Operations Management Metrics Essays - 916 Words

Operations Management Metrics Operations Management Process is the central arteries within the organization because it produces the planning process for goods and services, which are its reason for existent. Operations management is linked to all organizations as every organization is producing either a product or a service. However, it cannot be said to be the most important function since there are other functional areas and boundaries within an organization. In todays fast changing world, organizations have to have a tendency towards being efficient, effective and innovative to the changing environment to succeed. Operations Management has to use metrics in order for them to accomplish their task and be successful with†¦show more content†¦Six Sigma is a business metrics that seeks to identify and eliminate causes of errors or defects as well as failures in business processes by focusing on output that are critical to customers (De Feo, Barnard 2004). It is also a measure of quality tha t strives to eliminate defects using the application of statistical methods. In this case, a defect is defined as anything that could lead to customer dissatisfaction. Six Sigma’s statistical quality control is the method used to measure variability in a product for evaluation and corrective actions. When the product metrics exceeds the bounds of acceptability, based on statistical inference, the product can be rejected with reasonable assurance that does not meet requirement. It aims to identify and eliminate waste in order to increase speed and flow from start to finish. It also identifies the critical steps, and deleting those not required or nonessential. There are so many metrics process in today’s business industries but the metrics that Six Sigma’s statistical thinking can also be defined as a thought process. In which it recognize the variation is all around us and present in everything we do. The Six Sigma’s interconnected processes and identifying, characterizing, quantifying, controlling and reducing variation provide opportunities for improvement within any organizations or firms. That is to say,Show MoreRelatedImportant Metrics Of Business Performance Management Essay847 Words   |  4 Pagesimportant metrics of business performance management are financial, customer, internal, strategic, and compliance. These metrics can be seen as the key factors that operations managers focus on while working to ensure the successful performance of any company. I will discuss each of these metrics below. â€Å"Key metrics in the evaluation of management are financial performance numbers. These include sales, profits and costs† (Markgraf, B., n.d.). For an operations manager, a good metric to evaluateRead MoreManufacturing Execution Systems Join The Cyber Physical Part Of Production1245 Words   |  5 Pagespart of production with virtual manufacturing services and business level operations. Unfortunately, most of the existing architectures follow the paradigm of hierarchical MES placed between the control systems and business application level. They have fixed interfaces to production facilities and a predefined set of services. The main argument in favour of such a solution is the global optimisation of manufacturing operations but in the case of highly dynamic, short-series production, it is practicallyRead MoreOPERATIONS MANAGEMENT ASSIGNMENT8173 Words   |  33 Pages LEADSTAR COLLEGE OF MANAGEMENT AND LEADERSHIP TUTOR MARKED ASSIGNMENT (TMA) FOR OPERATIONS MANAGEMENT ASSIGNMENT WEIGHT: 50% STUDENT NAME Abreham Kelile Kaba ID LMBA0013/2014 BACTH 1ST Part I: Multiple Choice Questions (1 point each) Choose the best answer from the following Questions _C__Q1.One advantage of Just-in-Time (JIT) Management of stock is _____a. It reduces the need to plan and organize _____ b. it removes the need for delivery Quality Control _____ c. it reduces the cost of holdingRead MoreBus 430 Assignment 2: Inventory Management1369 Words   |  6 PagesBUS 430 Assignment 2: Inventory Management http://homeworkfy.com/downloads/bus-430-assignment-2-inventory-management/ BUS 430 Assignment 2: Inventory Management Assignment 2: Inventory Management Due Week 8 and worth 300 points Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment. Write a six to eight (6-8) page paper in which you: 1. Determine the types of inventories these companies currently manage and describe their essentialRead MoreMetrics1099 Words   |  5 PagesIntroduction Competitive businesses must strive for continuous improvement in a highly competitive global market. Methods to infuse quality practices for the application of operations management principles form the basis for collecting and analyzing the data essential for strategic business decisions. One challenge for companies today is the wealth of information and computers to process it. There are numerous software applications to assist in forecasting, capacity planning, productionRead MoreSupply Chain Operations Reference Model: Purpose and Operations1092 Words   |  5 PagesSupply Chain Operations Reference Model (SCOR): Information about (SCC) Developed by Supply Chain Council (SCC) SCC: Independent, not-for-profit