Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Your task is to work as a team to work on an operations or a supply chain problem with a local company of your choice.
Your task is to work as a team to work on an operations or a supply chain problem with a local company of your choice. The problem could be any operations or supply chain problem such as one related to inventory, transportation, sourcing, quality, or project management. Your goal is to: Reach out to a local business Collect data on one aspect of their operations Use one or more of the analysis techniques we studied in class to evaluate the efficiency of their operations Use the concepts we discussed in class to suggest improvements to the company's operations Project Deliverables: Each team must submit two documents: A pdf document: Describing the local business and the business problem you chose Describing the data you collected and how you collected it Detailing the analysis you conducted, including any Excel sheets or POM/QM analysis as screenshots in the appendix of the document Explaining your results and what they mean for the business Suggesting improvements or adjustments the company can make to be more efficient or profitable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started