Operations Strategy Notes: Definitions & Explanations PDF | Download eBooks
Study Operations Strategy lecture notes PDF with supply chain management definitions and explanation to study “What is Operations Strategy?”. Study operations strategy explanation with SCM terms to review supply chain management course for online MBA programs.
Operations Strategy Definition:
Overall direction and contribution of the operation's function with the business; the way in which market requirements and operations resource capabilities are reconciled within the operation.
Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston
Operations Strategy Notes:
A capacity is the capacity of a tasks asset to play out a specific action. A tasks asset can have more than one capacity relegated to it, and an ability can be doled out to more than one asset. You can incidentally dole out capacities to assets by characterizing a begin date and lapse date on the ability task. At the point when the capacity for an asset lapses, the asset can't be booked for a task or a generation that necessitates that ability. An ability that has terminated can be restored. You can erase abilities, gave that they aren't on a course connection or on part of a creation course of a functioning generation request. As a rule, be cautious when you erase capacities. Rather, consider modifying the termination date on the assets that have the capacity. Abilities can be allotted to a wide range of assets: device, seller, machine, area, office, or human asset.
Keep Learning with Supply Chain Management Notes
What is Supply Chain Operations Reference (SCOR) model?
The production network tasks reference model is an administration apparatus used to address, improve, and convey store network the board ...
What is Drop shipping?
Outsourcing is a store network the board strategy where the retailer does not keep merchandise in stock but rather moves ...
What is E-procurement?
Electronic acquisition, otherwise called e-obtainment, is the business-to-business demanding, requesting and acquiring of products and ventures over the web. An ...
What is Product decision?
Product decisions are considered as the crucial and very difficult because products are the epitome of the planning process. Organizations ...
What is Coefficient of determination?
In statistical analysis the coefficient of correlation is used to measure how well the model explains and predict the outcomes ...
What is Product focus?
Item center is a way to deal with business that characterizes technique, tasks and measurements as far as items. This ...