for an Organization 7 Conclusion: 9 References: 10 Introduction Operation management is a part of overall function of a business organization