1. Introduction Flashcards

1
Q

Give examples of performance objectives in the operations strategy matrix!

A
  1. Quality
  2. Time
  3. Dependability
  4. flexibility
    —> customize, now product?
  5. cost
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2
Q

Name some examples of decision areas I the operations strategy matrix!

A
1. Capacity
—> small factors? where?
2. Supply networks
—> long term contacts? relations? vertical integration? ownership?
3. Process technology
—> automated systems? connected flow? 
4. Development and organisation
—> top controlled? flat organisation?
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3
Q

Outcome of the operations strategy matrix?

A

Market competitiveness

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4
Q

what are the stages of the process of operations strategy according to traditional view?

A
  1. operations strategy formulation
  2. operations strategy implementation
  3. operations strategy monitoring
  4. operations strategy control
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5
Q

what are order winners?

A
  • the things that make you win orders if you IMPROVE
    —> improve the competitiveness if you improve
    —> gain more business the better you are
    —> linear competitive benefit
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6
Q

what are qualifiers?

A
  • The necessary level på be on the market.
  • Basic demands
    —> the competitive benefit converges for high performance
    —> for qualifiers it doesn’t matter what you add the competitive benefit count get bigger
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7
Q

What are delights?

A
  • The extra that customers don’t expect but it is positive - Might be the thing that makes the deal.
    —>not linear
    —> the competitive benefit converges for high performance
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8
Q

Difference between x and the kano model?

A

?

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9
Q

What are the axes in the order winners, delights and qualifier model?

A

x: achive performance
y: competitive benefit

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10
Q

How does the order winners, delights and qualifier model develop in time?

A

The competitive benefit gets lower

—> order winners become qualifiers and so on

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11
Q

what are the significant milestones of delivery of products /services?

A
  1. Awareness of need
  2. Request for information
  3. Receipt of information
  4. Request for product/service
  5. Start of core processing
  6. end of core processing
  7. Installed product/service fully operational
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12
Q

How does the sales volume change during the life cycle?

A
  1. Introduction into market
  2. Growth in market
    —> acceptance of the market
  3. Maturnity of market
    —> sales level off
  4. Decline as market
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13
Q

What is the “chasm”?

A

between the innovators and the early adopters
—> difficulty in taking the second step
—> ramping up, bigger volumes

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14
Q

What are trade-offs?

A

Trade-offs in operations are the way we are willing to sacrifice one performance objective to achieve excellence in another

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15
Q

what us the efficient frontier view?

A
- How to get to the efficient  frontier
—> change management
- to get to the new efficient frontier
—> have to think new, be innovative
—> japan, kaikaku
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16
Q

what are the stages of the process of operations strategy according to evolving view?

A
An iterative proccess
1. operations strategy formulation
2. operations strategy  monitoring
3. operations strategy implementation
5. operations strategy control
and back again
17
Q

What is quality associated with?

A

being right

18
Q

What is speed associated with?

A

being fast

19
Q

What is dependability associated with?

A

being on time

20
Q

What is flexibility associated with?

A

being able to change

21
Q

What is cost associated with?

A

being productive

22
Q

How can the operations function provide a competitive advantage ?

A

Through its performance at the five competitive objectives:

  • Quality
  • Speed
  • Dependability
  • Flexibility
  • Coat
23
Q

Different product groups require different performance objectives. Name some different performance objectives!

A
  1. services
    —> business
    —> budget
  2. customers
    —> business
    —> private
  3. Service range
    —> customized
    —> standardized
  4. rate of service innovations
    —> high
    —> low
  5. volume of activity
    —> low volume
    —> high volume
  6. profit margin
    —> medium to high?
    —> low to medium?
24
Q

What is characteristic for an newly introduced market?

A
CUSTOMERS
—> innovators
COMPETITORS
—> few/none
LIKELY ORDER WINNERS
—> product/service specification
LIKELY QUALIFIERS
—> Quality
—> range
DOMINANT OPERATIONS PERFORMANCE OBJECTIVES
—> Flexibility
—> Quality
25
Q

What is characteristic for a growing market?

A
CUSTOMERS
—> earls adopters
COMPETITORS
—> increasing numbers
LIKELY ORDER WINNERS
—> availability
LIKELY QUALIFIERS
—> Price
—> range
DOMINANT OPERATIONS PERFORMANCE OBJECTIVES
—> speed
—> dependability
—> quality
26
Q

What is characteristic for a mature market?

A
CUSTOMERS
—> bulk of market
COMPETITORS
—> sable numbers
LIKELY ORDER WINNERS
—> low price
—> dependable supply
LIKELY QUALIFIERS
—> range
—> quality
DOMINANT OPERATIONS PERFORMANCE OBJECTIVES
—> cost
—> dependability
27
Q

What is characteristic for a declining market?

A
CUSTOMERS
—> laggard
COMPETITORS
—> declining numbers
LIKELY ORDER WINNERS
—> low price
LIKELY QUALIFIERS
—> dependable supply
DOMINANT OPERATIONS PERFORMANCE OBJECTIVES
—> cost