Friday, December 27, 2019

compare and contrast business report Essay - 4274 Words

Compare and Contrast Business Report Dezurik Capital One 360 Operations and Supply Chain Management November 12th, 2013 Executive Summary Company Overview From an operations management perspective, we compared and contrasted Capital One 360 to Dezurik. We looked at many different aspects of both businesses in relation to various operational and business elements. We conclude that both corporations have significant differences based on manufacturing versus service operations. Dezurik is a pure manufacturing company, which was founded in 1928, while Capital One 360 is a pure service company that was founded in 2013. Dezurik designs and manufactures valves for use in commercial†¦show more content†¦This can be shown in their manufacturing process. Dezurik has some valves that they are mass producing all of the time. They also are able to take on project builds for custom sizes and designs. These are two different segments of Dezurik which require two different business strategies. The first strategy that Dezurik has is to be continuously producing their standard size valves. This is a fairly straight forward operations strategy. Keep up with the demand for the valves, and at the same time maintain an efficient product assembly line. The second strategy has to do with their special product order segment. They do this in several different ways. The first is to complete the projects in house, which shares the same as the previous strategy. The second strategy is to have one of their teams build and complete their projects on site. This typically happens when they work on a project with components that are too big to build in house. The business strategy for Dezurik is much different. They want to become the largest producer of valves in the world. They do this by outsourcing some of their components to China, which brings down production costs. They also need to be certified to be sold in other countries around the world. 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