Professional Documents
Culture Documents
DRIVE
PROGRAM
SEMESTER
SUBJECT CODE & NAME
BK ID
CREDITS & MARKS
SPRING 2016
MBA
III
OM 0013 ADVANCED PRODUCTION AND OPERATIONS
MANAGEMENT
B1935
4CREDITS & 60 MARKS
Q.No
Criteria
Marks
Total Marks
2.5
10
2.5
c. Types of benchmarking
2.5
2.5
2.5
2.5
2.5
2.5
10
10
The market place for pharmaceutical companies is highly competitive. As a result there is a need
for a flexible, accurate and responsive global planning process to support the key factors of
rapid time to market, rapid response to demand changes, low costs. Each supply chain had
developed its own Sales Operations planning (SOP) process making it difficult to combine and
form a global view of demand and supply and to maximize sales opportunities. The requirement
was to create a standard SOP process to be used at all the supply chains, incorporating company
and industry best practice.
The solution for this problem was developed as follows: A workshop analyzed all SOP models
used within the company and compared these with business requirements and best practice. As a
result of combined SOP models, the organization was able to develop a best fit SOP model that
could be rolled out across the company.
The workshop produced a detailed documentation which described about inputs, meeting
agendas and attendees, outputs, key performance indicators for each stage of the process.
A simulation of the full SOP model was developed that enabled final design improvements to be
made and training of process participants and key stakeholders. This allowed a successful
implementation plan to be developed. Upon implementing, the process was tried on trial run for
a period of 4 months to facilitate fine tuning. The resulting SOP model was then rolled out across
the company to achieve full benefits.
The rapid implementation of a standardized SOP process gave immediate benefits to the fortune
solutions in terms of:
Improved cash flow due to optimized inventory and improved schedule adherence.
10
What is new product development? Explain the impact of internet on new product
development.
10
b. Benefits of JIT
10
*A-Answer
Note Please provide keywords, short answer, specific terms, specific examples and marks break - up
(wherever necessary)
Note Answer all questions. Kindly note that answers for 10 marks questions should be approximately of
400 words. Each question is followed by evaluation scheme.
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