Refer to the Nissan case study, your own independent research, and the course ma
ID: 2747005 • Letter: R
Question
Refer to the Nissan case study, your own independent research, and the course materials to complete this milestone. Specifically, the following critical elements must be addressed: I. Generating Value A. Evaluate how the company in the case study uses operations management functions to provide products and generate value for its customers. Support your claims with examples from the case study or outside sources. B. Assess how this company achieves a competitive advantage using operations management. Provide examples found in the case study or outside sources to support your reasoning. C. Compare and contrast service operations and manufacturing operations at the company in the case study. How are they the same? How do they differ? How does each of these operations provide value for their customers? II. Theories and Techniques A. Compare and contrast the critical path method (CPM) and the program evaluation and review technique (PERT). What types of projects at this company would favor PERT over CPM? Why? What types of projects at this company would favor CPM over PERT? Why? B. Explain the steps used to develop a forecasting system. How would these steps be specifically utilized by this company? What do you predict would be the result of implementing a forecasting system for the top-selling product line at this company? C. List the major categories of supply chain risk and associated risk reduction tactics. How could the company mitigate exposure to supply chain disruptions caused by natural disasters? For example, consider the 2011 earthquake and tsunami that devastated parts of Japan.
This is the link https://mitsloan.mit.edu/LearningEdge/CaseDocs/13-149%20Nissan.Simchi-Levi.pdf to nissan case study
Explanation / Answer
Ans:
A: The Operations capacity unites crude materials with the creation procedure to make items that clients need. It likewise shares thoughts over the organization about how to enhance forms or accomplish cost funds. This is known as best practice.
The advantages are far reaching, for example, expanded proficiency and more compelling administration of wellbeing and security and natural issues. Operations administration concentrates on the capacity of giving the item or administration. Their employment is to guarantee the generation of a quality decent as well as administration. They apply thoughts and advances to expand profitability and lessen costs, enhance adaptability to meet quickly changing client needs guarantee a sheltered working environment for all representatives, and when conceivable help with guaranteeing amazing client administration.
Generally the title Operations Manager is utilized as a part of organizations that create an unmistakable decent makers all in all. In administration situated organizations the individual in charge of the operations chief part is frequently called by another name, one that addresses the administration being advertised.
The Nissan Plant Management System shows up to be a sound system for presenting quality and profitability change with an attention on waste end and consumer loyalty. The premise for the framework has all the earmarks of being twofold. Firstly it depends on a institutionalized approach and train must be set up to reliably work to those norms which frame the premise of the framework. The framework is extremely prescriptive in its techniques and application criteria also is significantly more far reaching than the fundamental necessities of the ISO 9001 adaptation of a Quality Management Standard. The control of the framework must originate from the foreman who can assume an authority part in guaranteeing that administration's objectives are met through the guideline of Challenge and Practice and at the same time guarantee that the workforce are eagerly working towards change objectives.
A:
Venture administration is an essential part of each business undertaking. At whatever point another item or administration is propelled when leaving on a promoting effort; or while sorting out any new activities venture administration is expected to make everything composed and effective.
CPM is a method that is utilized as a part of ventures that have unsurprising exercises and errands, for example, in development ventures. It permits venture organizers to choose which part of the undertaking to decrease or increment when an exchange off is required. It is a deterministic device and gives an appraisal on the expense and the measure of time to spend keeping in mind the end goal to finish the task. It permits organizers to control both the time and cost of the undertaking.
then again is utilized as a part of ventures that have capricious undertakings and exercises for example in innovative work ventures. It uses three assessments of an ideal opportunity to finish the task: the most likely the most encouraging and the most unfavorable.
It is a probabilistic instrument utilizing a few appraisals to decide the time finish of the venture and to control the exercises included in the undertaking with the goal that it will be finished quicker and at a lower cost.
A mind boggling venture would ordinarily experience a few postpones and may surpass the financial backing designated for it making an undertaking immoderate and which may prompt misfortunes. While numerous systems come up short in taking care of these issues there are two apparatuses which have been turned out to be powerful. The two best and broadly utilized strategies are the Program Evaluation and Review Technique (PERT) and the Critical Path Method (CPM).
While both fill the same need that is the quick and successful culmination of a venture they are distinctive in numerous viewpoints for example the measure of time that they take into account every task.
1.The Program Evaluation and Review Technique (PERT) is a task administration strategy or device which is appropriate for ventures that have eccentric exercises while the Critical Path Method (CPM) is an undertaking administration instrument which is reasonable for tasks that have unsurprising exercises.
2.CPM utilizations a solitary evaluation for the time that a task can be finished while PERT uses three assessments for the time that it can be finished.
3.CPM is a deterministic task administration device while PERT is a probabilistic venture administration apparatus.
B:
Ventures IN THE FORECASTING PROCESS
Notwithstanding what guaging strategy is utilized, there are some essential steps that ought to be taken after when making an estimate:
Choose what to figure. Keep in mind that estimates are made so as to get ready for what's to come. To do as such we need to choose what estimates are really required. This is not as basic as it sounds.
1. Decide the utilization of the figure
2. Select the things to be determined
3.Determine the time skyline of the determined
4.Select the determining model(s)
5.Gather the information expected to make the figure
6.Make the figure
7.Validate and actualize the outcomes
All figures are critical however some are likely more represent the moment of truth than others.
On the off chance that you are making a noteworthy speculation or going for broke in view of an estimate, you will need it to be as precise as could be expected under the circumstances. In those cases Armstrong says that utilizing various techniques and taking the normal result can enhance precision.
C:
Present day supply chains are extremely mind boggling with numerous parallel physical and data streams happening to guarantee that items are conveyed in the right amounts to the perfect spot in a financially savvy way. The drive towards more effective supply systems amid late years has brought about these systems turning out to be more powerless against disturbance. Specifically there frequently has a tendency to be next to no stock in the framework to cradle intrusions in supply and hence any disturbances can have a fast effect over the supply systems.
Production network danger is about any risk of intrusion to the workings of the store network. Danger might be created as a consequence of danger drivers that are either inside or outer to the organization
Outer Drivers
Request hazard
Request hazard identifies with potential or real unsettling influences to stream of item data and money exuding from inside the system between the central organization and the business sector. This interest danger can be a disappointment on either the high or low side to precisely oblige the level of interest.
Supply hazard
Supply danger is what might as well be called request hazard, it identifies with potential or genuine unsettling influences to the stream of item or data radiating inside the system upstream of the central organization. In this way, it is danger connected with an organization's suppliers, or supplier's suppliers being not able convey the materials the organization needs to adequately meet its generation prerequisites/request conjectures.
Ecological
Ecological danger is the danger connected with outer and from the organization's point of view wild occasions. Illustrations would incorporate port and warehouse barricades conclusion of a whole mechanical region because of flame or substance spillage, occasions, for example, tremor, violent wind, volcanic or terrorist movement.