Professional Documents
Culture Documents
With the increased emphasis on resource productivity and service quality, the
notion of capacity planning has gained great significance. The goal of capacity
planning is always to meet customer demands and orders without burying
oneself under a mountain of unnecessary and expensive inventory.
Dynamic business environment, fluctuating oil prices in international market and
climate change has brought various challenges before many a businesses in the
world. Achieving financial and operational excellence as well as delivering high
quality goods and services at the same time has become a herculean task
especially for SMEs. Although there are various capacity planning strategies
such as lad, match and adjustment strategy but according to the top
management of the Emitac Healthcare Solutions the capacity planning strategy
that best suits business plan and long-term objectives of the company is lead
strategy. Although it is the most expensive of four approaches to capacity
planning and can result huge losses if demand is overestimated. But as the
situation follows, Emitac Healthcare Solutions is posing for expansion in MENA
region, therefore it is likely to have high demands in the near future and in case
if it fall short of inventory during skyrocketing demand, it will lose its potential
clients to competitors.
(2)
Explain if the company uses out sourcing, over time, shift system.
The data gathered about the company shows that Emitac doesnt
outsource human resources. It has its own well-established human
resource management department who works beautifully in coordination
with other organizational departments and operations management team.
In order to ensure efficiency and effectiveness in each and every process
of the Emitac Healthcare Solutions and not to overload/overburden its
employees with longer work hours, company has employed shift system.
Each worker works for specific number of hours each day and if any one
wishes to work longer, he/she is paid decent sum of money for the
overtime done.
Q#7. Explain the forecasting method which the company is using.
Ans. In health and medicine industry formal consensus by stakeholders on
some issue is considered to be the reliable and credible method. But as far
References
http://www.emitachealthcare.com/