Week 5 - Operational Approaches
ISCOM 370 - Strategic bring home the bacon Chain Management
Operational Approaches
Operations system is concerned with setting broad policies and plans for use the resources of a firm to best support its long-term emulous strategy. A firms operations strategy is comprehensive through its integration with corporate strategy. The strategy feigns a long-term process that must(prenominal) foster inevitable miscellany. An operations strategy involves decisions that relate to the spirit of a process and the infrastructure needed to support the process. attend to design includes the selection of appropriate technology, sizing the process over time, the role of inventory in the process, and locating the process. The infrastructure decisions involve the logic associated with the think and manipulate systems, quality assurance and control approaches, work payment structures, and organization of the operations function. Operations strategy can be viewed as part of a planning process that coordinates operational goals with those of the larger organization. Since the goals of the larger organization change over time, the operations strategy must be knowing to anticipate future needs.
A firms operations capabilities can be viewed as a portfolio best suited to adapt to the ever-changing product and or service needs of the firms customers.
In the business world, organizations have to compete with companies that produce similar goods. To be successful against the competition, an organization must have a rivalrous strategy. Without a competitive strategy, the company would have a punishing time in competing successfully for the duration. The strategy of an operation is establish on how the competitive environment is changing and what the business needs to do in crop to meet the future and topical challenges. The development for a business of the operations processes and human resources has to be on a platform that would give the business a leading edge.
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