operations management function Flashcards
operations management
consists of all the activities in which managers engage to produce goods and services.
tangibles
are goods, which can be touched
Kit Kat®
intangibles
includes services, which cannot be touched
Financial Advice
inputs
are resources used in process of production
Time, Money, Information, Labour, Equipment, Raw Materials
transformations
is the conversion of inputs (resources) into outputs (goods or services)
Transformation processes differ between service and product firms.
outputs
refers to the end result of an organisations efforts- the service or product that is delivered or provided to the consumer.
Kit Kat®
productivity
is a measure of efficiency - the amount of output produced compared to the amount of input required in production.
competitive scope
includes the range over which the organisation intends to compete. it may b narrow or broad
facility design and layout
involves planning the layout of workspace to streamline the production process.
Fixed Position Layout
deals with large-scale processes, such as the construction of bridges, ships, aircraft or buildings.
product layout
deals with the manufacturing of goods in mass volume using an assembly line.
Motor Vehicle Production
process layout
deals with high varieties of products by grouping activities, equipment and machinery of similar function together.
best for variety of products. Different functions becomes cells.
materials management
is the strategy that manages the use, storage and delivery of materials to ensue the right amount of inputs is available when required in the operations system.
inventory
is the goods and materials held as stock by an organisation.
materials handling
is the physical handling of goods in warehouses and at distribution points.