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Operations Management Module 2 Operations Strategy ‘The key to sustainable competitive advantage Strategy: A Perspective, Perception, Pattern, Plan, Path, Ploy for survival and growth ‘Acknowledgement Poem ‘Rothe on he eee mason ter oe Socks cor Seinnvesn ce Learning Outcomes 1” ce pargtes a careenebasnesstegy ots Sed Sin rsa opr: gy 1 etn between Or Whey ond re Qusers 1 esc te tps rman certions rte ‘riveree, Operations Strategy Relevance & Context Spee eens eee camee 2 Sta pve oor tae ceased SEs een oem oneeeeaeariee SSriae athens 9rs2014 Need for Operations Strategy eee Strategy formulation process =e = ester Order Qualifiers & Order Winners ® SERA E a Ena = —S SESE Operational Excellence Performance Measures hg ata ee open «fearon ogee whe pts Reece ee roneenens oie rane sae ersr2014 ‘Strategic Decision in Operations Options Operation Strategy Options Product Portfolio Product portiolo pertains to decisions on 2 Product pontoto asa stratesc option RS aan ca Operation Strategy Options ‘Supply Chain issues 2 TEs a is — "SRE peters Operation Strategy Options Technology Choices © egret tem eemedens oct ersr2014 New Technology Options Strategic Advantages Operation Strategy Options Process Choices eee ee Ce ee ener erniem ome Operation Strategy Options ‘Capacity oe eee pruced por tnt ume he eae of manors Gelose pers te mb tos oe sore am (em prcton oS World Class Manufacturing (WCM) Core building blocks WOM fems perform very well in al the four ‘Parameters of Quaity, Cos, Bevery and Fiexbity at the same te using beter Sperations management process 12 The new operations management tools thet {orm the core bulng blocks of WCM are at Tne TY Tea ay anopemert TOM) To Productive Mastarance TPM) | neaye Invlvanen () snay 952014 Operations Strategy Emerging Trends & Implications implications due to Globalization 1D Outsourcing ~ @ major wave 1 Collaborative commerce thru Internet ‘Competing in Global markets Some requirements Identify 2 segment and create globat scale {Develop and hone process sklls and create operational excellence Move from mere manufacturing of ‘components to design and development through greater Jnvestment in research and development ‘Acknowledgement 1 Tecoma ann presente aor ses Sraaeen emer uma on te Sores ‘ashave tee pat teat or ahr ey Undrsanin otSs ueesc eeancas Pie orator encore ersn014