corporation organized in 1996 by: Global management-consulting firm, Pittiglio Rabin Todd McGrath (PRTM) and Market research firm, Advanced Manufacturing Research (AMR) in Cambridge, Massachusetts. Started with 69 voluntary companies; now close to 1000 members. SCC Objective: To develop a standard supply-chain process reference model enabling effectiveRead MoreA Report On The On Time1163 Words   |  5 PagesMetric #1 - Approval on time The first metric would be the approval on time of each minister quarterly report. This metric will monitor the step one through eight of the transformational process value added flow. An approval on time metric will identify the number of department that submitted their report on time or not on time after approval by the minister. This metrics would be a good indicator if the first solution implemented to the bottleneck was successful. For example, after the change toRead MoreSupply Chain Management : Operations Management1204 Words   |  5 PagesSupply-chain management is an important consideration of Operations Management. In the past, many businesses only focused on the operations occurring within. Even today, business push to increase standards of performance and quality, create better marketing strategies, improve efficiency in the workplace, and hire and train employees as part of human resource strategy, among other ‘inside’ actions. However, it is a growing rea lity that there are other ‘outside’ factors and stakeholders in the finalRead MoreManaging Supply Chain And Operations : An Integrative Approach1363 Words   |  6 PagesFoster, T., Sampson, S., Wallin, C., Webb, S. (2015). Managing supply Chain and Operations: An Integrative Approach. New York, NY: Pearson. All four authors are a professor of global supply chain management at Brigham Young University. The whole book is focused on the key functions of supply chain, operations, and customer relationship management with the special focus on the areas of improvement, innovation, and integration. We took a close look at the section called â€Å"Providing Feedback: The SupplierRead MoreThe Management System Of An Organization1163 Words   |  5 Pagesperformance metrics (Institute for Operation Excellence, 2012). Operation excellence focuses on the entire area of an organization. The area of focus can be broken down into 3, behavior, management system, and process. For any change to be sustainable, the people’s behavior has to be such that can support it. People’s behavior and mindset has to change, everybody has to contribute regardless of what level of organization. The management system piece is also a key because of the impact of management support

The Success Of The Teen Pregnancies - 1486 Words

The Success of an Integrated Approach in the Prevention of Repeat Teen Pregnancies Suzan A. Dede Eastern Michigan University The Success of an Integrated Approach in the Prevention of Repeat Teen Pregnancies Teen mothers are at an increased risk for having subsequent births due to multidimensional and complex needs. These risks contain complex social and economic aspects and public health issues. These mothers appear to have a recurring theme associated with â€Å"poorer medical, educational, economic and parenting outcomes† (Barnet et al., 2009, p. 435). Factors that affect these teen mothers appear to be multi-disciplinary, and therefore the efficacy of such interventions has been difficult to determine. Risk factors that seem to be prevalent with an increase in subsequent pregnancies among teen mothers include emotional and psychological aspects as well as race, poverty, school concerns, and inconsistent use of contraception. A number of programs have been implemented as an intervention to reduce secondary teen pregnancies. Examination of different methodologies aimed at prevention confirms that an integrated or multi-disciplinary approach appears to be most successful. Such programs address reproductive health needs, preventative care, and effective parenting behavior for the teenage mother, including a broad scope of services aimed at life’s concerns, and promotion of social skills. In the article by Barnet et al. (2009), the researchers took aShow MoreRelatedTeen Pregnancy And Sex Education Programs900 Words   |  4 Pages1. Clemmitt, Marcia. â€Å"Teen Pregnancy.† CQ Researcher 20. 12 (2010): 267-287. Web. This particular source is an academic journal which goes into immense detail about the high rates of teen pregnancy and sex education programs the United States government provides. The article is informative and supportive of the sex education programs and explains the success rates of these programs in reducing teen pregnancy. Author Marica Clemmitt, former editor for other scholarly articles involving Medicine andRead MoreResearch on Teen Pregnancy in Los Angeles County1223 Words   |  5 PagesTeen Pregnancy in Los Angeles There is presently much controversy regarding teen pregnancy, considering that many countries in the developed world experience a rise in adolescent pregnancies in spite of the fact that effective programs are installed in these areas. Teen pregnancy has been a major issue in Los Angeles in the recent years, but the fact that state authorities