Trade off between delivery and flexibility, Operation Management

Assignment Help:

Trade off Between Delivery and Flexibility

Pagell et al (2000) argue that the trade-off concept is based on Skinner's quandary that a manufacturing plant could not be configured to perform equally well on all dimensions such as cost, delivery and quality simultaneously (Skinner, 1969, 1974). Skinner coined the term 'focused factory' meaning that the market, the competitive criteria and the technology should be aligned, consistent and focused. Since Skinner's time, the pressure for mass customisation has meant that there is considerable pressure on companies to improve along multiple dimensions simultaneously. While this may make business sense, trade-offs may still exist. This is illustrated in the two figures below. In figure (a), the traditional approach of movement along the performance curve is seen as the only degree of freedom and a company moves its position up and down the performance curve between, for example, A1 and A2. In figure (b), showing the current approach, the performance curve itself is moved. (That is, for example, the points A1, B1, C1 may shift to the positions A2, B2, C2, representing the movement of the performance of a company.)

843_Trade off Between Delivery and Flexibility.png


Related Discussions:- Trade off between delivery and flexibility

Explain how is crisis leadership different from leading, How is crisis lead...

How is crisis leadership different from leading under normal circumstances? If leaders wanted to fine-tune their crisis leadership styles, how would you suggest they practice witho

Major concerns confronting thomas regarding the management, Analyze the thr...

Analyze the three primary concerns confronting Thomas regarding the management of this project. Suggest a method of addressing each of the three concerns

Explain what is the horizon value, Current and projected cash flows for Ran...

Current and projected cash flows for Randell Global Operatons are shown below. Growth is expected to be constant after 2012, and the weighted average cost of capital is 11%. What i

Argument for application of methods of scientific management, 1. What are t...

1. What are the arguments for and against the application of the methods of scientific management? Answer: The main argument against scientific management is that in de-skilling

Explain what is a marketing plan, What is a marketing plan? Why is it impor...

What is a marketing plan? Why is it important for firms to develop their product/service marketing plan in writing? What are the essential components of a well-balanced marketing p

Mass Production and Continuous Flow Manufacturing, Mass Production and Cont...

Mass Production and Continuous Flow Manufacturing  Continuous systems lie at the other extreme, where demand for a single product is sufficiently high to warrant the installa

Japanese firms used the which concept, Q All of the following are responsib...

Q All of the following are responsibilities of operations managers except Question options: 1) acquiring financial resources 2) managing inventories 3) planning production 4) sched

Explain for bill what an enterprise resource planning, Describe for Bill wh...

Describe for Bill what an Enterprise Resource Planning (ERP) solution would look like for his UMUC Pizza business and how his business could benefit from implementing an ERP soluti

Explain why is forecasting important for an organization, Why is forecastin...

Why is forecasting important for an organization? Which company do you believe to be successful at forecasting and why?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd