Premium Essay

Project, Operation, & Information Systems Management

In: Business and Management

Submitted By sugar
Words 1816
Pages 8
Through effective use of operations management, project management, and information systems management Ohio Star forge will be able to ensure that expanding into a larger automotive ball bearing market will add value for the stakeholder. Operations management is critical to securing the needed resources from their parent company Daido Steel. Project management is essential to ensure that all resources will be used efficiently. Finally, information systems management will facilitate both operations and project management through information exchange and collaboration.

Discussion The challenge at Ohio Star Forge (OSF) is to be able to capitalize on the reduction in the total capacity of the automotive ball bearing manufacturing market in the United States due to the merging of several companies. The total capacity in the US market has shrunk by 38% in the last several years. To be able to capitalize on the market demand for automotive ball bearings due to limited supply a new, larger machine must be purchased and put into production before the competition to seize the market.
Operations Management Operations Management (OM) is the ability of organizations to reach their goals through effective acquisition and utilization of resources (Bayraktar, Jothishankar, & Tatoglu, 2007, p. 844). OM is involved in the continuous day-to-day operations or ongoing business processes. The goal of OSF is to increase sales, market share, and profitability. These goals would add value for the stakeholders. This can be done by expanding current production capacity. According to Tapscott and Barter (2009) “The senior executive’s most important role is to define strategy clearly and identify the key performance indicators that will align the organization and its strategy while minimizing risk” (p.3). Upper management must be able to convince

Similar Documents

Premium Essay

Project Management

...Project Management Exxon Mobil Oil Company Synopsis This paper focuses on the aspects of project management as far as the integral demands for the project management are concerned. Essentially, project management is geared towards achieving the solid goal of the organization which is merely dependent on the policy framework, production mechanisms and the overall performance of the operations manager. In this regard, this paper focuses on the main issue of operations of Exxon Mobil Oil Company which is a major player in the oil industry in US. This company has a well established supply chain which has been responsible for the maintenance of a market leadership for a long time. In fact, business operations at the company have been pegged on a number of project management essentials such as information technology in the management and manipulation of business data. In this regard, business activities at the company has been a practical lesson to majority of its feeder companies which are still struggling to realize a significant market potential as ExxonMobil in the long-run. Indeed, this paper therefore employs theoretical and practical understanding of the essentials of business model assumed by the oil and gas company towards developing proficient business activities in the industry and the globe at large. Background Exxon Mobil Corporation is a multinational Oil and Gas Company based in America and headquartered in The Irving region of Texas, US. This company is the...

Words: 5640 - Pages: 23

Premium Essay

Operations

...28-Feb-11 Operations MBA - MBA in Operations … M.B.A. Today Preparing for your future... today • Home • Distance Learning • Professional Networking • Salaries • Careers • Schools by Location Pick a State ==>> Operations Management MBA Programs R e que st inform a tion from the top O nline and Ca m pus O pera tions Mana ge m e nt schools in the country. Specialized MBA Programs General MBA Programs Accounting Programs Finance Programs Health Care Management Programs Human Resource Programs Marketing Programs Project Management Programs Public Administration Programs Operations Management Programs Technology Management Programs Operations MBA Programs Le arn wha t typica l sala rie s a re for O pe ra tions Ma na gem e nt ca re ers a cross the state s. Typical Career Salaries for MBA graduates With a Global marketplace increasing levels of competition, organizations need to be fiercely efficient and effective in their efforts to gain their share of profits. Operations Manager career prospects appear relatively bright. How ever, growth for this occupation should only mimic growth in the careers the Operations Managers oversee. Operations Manager salaries are going to be seeing the greatest rise. Along with competition in other industries comes a need for the most competent and highly trained. A valuable Operations Manager is current with technological advancement as well as skilled in the area of creating successful business...

Words: 1341 - Pages: 6

Premium Essay

Case Study Jennifer Childs

...* Analyses of the case study (By method of comparison) * Projects * Product development * Production * operation * Marketing * Analysis of the projects (summary): * Question 1 * Question 2 * Question 3 Case study Breakdown of case study Jennifer Childs is the CEO of a mid-sized global pharmaceutical company that has offices and manufacturing plants in 8 countries. The company is moving in to new markets moving to a globalized company trend. The pharmaceutical company is experiencing and highly profitable year with $ 2 000 000 above projected profit margin. The focus is to use above profit for reinvestment into the company The CEO Jennifer Childs meets with 3 managers of the company to task them to present projects that focus to achieve the mission and vision of the company. The request for personal was given verbally Mission statement (themes) * Reduce cost * increased profit The analyzing method Used is the method where a scenario is established where by the preferred effective and efficient model for success to the requirements is established. This preferred model then is used to compare it to the case study and highlight where problems and issues exists, where by the case study is analyzed and core problems is highlighted Model: The model is based on effective, efficient, cross functional learning organization with core focus on management by projects. The core characteristics of lead, create, implement and improve...

