3.3 Operations management

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116 Terms

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Operations management

is the planning, organizing, and oversight of business practices that maximizes efficiency and assure company processes are driving value

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Organizing, planning, and oversight of business practices

Operations management is the _________, __________, and ______________________________________ that maximizes efficiency and assure company processes are driving value

3
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Operation management

it maximizes efficiency and assure company processes are driving value

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Efficiency

Operations management maximizes __________

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Driving value

Operations management is the planning, organizing, and oversight of business practices that maximizes efficiency and assure company processes are ___________

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Company processes

Operations management is the planning, organizing, and oversight of business practices that maximizes efficiency and assure ___________ are driving value

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Operations management

It involves preparing and supervising the practices that turn resources (input), such as labor, equipment, and raw materials, into goods and services (output)

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Labor, equipment, and raw materials

what are examples of inputs

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Inputs

Labor, equipment, and raw materials

a. Input

b. Output

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Goods and services

what are examples of outputs

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Outputs

Goods and services

a. Input

b. Output

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Chief operating officer

is a senior executive tasked with overseeing the day-to-day administrative and operational functions of a business.

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Day-to-day administrative and operational functions

A COO ) is a senior executive

tasked with overseeing the ___________________________________ of a business.

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Product, design and Development

Planning and Management of manufacturing facilities

Purchasing procurement

Forecasting

Capacity planning

Inventory management

Quality control

Delivery to customers

what are the 8 operations management functions

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Cooperating with other departments

Product design

Forecasting

Delivery management

Supply chain management

Process improvement and optimization

what are the general responsibilities of an operations manager

16
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Phase 1: Planning operation systems

Phase 2: Planning operations, inventory and quality control

Phase 3: Managing productivity

what are the phases of the operation systems

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3 phases

how many phases are there in operation system

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Product/service planning

Capacity planning

Facilities and Layout planning

Job and Work design

Workflow management

what are the stages of planning operation systems

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Product Service planning

Stage that plan products or services to meet your customers' needs

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Product/Service planning

Identify the needs of the different groups of customers and how those needs can be met with certain products and services

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Product/Service planning

. Identify how the new product or service should be best provided to your target markets.

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Product/service planning

Identify your key competitors and your potential allies or collaborators.

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Product/Service planning

Suggest the best pricing terms for the product or service

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Product/Service planning

Suggest how best to promote products or services to the different groups of customers

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Product/service planning

Conducts a feasibility study on the prototype of the product

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Feasibility study

In product/service planning, they conduct _______________ on the prototype product

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Capacity planning

This involves specifying how many products or how much service will be manufactured or delivered and how often.

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Capacity planning

stage where they hire an expert who knows all about developing product or service, to predict and forecast the demand on these products or service.

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Capacity planning

it is when forecasting happens

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Capacity planning

Estimate the inputs needed to manufacture the product or deliver the service like: (a) type of materials to use (b) kind of expertise required (c) technologies needed, (d) equipment (e) workforce

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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type of materials to use

kind of expertise required

technologies needed,

equipment

Workforce

Capacity planning estimates the inputs needed to manufacture the product or deliver the service like what

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Facilities and layout planning

they facilitate the activities necessary for manufacturing a product or delivering a service.

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Facilities and layout planning

are one of the most expensive inputs needed

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Job and Work design

it entails making an arrangement in the workplace that helps employees overcome job dissatisfaction or alienation caused by mechanical and repetitive tasks

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Job dissatisfaction or alienation

Job and Work design entails making an arrangement in the workplace that helps employees overcome_______________ or ____________ caused by mechanical and repetitive tasks

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Mechanical and repetitive tasks

Job and Work design entails making an arrangement in the that helps employees overcome job dissatisfaction or alienation caused by ___________l and _______________

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Workflow management

it involves

1. mapping out workflow within a given process,

2. finding redundant tasks,

3. automating the process, and

4. identifying challenges and areas for improvement.

a. Product/service planning

b. Capacity planning

c. Facilities and Layout planning

d. Job and Work design

e. Workflow management

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Input - process - output - outcomes

what is the workflow diagram or map/operations management process map

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1. mapping out workflow within a given process,

2. finding redundant tasks,

3. automating the process, and

4. identifying challenges and areas for improvement

workflow management involves what (4)

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Product planning

Scheduling

Supply chain management

Inventory management

Service design

Quality control

what stages are included in phase 2: Planning operations, inventory, and quality control

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Production

is the part in the operations system where the inputs get transformed into outputs (products/services).

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Product Planning

what stage in phase 2 includes production

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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Production planning

in this stage, a detailed map of the activities required to produce, assemble, and test the product or service before it is delivered to the consumers, is created

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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Produce, assemble, and test

In product planning, a detailed map of the activities required to _________, ___________, and ________ the product or service before it is delivered to the consumers, is created

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Scheduling

it is essential in ensuring that the operations system is highly effective

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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Scheduling

it coordinates the timing of activities to organize, monitor, and optimize the equipment, people, and production activities.

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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Organize, monitor, and optimize

Scheduling coordinates the timing of activities to ____________, ___________, and ___________ the equipment, people, and production activities

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Equipment, people, and production

Scheduling coordinates the timing of activities to organize, monitor, and optimize the _________, ____________, and ____________ activities.

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Supply chain management

it consists of a system of organization, activities, people, resources and information involved in getting a product or service to a customer from a supplier.

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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Scheduling

With proper __________, the business will have a productive operations system

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Operations system

with proper scheduling, the business will have a productive ______________

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Supply chain management

activities involved here include product development, production, sourcing, logistics, and the information systems required to coordinate these activities.

