33:799:301 Lecture Notes - Lecture 3: Year 2000 Problem, Automotive Industry, Swot Analysis
13 Oct 2017
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Strategic level = executive: looking 3-5 years ahead. Tactical level = managers, directors: looking 12-18 months ahead. Operational level = managers, supervisors, analysts: looking 1-2 weeks ahead. Vision: looking into the future; what do you want to be. Perform swot analysis strengths/weaknesses (internal), opportunities/threats (external: strengths = easy; weaknesses = hard to understand, opportunities = easy to identify; threats = competitor, regulations (taxes, laws), natural disasters, etc. Develop goals nancial (strategic level: earnings per share, tactical level: annual budgets, operational level: cost/order, labor hours/job, deliveries/week), customer service, etc. Create line of sight metrics must be able to see all the way down the line; every worker must know expectations; clarity. Procurement article: automotive industry product life-cycle: Recycle: get procurement involved early in the process; from the very rst step. Sc planning = responsible 4 determining how best 2 satisfy requirements created by forecasted demand plan: has 3 broad time categories:
