Operations strategy

Views:
 
Category: Education
     
 

Presentation Description

Operations Strategy as a competitive weapon

Comments

Presentation Transcript

Slide 1: 

As a competitive weapon Elements Developing an operation strategy Presented by K.Senthilkumar Operations strategy

As a competitive weapon : 

As a competitive weapon Shorter product cycle Production flexibility Low cost process Convenience and location Product variety and facility size Quality

Elements of operations strategy : 

Elements of operations strategy Designing the production system Product/ service design and development Technology selection and product development Allocation of resources to strategic alternatives Facility planning

Designing the production system : 

Designing the production system Customized product design Standard product design Production systems Product focused system Standardized product mass production eg Cars television mfg Process focused system highly flexible customized product

Designing the production system : 

Designing the production system Finished goods inventory policy Produce to stock policy General applicants, Seasonal demand products and Components Produce to order policy High value and specific purpose products

Product/ service design and development : 

Product/ service design and development Startup Rapid growth Maturation Commodity Or decline

Development of new products Idea generation Feasibility studies Prototype design Prototype testing Initial design of production model Economic evaluation Market testing Final design of production model : 

Product/ service design and development Development of new products Idea generation Feasibility studies Prototype design Prototype testing Initial design of production model Economic evaluation Market testing Final design of production model

Technology selection and process development : 

Technology selection and process development Planning of production process and facilities Technology selection Sequence of operations

Allocation of resources & strategic alternatives : 

Allocation of resources & strategic alternatives Planning of required resources Ways and means of obtaining resources Optimal use of resources Minimizing wastages

Facility planning : 

Facility planning Location planning Massive initial investment Capacity expansion plans Lay out decisions Amenities analyze

Developing operations strategy : 

Developing operations strategy Corporate objectives Business strategies Operation objectives Operation Business plan Marketing plan Production plan Other plans Functional areas Operations Marketing Finance/accounting Engineering Others Strengths and weakness

Slide 12: 

Operations Long range decisions about product process Positioning the production system Focus of factories/service facilities Product/ service development Technology selection And process development Allocation of resources to alternatives Facility planni9ng

Slide 13: 

Thankyou