Operations Management Principles Bachelor Essay

Operations Management Principles Bachelor - Essay Example Printer and its Toner has to be optimized. In manufacturing, APS gives a methodology of concurrent synchronization of material and capacity with customer orders. (Advanced Planning and Scheduling- APS) With APS to be used is also Lead Time Management, which is the time between the start of a process and its completion. In planning parlance, the lead-time is usually an estimated time. As the plant's finished product consists of Printer and Toner, though different categories of products, but one item is the consumable product of the other. For printer, the toner is the consumable item and as such a printer will be of no use until it is loaded with the Toner. Hence the model of Collaborative Planning, Forecasting, and Replenishment -- CPFR will be useful which provides customer level visibility across the supply chain in order to attain the inventory reductions, revenue lift and cost reductions which remain the final objectives of collaborative initiatives. The solution meets limited materials and production planning against controlled and uncontrolled demand plans to the meet the normal goals of profitability, productivity, competitive customer lead times, and backlog levels.