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Fundamentals of Operations Management BUS 3 – 140 Mr. Jess Marino Spring, 2008
Agenda ,[object Object],[object Object],[object Object],[object Object]
Introduction
Marino Background Academics Supply Chain Experience ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Positions Held Machine Operator Production Expediter Mail Room Clerk Warehouse Clerk Production Supervisor Buyer Production Controller Material Controller Stockroom Manager Production Control Manager Director of Materials Executive Director of Fulfillment Director of Supply Chain Management Director of Operations
Have conducted Business in 13 Countries, Worldwide UNITED STATES CANADA MEXICO ENGLAND SCOTLAND FRANCE HOLLAND HONG KONG CHINA TAIWAN SINGAPORE MALAYSIA THAILAND
Green Sheet Review
Student Information Sheet NAME MAJOR (and Emphasis) CURRENT JOB (Company Optional) PREVIOUS SUPPLY CHAIN JOBS / EXPERIENCE OTHER
Course Overview and Objectives ,[object Object],[object Object],[object Object],[object Object]
Student Learning Objectives for the Course ,[object Object],[object Object],[object Object]
Course Introduction
Operations is a Key Element of a Supply Chain Revenue Utilization of Assets (People, Plant, Equip) Cash Inventory BALANCING keeping Customers completely satisfied and Resources optimally utilized ……. against spending the least amount of Cash  and carrying the least amount of Inventory
Scope of this Course Customer Demand Production Scheduling Materials Mgmt Production Shipping Customer Service ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Highest Level Operations Management Process (Fig 1.2) There is a CONVERSION that takes Information, Intelligence,  Resources, and  Activities and  turns them into something VALUABLE to Customers and / or Society  Inputs Process (Transformation) Outputs Control Feedback Feedback Feedback * From Stevenson,  Operations Management , Ninth Edition, McGraw Hill Irwin
Inputs / Process / Outputs (Table 1.1) * From Stevenson,  Operations Management , Ninth Edition, McGraw Hill Irwin
Operations are managed for both Production and Services Inputs Process Outputs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Canned Vegetables PRODUCTION Inputs Process Outputs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],SERVICE Treated Patients Food processing Plant Hospital Result is TANGIBLE OUTPUT Result implies an ACT
Differences between Goods and Service (Book Table 1.3) * From Stevenson,  Operations Management , Ninth Edition, McGraw Hill Irwin
Goods and Services continuum (Fig 1.3) * From Stevenson,  Operations Management , Ninth Edition, McGraw Hill Irwin
Combination of Production and Service * Adapted from Stevenson,  Operations Management , Ninth Edition, McGraw Hill Irwin  Farmer produces & harvests wheat ($0.15) Wheat shipped to mill ($0.08) Mill produces flour ($0.15) Flour shipped to Baker ($0.08) Baker produces bread ($0.54) Bread shipped to Grocery Store ($0.08) Grocery store displays and sells bread ($0.21) $0.84 of Production $0.45 of Services $1.29 of total Cost and Profit throughout the Supply Chain
Manufacturing Jobs U.S. Manufacturing vs. Service Employment 0 10 20 30 40 50 60 70 80 90 45 50 55 60 65 70 75 80 85 90 95 00 02 05 Year Percent Mfg. Service > 70% ,[object Object],[object Object],* From Stevenson,  Operations Management , Ninth Edition, McGraw Hill Irwin
How Operations Interacts with Other Organizations
Key intersections with Sales & Marketing and with Finance FINANCE & ACCOUNTING ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key intersections with Sales & Marketing and with Finance SALES & MARKETING ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Interaction with other Functional Organizations

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Ops mgt. ppt

  • 1. Fundamentals of Operations Management BUS 3 – 140 Mr. Jess Marino Spring, 2008
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  • 5. Positions Held Machine Operator Production Expediter Mail Room Clerk Warehouse Clerk Production Supervisor Buyer Production Controller Material Controller Stockroom Manager Production Control Manager Director of Materials Executive Director of Fulfillment Director of Supply Chain Management Director of Operations
  • 6. Have conducted Business in 13 Countries, Worldwide UNITED STATES CANADA MEXICO ENGLAND SCOTLAND FRANCE HOLLAND HONG KONG CHINA TAIWAN SINGAPORE MALAYSIA THAILAND
  • 8. Student Information Sheet NAME MAJOR (and Emphasis) CURRENT JOB (Company Optional) PREVIOUS SUPPLY CHAIN JOBS / EXPERIENCE OTHER
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  • 12. Operations is a Key Element of a Supply Chain Revenue Utilization of Assets (People, Plant, Equip) Cash Inventory BALANCING keeping Customers completely satisfied and Resources optimally utilized ……. against spending the least amount of Cash and carrying the least amount of Inventory
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  • 14. Highest Level Operations Management Process (Fig 1.2) There is a CONVERSION that takes Information, Intelligence, Resources, and Activities and turns them into something VALUABLE to Customers and / or Society Inputs Process (Transformation) Outputs Control Feedback Feedback Feedback * From Stevenson, Operations Management , Ninth Edition, McGraw Hill Irwin
  • 15. Inputs / Process / Outputs (Table 1.1) * From Stevenson, Operations Management , Ninth Edition, McGraw Hill Irwin
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  • 17. Differences between Goods and Service (Book Table 1.3) * From Stevenson, Operations Management , Ninth Edition, McGraw Hill Irwin
  • 18. Goods and Services continuum (Fig 1.3) * From Stevenson, Operations Management , Ninth Edition, McGraw Hill Irwin
  • 19. Combination of Production and Service * Adapted from Stevenson, Operations Management , Ninth Edition, McGraw Hill Irwin Farmer produces & harvests wheat ($0.15) Wheat shipped to mill ($0.08) Mill produces flour ($0.15) Flour shipped to Baker ($0.08) Baker produces bread ($0.54) Bread shipped to Grocery Store ($0.08) Grocery store displays and sells bread ($0.21) $0.84 of Production $0.45 of Services $1.29 of total Cost and Profit throughout the Supply Chain
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  • 21. How Operations Interacts with Other Organizations
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  • 24. Interaction with other Functional Organizations