1 / 21

OPERATIONS MANAGEMENT (OM)

OPERATIONS MANAGEMENT (OM). Definition:. Management of any activity in which input (resources) are transformed into output (goods or services). Customers. Create value. Create value. Company. Competitors. The Strategic Triangle. EXTERNAL. INTERNAL. CUSTOMER. A Customer Focus.

Download Presentation

OPERATIONS MANAGEMENT (OM)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. OPERATIONS MANAGEMENT (OM)

  2. Definition: • Management of any activity in which input (resources) are transformed into output (goods or services)

  3. Customers Create value Create value Company Competitors The Strategic Triangle

  4. EXTERNAL INTERNAL CUSTOMER A Customer Focus

  5. Get to know customer & competition Cut work process Cut setup & changeover times Produce & deliver at customer’s use rate Cut number of suppliers to few good ones Cut number of components in a product or service Produce easy to make product without error the first time Convert multipath flows to single-channel lanes Arrange workplace Principles of OM

  6. Cross-train for multiple skills Record & retain volume, quality & problem data at workplace Maintain & improve present equipment & human work before thinking a new one Look for cheap & simple equipment Suggest automation when higher quality can be achieved in no other way Continue…..

  7. Continue…. • Seek to have plural rather than singular workstations, machines, cells, and flow lines for each product, service or customer • Become dedicated to continuous, rapid improvement

  8. Managing Operations Resources • Facilities • Capacity • Process/tech choice • Manufacturing Planning and control system (MPC)

  9. Continue…. • Facilities- choices for services - location and design • Capacity - how much to produce or how much client to serve • Process/technology choice “How will the product be made?” “How will the service be provided?”

  10. Continue….. • Manufacturing planning and control systems (MPC) enable the company to move materials through the operation and schedule so that it satisfies customer needs at a minimal cost

  11. Powerful Tools for Modern Operations • Total Quality Management • Just-in-time operations • Lean manufacturing • Computer-integrated Manufacturing • Flexible factories • Mass customization • Logistics • Time-based competition • Reengineering

  12. Total Quality Management • is a way of managing in which everyone iscommitted to continuous improvement of their part of the operation • is a comprehensive approach to improvingproduct quality and thereby customer satisfaction • ISO 9000 • “bias of quality

  13. Just-in-time operations • Calls for subassemblies and components to be manufactured in very small lots and delivered to the next stage in the process precisely at the time needed • “give when needed only”-eliminate waste, reduce cost

  14. Lean Manufacturing • An operation that is both efficient and effective • It strives to achieve the highest possible productivity and total quality, cost effectively, by eliminating unnecessary steps in the production process and continually striving for improvement

  15. Computer-integrated manufacturing (CIM) • Encompasses a host of computerized production efforts • Computerized process technologies

  16. Flexible Factories • Provide more production options and greater variety of products

  17. Mass Customization • Production of varied, individually customized products at the low cost of standardized, mass-produced products • products manufactured to match each customer’s taste, specifications and budget • Eg. Levi, Hallmark

  18. Logistic • Movement of products from the organization to its customers • Objective - to deliver the right goods in the rightamount to the right place at the right time • Why is logistics so important?

  19. Time-Based Competition • Refers to strategies aimed at reducing the total time it takes to deliver the product or service JIT+ Logistic reduce speed up manufacturing delivery time

  20. Reengineering • Process innovation or core process redesign • Redesign how the working process/task is done

  21. BEST OF LUCK

More Related