Product-Based Operations Management Milestone (Any help is appreciated for this outline)Having selected the subject organization for your Portfolio Project operations management (OM) assessment, create a high-level outline based on the key elements stipulated in the Module 8 Portfolio Project requirements (below). For the Portfolio Project milestone, include a title page, an introduction, and a reference page with at least two current scholarly references (published within the past five years) in addition to the course text book, and an outline containing the following:Substantive details in the subject organization section.Substantive details in the operations management section.A draft definition of OM design of goods and services for the define operations section.An itemization of the lessons learned based on your forecasting simulation experiences for the OM forecasting section.A draft definition of quality for the quality management section.An itemization of the lessons learned based on your quality management simulation experiences for the quality management section.Key Elements:Subject Organization: Name and briefly describe the subject organization in this section, including its mission. In this section, at least one in-text citation must refer to a source in your reference list that can be accessed by the reader to learn more details about this organization.Operations Management: Define OM and relate the subject organizations mission, operational strategy, and productivity measurements; compare and contrast OM with project management.OM Forecasting: Define forecasting in the context of OM, identify the subject organizations forecasting methods and practices, relate the Seven Steps in the forecasting system to the subject organization, highlight potential ethical considerations related to the subject organizations forecasting, and recap applicable lessons learned based on your forecasting simulation experience.Define Operations: Define design of goods and services and relate it to the subject organization, and highlight OM process, location, and human resource strategy in the context of the subject organization.Quality Management: Define quality and identify common OM quality management best practices, identify the subject organizations quality management methodology, and recap the applicable lessons learned based on your quality management simulation experience.Supply Chain Management: Define supply chain management (SCM), designate the subject organizations SCM strategy and explain the basis for determination, describe the subject organizations use of technology for SCM, identify potential SCM risks and SCM ethical considerations related to the subject organization, and recap the applicable lessons learned in your supply chain management simulation experience.Inventory Management: Define inventory management, its importance, and common inventory models; identify the subject organizations inventory management practices; identify potential ethical considerations related to the subject organization; and recap the applicable lessons learned in your inventory management simulation experience.Aggregate Planning: Define sales and operations planning (S&OP) and relate it to the subject organization; define materials resource planning (MRP) and enterprise resource planning (ERP) and relate to the subject organization; and describe the subject organizations use of technology for aggregate planning.Lean Operations: Define lean operations, identify the subject organizations lean operations practices, relate strategic importance of maintenance and reliability to the subject organization, and identify an OM innovation to improve the subject organizations operations for competitive advantage.
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