Integration of Financial and Operational Management - Essay Example

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Integration of Financial and Operational Management

Dell has committed itself to operate in a way that would not only achieve excellence in operations but also benefit the company financially and would result in satisfied customers. Because of its commitment to constant improvement the company installed the direct selling method where JIT system and lean production were adopted which improved company’s efficiency and effectiveness in many areas. On the other hand the company used the rapidly growing IT technology well by working on customer focused ordering system which enable them to design their own product, which resulted in much satisfied customers and zero inventory level. Zero inventory level was further implemented by changes in the supply chain and integration of the entire company’s operations into the supply chain. Through redesigning of systems and process, Dell is able to become the most efficient PC manufacturers in the world. However, it should be noted that although Dell has installed a system which serves as a benchmark for many manufacturing companies, Dell still needs to focus on few areas which if not attended can turn out to be bigger operational issues in the future. Introduction: Dell is one of the largest American multinational company which deals in selling and supporting computers and related products and services. ...Show more

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WK 12 - Integration of Financial and Operational Management Name University WK 12 - INTEGRATION OF FINANCIAL AND OPERATIONAL MANAGEMENT Executive Summary: Dell is the leading technological multinational company which operates in all the continents of the world…
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