Importance of Supply Chain Management & Total Manufacturing Cost Calculation

Assessing the Role of Operations Management within Organizations

Interview at least one real-world professional working in an operational area and write an analysis addressing the importance of supply chain management and how it works within a company. In addition, calculate the total manufacturing cost for a provided scenario.

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

1.Explain the importance of supply chain management to a company.

2.Discuss how alliances or partnerships with other companies support operations management strategy.

3.Describe the key tradeoffs associated with JIT manufacturing.

1.Describe supply chain management tools in association with operations management.

2.Describe how a company receives components and materials for its product or service.

3.Explain how a company's component parts are integrated into the production process.

4.Describe the key tradeoffs made in outsourcing decisions.