Final answer:
The correct answer is E) All of the above are current trends. Supply-chain partnering, lean manufacturing, agile project management, and big data analytics are all current trends in operations management.
Step-by-step explanation:
The correct answer is E) All of the above are current trends. In operations management, supply-chain partnering is indeed a current trend. It refers to the strategic alliance between companies to enhance their supply chain efficiency and effectiveness. This involves sharing information, collaborating on processes, and jointly managing inventory.
Other current trends in operations management include:
- Lean manufacturing: This approach focuses on minimizing waste, improving efficiency, and maximizing customer value. It involves streamlining processes, reducing inventory, and optimizing resource utilization.
- Agile project management: This methodology allows for flexibility and adaptability in managing projects. It emphasizes iterative and incremental development, collaborative teamwork, and quick response to changes and customer feedback.
- Big data analytics: With the increasing availability of data, companies are using analytics to gain insights and make data-driven decisions in operations management. This includes forecasting demand, optimizing inventory levels, and improving supply chain visibility.