OPERATION Essay Example | Topics and Well Written Essays - 500 words

OPERATION - seek ExampleAt the same time, Deere also aligned its production processes with sales forecasts, supplier lead times, and guest demand for the products, which enabled the connection to immediately respond to rapid changes in product demand and reduce the companys vulnerability to external factors that affect its profitability and operations. Similarly, Revlons recent inventory restructuring initiative was influenced by the increased need to optimise all aspects of the companys resources to meet greater customer-service expectations and to manage capital flows from inventory to other business activities such as research and product development. In contrast with Deeres efforts, Revlon emphasized a process-based approach to reduce inventory costs. This entailed targeting the ineffectual parts of the companys supply chain for restructuring in order to achieve a better synchronization crossways the functional areas of the business. For one, Revlon focused on making susta inable changes by changing attitudes and behavior within the company that contributed to inefficient business processes in order to align leadership and heed practices with the demands of the new inventory management process.