3.4 Flashcards
Operations
Actions taken in a business to create and deliver its products and services
Operational objectives
Costs
Quality
Speed of response
Environmental objectives
Added value
Methods of improving quality
Identify customer needs
Invest in training
Resource quality
Enhance internal communication
Quality assurance
Ensuring quality meets requirements of customers
Mass customisation
Output is tailored by the customer
Ways of matching supply to demand
Outsourcing
Temporary employees
Producing to order
Lead time
Measures time taken for process to be completed beginning to end
Influences on choice of suppliers
Price
Location
Quality
Reliability
How to utilise capacity efficiently
Forecasting
Optimal use of resources
Keep a little spare
Dependability
Quality of being trustworthy and reliable