have been actively involved in combating the problem has generated positive results. It is probable that the struggle for abstinenceRead MoreTeen Pregnancy And Its Effects1732 Words   |  7 PagesTeen pregnancy and resulting births present/cause many (related to social pressure, how people act toward each other, etc.) challenges, and as a result require the total (of everything or everyone) efforts of many to provide solutions. Teen pregnancy has been thought about/believed a social ill for centuries in the United States and has always challenged moral and (honest and right) thoughts and feelings. The money-based costs of teens giving birth a re significant, and there are many forcing/forceful/interestingRead More Teen Pregnancy Essay710 Words   |  3 PagesPrevent Teen Pregnancy nbsp;nbsp;nbsp;nbsp;nbsp; After reading Martha Balash’s article, Schools Can Help to Prevent Teen Pregnancy. Balash has put time and effort into this proposal on stopping Teen Pregnancy. I think Balash’s introduction is very effective because she goes straight to the facts. She doesn’t try to mislead you with any false facts. She goes straight to the point and the point is to prevent teen pregnancy. Balash tells that schools has more influence over teen pregnancy than whatRead MoreTeen Pregnancy : A Social Issue1371 Words   |  6 PagesTeen pregnancy is a very controversial social issue and the vast majority of Americans consider the outrageous rate of teen pregnancies a severe issue, certainly a problematic occurrence that is believed to be a moral decline in our country. Teenagers are physiologically capable of reproducing but not emotionally or financially prepared to be parents at such a tender age. Through various research studies a plethora of determinants has pin pointed teens u nprecedented pregnancies. One cause of thisRead MoreTeenage Pregnancy And Academic Failure Essay1708 Words   |  7 PagesScott Herrling, and Gabriel P. Kuperminc conducted an experimental study on teenage pregnancy and its negative effects. This experiment took place in the United States at 25 different testing sites nationwide. Before the construction of their study, the researchers began to take a particular interest in two social problems that they planned on correcting. The social problems they focused on were 1. teen pregnancy and 2. academic failure. Their goal was to prove that these two social problems directlyRead MoreTeenage Pregnancy Is An Issue For A Plethora Of Reasons1344 Words   |  6 PagesTeenage pregnancy is an issue for a plethora of reasons. For example, there are many health risks for the mother and the baby that come along with teenage pregnancy. Although most pregnancies are accidents, this one accident can cause a complete change in the father and mothe r’s lives. One may ask, is teenage pregnancy on the rise? Luckily, it isn’t. Just in 2013, â€Å"there were 26.6 births for every 1,000 adolescent females ages 15-19, or 274,641 babies born to females in this age group† (â€Å"Teen Births†)Read MoreTeen Pregnancy1246 Words   |  5 PagesA topic in American society that has proved to be an ongoing, and growing issue is that none other than teen pregnancy. In recent years, teen pregnancy rates have been increasing, which ultimately led to the topics increase of public and media attention. In American society teen pregnancy is often associated with negligence, as well as being irresponsible. In American society sex education for children is underdeveloped and instead society tends to use fear and shame to highlight/combat the dangersRead MoreTeenage Pregnancy : A High Risk, The Effects, And The Prevention Of Teen Pregnancy1242 Words   |  5 PagesTeenage pregnancy is a huge problem in the United States, but the rates are not at an all-time high. The pregnancy rates of teens have actually gone down in the past few years, but it still is a big problem here in the United States. The United States has the highest rate of teenage pregnancy, Russia has the second highest. Teenage pregnancy is a social and economic problem; it is not good for our country. This essay, will discuss who is at a high risk, the effects, and the prevention of teen pregnancyRead MoreUnwanted and Unplanned Teen Pregnancy and Sexually Transmitted Illness1544 Words   |  7 PagesUnwanted and Unplanned Teen Pregnancy and Sexually Transmitted Illness (STI) Teen Pregnancy The birth rate among teens in the United States has declined 9% from 2009 to 2010, a historic low among all racial and ethnic groups, with the least being born in 2010; and in 2011 the number of babies born to adolescents aged 15-19 years of age was 329,797 (â€Å"Birth Rates for U.S.†, 2012). Although the decline in unwanted and unplanned teen births is on the rise the United States continues to be among the

Portfolio And Is Situated In The Vineyard †Myassignmenthelp.Com

