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Chapter 1: Q8DQ (page 20)

What factors account for the resurgence of interest in OSCM today?

Short Answer

Expert verified
  • Global competition
  • Advanced manufacturing and information technology

Step by step solution

01

Understanding why companies are showing interest in OSCM.

Companies have realized that OSCM can provide excellent opportunities to gain a competitive advantage. They have realized they can gain a competitive advantage if they effectively manage the operation and supply chain.

02

Factors affecting the interest resurgence in OSCM

Competition: Companies are trying to gain a competitive advantage due to ever-increasing domestic and global competition. Companies found an effective OSCM can help in addressing such competition.

Advanced technologies: Advancing manufacturing and information technology have improved the operation and supply chain. Companies can gain a competitive advantage if they utilize the advanced technology with OSCM.

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Most popular questions from this chapter

The home office billing department of a chain of department stores prepares monthly inventory reports for use by the stores’ purchasing agents. Given the following information, use the critical path method to determine:

a. How long the total process will take.

b. Which jobs can be delayed without delaying the early start of any subsequent activity?

Job and Description

Immediate Predecessors

Time (Hours)

A

Start

_

0

B

Get computer printouts of customer purchases

A

10

C

Get stock records for the month

A

20

D

Reconcile purchase printouts and stock records

B, C

30

E

Total stock records by department

B, C

20

F

Determine reorder quantities for coming period

E

40

G

Prepare stock reports for purchasing agents

D,F

20

H

Finish

G

0

Discuss the graphic presentations in Exhibit 4.11. Are there any other graphic outputs you would like to see if you were the project manager?

What was the most complex project that you have been involved in? Give examples of the following as they pertain to the project: the work breakdown structure, tasks, subtasks, and work package. Were you on the critical path? Did it have a good project manager?

What are some capacity balance problems faced by the following organizations or facilities?

  1. An airline terminal

What factors must be traded off in the product development process before introducing a new product?
See all solutions

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