Remake of EMBA T3 OM2 by Alexandra Enriquez https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w Key Takeaways from OM1 en-us 2021-11-20 01:27:17 UTC 2021-12-04 04:05:46 UTC hello@padlet.com Process Capability and Efficiency - Marvs | LT6 marvyn8tune https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903130914 OM1 has provided us how to properly manage output based on process efficiency and predict outcomes using data from day-to-day activities and improve these efficiencies in every iteration.]]> 2021-11-20 01:34:21 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903130914 Global Supply Chain Simulation | LT1 Carlo https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903132009 This taught us that cost is just one dimension, so the cost magnitude is not the end-all and be-all of decisions. The location of suppliers turns it into a vector that accounts for the distance, turnaround time, and risks.]]> 2021-11-20 01:35:59 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903132009 OM2 Key Takeaway [LT8 - Sue] https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903134109 OM1 key takeaway - operations is not only a function of one unit but a responsibility of the whole organization. in decision making, you need to consider relevant variables and information. Strategy can have a direct or indirect impact that may result to efficiency/inefficiency, profit/savings/cost. ]]> 2021-11-20 01:39:08 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903134109 Inventory Forecasting - Louie LT7 https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903134725 One important learning from OM1 is the importance of forecasting inventory.
Overstocking may lead to price
reductions and lower profits, on
the other hand under-stocking
may result to opportunity costs.
]]> 2021-11-20 01:39:59 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903134725 Bullwhip Effect https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135231 This was a very interesting learning for me in the classroom setup given that I was able to experience this first hand. Stakeholders in the distribution channel submits different forecasts, often very different from their actual need. Reasons vary from ensuring availability to miscalculating seasonality. Key takeaway for me is to be very active in monitoring the stocks up to store level to ensure accuracy of inventory and forecast. ]]> 2021-11-20 01:40:44 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135231 LT3 Apollo https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135248 OM1 showed us the importance of process control, utilizing human resources and proper machine efficiency.]]> 2021-11-20 01:40:45 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135248 Importance of planning supply chain- Eugene Velasquez|LT7 https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135358 OM1 taught us the importance of properly planning the sources of your supplies/raw materials. Key raw materials should be sourced from location that is closer from the manufacturing plant to lessen the lead time. Also, this could reduce carrying costs of inventories and provide easy and fast access in case there will be a sudden increase in demand. This will minimize opportunity lost and help the company satisfy the requirements of the customers. ]]> 2021-11-20 01:40:55 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135358 Design Thinking - LT6 Gary https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135705 OM1 reminded me of the importance of applying design thinking to activate creative thinging when developing more innovative products and processes that resonate more with customers.]]> 2021-11-20 01:41:27 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135705 LT3 - Beau | Products, Processes, & Supply Chain https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135895 Understand the various components of a firm's supply chain and their impact on its business. OM1 taught us the importance of maintenance and its impact on efficiency. Lastly, how to somehow do a more accurate way of forecasting, and importance of considering all factors the could affect the result.]]> 2021-11-20 01:41:44 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903135895 OPERATIONS MANAGEMENT SUPPORTS SEAMLESS STRATEGY EXECUTION/ Will / LT10 https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903136104 My key takeaway from OM1 is Operations Management is crucial in delivering the vision and strategy of any organization.

It is the organization's bridge to their target customers, making sure there is consistency in the delivery of the desired customer experience in every engagement.]]> 2021-11-20 01:42:03 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903136104 Supply Chain - LT3 Cris https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903137838 An efficient supply chain process is crucial to the profitability of the business.  ]]> 2021-11-20 01:44:31 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903137838 Bullwhip Effect - Chester Subagan/ LT5 https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903140061 It was very interesting for me to learn about the bullwhip effect in the classroom as I have experienced it firsthand in my actual work. Usually stakeholders in the distribution channel provide varying forecasts due to buffers, seasonality, product pricing etc... This makes my work as a product manager a little more challenging. As discussed in class best way to address it is to really have close coordination with the other stakeholders and monitor the product up to store level.]]> 2021-11-20 01:47:56 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903140061 Design Thinking - Jonie LT6 https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903141853 My key takeaway in OM1 is design thinking because it is the only topic there that I can relate to my world, and it unleashed my creativity when we were asked to design a wallet.

]]> 2021-11-20 01:50:34 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903141853 LT1-Vivian https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903142728 OM1 taught us how you can improve processes and operations to make the business competitive.

]]> 2021-11-20 01:51:46 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903142728 LT4 - John Patrick Eismann https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903143600 OM1 showed me to transfer the concepts mainly taught on examples in traditional industries like, e.g., manufacturing, even to the digital advertising industry.]]> 2021-11-20 01:53:01 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903143600 Key Take Aways LT4 Mariane OM1 has emphasized the need to identify bottlenecks in the process,manage supply chain well, identify value proposition and ensure continous process improvement to survive business competition. https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903144304 2021-11-20 01:54:09 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903144304 Supply Chain - Tech Improvement - LT6 Dars Saribay https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903145706 Cases we had also highlighted the extreme importance of integrating innovations and tech on supply chain management, particularly to address the impact of the pandemic. ]]> 2021-11-20 01:56:18 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903145706 LT5 Mheng -Application of OM concepts in the non-profit sector https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903151031 OM1 allows me to realize that concepts (bottlenecks, supply chain, innovation etc) also apply to non-profit organizations. As a health organization, our commitment and strategies to deliver systems solutions to the government required a number of operating model adjustments, especially during the pandemic. Unless we reorganize on how we deploy people and resources to translate strategy into results, we just couldn't succeed. ]]> 2021-11-20 02:04:11 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903151031 LT1 - Camille Boma https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903165999 Key Take Aways from OM1 - at the heart of operations management is delivering the customer value. While improvement in operations may deliver better profitability/ bottomline results the greatest benefit will be delivering the customer promise. Human centered design in partnership with design thinking will deliver better products, while great execution will depend on the efficiency of your process. ]]> 2021-11-20 02:25:31 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903165999 LT5 Gelo Diesmos https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903202029 In OM1, I learned about the concept of "kaizen" introduced by Toyota Motors company. It emphasized the importance of not only identifying and eliminating bottlenecks in a manufacturing process, but also constantly improving the process to achieve a level of greater efficiency. ]]> 2021-11-20 03:19:34 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903202029 Introduction to Harvard Simulations https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903203353 OM1 was my 1st time to experience a Harvard Simulation. I particularly like the experience because I can make mistakes and implement theories in different manners. While doing so, I am able to form take-aways that are lasting. I particularly like the near, far away, and far far away choices of suppliers. It's balancing the choices of bulk orders, time sensitivity, and agility. Until now, I refer to that experience when I encounter similar situations.]]> 2021-11-20 03:21:38 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903203353 LT4 - John Reyes https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903209102 Operating Processes are meant 2 fulfill 2 overarching goals: 
(1) Deliver the customer promise/strategic positions to provide best to customer over anyone else and achieved thru lower cost, faster service, higher quality, customization
(2) Create Value for Stakeholders]]> 2021-11-20 03:30:08 UTC https://padlet.com/abenriquez04/w9hjr9mx3yqsks9w/wish/1903209102