Sunday, February 2, 2020

Just-In-Time Inventory Management Assignment Example | Topics and Well Written Essays - 750 words

Just-In-Time Inventory Management - Assignment Example An automated inventory replenishment system would also aid in quick responses to reduced inventory levels. The manner through which firms arrange their human resource and jobs for functionality is known as the organizational structure. The best organizational structure is determined by various factors such as the nature of work, number of employees, and range of businesses. A small physician’s office may use a line organizational structure where there are only direct and vertical relationships between its various levels. The board of directors, physician (medical director), office manager, nurse practitioners, accountant, medical staff, and orderlies all fall underline departments. These departments are directly involved in achieving the primary goal of the office. The line organizational structure simplifies and clarifies authority, responsibility, and accountability relationships. Fast decision making is also promoted. A hospital with one large facility in a city may use the line and staff organizational structure. This structure is suitable due to the need for direct, vertical relationships between various levels as well as specialists that are tasked with providing advice to line managers. The hospital will have both staff and line departments, where the former will provide the latter with guidance and help in specialized areas. Lastly, a major, nationwide insurance company will use the divisional organizational structure that is usually adopted by big firms that cover a wide geographical area. Moreover, the company will have separate smaller divisions within the umbrella organization to cover different market areas. In this structure, the company can have a different basis for forming departments, such as; function, product, and geographic territory.

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