The Role of the Engineer in the Value Chain - 1356 Words

Assignment 1: Report The role of the Engineer in the Value Chain Introduction In recent years, the requirements of commercial and industrial operations in the production of services and goods have been subject to vast changes. In the present era of globalization and increasing international competition, a trend away from vertically integrated organizations has become more and more evident. In fact, most companies nowadays tend to solely concentrate on their own core competencies, outsourcing different steps of the production. However, including a great many of other organizational units to the production systems, has lead to rising complexity in terms of the operations management (Plenert, 2012). In this context, engineers with†¦show more content†¦In this context, the engineer’s competences are not only in demand during the actual process of designing a product, but also concerning the development of technologies, which help to identify customers’ needs (Sabri amp; Shaikh, 2010). Hence, engineers are involved in research processes as well as they play a crucial role in the management of those projects, guaranteeing a successful accomplishment of innovations. Stadtler and Kilger (2008) point out that the competitiveness of a product is not only included in the responsibility of a single company, but for the whole supply chain. Accordingly, the engineer has to ensure efficiency and effectiveness of the supply chain by both enhancing the cooperation of the different functional units and improving the â€Å"coordination of material, information and financial flows† (Stadtler amp; Kilger, 2008). However, depending on these two objectives, he can take on different focuses in his role as a manager. On the one hand, an engineer can increase value, for instance, by streamlining the cost of procurement and production or optimizing operations concerning customer orders. On the other hand, he can rather concentrate on more holistic decisions, which are particularly evident in the context of improving the collaboration of the organizational units involved in the supply chain. As a strategic manager, he has to give directions and to align objec tives among allShow MoreRelatedValue Chain1020 Words   |  5 PagesExecutive Summary Value chain management has become more and more important in industry in past decades. This report provides an insight view of value chain in automotive industry and then examine leadership role of engineer in value chain management. Furthermore, the report will analyse why engineer is so important in management of value chain. Analysis of value chain Automotive industry plays an important pillar role in the economic development of all countries. 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