WK5FMdiscussion.docx
Option 2:
Using the same company you selected in Week 2, review the last three years of annual reports (paying particular attention to the shareholder letters) and address the following.
· Briefly outline the challenges presented by the CEO or CFO in the areas of forecasting and the objectives and uncertainties they identified.
· What variables complicated forecasting and what were the effects on the budgeting process including, if applicable, how missed targets were addressed and the implications of these discrepancies?
The company I use on WK 2: Zapata Computing Holdings Inc
WK5OEdiscussion.docx
Applying Lean in Your Organization
This week, you learned how Lean is used to reduce inventory, eliminate waste, and improve processes. In preparation for Course Project Part B, answer the questions below. Be sure to include specific references to this week’s course materials to support your response.
· Now that you have completed your first assignment and watched the Lean Event, Kaizen, or Workout video, what are some opportunities in your value stream where a Work-Out or Kaizen event can be applied?
· Which Lean tools would be most useful in these events?
· What challenges have you seen, or anticipate, in deploying Lean improvements in your industry? How would you address those challenges?