Discuss the individual contributions that could be made by a cross-functional team to the following list of activities. Assume the team consists of engineering, manufacturing, and supply management personnel.250 words
a. Specifications Development
b. Market Analysis
c. Productivity/cost improvements
d. Make or buy analysis
e. Determination of inventory levels
a. Specifications Development:
b. Market Analysis:
c. Productivity/Cost Improvements:
d. Make or Buy Analysis:
e. Determination of Inventory Levels:
Overall, a cross-functional team fosters synergy and diverse perspectives. Each member brings specific expertise, leading to well-rounded decisions in diverse activities, from product development to market analysis and cost optimization.