This document discusses operations strategy and its relationship to business strategy. It defines operations strategy as a long-range plan for the operations function that specifies how resources will be used to support the overall business strategy. The document outlines how operations strategy determines the appropriate competitive priorities for an organization, such as cost, quality, time, or flexibility. It also discusses how operations strategy specifies the required structure and infrastructure of the operations system through decisions around facilities, technology, skills, and processes. Finally, the document discusses the importance of productivity and how it is measured to evaluate performance.
Tutor2u - Production, Productivity and Coststutor2u
This chapter considers some core concepts relating to production and productivity (they are not the same!) which will be useful in understanding the theory of market supply. Productivity is a measure of efficiency and changes in productivity have an important effect on the unit costs of supply. In this section we also briefly cover fixed and variable costs and the sources of some long run economies of scale which benefit bigger businesses as they expand. Specialisation is an important AS concept – be ready to apply it to the production possibility frontier for example.
noorulhadi Lecturer at Govt College of Management Sciences, noorulhadi99@yahoo.com
i have prepared these slides and still using in mylectures, Reference: Portfolio management by S kevin and onlin.
Tutor2u - Production, Productivity and Coststutor2u
This chapter considers some core concepts relating to production and productivity (they are not the same!) which will be useful in understanding the theory of market supply. Productivity is a measure of efficiency and changes in productivity have an important effect on the unit costs of supply. In this section we also briefly cover fixed and variable costs and the sources of some long run economies of scale which benefit bigger businesses as they expand. Specialisation is an important AS concept – be ready to apply it to the production possibility frontier for example.
noorulhadi Lecturer at Govt College of Management Sciences, noorulhadi99@yahoo.com
i have prepared these slides and still using in mylectures, Reference: Portfolio management by S kevin and onlin.
In this presentation, we will discuss global competitiveness, various factors affecting competitiveness, indicators for competitive status and components of competitiveness, successful case studies in global market and manufacturing technologies that enhance competitiveness, human resource and competitiveness.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
Assessment of the effect of Cost Leadership Strategy on the performance of L...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
It is case study on Samsung company in the India. The Korean company used market strategy to deliver their products to Indian customer as well as export to other nation. It learns the culture of the India, customer interest, craziness of Cricket. It sponsors the ICC tournament in the India.
Operations strategy for MBA, CA, CMA, B COM, M COM Bibek Prajapati
Product and Service Management. What good or service do we offer and what is the design of it?
Operations and Supply Chain Management. ...
Inventory Management. ...
Forecasting and Capacity Planning. ...
Operations Scheduling. ...
Management of Quality. ...
Facilities Planning and Management.Many historical milestones have shaped OM. Some of these are the Industrial Revolution, scientific management, the human relations movement, management science, and the computer age
OM is highly important function in today’s dynamic business environment. Among the trends with significant impact are just-in-time, TQM, reengineering, flexibility, time-based competition, SCM, global marketplace, and environmental issues
OM works closely with all other business functions
The operations strategy focuses on developing specific capabilities called competitive priorities.
There are four categories of competitive priorities: cost, quality, time, and flexibility
Technology can be sued by companies to gain a competitive advantage and should be acquired to support the company’s chosen competitive priorities
Productivity is a measure that indicates how efficiently an organization is using its resources
Productivity is computed as the ratio or organizational outputs divided by inputs
In this presentation, we will discuss global competitiveness, various factors affecting competitiveness, indicators for competitive status and components of competitiveness, successful case studies in global market and manufacturing technologies that enhance competitiveness, human resource and competitiveness.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
Assessment of the effect of Cost Leadership Strategy on the performance of L...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
It is case study on Samsung company in the India. The Korean company used market strategy to deliver their products to Indian customer as well as export to other nation. It learns the culture of the India, customer interest, craziness of Cricket. It sponsors the ICC tournament in the India.
Operations strategy for MBA, CA, CMA, B COM, M COM Bibek Prajapati
Product and Service Management. What good or service do we offer and what is the design of it?
Operations and Supply Chain Management. ...
Inventory Management. ...
Forecasting and Capacity Planning. ...
Operations Scheduling. ...
Management of Quality. ...
Facilities Planning and Management.Many historical milestones have shaped OM. Some of these are the Industrial Revolution, scientific management, the human relations movement, management science, and the computer age
OM is highly important function in today’s dynamic business environment. Among the trends with significant impact are just-in-time, TQM, reengineering, flexibility, time-based competition, SCM, global marketplace, and environmental issues
OM works closely with all other business functions
The operations strategy focuses on developing specific capabilities called competitive priorities.
There are four categories of competitive priorities: cost, quality, time, and flexibility
Technology can be sued by companies to gain a competitive advantage and should be acquired to support the company’s chosen competitive priorities
Productivity is a measure that indicates how efficiently an organization is using its resources
Productivity is computed as the ratio or organizational outputs divided by inputs
Bba501 & production and operations managementsmumbahelp
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6.18.2013 - 2013 - Prj & Port Mgmt SftDev - Portfolio Management - For the ...IBM Rational
Webcast Series: Project and Portfolio Management Software Development
Title: 2013 - Prj & Port Mgmt SftDev - Portfolio Management - For the Manager - Making Good Decisions
Date: 6-18-2013
Presenter: Chris Wolters
the global environment and operations strategy Operation managementgharaibeh g
Operation management the global environment and operations strategy the global environment and operations strategy Operation management the global environment and operations strategy Operation management the global environment and operations strategy Operation management
Presentation from #JulianaHsuan and #ThomasFrandsenfrom the event Four Drivers For Competitiveness or in Danish: Fire bud på de næste vækstbølger which took place at Copenhagen Business School on 22 April. bitly.com/CBSVækstbølger
blog.cbs.dk/servitization
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdfKamal Acharya
The College Bus Management system is completely developed by Visual Basic .NET Version. The application is connect with most secured database language MS SQL Server. The application is develop by using best combination of front-end and back-end languages. The application is totally design like flat user interface. This flat user interface is more attractive user interface in 2017. The application is gives more important to the system functionality. The application is to manage the student’s details, driver’s details, bus details, bus route details, bus fees details and more. The application has only one unit for admin. The admin can manage the entire application. The admin can login into the application by using username and password of the admin. The application is develop for big and small colleges. It is more user friendly for non-computer person. Even they can easily learn how to manage the application within hours. The application is more secure by the admin. The system will give an effective output for the VB.Net and SQL Server given as input to the system. The compiled java program given as input to the system, after scanning the program will generate different reports. The application generates the report for users. The admin can view and download the report of the data. The application deliver the excel format reports. Because, excel formatted reports is very easy to understand the income and expense of the college bus. This application is mainly develop for windows operating system users. In 2017, 73% of people enterprises are using windows operating system. So the application will easily install for all the windows operating system users. The application-developed size is very low. The application consumes very low space in disk. Therefore, the user can allocate very minimum local disk space for this application.
Cosmetic shop management system project report.pdfKamal Acharya
Buying new cosmetic products is difficult. It can even be scary for those who have sensitive skin and are prone to skin trouble. The information needed to alleviate this problem is on the back of each product, but it's thought to interpret those ingredient lists unless you have a background in chemistry.
Instead of buying and hoping for the best, we can use data science to help us predict which products may be good fits for us. It includes various function programs to do the above mentioned tasks.
Data file handling has been effectively used in the program.
The automated cosmetic shop management system should deal with the automation of general workflow and administration process of the shop. The main processes of the system focus on customer's request where the system is able to search the most appropriate products and deliver it to the customers. It should help the employees to quickly identify the list of cosmetic product that have reached the minimum quantity and also keep a track of expired date for each cosmetic product. It should help the employees to find the rack number in which the product is placed.It is also Faster and more efficient way.
Student information management system project report ii.pdfKamal Acharya
Our project explains about the student management. This project mainly explains the various actions related to student details. This project shows some ease in adding, editing and deleting the student details. It also provides a less time consuming process for viewing, adding, editing and deleting the marks of the students.
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptxR&R Consult
CFD analysis is incredibly effective at solving mysteries and improving the performance of complex systems!
Here's a great example: At a large natural gas-fired power plant, where they use waste heat to generate steam and energy, they were puzzled that their boiler wasn't producing as much steam as expected.
R&R and Tetra Engineering Group Inc. were asked to solve the issue with reduced steam production.
An inspection had shown that a significant amount of hot flue gas was bypassing the boiler tubes, where the heat was supposed to be transferred.
R&R Consult conducted a CFD analysis, which revealed that 6.3% of the flue gas was bypassing the boiler tubes without transferring heat. The analysis also showed that the flue gas was instead being directed along the sides of the boiler and between the modules that were supposed to capture the heat. This was the cause of the reduced performance.
Based on our results, Tetra Engineering installed covering plates to reduce the bypass flow. This improved the boiler's performance and increased electricity production.
It is always satisfying when we can help solve complex challenges like this. Do your systems also need a check-up or optimization? Give us a call!
Work done in cooperation with James Malloy and David Moelling from Tetra Engineering.
More examples of our work https://www.r-r-consult.dk/en/cases-en/
Vaccine management system project report documentation..pdfKamal Acharya
The Division of Vaccine and Immunization is facing increasing difficulty monitoring vaccines and other commodities distribution once they have been distributed from the national stores. With the introduction of new vaccines, more challenges have been anticipated with this additions posing serious threat to the already over strained vaccine supply chain system in Kenya.
Sachpazis:Terzaghi Bearing Capacity Estimation in simple terms with Calculati...Dr.Costas Sachpazis
Terzaghi's soil bearing capacity theory, developed by Karl Terzaghi, is a fundamental principle in geotechnical engineering used to determine the bearing capacity of shallow foundations. This theory provides a method to calculate the ultimate bearing capacity of soil, which is the maximum load per unit area that the soil can support without undergoing shear failure. The Calculation HTML Code included.
Overview of the fundamental roles in Hydropower generation and the components involved in wider Electrical Engineering.
This paper presents the design and construction of hydroelectric dams from the hydrologist’s survey of the valley before construction, all aspects and involved disciplines, fluid dynamics, structural engineering, generation and mains frequency regulation to the very transmission of power through the network in the United Kingdom.
Author: Robbie Edward Sayers
Collaborators and co editors: Charlie Sims and Connor Healey.
(C) 2024 Robbie E. Sayers
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
About
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
• Remote control: Parallel or serial interface.
• Compatible with MAFI CCR system.
• Compatible with IDM8000 CCR.
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
• Easy in configuration using DIP switches.
Technical Specifications
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
Key Features
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
• Remote control: Parallel or serial interface
• Compatible with MAFI CCR system
• Copatiable with IDM8000 CCR
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
Application
• Remote control: Parallel or serial interface.
• Compatible with MAFI CCR system.
• Compatible with IDM8000 CCR.
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
• Easy in configuration using DIP switches.
1. Operations Management
Lect. 2 “Operations Strategy”
1
Dr: Aly Hassan Elbatran
Head of Mechanical Engineering
Faculty of Engineering, Arab Academy for Science
and Technology and Maritime Transport, Egypt
2. Business Strategy and Operations Strategy
2
Business strategy
A long-range plan for a
business.
Operations strategy
A long-range plan for the
operations function that
specifies the design and use
of resources to support the
business strategy.
https://granthigginson.com/develop-a-digital-business-strategy/
https://www.datalabsindia
3. Business Strategy and Operations Strategy
3
Examples
United Airlines, which has a strategy to compete on cost. United offers low-cost
services aimed at price-sensitive customers. To support this strategy, every aspect
of United Airline’s operation is focused on cutting costs out of the system.
4. Business Strategy and Operations Strategy
4
Examples
Singapore Airlines, which has a strategy to compete on service. To support
this strategy the airline offers free drinks, complimentary headsets, meals
prepared by gourmet chefs, comfortable cabins, and even the biggest bed in
business class, called the “spacebed.
5. Role of Operations Strategy
5
Providing a plan to make best use of
organization's resources;
Specifies the policies and plans for using
organizational resources.
Supports long-term competitive Business
Strategy.
