
Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley
Edition 1ISBN: 978-0077426903
Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley
Edition 1ISBN: 978-0077426903 Exercise 12
Elm Furniture Company, a medium-sized, publicly traded manufacturer of wood-based office and home furniture systems, has agreed that its major goal should be to "Become recognized as a value and social leader in the wood furniture industry." Consistent with this macro goal, Elm Furniture had identified the following specific objectives:
• Become recognized as a leader in the use and application of environmentally responsible practices and systems.
• Achieve sales growth averaging 5 percent more than that of the industry average.
• Keep stock price stable relative to that of the industry average.
• Reduce cost and waste at all levels of the fi rm.
• Be recognized as a design leader.
Using these goals and the balanced scorecard approach, what would the corresponding goals and metrics be for the following?
a.Operations management/manufacturing.
b.Product engineering and design.
c.Sales and marketing.
d.Purchasing/supply chain management.
• Become recognized as a leader in the use and application of environmentally responsible practices and systems.
• Achieve sales growth averaging 5 percent more than that of the industry average.
• Keep stock price stable relative to that of the industry average.
• Reduce cost and waste at all levels of the fi rm.
• Be recognized as a design leader.
Using these goals and the balanced scorecard approach, what would the corresponding goals and metrics be for the following?
a.Operations management/manufacturing.
b.Product engineering and design.
c.Sales and marketing.
d.Purchasing/supply chain management.
Explanation
Balanced Scorecard:
Balanced Scorecard ...
Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley
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