Operations syllabus A Flashcards
global factors – global sourcing, economies of scale, scanning and learning, research and development
operations strategies
strategic role of operations management – cost leadership, good/service differentiation
role of operations management
globalisation, technology, quality expectations, cost-based competition, government policies, legal regulation, environmental sustainability
influences
quality management – control – assurance – improvement
operations strategies
new product or service design and development
operations strategies
goods and/or services in different industries
role of operations management
corporate social responsibility – the difference between legal compliance and ethical responsibility – environmental sustainability and social responsibility
influences
interdependence with other key business functions
role of operations management
technology – leading edge, established
operations strategies
overcoming resistance to change – financial costs, purchasing new equipment, redundancy payments, retraining, reorganising plant layout, inertia
operations strategies
outputs – customer service – warranties
operations processes
inventory management – advantages and disadvantages of holding stock, LIFO (last-in- first-out), FIFO (first-in-first-out), JIT (just-in-time)
operations strategies
outsourcing – advantages and disadvantages
operations strategies
performance objectives – quality, speed, dependability, flexibility, customisation, cost
operations strategies
supply chain management – logistics, e-commerce, global sourcing
operations strategies