In: Operations Management
Develop a 5 year operations strategic plan for the European organization.This should include recommendations for issues at three of the plants, organizational recommendation for European operations, and plans to ensure capacity is in place to meet projected business demand for the Medical Products Company.
Operations strategic plan for medical products company of
European organisation:
1. Improve inventory management system by installing the inventory
management software so as to reduce the cost associated with
managing excess inventory and maintain optimal level of medical
products.
2. Use just in time method to reduce the ideal inventory and reduce
cost of obsolete products and improve planning capabilities to
achieve greater efficiency.
3. Enhance efficiency of logistics and supply chain activities
related to supply of medical products and use related software
products in order to identify the product from the warehouse at the
shortest possible time. Assign product code to each product and
improve organisation of products in the warehouse.
4. Use labour Management System software to identify that time are
located by each staff member in order to process the new order of
the medical product and all the related activities for which labour
hours is required.
5. Develop online presence in order to established and e-commerce
website to promote online sales of medical products.