Strategies Flashcards
1
Q
Performance objectives
A
Speed, quality, cost, customisation, flexibility, dependability
2
Q
Supply chain management
A
Logistics
E-commerce
Global sourcing
3
Q
Technology
A
Established
Leading-edge
4
Q
Inventory management
A
- Adv and dis of holding stock
- LIFO FIFO JIT
5
Q
Quality management
A
Control
Assurance
Improvement
6
Q
Overcoming resistance to change (6)
A
- financial costs
- purchasing new equipment
- redundancy payments
- retraining
- reorganising plant layout
- inertia
7
Q
Global factors (4)
A
- global sourcing
- economies of scale
- scanning and learning
- research and development
8
Q
Strategies (9)
A
- Performance objectives
- New product/service design and development
- supply chain development
- outsourcing
- technology
- inventory management
- quality management
- Overcoming resistance to change
- global factors
