Six To Eight Pages In Length, No More Or Less
Six To Eight Pages In Length No More No Less Exclusive Of The Refer
Six to eight pages in length (no more no less), exclusive of the reference page. It must be double spaced in Times New Roman font, 12 points in size. The paper should cite at least six sources in APA format. One source can be your textbook. Please make sure you review the Assignment Rubric.
The past 7 weeks, we learned about Operations Management and how its importance in organizational success. To demonstrate your understanding, please complete the following: Select an organization; once you have, describe the importance of operations management (OM) for that organization. You will then pick a country, or foreign market that the organization is planning to move operation into. Describe the country; completing a SWOT analysis; and describing the organization’s operations strategy for this new market. Describe the importance of project management techniques (e.g., PERT and CPM). The importance of forecasting, as well as different approaches that may be implemented by you the OM. As a group you will also be required to describe the design of goods and services for this new market. The design section should include the product development, issues for product design, ethics, and sustainability. It also needs to discuss the managing operations (i.e., supply-chain management, inventory management, aggregate planning, and maintenance). Please make connections between the different topics as you move from one paragraph to the other. A table of contents will be required, as well as an abstract. Do not identify the question by numbering your answer. It should flow and please do not forget to write an introduction and a conclusion. Please use APA formatting. A good resource to brush up on your APA skills is the OWL website.
Paper For Above instruction
The integration of operations management (OM) within organizational strategy is critical to ensuring success in today's globalized business environment. This paper explores the significance of OM through the lens of a selected organization planning to expand into a foreign market, emphasizing the strategic considerations vital for such a move. The analysis begins with an introduction to the organization and the importance of OM therein, followed by a detailed market entry strategy, including a SWOT analysis of the targeted country. Subsequently, the paper delves into the organization’s operational strategy tailored for the new market, illustrating how project management tools like PERT and CPM facilitate effective implementation. The discussion also highlights forecasting methodologies and their application in capacity planning and demand prediction. Additionally, the paper examines the design of goods and services, addressing product development, ethical considerations, and sustainability efforts. The management of core operations functions, such as supply chain, inventory, and maintenance, ties the strategic components together, illustrating a holistic approach to operations management in international expansion. Throughout, connections between topics are emphasized to demonstrate the integrated nature of OM, culminating in a conclusion that summarizes key insights and future considerations. A table of contents and an abstract are also included to organize and frame the discussion comprehensively.
Table of Contents
- Introduction
- Organization Overview and Importance of Operations Management
- Market Selection and Country Description
- SWOT Analysis of the Target Country
- Operations Strategy for the New Market
- Project Management Techniques: PERT and CPM
- Forecasting Methods and Approaches
- Design of Goods and Services
- Managing Operations: Supply Chain, Inventory, and Maintenance
- Conclusion
- References
Abstract
This paper examines the critical role of operations management in the strategic expansion of a selected organization into a foreign market. It provides a comprehensive analysis starting with an organizational overview, followed by a detailed SWOT analysis of the chosen country. The discussion highlights how the organization’s operations strategy adapts to the new market environment, utilizing project management techniques such as PERT and CPM to ensure successful implementation. Moreover, the paper explores forecasting methods that predict demand and capacity needs. An integral part of the analysis is the design of goods and services, focusing on product development, ethics, and sustainability. The management of core operational functions, including supply chain, inventory, and maintenance, is emphasized to demonstrate an integrated approach to international operations. This holistic view underscores the interconnectedness of operations management topics and their importance in international business expansion.
References
- Chase, R. B., Jacobs, F. R., & Aquilano, N. J. (2021). Operations management for competitive advantage (14th ed.). McGraw-Hill Education.
- Heizer, J., Render, B., & Munson, C. (2017). Operations management (12th ed.). Pearson.
- Meredith, J. R., & Shafer, S. M. (2019). Operations management for MBAs (6th ed.). John Wiley & Sons.
- Slack, N., Brandon-Jones, A., & Burgess, N. (2019). Operations management (9th ed.). Pearson.
- U.S. Department of Commerce. (2020). Country commercial guide: [Country Name].
- Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance. Free Press.
- Project Management Institute. (2017). A guide to the project management body of knowledge (PMBOK® Guide) (6th ed.). PMI.
- Christopher, M. (2016). Logistics & supply chain management (5th ed.). Pearson.
- Fitzsimmons, J. A., & Fitzsimmons, M. J. (2014). Service management: Operations, strategy, and information technology (8th ed.). McGraw-Hill Education.
- Chopra, S., & Meindl, P. (2016). Supply chain management: Strategy, planning, and operation (6th ed.). Pearson.