Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Needs for Trade- offs - Business Strategy
In recent years another reason for questioning the need for trade-offs has arisen. In manufacturing industries great efforts have been expended in developing process technologies, and in particular the application of computers, to create production systems capable of mass customisation. Unlike a mass production system, which produces a standard product at low cost, a mass customisation system would produce 'specials' (traditionally the province of the high-cost job shop) at similar low cost. Such a system has been developed by Levi Strauss, the jeans manufacturer, allowing customers to have their jeans made to measure.
The customer's sizes are sent electronically to the factory, where a computer-driven production system automatically produces the jeans to the specified sizes. A few days later the customer may collect the jeans. Impressive though such technology may be, it raises issues. What then to measure? Ideally, the measures chosen will relate directly to the business qualifiers and order winners. However, care is required in the choice of operations performance measures; the order winners themselves may be inappropriate. For example, consider a business which has identified low price as the prime order winner. Price is an external (market) variable, which may rise or fall for reasons other than operational performance eg in response to competitors' pricing, sales promotions, seasonal price variations, etc. It would be unreasonable to measure the week-to-week performance of operations personnel on the basis of such a variable, which can change substantially for reasons outwith their control. What is needed is an internal (operational) variable, relevant to the order winner concerned: in the case of price it might be appropriate to measure unit cost, labour productivity or equipment utilisation.
How can company use mass customization and personalization to decrease buyer power?
Structural Adjustments - Factors Affecting Productivity Improvement Structural adjustment relates to the composition of society, the industries in which people work, fashions
Define measuring the input of the employee. Measuring the input of the employee is not a purpose of Performance appraisal in modern management.
1. List the following 10 attributes in the order you consider them necessary for the role of operations manager: people skills; eye-for-detail; mathematical skill; strategic thinke
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
Advantages of Production Planning and Control 1. Higher productivity: The productivity can be improved by taking care of production methods and time. 2. Removal of Hurdles
The goal of SWOT analysis is to ________ the organization's opportunities and strengths while ________ its threats and ________ its weaknesses. (a) avoid; neutralizing; correcti
An industrial engineer has obtained the following data in connection with a time study on the lines of the Hawthorne studies taking four different elements and five
Corporate cultures within companies that successfully implement TQM typically emphasize individualism, hierarchy, accountability, and profits. True False
Stakeholder analysis is important in risk assessments for most activities is not important in risk assessments for most activities is usually undertaken at the end of the planning
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd