Please enable JavaScript.
Coggle requires JavaScript to display documents.
STRATEGIES (Operations (Technology - leading edge, established, Inventory…
STRATEGIES
Operations
Technology - leading edge, established
Inventory Management- advantaged and disadvantages of holding stock, LIFO (Last in first out), FIFO (First In first out, JIT (Just in time)
-
Quality Management - Control, assurance, improvemnt
Supply Chain Management - Logistics, e-commerce global sourcing
Overcoming Resistance to change- financial costs, purchasing new equipment redundancy payments, retraining, reorganising plant layout, inertia
-
Global factors - Global sourcing, economics of sale, Scanning and learning, research and development
Performance Objectives - Quality, speed, Dependability, flexibility, customization, cost
Marketing
Price Including Pricing Methods - cost, market, competition based
Pricing Strategies - skimming, penetration, loss leaders, price points
-
-
Market Segmentation, Product/service differentiation
Promotion
The communication Process - Opinion leaders, word of mouth
Elements of the promotion mix - advertising, personal selling and relationship marketing, sales promotions, publicity and public relations
Place/Distribution
-
Channel Choice - insensitive, selective, exclusive
Physical Distribution issues - Transport, warehousing, inventory
people, Processes and physical evidence
-
-
Human Resources
-
-
Recruitment - Internal or External, General or Specific Skills
Rewards -Monetary and Non-monetary, individual or group, performance pay
-
Global - Costs, skills, supply
-
Workplace Disputes
Resolution- negotiation, mediation, grievance procedures, involvement of courts and tribunals
Financial
-
Profitability Management
Cost Controls - Fixed and variable, cost centers, expense minimization
-
Cash Flow Management
-
Distribution of Payments, discounts for early payment, Factoring
-