1-Operations and processes Flashcards

1
Q

Operations function definition

A

part of the organization that produces products or services

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2
Q

Operations and processes definition

A

they both turn inputs into outputs, but operations are more complex.

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3
Q

SIPOC analysis

A

Supplier, Inputs, Process, Output, Customer. we can analyse it from 3 levels:
-supply network level(knows about operations)
-operations level (knows about processes)
-processes level (knows about resources)

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4
Q

Input-output transformation model

A

processes turn inputs into outputs.
Input resources can be: transforming, transformed.
Output delivers to: external or internal customers.

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5
Q

differences between product and service

A

-Intangible: not physical
-Heterogeneous: difficult to standarize due to customers
-Inseparable: production and consumtion go together
-Persistency: cannot be stored

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6
Q

Servitization and service dominant logic

A

belief that all processes deliver services.
eg: spotify, rental of cars.

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7
Q

what does an organization need to be sustainable in the long term?

A

tripple bottom line. They have to care about Profits, Planet and People.

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8
Q

Operations performance at operational level

A

speed
quality
dependability
flexibility
cost

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9
Q

operations performance at enterprise level

A

costs
revenues
investment
risk
capabilities

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10
Q

4Vs model

A

managing effectively an operation depends on the process characteristics.
-Volume
-Variety
-Variation in demand
-Visibility

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