Question: Discuss About The Portfolio And Is Situated In The Vineyard? Answer: Introducation The vineyard is a part of the portfolio and is situated in the vineyard made is first move its first move in, taking this into account for the past few years the organisation have been reworking and redeveloping its strategy with it main goal of maintaining the integrity and viability of the site. The site when it reaches its capacity produces an approximately 1200 tonne of fruits variations which usually range from C-B in quality. The production is influenced by the seasonal change and the requirement of the company. Measurable objective The main objective is the restoration of the underperforming block in the xxx section of the xxx vineyard. In order to regain the performance both the quality components and the production are to be re-established. The main emphasis is the re-establishment of the vibe cordon in the xx vineyard. This would directly influence the overall viability of the block and increase the productivity and the quality of the block (Liu et al., 2016). Current situation Putting emphasis on the block which has declined its productivity since the time it has been established. The expectation from the sector was for production rates of thirty tomes with it the target of the quality averaging B2 (Fleming Koppelman, 2016). The main influencing factor for the less production of the block is the external influences from the drought which was prolonged over the past season with it the increased pressure from the stress. The Ectype dieback disease was also a factor which accelerated and it resulted in reduce of capability and health (Chevrier, 2016). Putting emphasis on the current situation the overall production has declined to an average which is less than fifty percentages with emphasis on the target which was expected in the past five vintages (Nicholas Steyn, 2017). Problem/ opportunity statement The site had started a program termed as continuous improvement which mainly ensures that the vineyard products and viability are aligned with the necessary changes which are required to ensure the sustainability within the strategic planning of the organisation (Turner, 2016). Keeping pace with the external environment was considered as the continuous focus. Putting emphasis on the current situation of oversupply of low grade chardonnay products in the organisation, it can be estimated that this is the best time to undertake the indicated project (Meredith Mantel, 2017). Critical assumption and constraints The general assumptions are: Site personnels should undertake all the labour components, for this project there would not be any contract labours. No additional equipment would be required with regards to the external sources as all the equipment are supplied by the xxx site. To order to ensure training shift work may be incorporated which are subjected to noise from equipment, spray application and injury from the vehicle of operartion (Kerzner, 2017). From the actual budget no greater than five percentages can increase. The working hours would be from 00am to 4.00pm The implementations of the HSE requirement are to be implemented with all personal with ensuring appropriate procedures. The utilization of the existing employee should be done. These have to be implemented within 200 meters of the site of the project When mechanical engineers are in operation no personals are to involve in their working within the site of the project. Analysis of options and recommendation The main aspect for the site management is the undertaking of the analysis which in the motive of removing the existing vines and with emphasis on the block with redeveloping them from the initial stage. The overall cost of the project can be considered as minimal when it is balanced with the return of the financial aspect with regards to the site in the current over supply of the industry. Recommendation 1: the site has additional blocks which in the near future can need modification and this approach of the modification is proposed in existing business plan. Recommendation 2: reworking of the xxx block as an option which can be considered as a alternative option that would directly reduce the initial cost and with it, it would involve earlier Return on Investment (ROI) that is expected from the redevelopment. Recommendation 3: instead of capital budget the site can be processed under the existing budget of the site operation. This has been significantly reduced sue to the consolidation process of the organisation. Preliminary project requirement Fortnightly status report This has to be completed by the project manager and it has to be submitted to the Regional manager on a time period of two weeks. The report include mainly: Summary of the work completed Cost to date Actual cost verses budget (Chevrier, 2016). The report would also summarise other important issue and furthermore unscheduled work which has to be completed during the next upcoming month. The major aim of this project is the achievement of the eighty percent cordon wire fills. Budget estimate and financial analysis The variance should not be greater than 5% from the actual estimated budget Labour is the major element of cost and inputs can be considered as the minimal cost. With the project all the associated cost should be undertaken within the xxx vineyard budget of operation. Input supplied through issue related to stock are termed as indirect cost, these are to be coded to the workshop site at the end of each month calendar. Costs which are termed as additional budget which are outside