Store Layout.pptx Store Layout.pptx Store Layout.pptx

Presentation

1. Model Institute of Engineering & Technology Course Name- Retail Management Course Code- MBA- Lecture No- Topic – Retail Store Design and Layout Date- 15.03.2024

2. Course Outcomes Course Outcomes Description Mapping with Program Outcomes and Program Specific Outcomes CO1 Understand the nature and scope of Operations Management. CO2 Apply various concepts of operation management in selecting facility location and layout of production system. CO3 Examine the scope of production planning and control to create competitive advantage. CO4 Analyze the concepts of material and store management for acquiring a comprehensive overview of material procurement and storage. CO5 Appraise the techniques of Inventory Management and Quality control for their contribution towards operations management. .

3. Assessment and Evaluation Plan Assessment Tools Quiz Evaluation

4. Course Outcome 1-Delivery Plan Course Outcomes Topics Blooms Taxonomy CO2 Capacity Planning Decisions Understanding

5. Outcomes of Today’s Lecture C oncept of capacity planning F actors affecting capacity planning process

6. Introduction What do you understand by the term ‘Planning’ What do you mean by the term ‘planning decisions’ Introduce the formal concept of capacity planning decisions

7. - https://www.youtube.com/watch?v=5-hhfBXykec

8. 1- 8 PROCESS FOR CAPACITY PLANNING 1.Assess company situation and environment to predict future demands, including the possible impact of technology, competition and other events 2 Determine the available capacity 3 Translate predictions into physical capacity requirements 4 Develop alternate capacity plans for matching required and available capacity 5 Analyse the economic effects of alternate capacity plans 6 Analyse the risks and other strategic consequences of alternate plans 7 Recommend a course of action 8 Implement the course of action.

9. Quiz Point out the correct statement. a) Capacity planning seeks to match demand to available resources b) Capacity planning examines what systems are in place, measures their performance, and determines patterns in usage that enables the planner to predict demand c) Resources are provisioned and allocated to meet demand d) All of the mentioned

10. Ans -D

11. 1. Assess Current Capacity: The first step is to assess the current capacity of your organization’s resources, including equipment, facilities, labor, and technology. This assessment provides a baseline understanding of your existing capabilities.

12. Forecast Future Demand: Accurate demand forecasting is essential. Use historical data, market research, customer trends, and other relevant information to estimate future demand for your products or services. Consider seasonal variations and growth trends.

13. Quiz  Which of the following is a critical step in capacity planning? a) Predict the future based on historical trends and other factors b) Load the system until it is overloaded c) Deploy or tear down resources to meet your predictions d) All of the mentioned

14. Answer: b Explanation: Knowing when systems fail under load and what factor(s) is responsible for the failure is the critical step in capacity planning.

15. Analyze Capacity Gaps: Compare the projected future demand with your current capacity. Identify gaps or mismatches between what you can currently produce and what you need to meet customer demand.

16. Identify Resource Constraints: Determine if any specific resources are limiting your capacity, such as a lack of skilled labor, outdated machinery, or facility constraints. Identifying constraints is crucial for targeted improvements.

17. Plate operation.   Cup operation.   Product.   Bottleneck operation

18. Develop Capacity Plans: Based on the analysis, create capacity plans that outline the strategies and actions needed to bridge capacity gaps. These plans may include expanding facilities, upgrading equipment, hiring additional staff, or implementing process improvements.

19. Financial Analysis: Evaluate the financial implications of capacity expansion or improvement projects. Consider the costs associated with resource acquisition or upgrades, as well as the expected return on investment.

20. Resource Allocation: Allocate resources, such as budget, personnel, and materials, to support the capacity improvement projects outlined in the plans. Prioritize projects based on their impact and urgency.

21. What is your approach to capacity planning? The interviewer is trying to gauge the capacity manager's understanding of how to plan for future capacity needs. This is important because if the capacity manager does not have a good understanding of how to plan for future capacity needs, the company may end up overspending on capacity or not having enough capacity to meet future demand.

22. My approach to capacity planning is to start by understanding the business goals and objectives. Once I have a good understanding of the business goals, I then work with the team to understand the current capacity and utilization of the system. We then identify any areas where there may be bottlenecks or constraints and work together to come up with a plan to address those issues. We also look at future growth projections and make sure that we have enough capacity in place to accommodate that growth

23. Implementation: Execute the capacity improvement projects as per the plans. Ensure that projects are on schedule and within budget. Monitor progress closely to identify any issues that may require adjustments.

24. Performance Monitoring: Continuously monitor the performance of the capacity improvements. Evaluate whether the changes have resulted in the expected capacity enhancements and whether they are aligned with demand.

25.  Adjustment and Optimization: Be prepared to adjust capacity plans and resource allocation as needed. Changes in market conditions, customer preferences, or unforeseen events may require you to adapt your capacity strategy.

26. Communication: Maintain open communication with all stakeholders, including employees, suppliers, and customers, regarding changes in capacity that may affect operations, delivery times, or service quality

27. https://resumecat.com/career/capacity-manager/interview-questions

28. Thank You