Case Study Nissan s Risk Management Plan Essay

Nissan Motors uses operations management functions to provide products and generate value for its customers by making the decision to maintain and to simplify their product line compared to their competitors. Their motor assembly department adopted to build to stock, and build to order strategies which gives them a competitive advantage over their competitors. The built to order strategy is the strategy that the design of vehicles is based on demands of the customers. By having this strategy the management team believes that this will assist in simplifying its daily operations and product offerings as well as helping them increase sales revenue. Another perspective is Nissan’s risk management plan. Their risk management plan is focused on identifying and analyzing risks in advance. They have an emergency-response plan put in place to shield the company against the tsunami. Nissan’s emergency response plan has priorities regarding human safety, prevention of possible disasters, a rapid disaster recovery plan, business continuity and support for the community neighboring the companies. Nissan designated a Global Disaster Headquarters whose purpose was to gather and distribute information concerning its employee and customer safety, production facility damage, and business continuity planning for its operations as an example. Nissan has in place best strategies designed to achieve competitive advantage over their competitors. They do this by identifying and analyzing possibleShow MoreRelatedCase Study Management Functions Of Nissan Motor Company Essay1571 Words   |  7 Pages QSO 300 Milestone One: Nissan Case Study Jarrad Delcambre Southern New Hampshire University April 25, 2016 Milestone One: Nissan Case Study The purpose of this paper is to examine and evaluate the use of operational management functions used by Nissan Motor Company Ltd. The paper will prove to show how Nissan uses operations management functions to provide products and generate value for its customers. CPM and PERT will be discussed to see how they fit into the company’sRead MoreCase Study : Nissan Motor Company Ltd1401 Words   |  6 Pages2016 â€Æ' Using the case study titled Nissan Motor Company Ltd.: Building Operational Resiliency (Schmidt, Simchi-Levi, 2013), the goal of this paper is to evaluate how Nissan uses operations management functions to provide products and generate value for its customers and achieve a competitive advantage, and will compare and contrast service operations and manufacturing operations. 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In year 2007, Nissan ¶s Executive Vice President, Tadao Takahashi mentioned its strategy of moving to transnational from multi-domesticRead MoreMgt 660 Full Course Mgt660 All Week Discussions2643 Words   |  11 Pagesof your choice and run a PESTS analysis. Based on your analysis, what strategic initiative would you recommend? Why? MGT 660 Week 3 Discussion 1 Choose a company and briefly describe its business and uniqueness in its industry. Now compare its management practices with the six principles described in Lecture 3. Is the company on the right track? Support your response with solid reasoning. Would you add one or more principles to the list? What principles would you add and why? MGT 660 Week 3 DiscussionRead MoreNissan Strategic Management Report3777 Words   |  16 Pagesthe industry’ s origins was in Europe in the first half of the century, it was dominated by the U.S and later on Japan and countries of west Europe developed and became chief manufacturers and exporters, giving them the chance to develop their economies. Nissan is one of the largest companies in the Automotive industry. The company was founded in 1933 named as Jidosha Seico Co., Ltd and was renamed the following year after merging with another Japanese producer, the new name was Nissan Motor Company