the allocation of the budget are to be carried out by the consolidated budget cost. The budget would consist of only expenditure only; it should not involve any financial return which is faced during the life cycle of the project (Harrison Lock, 2017). Schedule estimate External factors such as weather and environment may directly impact on the schedule of the project and the completion date. This can be considered as a major issue related to the estimation of the time of the project but however the budget constraints are not affected by this mean. No allowance is made for the delay in the work due to conditions of adverse weather conditions. Labour breakdown Task Total hours String typing to new cordon wire from existing vine truck 216 Vine training anticipated foliage manipulation 1104 Herbicide application as determined by the management for the project 32 Fungicide application as determined by the project management 32 slashing that have to be undertaken which are committed before personnel to time task time 48 Potential risk With regards to the project there are risk analyses which are included in the project. There are various potential risks which can affect the project. Adverse weather: the impact of the weather can be considered as a potential risk but there is no such impact which is done through it (Harrison Lock, 2017). Although if prolonged were condition is encountered, some delay to the completion data could be estimated. Strike recovery rate: expectation of good recovery with vines are expected, this is main due to the factor that the vines are in reasonable health and condition at this time which are reasonable. Personnel Injury: a very good safety record is always connected with the site. All personnel have been involved with raining and inducted have been provided. There can be many unexpected risk which can be related to case of snake, trips/falls and wire breakage (Kerzner, 2017). Quality Substandard: with regards to the personnel full training have been provided to them, task which are similar to them have been in corporate with them and quality assurance have to be checked in regular interval Conclusion The project will be setting a new bench mark with regards to the region with mainly analyse of quality objectives and analysis of yield. The experience and the trials have directly shown that the project would be viable option in order to pulling out vine and the cost of the subsequent in order of developing a block from the stage of initiation. The aspect of financial benefit has been seen in the long term prospective and as stated with the financial return will not be seen. The project would be closely monitored with the aspect of fortnightly report in order to keep the management up to date with the associated issue and progress. With the completion of the project there would be a final project report which would be beneficial in the areas which are likely to be improved when undertaking similar projects like this. The sight has been proactive in aligning their goal which is strategic goal with those outside the organisation or inside the organisation. This is mainly supported by annual business plan which is submitted in the previous year. Thus the organisation is planning in a big deal to get the plot under production which can be directly be involved in the plot can be very much beneficial in order to increase the whole productivity process of the organisation. References Charvat, J. (2016). Project management methodologies: selecting, implementing, and supporting methodologies and processes for projects. John Wiley Sons. Chevrier, S. (2016). A Tough Day for a French Expatriate in Vietnam: The Management of a Large International Infrastructure Project. Intercultural Management: A Case-Based Approach to Achieving Complementarity and Synergy, 228. Christenson, D., Walker, D. H. (2016). Understanding the role of" vision" in project success. IEEE Engineering Management Review, 32(4), 57-73. Fleming, Q. W., Koppelman, J. M. (2016, December). Earned value project management. Project Management Institute. Harrison, F. L., Lock, D. (2017). Advanced project management: a structured approach. Gower Publishing, Ltd.. Kerzner, H. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Liu, S., Wang, L., Lu, Q., Won, J., Cheng, J. C., Andersen, E. S. (2016). Earned value project management (EVPM) is an effective tool for managing project performance. However, most studies on extensions and applications of EVPM concentrate on improving final cost and duration estimates rather than improving upon the use of planned value (PV) to predict earned value (EV) and actual cost value (AC). This study proposes a straightforward modeling method for improving the... International Journal of Project Management, 34(1), 102-116. Meredith, J. R., Mantel Jr, S. J. (2017). Project management: a managerial approach. John Wiley Sons. Nicholas, J. M., Steyn, H. (2017). Project management for engineering, business and technology. Taylor Francis. Turner, R., 2016. Gower handbook of project management. Routledge. White, D., Fortune, J. (2016). Current practice in project managementAn empirical study. International journal of project management, 20(1), 1-11.