{"id":48,"date":"2018-01-05T20:26:18","date_gmt":"2018-01-06T01:26:18","guid":{"rendered":"http:\/\/blog.richmond.edu\/mgmt340-03\/?p=48"},"modified":"2018-01-17T14:05:06","modified_gmt":"2018-01-17T19:05:06","slug":"january-18initial-blogmgmt-340","status":"publish","type":"post","link":"https:\/\/blog.richmond.edu\/mgmt340-03\/2018\/01\/05\/january-18initial-blogmgmt-340\/","title":{"rendered":"January 18\/Initial Blog\/MGMT 340"},"content":{"rendered":"

The Panmore Institute is an online organization of authors from various disciplines, with particular interest in business management, leadership, and related areas. Panmore.com is a curated online publishing platform. They use a different set of criteria for evaluating operations management competitive priorities vs. the ones in the textbook. Their criteria overlap with the competitive priorities in the textbook as shown below.<\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Textbook<\/strong><\/td>\nPanmore Institute<\/strong><\/td>\n<\/tr>\n
Cost \u2013 Low Cost Operations<\/td>\nProcess and Capacity Design<\/td>\n<\/tr>\n
Quality \u2013 Top Quality<\/td>\nQuality Management<\/td>\n<\/tr>\n
Quality \u2013 Consistent Quality<\/td>\nQuality Management<\/td>\n<\/tr>\n
Time \u2013 Delivery Speed<\/td>\nSupply Chain Management,<\/p>\n

Scheduling<\/td>\n<\/tr>\n

Time \u2013 On-time Delivery<\/td>\nSupply Chain Management, Maintenance<\/td>\n<\/tr>\n
Time \u2013 Development Speed<\/td>\nDesign of Goods & Services<\/td>\n<\/tr>\n
Flexibility – Customization<\/td>\nDesign of Goods & Services<\/td>\n<\/tr>\n
Flexibility – Variety<\/td>\nInventory Management<\/td>\n<\/tr>\n
Flexibility \u2013 Volume Flexibility<\/td>\nInventory Management<\/td>\n<\/tr>\n
<\/td>\nLocation Strategy<\/td>\n<\/tr>\n
<\/td>\nLayout Design & Strategy<\/td>\n<\/tr>\n
<\/td>\nJob Design & Human Resources<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"\"<\/p>\n

 <\/p>\n

Panmore has evaluated a number of business for operations management strategies.\u00a0 Their analysis of McDonald\u2019s Operations Management is at this link: http:\/\/panmore.com\/mcdonalds-operations-management-10-decisions-areas-productivity<\/a>.\u00a0 Read the analysis of McDonald\u2019s operations management strategies and then read one more analysis from the companies listed on the right-hand column (for example: Costco, Tesla, Ford, Pepsico, Whole Foods, Nike, Toyota, Burger King, Wendy\u2019s, etc).<\/p>\n

 <\/p>\n

To get familiar with the blogging process, please respond to one of the following questions in your blog response and then respond to at least two other student\u2019s responses. You may have to post your response and then return to respond to other student\u2019s posts. Do not wait until the last minute to make your first response. [This is the one and only time that you will need to respond to other student’s comments. After this inital blog, please reply to posts from other students.]<\/p>\n

All of the questions could show up on a test.<\/p>\n

Feel free to add more media links in your reply in order to support your response (picture, video, url link, graphs, etc).<\/p>\n