6. Importance of Operations Strategy
6
Business Strategy
Long Range Plan for organization
Marketing Strategy
“Defines marketing plan to support
business strategy”
Operations Strategy
“Develops operations plan to support
business strategy”
Finance Strategy
“Develops finance plan to support
business strategy”
7. 7
Importance of Operations Strategy
In 1970s and 1980s, Japanese companies began offering products of
highest quality at lower cost.
U.S. companies lost market share to their Japanese counterparts.
many U.S. companies copied Japanese approaches. Unfortunately,
merely copying these approaches.
often proved unsuccessful; it took time to really understand the
Japanese approaches.
It became clear that Japanese companies were more competitive
because of their operations strategy; that is, all their resources were
specifically designed to directly support the company’s overall
strategic plan.
Historical Introduction
8. 8
Importance of Operations Strategy
Differences between operational efficiency and strategy
Companies often do not understand the differences
between operational efficiency and strategy. “professor
Michael Porter”
Operational efficiency is performing tasks well, even
better than competitors
Strategy is a plan for competing in the marketplace
Operations strategy ensures all tasks performed are the
right tasks.
9. Business Strategy Development
9
Mission
• What business in the company
Environmental Scanning
• Analyze and understand the
market
Core competencies
Considering three factors and strategic decisions:
• Identify the company strengths
10. 10
Business strategy
A long-range plan for a
business.
Mission
A statement defining
what business an
organization is in,
who its customers
are, and how its core
beliefs shape its
business.
Environmental
scanning
Monitoring the
external environment
for changes and
trends to determine
business
opportunities and
threats.
Core
Competencies
Unique Strengths
that can help us win
in the market
Business Strategy Development
11. 11
Mission:
Dell Computer Corporation: “to be the most successful
computer company in the world”
Delta Air Lines: “worldwide airlines choice”
IBM: “translate advanced technologies into values for our
customers as the world’s largest information service company”
Environmental Scanning: political trends, social trends, economic
trends, market place trends, global trends
Core Competencies: strength of workers, modern facilities, market
understanding, best technologies, financial know-how, logistics
Business Strategy Development
12. DEVELOPING AN OPERATIONS STRATEGY
12
operations strategy must be formulated after business
strategy has been developed.
The operations strategy focuses on specific
capabilities of the operation that give the company a
competitive edge.
These capabilities are called competitive priorities.
14. Competitive Priorities (Cost)
14
A competitive priority focusing on low cost.
Competing based on cost means offering a product at
a low price relative to the prices of competing
products.
Typically high volume products
Often limit product range & offer little customization
May invest in automation to reduce unit costs
Can use lower skill labor
Probably uses product focused layouts
Low cost does not mean low quality
15. Competitive Priorities (Quality)
15
Quality is often subjective, Depending on who is defining it.
Two major quality dimensions include
High performance design:
Superior features, high durability, & excellent customer service
Product and service consistency:
Meets design specifications
Close tolerances
Error free delivery
“McDonald’s, we can get the same product every time at any location”
Quality needs to address
Product design quality – product/service meets requirements
Process quality – error free products
16. Competitive Priorities (Time)
16
Time/speed one of most important competition priorities
First that can deliver often wins the race
Time related issues involve
Rapid delivery:
Focused on shorter time between order placement and delivery
On-time delivery:
Deliver product exactly when needed every time
FedEx Corporation
www.federalexpress.com
17. Competitive Priorities (Flexibility)
17
A competitive priority focusing on offering a wide variety of goods or
services.
Company environment changes rapidly
Company must accommodate change by being flexible
Product flexibility:
Easily switch production from one item to another
Easily customize product/service to meet specific requirements
of a customer
Volume flexibility:
Ability to ramp production up and down to match market
demands
18. Examples
18
Dell competes on all four
priorities
Air Asia Airlines
competes on cost
McDonald’s competes on
consistency
FedEx competes on
speed
Custom tailors compete
on flexibility
19. Trade off
19
The need to focus more on one competitive priority than on others.
Decisions must emphasize priorities that support
business strategy
Decisions often required trade offs
Decisions must focus on order qualifiers and order
winners
Which priorities are “Order Qualifiers”?
