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Old Man

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1. Find an example of an operation in your local community that has been successful in simultaneously achieving two or more operational objectives, i.e. cost, quality, delivery, and flexibility. Comment on how this operation has been able to achieve these seemingly conflicting results.
Huawei Technologies Co. Ltd. is a Chinese multinational networking and telecommunication and service company headquartered in Shenzhen, Guangdong. It is the largest telecommunications equipment maker in the world, having overtaken Ericsson in 2012.
Huawei has been helping operators to solve IT transformation issues based on the in-depth understanding of the telecommunications business for many years, in recent years, cloud computing, continuous innovation on network virtualization and global best practice make Huawei become the best IT strategic partner for the operators. Huawei’s strategic partnership-based IT operation and transformation management are helping operators to efficiently operate the existing IT systems and providing management for operator's IT transformation also helping operators to expand new business areas such as enterprise cloud.

2. Using newspapers, magazines, or the internet, find examples of operations and supply chain strategies. Write a few paragraphs describing the situation and the strategies begin pursued.
(1) Operations Strategy
Wal-Mart is one of the most successful and largest retailers in U.S. history. From 1945 to nowadays, it's operations strategy is to use low inventory levels and prices to generate faster sales based on low prices and value. Keeping inventory low allows the company to keep prices low for their customers, as well as replace products with new items once inventory is gone. This also increases demand. High demand combined with low prices leads to increased sales for the company.

(2) Supply Chain Strategy
What does it take for a US$60 billion high-tech giant like Dell Inc. to compete in today's margin-hungry personal computer market? "We are always looking for ways to take out waste, to take out time and take out costs, and then passing those savings along to our customer," says Dave Schneider, continuous improvement engineering manager for Dell Americas operations. To meet these goals, Dell relies on a unique supply chain strategy that gathers large volumes of customer information through its direct-sales model and shares it with internal procurement and sales departments, as well as external suppliers. These close relationships with customers and suppliers allow them to know what they must be able to supply in real time, and then very quickly and precisely meet that demand while maintaining low inventory. They are not manufacturing finished goods that they hope people will buy. However, the relationships we have with the majority of our customers enable us to forecast accurately without filling a pipeline of finished goods."

3. Explore the Accenture Consulting website: http://www.accenture.com and write (1) a short description of the company, and, (2) an explanation of how the Accenture helps companies master operations to enable high performance.
(1) A short description of Accenture Consulting
Accenture Consulting is a multinational organizations providing management consulting, technology and outsourcing service. Its incorporated headquarters is in Dublin, Ireland since September 1, 2009. It is the world's largest consulting firm as measured by revenues and also a Fortune Global 500 company. As of fiscal 2014, the company reported net revenues of $30.0 billion with approximately 319,000 employees, serving clients in more than 200 cities in 56 countries. Accenture has more employees in India than in any other country; in the US, it has about 40,000 employees and 35,000 located in the Philippines. Accenture's current clients include 89 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500.
The four growth platforms—Accenture Strategy, Accenture Digital, Accenture Technology, Accenture Operations—are the innovation engines through which they build world-class skills and capabilities; develop knowledge capital; and create, acquire and manage key assets central to the development of integrated services and solutions for their clients. Accenture helps organizations assess how to maximize their performance and works with them to achieve their vision. Namely, they develop and implement technology to improve their clients’ productivity and efficiency – and may run parts of their business. Ultimately, they enable their clients to become high-performance businesses and governments. Since its inception, Accenture has been governed by its core values namely stewardship, best people, client value creation, one global network and respect for the individual integrity, which guide how they behave and make decisions.

(2) An explanation of how the Accenture helps companies master operations to enable high performance Accenture Consulting "high performance business" strategy is to use their expertise in consulting, technology and outsourcing to help clients achieve performance at higher levels so they can create sustainable value for their customers and stakeholders. They use their industry and business-process knowledge, their service offering expertise and their insight into, and understanding of, emerging technologies and new business and technology trends to formulate and implement solutions with and for their clients. Their strategy is focused on helping clients improve their operational performance, deliver their products and services more effectively and efficiently, and grow their businesses in existing and new markets.

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