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(Code: A4/ 11/5/2020)Which subject: unit 4- management and operations (d/508/0488) If there is any program to use : Powerpoint+speaker notesCalculations or thury:Managment and operationHow many words: 2500 words ***********************similerty less than 5\% Turnitin report nee assignment_2___management_and_operations____approved_version.docx Unformatted Attachment Preview College of Banking and Financial Studies Assignment Brief-2 – BTEC Higher National Diploma in Business (Level 5) Student Name /ID Number Unit Number and Title Unit No. 4 – Management and Operations (D/508/0488) Academic Year Spring 2019 - 2020 Unit Assessor Dr. Chintan A. Joshi/ Ms. Priya Gopal I. V. Name LIVT TEAM Assignment Title Relationship Between Leadership and Management Issue Date 15th April 2020 Last date for submitting PPT presentation 28th of May 2020 Presentation Format: This assessment component is designed to assess the command verbs used in this learning outcome LO3 & 4 through presentation (oral/viva/). Learners are required to prepare a power point presentation consisting 25 - 30 slides (the recommended word limit is 2500 words including the speaker notes) explaining the role of marketing and how it interrelates with other functional units of an organisation. The presentation (expected to be submitted with white background along with speaker notes) must be submitted in the turnitin ahead of the presentation by the learner. Learners are required to align the presentation to the command verbs (see page 2) so that you secure desired grades. Word limit in excess of 2500 will not be penalised. Your presentation is to utilise the use of headings, paragraphs and subsections as appropriate, and all work must be supported with research and referenced using Harvard referencing system. The file must be saved in the format: student St. No-Name -ME-A1- Formative. In case of extenuating situations, the relevant college policies apply The assessment will also observe over and above the command verbs, the following transferable skills; 1. 2. 3. 4. Oral communication, Critical thinking, Reasoning, Creativity There will be no presentation amid Corona virus scare for Spring 2020. The presentation should accompany appropriate and sufficient speaker notes. Source: Customised by CBFS@PSD@HND based on Pearson BTEC format: Annexure 5 1 Unit Learning Outcomes: LO 3. Demonstrate an appreciation of the role leaders and managers play in the operations function of an organization. LO 4. Demonstrate an understanding of the relationship between leadership in management in contemporary business environment. Assignment Brief and Guidance: Source: Customised by CBFS@PSD@HND based on Pearson BTEC format: Annexure 5 2 Based on the case study provided for assignment 1 Supply Chain Strategy in GM While GM is continually faced with deterioration of reputation owing to the risk of product recalls, the Chief Executive Mary Barra has sought to make it the world’s most valued automotive company, a status it long enjoyed in the past. The changes as planned at GM are plenty, but there are some very critical supply chain issues and amendments that might prove to be game changers in the long term success of the firm. GM based its orders to suppliers on highly unrealistic sales forecasts according to the executive. It is estimated by some analysts that GM can save close to $1 billion per year by improving its purchasing process. GM has, consequently, begun to reshape its purchasing strategy and is more open to sharing financial risks with its suppliers (White, 2014). It is vital for GM to improve its supplier relationships in order to drive maximum value out of purchasing. The task may prove to be somewhat tedious considering that GM was the least favored automotive company as per suppliers in 2014 (Kelleher, 2014). Supplier-sourced parts comprise approximately two-thirds of GM’s automotive costs. (University of New Hampshire Peter T. Paul College of Business and Economics, 2014) Today their Global Purchasing and Supply Chain (GPSC) organization manages roughly around 18,500 suppliers and spends about two-thirds of their total automotive costs of sale on material cost, or roughly USD90 billion. Thus suppliers for GM are a vitally important part of their business. They are key in the development, production and reliability of their cars, helping meet customers expectations for vehicle availability, affordability and quality. Likewise, GM also realized that they often play a critical role in their suppliers’ business and that success is a mutual proposition. With this GM is actively moving towards an approach to sustainability in their procurement and supply chain activities with a key focus on: policies and principles, disclosure, performance and engagement. Through this approach, they are striving to drive economic value, reduce environmental impact, enhance transparency, and leverage industry and supplier collaborations. (General Motors, n.d.) Logistics is another key area of focus in the GM’s current supply chain strategy. As per GM executive Edgard Pezzo, in the coming years the company will focus on reducing global logistics costs, bringing suppliers closer to manufacturing facilities, and investing in logistics infrastructure at its plants. The focus has come due to the increasing logistics costs in North America and globally. While cost is a major driver, Pezzo argues that the strategy is more centered on waste elimination by efficient routing and better material order processes. An interesting insight that follows is that logistics has been put at the forefront in the supply chain improvement strategy. The rationale is to create a logistics team that eagerly seeks involvement in the development of a vehicle and thereby create a highly efficient supply chain. GM logistics team is also seeking to expand the services it receives to some emerging markets having good logistics capabilities. (Ludwig, 2014). GM was one of the first major automakers to recognize the need to fuel improvements by stepping up its reverse logistics. To this endeavour GM partnered with UPS Supply Chain Solutions to deliver an innovative solution for its materials recovery of parts under warranty—a key factor in cutting costs and achieving high levels of customer satisfaction. UPS Supply Chain Solutions offered GM solutions to door-to-door package delivery, inventory management, and the technology needed to streamline and control the GM supply chain. UPS engineers Source: Customised by CBFS@PSD@HND based on Pearson BTEC format: Annexure 5 3 worked closely with GM to establish an advanced process and analysis centre for warranty parts in Lake Orion, Michigan which serves as a centralized engine powering the entire process. Another improvement is a new Web Portal that allows GM engineers and suppliers to gain real time access to inventory reports, schedules and general information. Dealers too can log on 24x7 to check the status of their received, outstanding or debited returns. (UPS, n.d.) Reference: http://jayandtheworldtoday.blogspot.com/2015/02/general-motor.html Required. You have been appointed as Junior Executive, in the Operations Department of General Motors (GM). The senior management has asked you to develop a power point presentation (with sufficient speaker notes), which critically evaluate application of operations management at GM and factors that impact on the wider business environment. Source: Customised by CBFS@PSD@HND based on Pearson BTEC format: Annexure 5 4 Learning Outcomes and Assessment Criteria Learning Outcome Pass Merit Distinction P4 – Explain the key approaches to operations management and the role that leaders and managers M3- Evaluate how leaders LO3 – Demonstrate an play. and managers can improve appreciation of the role efficiencies of operational leaders and managers play P5 – Explain the management to in the operations function importance and value of successfully meet business of an organisation operations management in objectives. achieving business objectives. D2 – Critically LO4 – Demonstrate an understanding of the relationship between leadership and management in a contemporary business environment. P6– Assess the factors within the business environment that impact M4- Analyse how these upon operational different factors affect the management and decision- business environment and making by leaders and wider community managers. Source: Customised by CBFS@PSD@HND based on Pearson BTEC format: Annexure 5 evaluate application of operations management and factors that impact on the wider business environment. 5 LEARNER ASSESSMENT SUBMISSION AND DECLARATION When submitting evidence for assessment, each learner must sign a declaration confirming that the work is their own. Please list the evidence submitted for each task. Indicate the page numbers where the evidence can be found or describe the nature of the evidence (e.g. video, illustration). Task ref. Evidence submitted Page numbers or description Additional comments to the Assessor: Learner declaration I certify that the work submitted for this assignment is my own. I have clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Learner signature: Source: Customised by CBFS@PSD@HND based on Pearson BTEC format: Annexure 5 Date: 6 ASSESSMENT RECORD SHEET – FORMATIVE FEEDBACK Programme BTEC HND BUSINESS LEVEL 5 Learner name Assignment title Relationship Between Leadership and Management Assessor name Unit no. & title Unit 4 – Management and Operations Targeted learning aims/assessment criteria Ms. Priya/Dr. Chintan Joshi First Submission Deadline Targeted criteria Date submitted Criteria achieved Assessment comments LO 3 LO 4 General comments Assessor declaration Assessor signature I certify that the evidence submitted for this assignment is the learner’s own. The learner has clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Date Date of feedback to learner Resubmission authorisation by Lead Internal Verifier* Date * All resubmissions must be authorised by the Lead Internal Verifier. Only one resubmission is possible per assignment, providing: ● The learner has met initial deadlines set in the assignment, or has met an agreed deadline extension. ● The tutor considers that the learner will be able to provide improved evidence without further guidance. ● Evidence submitted for assessment has been authenticated and accompanied by a signed and dated declaration of authenticity by the learner. **Any resubmission evidence must be submitted within 15 working days of receipt of results of assessment. Source: Customised by CBFS@PSD@HND based on Pearson BTEC format: Annexure 5 7 ASSESSMENT RECORD SHEET - RESUBMISSION – SUMMATIVE FEEDBACK Deadline Targeted criteria Date submitted Criteria achieved Assessment comments General comments Learner Declaration Learner signature Assessor declaration Assessor signature I certify that the evidence submitted for this assignment is my own. I have clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Date I certify that the evidence submitted for this assignment is the learner’s own. The learner has clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Date Date of feedback to learner Source: Customised by CBFS@PSD@HND based on Pearson BTEC format: Annexure 5 8 ASSESSMENT RECORD SHEET - RETAKE – (for QCF only) Programme BTEC HND BUSINESS LEVEL 5 Assignment title Unit no. & title Relationship Between Leadership and Management Unit 4 – Management and Operations Deadline Targeted Pass criteria Learner name Assessor name Targeted learning aims/assessment criteria Date submitted Criteria achieved Assessment comments General comments Learner Declaration I certify that the evidence submitted for this assignment is my own. I have clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Learner signature Assessor declaration Date I certify that the evidence submitted for this assignment is the learner’s own. The learner has clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Assessor signature Date Date of feedback to learner Source: Customised by CBFS@PSD@HND based on Pearson BTEC format: Annexure 5 9 ... Purchase answer to see full attachment