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OPMT1198 Operations Management Fundamentals
Tasks:
Group Assignment
Using the materials learned each week throughout this course, in your groups create an Operations plan for the selected scenario provided by your instructor Mark Bukata. The written report must be completed to a highly professional level. Clarity, appearance, content, spelling and grammar are all important aspects within the report.
Where information is not provided your Group may make assumptions based upon some business logic. These assumptions must be listed in your report under a separate page titled: Statement of Assumptions. The Operations plan is to focus upon how the business will operate on a daily basis. Forthis assignment assume that funds are available for the business and that the firm has a sales and marketing team in place. Your operations plan does not need to include any financial analysis or strategic planning.
Repot Content
The final report must contain ALL of the following:
1. Identification of the Customer and what they specifically Value from the firm
2. Scope of the business- what are the competitive priorities
3. Your product(s) – full description and design of each
4. Forecast of Demand for products or services for next 12 months – forecasting method and how it will be monitored
5. Process flow of the operation- show diagram and explain fully
6. Business layout – show layout diagram and explain why laid out this way and how this layout improves operations efficiency
7. Staffing requirements –organizational structure of the operation
8. Quality dimensions
9. Capacity planning and identification of capacity limitations (bottleneck operations) for daily work activities – numerical analysis of maximum daily productivity or efficiency attainable
10. Inventory control: specific items & quantities and materials requirements
11. Supply Chain – list of suppliers and supply methods to be used
12. Quality– explain how quality will be maintained through all work processes/activities (inspection points)
a. Show the method of solving a quality problem
b. Show how the problem will not occur again
13. Key Performance measurements (KPM) to measure success of the operation
14. Operations planning – thorough review of types of risks, impact upon on operations and contingency plans to put in place
15. Other issues important for your business; suppliers, government regulations, environment, etc.
The report is not just answering the questions. This report must begin with an Executive Summary followed by the Statement of Assumptions, listing any assumptions you make. Then each area discussed should take into consideration your assumptions. Each category should be based upon subject materials as presented within each week’s class.
This report will include a title page listing the members of the group*** followed by the Executive summary, then a List of Assumptions and then the body of the report. Bibliography and references are not required. An assignment with this “weight” towards your final grade needs your attention and effort. In the past these reports have averaged anywhere from 20 – 30 pages in length. Please note that it is the CONTENT of the report that matters, not the length.
OPMT1198 Operations Management Fundamentals
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