Words: 10213 - Pages: 41

Premium Essay

Application of Mis on Statistical Analysis

...MIS COURSES – Student Learning Outcomes1 MIS 180: Principles of Information Systems At the end of this course students should be able to: 1. Understand the importance of determining information system requirements for all management levels by developing an understanding of the differences between various types of information systems 2. Understand how information systems are developed 3. Understand the computer revolution and its impact on the way business is conducted 4. Become familiar with critical-thinking skills in identifying information systems problems and how to investigate existing literature about hardware and software solutions to problems. 5. Know the components and functions of computer systems, both hardware and software. 6. Become familiar with the advances in networking, data communications and the Internet and how they affect the way business is conducted. 7. Identify which information technology tools are used to solve various business problems. 8. Develop proficiency solving business problems using modern productivity tools (e.g., spreadsheet, database) or creating custom programs.   MIS 301: Statistical Analysis for Business At the end of this course students should be able to: 1. Use data from a sample to make inferences about a population. 2. Apply probability theory in decision making situations. 3. Formulate hypotheses for decision making and research. 4. Analyze data using appropriate statistical techniques. 5. Interpret the results of statistical...

Words: 3623 - Pages: 15

Premium Essay

Contract Management Course Project 3

...the On-Site Support Services project. This proposal assumes that if it is granted, all parties will work together to develop an on-site support service that is both robust and reliable for a lower price than our competitors. We are currently offering a 20% discount for our entire list of services or 10% on the minimal required services to complete this ongoing project. Please keep in mind that this proposal is based on information provided at this time. Any revisions made to the solicitation after today will be subject to a price review. We reserve the right to withdraw this bid if it is not accepted within 45 days. Thank you for giving us this opportunity. I look forward to hearing from you. Sincerely, Diana Brooks Sales Contract Manager I have enclosed a copy of Future Tek, Inc.’s resume, technical capabilities and pricing information. Copyright © 1998 by Ann Poe Future Tek, Inc. has been in the Information Technology for a total of 11 years. During those years we’ve dealt mainly with the integration of new information technology systems into Financial based institutions. We are looking to not only expand our services to other industries outside of banking. After reviewing the bid solicitation information provided, we believe that we will make a good candidate for this opportunity. If awarded this contract, Future Tek, Inc.’s is able to provide all information technology related services that are needed for this project. These include but are not limited...

Words: 2807 - Pages: 12

Premium Essay

Product Data Management System

...Product Data Management System ( PDM ) consisting of engineering data management and engineering document management system is vital for the performance of an EPCI ( Engineering, Procurement, Construction and Installation ) contractor in Oil & Gas upstream projects segment. PDM is used by all functions in managing the projects execution as well as during life cycle of the asset for operation and maintenance. Currently engineering data and documents are produced and managed though many different IT platforms and systems. Due to multiple cycle of information production by different functions, this process is inefficient, high cost and prone to errors. Recent technological innovation provides a common database foundation which is accessible for data and document generation, updating and sharing between different functions. This innovation provides a high quality, lower cost and faster response to project requirements. This application is relevant to all engineering turnkey projects whether in Oil & Gas or other sectors. Integration of centralized PDM foundation database in the work process and Implementing in on the projects is leading to Innovation and positively impacting the project performance. PDM stores all data related to project that is generated and used during design, procurement, fabrication, installation and commissioning followed by operation and maintenance of the asset. Much of the data in PDM comes from sources such as Computer Aided Design ( CAD ) and...

Words: 1131 - Pages: 5

Premium Essay

Erp System in Xinghe Electronic Commerce Company

...ERP system in Xinghe Electronic Commerce Company IT 500 Information Technology Professor Robert Dachowski March 23, 2014 Yue Wang, Nan Wu, Cancan Ge, Yi Ma Table of Contents Part I. Yue Wang ………………………………………………………………3-13 Part II. Nan Wu ………………………………………………………………14-20 Part III. Cancan Ge ………………………………………………………….21-24 Part IV. Yi Ma ………………………………………………………………25-31 Reference ……………………………………………………………………32 Part I Background IT tech, especially the widespread of using, has made human beings entered a brand new age which is a knowledge economic timing. Under this big timing, the business environment time has been completely changed for companies. For example, traditional business model has been replaced by E-commerce model. With an abundant of consumer’s demand, revolution of tech, short period of product life cycle and sharp competition in marketing, companies should follow this 3C guideline which is consumer, challenge and change. Also, company should match consumer’s customize demand so that the company can accelerate adapt the development of marketing’s changing. Under the new external environment, e-commerce companies need to adjust their development strategies, restructuring their business processes and organizations, also need to use modern information technology, enterprise information management. In this context, electricity providers need to use integrated enterprise management information system to provide real-time, accurate...