Must have excellent quality since everyone
expects it
20. Competitive Priorities for Production
Requirements
20
The operations strategy will specify the design and use of the organization’s
resources; that is, it will set specific operations requirements
Structure:- Operations decisions related to the design of the production
process, such as characteristics of facilities used, selection of appropriate
technology, and flow of goods and services through the facility.
Infrastructure:- Operations decisions related to the planning and control
systems of the operation, such as organization of the operations function,
skills and pay of workers, and quality control approaches.
21. Example:- structure & infrastructure
21
Dell Computer example – structure & infrastructure
They focus on customer service, cost, and speed
ERP system developed to allow customers to order directly
from Dell
Product design and assembly line allow “make to order”
strategy – lowers costs, increases turns
Suppliers ship components to a warehouse within 15 minutes
of the assembly plant - VMI
Dell set up a shipping arrangement with United Parcel Service
(UPS)
22. Role of Technology
22
Technology can be acquired to improve processes and maintain
up-to-date standards.
Technology can also be used to gain a competitive advantage.
Technology should support competitive priorities
Three Applications: product technology, process technology,
and information technology
Products:- Teflon, CD’s, fiber optic cable, smart cabinets
Processes :- flexible automation, CAD/CAM
Information Technology (communication, processing, and
storage of information. – POS, EDI, ERP, B2B
23. 23
Technology should:
Support competitive priorities
Can require change to strategic plans
Can require change to operations strategy
Technology is an important strategic decision
Role of Technology
24. Productivity
24
Productivity is used to measure performance.
Productivity is defined as outputs / inputs.
Productivity is increased when the same
quantity of inputs results in more outputs, or
when using fewer inputs to produce the same
output quantity.
25. 25
Productivity rate
Total Productivity=
𝑶𝒖𝒕𝒑𝒖𝒕 𝒑𝒓𝒐𝒅𝒖𝒄𝒆𝒅
𝒂𝒍𝒍 𝒊𝒏𝒑𝒖𝒕𝒔
Partial Productivity=
𝑶𝒖𝒕𝒑𝒖𝒕
𝑳𝒂𝒃𝒐𝒓
or
𝑶𝒖𝒕𝒑𝒖𝒕
𝑴𝒂𝒄𝒉𝒊𝒏𝒆𝒔
or
𝑶𝒖𝒕𝒑𝒖𝒕
𝑴𝒂𝒕𝒆𝒓𝒊𝒂𝒍𝒔
Multifactor Productivity=
𝑶𝒖𝒕𝒑𝒖𝒕
𝑳𝒂𝒃𝒐𝒓+𝑴𝒂𝒄𝒉𝒊𝒏𝒆𝒔
or
=
𝑶𝒖𝒕𝒑𝒖𝒕
𝑳𝒂𝒃𝒐𝒓+𝑪𝒂𝒑𝒊𝒕𝒂𝒍
=
𝑶𝒖𝒕𝒑𝒖𝒕
𝑳𝒂𝒃𝒐𝒓+𝑴𝒂𝒕𝒆𝒓𝒊𝒂𝒍𝒔+𝒆𝒏𝒆𝒓𝒈𝒚
26. 26
Productivity Examples
A company produce $16,000 worth of goods and weekly value of
all inputs ( labor, materials, and other cost) is $12000, to
calculate partial factor productivity :
Total Productivity=
$16,000
$12000
= 1.333
27. 27
Productivity Examples
A company $100,000 worth of goods in 1600 hours, to calculate the labor
productivity :
Partial Productivity=
$100,000
1600
= $62.5 𝑝𝑒𝑟 𝑤𝑜𝑟𝑘𝑖𝑛𝑔 ℎ𝑜𝑢𝑟
A company has staff of 10 who is working 8 hours/day, the company produce
20 units/day, Calculate productivity/hr :
Partial Productivity=
20
10∗8
= 0.25 𝑢𝑛𝑖𝑡𝑠 𝑝𝑒𝑟 𝑤𝑜𝑟𝑘𝑖𝑛𝑔 ℎ𝑜𝑢𝑟