Businesses compete using operations and more importantly their operational strategy. This article discusses strategy and operations planning.
Product and Service Design Considerations
- Quick response
- Inventory management
- Supply chain management
- Managers and workers
Environmental scanning is a task that one must do before they are able to effectively plan operations strategy.
Order Winners & Qualifiers
Characteristics that customers perceive as minimum standards of acceptability to be considered as a potential purchase
Characteristics of an organization’s goods or services that cause it to be perceived as better.
Distinctive Core cCompetencies
The special attributes or abilities that give an organization a competitive edge. To be effective, the core competencies and strategies need to be aligned to compliment one another.
Types of Strategy for business Operations
Agile operations is a strategic approach for competitive advantage that emphasizes the use of flexibility to adapt and prosper in an environment of change.
Involves the blending of several core competencies:
Measuring productivity and operational performance is a must for any successful business.