Words: 6467 - Pages: 26

Premium Essay

Information System

...y Abstract Information Systems are the systems which are the made by the combination of the various hardware and software that people and organizations use to collect, filter, process, create, and distribute data. There are various types of information systems, for example: transaction processing systems, decision support systems, knowledge management systems, learning management systems, database management systems, and office information systems. Critical to most information systems are information technologies, which are typically designed to enable humans to perform tasks for which the human brain is not well suited, such as: handling large amounts of information, performing complex calculations, and controlling many simultaneous processes.  The domain of study of IS involves the study of theories and practices related to the social and technological phenomena, which determine the development, use, and effects of information systems in organization and society. Acknowledgement The satisfaction that accompanies that the successful completion of any task would be incomplete without the mention of people whose ceaseless cooperation made it possible, whose constant guidance and encouragement crown all efforts with success. We are grateful to all the concern websites and the book written by experienced professionals for the guidance, inspiration and constructive suggestions that helpful us in the preparation of this project. We also thank our colleagues who gave...

Words: 2036 - Pages: 9

Free Essay

Sadp Chapter 1 Sample

...CHAPTER 1 PROJECT OVERVIEW Project Background Willard Enterprises started in January 5, 2004 with only a handful of equipment and some basic school supplies and catered to its primary client, the Polytechnic University of the Philippines (PUP) College of Engineering and Architecture students. Aside from school supplies, the enterprise primary offers ring binding, photocopy, fax service, printing services, photo printing, and iced cold beverages. Today, Willard’s Enterprises extends the business by putting up a printing business (which specializes in CAD plotting, large format printing, and blue printing), added engineering & architecture supplies and events Management Company. The study focuses only on operations involved in the sales and inventory of products, related to school and office supplies. With this, several problems were identified. Errors in the manual computation for sales and discounts are often experienced. This results in inconsistency of information and worse wrong or lost sales. Also, difficulties abound for matters related to stock and its inventory. Since manual operations are also facilitated for operations such as recording and updating of stock level, it was noted that unreliable information are generated. This issue affects an even more crucial activity, that is, the generation of purchase order. Willard’s Enterprises is having difficulty in maintaining the continuity of purchase order number, delivery notes, and statement of accounts...

Words: 998 - Pages: 4

Premium Essay

Change Management System

...Change Management System University of Phoenix Robert Sell July 8, 2013 Introduction Creating a Change Management System takes some time but is worth the input that one does. Not only does a change management system increase the productivity during a project due to the system in place when a change comes up it also works well to know that there is a safety net there for the project. The following is the Change Management System for Riordan’s new Go Green Project and the board that will be in charge of the changes approval or disapproval. The final item will be an executive summary that will explain what the project leader will be doing with the new change management system. Change Management Flow Chart Change Management Board Members With all the areas that the change management system can touch with the Go Green Initiative Project it is wise to have one person from each facet to sit on the board who is not directly on the project team. Originally the thought to put the CEO Dr. Riordan, SVP R&D Kenneth Collins and COO Hugh McCauley on the board but the time and effort that it would take to get all three in the same conference call for a proposed change was not viable. The change management board will be made up of nine qualified individuals who will need to make the decision as to allow a change or deny a change based on several factors such as need, time, cost, and legality. 1. Craig Mullen- Product Development Manager- Craig is able to help with...

Words: 1219 - Pages: 5

Premium Essay

Operations Strategy

...Ted James Operations Strategy Download free ebooks at bookboon.com 2 Operations Strategy © 2011 Ted James & Ventus Publishing ApS ISBN 978-87-7681-828-9 Download free ebooks at bookboon.com 3 Operations Strategy Contents Contents 1 Introduction 7 2 Defining Operations Strategy 8 2.1 What is Operations Management? 8 2.2 The Role of Services in Operations Management 8 2.3 What is Strategy? 9 2.4 What is Operations Strategy? 10 3 Operations Strategy Formulation 11 3.1 Hill framework for Operations Strategy Formulation 11 4 Lean Operations 13 4.1. Eliminate Waste 13 4.2 Involvement of Everyone 14 4.3 Continuous Improvement (CI) 14 4.4 Implementing Lean 14 5 Business Process Reengineering (BPR) 17 5.1 Implementing Business Process Redesign 17 Please click the advert The next step for top-performing graduates Masters in Management Designed for high-achieving graduates across all disciplines, London Business School’s Masters in Management provides specific and tangible foundations for a successful career in business. This 12-month, full-time programme is a business qualification with impact. In 2010, our MiM employment rate was 95% within 3 months of graduation*; the majority of graduates choosing to work in consulting or financial services. As well as a renowned qualification from a world-class business...

