1st October 2015 Operations Management Lecture Notes

Individual HW
Article: Competing on capabilities: the new rules of corporate strategy
Read: 1 3 pages and make a summary
Due: Next Thursday
Just-in-time production system
Toyota production system is probably the most famous company that focuses
on JIT.
Focused Factory
Instead of using one big factory, it is a lot more convenient to making more
and smaller companies to easily adapt to the supply and demand factors of
the product.
Quality at the sources
Understanding the situation clearly.
Uniform plant loading
Kanban
Communication channel to make the production flow (moving items) with
accuracy
Used since 1970s as an offline system
Bringing items to fill up the station
Minimized Set Up times = Changeable
Most important in JIT
Changeover time = Setup time (means the same)
More setup time, more production (flexibility)