QSO 5.2 Final Project Milestone Three Sustaining Operations.docx

QSO 5.2 Final Project Milestone Three Sustaining Operations.docx

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RUNNING HEAD: 5-2 Final Project Milestone Three QSO 300 Operations Management Sheryl Russell 5-2 Final Project Milestone Three Sustaining Operations
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RUNNING HEAD: 5-2 Final Project Milestone Three The Triple bottom line is also known as Business sustainability. A method in which businesses manage their social and environmental risks, finances, and obligations/opportunities. Often these are represented as the three P’s- people, planet, and profits. Sustainability in operations management incorporates economic and social responsibility around long term strategies. In any organization, economic and social sustainability needs to be priority to be/remain successful. Theories and Techniques Just in Time: Just-in-Time (JIT) is a method designed mainly at decreasing flow inside production along with reaction time from sellers to buyers. The chief principle is to reduce waste and improve productivity. To Nissans advantage it would be to lessen inventory and utilize current stock. By reducing the on-hand inventory cost it decreases the extra need for warehouse inventory space. A clear disadvantage would be needing to rely on the sellers one hundred percent to meet delivery timelines.
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