Operation Management Essay

Comparing to the specialist publishers, they are usually with less resources, it is difficult to foresee their business operations, they may cut orders due to economic recession or even business closure. They would schedule the order precisely over several weeks because they only produce standard card type with less variety.

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This can also match with Wace mission, to become a company.

However, there are also some risk for them to bear.

This is a serious charge for a manufacturing company, they may lose their loyal customer because of their reputation and lose the potential customers in this industry.

Furthermore, order would require the metallic inks and which is not source in Wace existing suppliers.

The time for the litho print may increase from 2 hours to 3 hours and 10 minutes each for guillotining and folding typical job.

Apart from the printing job, there are some jobs are such as packing.In my opinion, I would prefer Wace Burgess to accept the order from Firstly, Wace capability, human resources, time and reliable quality checked system are sufficient for fulfilling order.The company ability is high enough for completing the order and hand in the outputs on time.They may need to source for a new supplier and build up a new relationship with them, which cost their time and resources to do so, communication barriers may enhance with a new business partner.In addition, the time allowed for Wace Burgess to complete the order is limited.It indicates that is a potential customer with huge quantity demand compared with others.Moreover, is a massive retailer that require continuous supply (loyal customer), it may less likely cut the order quantity in a sudden, as they have to serve their own customers on time, with a strong base of business.As Wace Burgess has kept their excellent reputation and sales effort, they had the first chance to meet with Marks Spencer which is a big retailer.It is a dilemma for Wace Burgess whether accepting Marks invitation.Although there are some risks mentioned above to bear, it can be solved many ways.The supervisor advise that increasing the supply of labor may solve the problem of manpower shortage.

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