Chapter 14 Flashcards
Business structure
-Strategic intent
-Business strategy execution
-operations
-business system
The organizations Value Chain
Value Chain Concept
-Micheal Porter (1985)
-Value maximizations
Value Chain analysis
-Inbound logistics
-operations
-outbound logistics
-marketing and sales
-costumer service
Secondary activities
HR, Technology, Financial
Operation cycle
-What is the strategy?
-How are we going to execute the strategy?
-Make required operational changes
-manage the process for desired performance
DICE
Define
Identify
Create
Execute
Facility design layout
Key decisions in facility design
-capacity
-plant
-facility
-retail locations
-warehousing
-storage
capacity
The maximum amount of numbers that can be produced
Supply chain management
- suppliers
-transportation and logistics
-distributor
-retailers
-customers
Information-based operational analytics
-unlock
-predict
-optimize
-validate