Please enable JavaScript.
Coggle requires JavaScript to display documents.
Higher Business - Unit 2 : Operations - Coggle Diagram
Higher Business - Unit 2 : Operations
Key Terms
Logistics
the process of moving and managing inventory across the entire operations process
Stock Checking
the process of ensuring that inventory recorded matches the actual inventory
Types of Production
Job
Batch
Flow
Raw materials
Works in progress
Finished product
Inventory Management
Just In Time (JIT)
A business holds no stock and instead relies upon deliveries exactly when they are needed
Advantages:
good way to stop heaps of stock going to waste if perisable
could save money
more space becomes avaliable
Disadvantages:
supplier may not be able to make the delivery on time
production stops if supplier doesn't come in time
unproductive time
Warehousing
Central
when a company chooses one central location to store all the stock for the organisation, this will then be distributed to departments as required.
Decentral
each department within the organisation is responsible for ordering and storing their own stock
Factors:
Security
Stock rotation
Accessability
Quality
quality standards and symbols
ISO
BSI
Quality Control
raw materials are checked at the start and the finished products are checked at the end, products not up to standard are either sent for fixing or discarded.
Quality Assurance
every stage of the production process involves a quality check, therefore all stages of production are responsible for delivering quality.
Quality Management
the continual improvement of processes and systems
Total Quality Management
getting it right the first time with zero defects
Ethics
moral guidelines that regulate good behaviour
Fairtrade
