Ref 3 – CVTO
Analyze organizational global supply chain process to maximize value.
This reflection activity is comprised of two sections, collectively totaling a minimum of 500 words. Complete your reflections by responding to all prompts.
Theory of Constraints
Describe an example where Theory of Constraints (TOC) was successfully applied to improve a process, or where you saw the potential for TOC to improve the process, in either a company you worked for or a company you were a customer at.
- What is the Lean concept and why is it important to study? How can Lean be applied to manufacturing and service processes?
- What is work center scheduling and why is it important for firms to focus on?
Supply Chain Strategies
Choose 2 supply chain strategies aimed to improve organizational performance and enhance competitiveness.
Explain each strategy, and give an example of an organization that has used each type of strategy. Was each strategy successful? Why or why not?