Words: 21584 - Pages: 87

Premium Essay

Final Project Risk Managment

...the purpose and importance of risk management Risk management planning is a critical and often overlooked process on every project.  Allowing for the proper amount of risk planning in your project schedule can mean the difference between project success and project failure when those potential risks become real issues. The plan is only the output of the process. It details how the process will be implemented, monitored, and controlled through the life of this project. It details how the group will manage risks but doesn’t attempt to define the responses to individual risks. Risks come about for many reasons, some are internal to the project, and some are external such as but not limited to the project environment, the management process, planning process, inadequate resources, and other unforseen instances that can contribute to risk. Risks associated with the project generally concern the objectives, which turn to impact time, cost, or quality, or combination of those three things. Risk management provides assurance that an organization can create and implement an effective plan to prevent losses or reduce the impact if the a loss occurs. A good plan includes strategies and techniques for recognizing and confronting the threats, solutions for both preventing and solving the situation and indicates financial opportunities. An effective risk management practice does not terminate risks. However, an effective and operational risk management practice demonstrates that the organization...

Words: 3711 - Pages: 15

Premium Essay

Financial and Business Accounting

...European Conference on Information Systems TEACHING CASE LEADING THE CHANGE - ERP IMPLEMENTATION AT KEDA Abstract While Enterprise Resource Planning (ERP) system demand in China has been steadily increasing, many of such implementation projects failed. Keda Industrial Co. Ltd (600986: Shanghai Stock Exchange), a manufacturer of large scale machinery in China, however, was one of the few that successfully deployed its ERP solution in 2005. In this case study, we document the ERP initiative of Keda from its conception to its deployment, study the factors that contributed to its success, and summarize Keda’s practices that substantiated the identified success factors. Keywords: Enterprise Resource Planning, Implementation, Critical Success Factors, Teaching Case 17th European Conference on Information Systems 1 Page 2 of 18 INTRODUCTION According to a market study conducted by Gartner Research, ERP software demand in China increased by 29% in 2006 (Pang et al, 2006). In fact, many enterprises in China have recognized the strategic importance of ERP in their rapid developments. Keda Industrial Co. Ltd. (600986: Shanghai Stock Exchange), a manufacturer of large-scale machinery in China, was such a company. Keda produces and sells machinery for processing ceramics that are mainly used in construction. In August 2005, Keda successfully deployed SAP as their ERP solution, a mere five months after forming an implementation team. The project quickly paid off...

Words: 8115 - Pages: 33

Premium Essay

Rio Bravo Iv

...plant manager for RIO BRAVO IV, a subsidiary of Packed Electrical a division of General Motors identifies mistakes made by top management. These mistakes clearly indicate top management failure to use project management principles in starting up a new manufacturing branch. It also points out the learning outcomes when good efforts are placed at the right places and with the right human talent employed. In the new economy organizations have to focus on the customer, environment and its resources and change their approach in doing business (paradigm shift). Senior management has to give clear goals and utilize the Total Quality Management (TQM) philosophy. Failure by top managed clearly state the objective of the project meant that it had no master plan and schedule. When the project was initiated the objective was to gain worldwide respect not to satisfy a customer and let the respect follow as an outcome. Top management failure is more evident through lack of proper feasibility study on the location and the customer getting customer Users Requirements Specifications (URS). There was no plan in place as such the project team did not exist at all. The machines were hastily installed; lay out set as per other factories not designed to cater for this customer. The location was never considered as what effect it might cause to the customer. Top management did not address the diversity issue an as a result communication was hampered by language differences. They took it for granted...

Words: 4250 - Pages: 17

Premium Essay

Erp Implementation

...needs c. Severe long term impacts on company operations II. What this paper covers d. General ERP system overview e. Components f. Best practices OVERVIEW OF ERP The term ERP (Enterprise Resource Planning) was first used in 1990 to refer to a type of business software that integrated information from numerous departments within a company (Garača, 1). ERP systems are among the most important business information technologies that emerged during the last decade (Ghosh, 1). Because ERP software can encompass such a large range of applications it can be thought of and used in many different ways. In the last 30 years the manufacturing industry has been involved in a continuation of the ongoing improvement of information systems that started with MRP (materials resource planning) which incorporated MPS (master production scheduling), then moved to MRP II which brought in capacity planning, and is now centered around ERP. Where MRP II failed, ERP aims to connect suppliers and customers to the manufacturing environment (Gupta). Current ERP software now has the capability of connecting functions of all its individual departments together and inter-linking the department specific applications into one large network. By inter-connecting information from departments such as accounting, manufacturing and sales aims to reduce variation and ensure that information used in one area is identical to the information that is used in others. Uniform data works to eliminate...

Words: 2680 - Pages: 11