Process Flow Strategies

Process Flow Strategies FIN515 Operations Manageme November 1, 2009 The optimal goal in nigh businesses is to have a profitable bottom line. The declaration in obtaining this optimal goal is to prevent the least summation of errors and be as cost effective in doing so. Reid and Sanders addresses ternary routine flow strategies: make-to- armoury, assemble-to- frame, and make-to-order that define a businesss positioning strategy. These strategies, establish on a businesss competitive introductoryity will position how an mathematical operation system is organized (Reid &type A; Sanders, 2007, p. 75). additionally to the performance flow strategy, the internet-establish application of electronic data put back (EDI) has changed the ontogeny of computer-to-computer communication. gibe to Reid and Sanders (2007), EDI is a form of computer-to-computer communication order for sharing business documents such(prenominal) as invoicesproduct s tocking numbers (p. 105). teaching technology has played an increasingly significant role in maximizing supply chain of mountains efficiency and minimizing its complexity. Its become in particular critical for distributors, as trading partners on some(prenominal) ends of the chain have been driving and, in some cases, mandating the word sense of such technologies (Kaplan & Cioletti, 2009 p. 41-42). Make-To-Stock Strategy Make to stock (MTS) is a manufacturing method in which finished goods argon produced and stocked with prior to receipt of a customer order. It uses a bet based on past demand history to educate merchandise of end items when inventory has fallen below in demand(p) levels, sort of of waiting until a final quantity and signifier is set forth on a customer order (Bridgefield Group, 2006). According to Reid & Sanders, the make-to-stock strategy is to make them ahead of time to date that they are always available upon demand (p. 69). Product and a rmed do focused businesses have a tendency ! to use a make-to-stock strategy, in which the business holds the item in stock for neighboring(a) delivery, thereby minimizing... If you want to get a full essay, order it on our website: BestEssayCheap.com

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