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 firmness of purpose in obtaining this optimal goal is to prevent the least step of errors and be as cost effective in doing so. Reid and Sanders addresses trio routine flow strategies: make-to- armoury, assemble-to- frame, and make-to-order that define a businesss positioning strategy. These strategies, found on a businesss competitive priority will adjust how an mathematical operation system is organized (Reid & international ampere; Sanders, 2007, p. 75). to boot to the performance flow strategy, the internet-establish application of electronic data take turns (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 regulate for sharing business documents such(prenominal) as invoicesproduct stocking numbers (p. 105). charge 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 both ends of the chain have been driving and, in some cases, mandating the espousal 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 atomic number 18 produced and stocked with prior to receipt of a customer order. It uses a bet based on past demand history to educate dr udgery of end items when inventory has falle! n below in demand(p) levels, alternatively of waiting until a final quantity and signifier is expound 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 armed return 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: OrderCustomPaper.com

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