Operation management has played a big role in the current business industry and as a result, it is important to provide people with more information about it. Operation management mainly deals with design and management of services, processes, products and the supply chains. Operation management also considers the development, acquisition and utilization of the available resources that most firms need to deliver to their clients such as services and goods. Forecasting assists the managers and various businesses to develop plans that are much more meaningful and to reduce uncertainty in future events. Due to the fact that many managers are always eager to match the supply of commodities with their demands, it is therefore very important for them to forecast on the amount of space required for the supply to the demands. This paper explains several methods of forecasting that helps managers to make future predictions for the purpose of improving the operations of Fiji Water. In this context, we are going to focus on six issues that include; managing, finance, strategy, operations statistics and data.
Summaryii
Introduction1
Literature Review1
Strategies, Qualitative Forecast and the Data1
Exemplars of analytics2
Operational Management2
Sustainability of Production, Packaging and Transportation2
Environmental, social and political impacts of Fiji Water's operations in Fiji3
Fiji Water Operation Strategies4
Focus Strategy4
Low Cost Strategy4
Differentiation Strategy4
Fiji Water Layout, Process type and Technology5
Network Technologies5
Involvement of People5
Process Management5
System Management5
Review Methodology5
Conclusion and Recommendations6
References7
Operations Management Coursework 2013
Introduction
Fiji Water developed a simple product that has come to be a symbol of high class and support for the environment. Bottled water is a luxury product which the Fiji company claims is made with „sustainable practices?. When one takes a closer look at the company and its product though, it is hard to come to the conclusion that they are indeed ahead of the curve on sustainability. Bottled water is surrounded by controversy, its sustainability firmly in question. Fresh water is an increasingly scarce resource that may become a growing source of conflict in the future, and there is likely no way to make bottled water of any kind sustainable. Tap water is more practical, efficient, and in many cases healthier than its bottled counterpart; and this is certainly true for the United States.
We will examine the Fiji Water as a case study of one bottled water brand. We were inspired to asses Fiji Water, because of the Vermont State Legislature's recommendation that stores stop carrying Fiji Water due to health concerns, as well as the current campaign to ban bottled water entirely form the UVM campus due to sustainability concerns. We will look at the sustainability of the production and transportation of Fiji water; of its health concerns; and of its impacts on the Fijian environment, society and politics. We will then compare this to the alternative practice of drinking tap water, as well as the production and health effects of Klean Kanteens (stainless steel reusable water bottles) in conjunction with tap water (Klean, 2010).
Literature Review
The article “Competing on analytics”, by Thomas ...