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Operations - Strategies (performance objectives (dependability,…
Operations - Strategies
performance objectives
dependability
flexibility
speed
customisation
quality
cost
Outsourcing
Disadvantages
Advantages
inventory management
FIFIO (first in first out)
advantages and disadvantages of holding stock
LIFO (last in first out)
JIT (just in time)
overcoming resistance to change
retraining
reorganising plant layout
redundancy
payments
purchasing new equipment
inertia
financial costs
global factors
economies of scale
scanning and learning
global sourcing
research and development
supply chain management
Logistics
e-commerce
global sourcing
Quality management
assurance
improvement
control
new product or service design and development
technology
Leading edge
Established