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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product development, production, sourcing, logistics, and the information systems

Activities involved in the supply chain include what required to coordinate these activities.

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Supply chain management

it aims to achieve a competitive advantage in the market and maximize customer value

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Customer value

what does the supply chain management intends to maximize

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organizations, activities, people, resources, and information

Supply chain management consists of a system of what involved in getting a product or service to a customer from a supplier

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Supply chain management

Inventory management is a part of ________________________

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Inventory management

It oversees inventory items right from the manufacturers to where they are stored, down to where they are sold.

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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Inventory management

it includes raw materials, completed products or services, supplies, and works in progress

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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raw materials, completed products or services, supplies, and works in progress

Inventory includes what

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Size of the inventory and rate they are sold

in inventory management, there should be balance between _____________, and ________________

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True

T or F:Having too many items in inventory means that the organization has not recovered its costs from sales in time. It might also mean that the cost of storage is high.

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True

T or F: insufficient inventory items means the organization cannot meet consumer demand, leading to a loss in revenue

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False (baliktad)

T or F: Having too many items in inventory means that the organization cannot meet consumer demand, leading to a loss in revenue, On the other hand, insufficient inventory items means that the organization has not recovered its costs from sales in time. It might also mean that the cost of storage is high.

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Revenue

what is lost when the inventory items are insufficient

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Cost of storage

what is high if there are too many items in the inventory

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Service design

is the act of planning and organizing every component of service, including people, infrastructure, communication, and other materials, to improve the quality of service and the interaction between the service provider and its customers.

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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Attracting, satisfying, and retaining customers

The organization must become good at what, better that than your competitors are

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Customer service plan

in order to achieve attraction, satisfaction, and retention of customers (loyalty) better than your competitors, you must implement a carefully designed ___________________

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Quality control

is that part of quality management that ensures that all the quality requirements of a product/service are fulfilled.

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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Quality control

it plays a significant role in operations management, especially making sure that improvements occurs continuously

a. Production planning

b. Scheduling

c. Supply chain management

d. Inventory management

e. Service design

f. Quality control

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Improvements

Quality control ensure that ____________ occurs continuously

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Total quality management and Benchmarking

what are the recent quality advancements that have led to improvements in operations management as well

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Productivity

In operations management, it is the ratio of the output to the input operations system

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Output per hour

in manufacturing industries, one o the standard measures of productivity is ___________ ___ ______

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Job-related, resource related, and environment-related

what are the factors that drive productivity

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Business process management, business process reengineering, six sigma, supply chain management

what are the 4 Major Theories that can help manage operations

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BPM

involves the constant analysis, improvement, and automation of processes

a. Business process management

b. business process reengineering

c. six sigma

d. supply chain management

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Vision, Design, Modeling, execution, Monitoring, and optimizing

what is the cycle of BPM

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Business processing reengineering

it can help foster innovation within the organization and speed up improvements on whatever selected measure the company is are working on.

a. Business process management

b. business process reengineering

c. six sigma

d. supply chain management

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Six sigma

started improving processes using a data driven approach

a. Business process management

b. business process reengineering

c. six sigma

d. supply chain management

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Motorola

where was six sigma created

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Mid-1980

when was six sigma created

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Define, Measure, Analysis, Improve, Control

what is the six sigma process

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Production inefficiency, costs, and profits

what does the supply chain management affects

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Supply chain management

It affects production inefficiency, costs, and profits

a. Business process management

b. business process reengineering

c. six sigma

d. supply chain management

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Sale and product Development

Procurement

Suppliers

Manufacturing

Warehouse

Logistics

Consumers

what is the supply chain management flow

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Lean and agile manufacturing

Reconfigurable Manufacturing System

Behavioral operations management

what are the the examples of supply chain management

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Transaction processing systems

it includes techniques such as just-in-time (JIT) production

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Just-in-time production

involves producing only what is needed, when it is needed, and in the

amount needed.

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Lean and Agile Manufacturing

This approach helps to reduce inventory levels, minimize waste, and improve production efficiency

a. Lean and agile manufacturing

b. Reconfigurable Manufacturing System

c. Behavioral operations management

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Lean and agile manufacturing

The TPS, includes techniques such as just-in-time production, which involves producing only what is needed, when it is needed, and in the amount needed

a. Lean and agile manufacturing

b. Reconfigurable Manufacturing System

c. Behavioral operations management

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German multinational conglomerate

uses reconfigurable manufacturing systems to produce energy and transportation systems

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Reconfigurable manufacturing system

is designed to be highly flexible, allowing it to produce different products and product variations on the same production line

a. Lean and agile manufacturing

b. Reconfigurable Manufacturing System

c. Behavioral operations management

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Reconfigurable Manufacturing System

German multinational conglomerate, uses reconfigurable manufacturing systems to produce energy and transportation systems

a. Lean and agile manufacturing

b. Reconfigurable Manufacturing System

c. Behavioral operations management

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Behavioral operations

non-profit healthcare organization that provides healthcare services and insurance

a. Lean and agile manufacturing

b. Reconfigurable Manufacturing System

c. Behavioral operations management

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Behavioral operations management

uses patent data and feedback where care delivery can be improved

a. Lean and agile manufacturing

b. Reconfigurable Manufacturing System

c. Behavioral operations management

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Behavioral operations management

can be improved, & data analytics to identify patterns in patient behavior and preferences, which can help to inform care delivery decisions

a. Lean and agile manufacturing

b. Reconfigurable Manufacturing System

c. Behavioral operations management

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Designing the System

Implementation

Planning and Forecasting

Managing the System

what are the major issues in operations

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Designing the system

Product design, process design, facility design

a. Designing the System

b. Implementation

c. Planning and Forecasting

d. Managing the System