Bus 599 Assignment 3 Part 1, Operation, Technology, and Management Plan

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1. Create an operations plan for your NAB company using the template in the text as a guide (p. 214 | Operations Plan Preparation Form). Extract appropriate information from the NAB Company portfolio, ... where applicable. Other required items in the template should be filled in using your personal preferences. An operation plan of Healthy Drinks organization is a short but very detailed plan that is drafted by the management so as to achieve specific strategic objectives together with goals of the company. Operation plan usually has the aim of ensuring that the set aims are attained without failure so that the company’s revenue and profits can be increase and can attract more investors. Healthy Drinks organization is one among the many firms which produces organic healthy drinks. For it to have a good operation plan, it ought to increase its operation accessibil-ity in several areas such as Africa, China, Europe and India .The company is also required to come up with strategies of engaging in producing other types of products like their main com-petitors do. For the operation plan of Healthy Drinks Company of expanding their business to the international market to be effective, the company ought to inform their manufacturers to en-sure that they take essential actions through increasing their production. The company should also carry out market research so as to determine the demand in the projected locations. The company ought to develop some competitive advantages over their competitors in the market to ensure that they enjoy good business relations with their consumers. Key Aspects of Operations: Healthy Drinks lays great emphasis on the operational plan as it guides the development and management of processes and procedures on inventory control, storage, shipping, and customer services. The success of the company depends on the efficiency of the cam-paign plans. Consequently, there has been a great effort to institute efficient and effective processes and procedures to guide operations at Healthy Drinks. Since the business is a start-up, it will use a just in-time inventory system. The approach aims to limit storage and material holding costs. Healthy Drinks will have several suppliers of raw materials to prevent cases of shortage and lost production associated with using only one vendor. Cost and Time Efficiencies : Healthy Drinks has various measures to reduce its opera-tional costs while increasing time efficiency. At the onset, the firm will only employ experienced staff who can work fast with a minimal waste. Additionally, it will not hold more than 1,000 units at any given time. Additionally, management will not take any pay for the first six months of work ensuring that the firm has sufficient financial resources to fund its operations. The prima-ry goal will be to operate the business in the most cost-efficient way possible by applying sound economic principles. The company will make use of drop ship services to reduce overheads and boost efficiency. Moreover, it will aggressively negotiate its contracts and credit facilities. Final-ly, it will ensure that all processes and procedures are green. For instance, all communication will be done through to limit paper and printing costs. [Show More]

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