Ch 2 Flashcards

1
Q

What does a planned operations strategy consist of?

A

Mission, objectives, strategic decisions, and distinctive competence

-Must be tightly integrated with one another and other functions

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2
Q

Should be aligned with the business strategy

A

Operations Mission

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3
Q

Possible missions for operations include

A

low cost, fast new product introduction, fast delivery or best quality

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4
Q

Objectives of operations

A

Cost, Quality, Delivery, Flexibility, and Sustainability

-One of the objectives should be awarded as order winner, the others are order qualifiers

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5
Q

Operations strategic decisions indicate

A

How operations objectives will be achieved.

-Strategic decisions can be developed for each of the major decision areas (process, quality, systems, capacity, inventory, and supply chain)

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6
Q

Linked to the business strategy and other functional strategies, leading to a consistent pattern of decisions, unique capability, and competitive advantage

A

Operations and supply chain strategy

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7
Q

Distinctive competence of Operations

A

Should support the mission and differentiate operations from its competitors

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8
Q

Possible distinctive compentencies

A

Proprietary technology, embedded organization culture, and any innovation in operations that cannot be copied easily

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9
Q

In many situations, the basis of competition is not the firm, but the

A

Entire supply chain

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10
Q

Supply chain strategy is an extension of

A

Operations strategy that considers not only the firm, but also the strategies and capabilties of its supply chain partners

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11
Q

Sustainable operations should be approached by

A

**Critical objective and strategy

Forming cross-functional teams that includes suppliers.

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12
Q

Path of action for sustainable operations

A

Measuring and reducing the environmental, social, and economic impact in all phases of the design, operations, and distribution

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13
Q

Is there one best strategy for all operations and their supply chains?

A

No

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14
Q

The mission, objectives, strategic decisions, and distinctive competence, depend on

A

Whether a low cost or differentiation, or another strategy is being pursued by the business

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15
Q

The scope of operations and supply chain strategy has expanded to

A

A global basis, particularly for businesses pursuing a global business strategy

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