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OPS 6310 Operations Management

tag 0 Download 4 Pages / 904 Words tag 18-06-2021

Question:

Walmart successfully applies and addresses the 10 decision areas of operations management for productivity. (Photo: Public Domain)

Walmart’s operations management covers a variety of approaches that are focused on managing the supply chain and inventory, as well as sales performance. The company’s success is partly based on effective performance in operations management. Specifically, Walmart’s management covers all of the 10 decision areas of operations management. These decision areas pertain to the issues and concerns that managers face on a daily basis. Walmart’s application of the 10 decisions of operations management reflects managers’ prioritization of business objectives. In turn, this prioritization shows the strategic significance of the different decision areas of operations management in Walmart’s business.

1. Within the context of concepts and principles of operations management, state the problems that might arise because of WalMart’s strategy, quality management, inventory, service design and location planning?
2. Develop alternatives to solve at least one of these problems.
3. Discuss the advantages and disadvantages of each solution you suggest.
4. Select the best solution and make recommendations.
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