Operations
Q1) To understand a company’s operations the following areas should be primarily researched:
1) Identify the position of the company on the Product-Process matrix:
The product-process matrix is a tool for analysing the relationship between the product life cycle and the technological life cycle. A company can be characterized as occupying a particular region on the matrix. Identify where the company lies on the matrix: job shop, batch, line or continuous.
In case of a company such as coca cola the production process can be divided into two parts: i) Pre bottling ii) Post bottling
During the pre-bottling production, the company falls into the Continuous manufacturing involves lot-less production wherein the product flows continuously rather than being divided. A basic material is passed through successive operations (i.e., refining or processing) and eventually emerges as one or more products. This process is used to produce highly standardized outputs in extremely large volumes.
The post bottling production falls into the
2) Supply Chain Management of the company:
Supply Chain Management is the implementation of cross-functional relationships with key customers and suppliers in that network. It is a new business model necessary for an organization's success and every function needs to be involved.
By understanding the supply chain management processes and how they should be implemented, you will better understand the value of more integrated supply chains and how this integration will lead to increased shareholder value and a sustainable competitive advantage.
It is essential to understand where the supply chain begins and ends for a company.
3) Production: * Identify the bottlenecks of the process:
The simplest and most logical way to identify process bottlenecks is to look for the biggest causes of stress. * Identify the lead time of the process:
Lead Time is the time between the initiation of a process and
1) Identify the position of the company on the Product-Process matrix:
The product-process matrix is a tool for analysing the relationship between the product life cycle and the technological life cycle. A company can be characterized as occupying a particular region on the matrix. Identify where the company lies on the matrix: job shop, batch, line or continuous.
In case of a company such as coca cola the production process can be divided into two parts: i) Pre bottling ii) Post bottling
During the pre-bottling production, the company falls into the Continuous manufacturing involves lot-less production wherein the product flows continuously rather than being divided. A basic material is passed through successive operations (i.e., refining or processing) and eventually emerges as one or more products. This process is used to produce highly standardized outputs in extremely large volumes.
The post bottling production falls into the
2) Supply Chain Management of the company:
Supply Chain Management is the implementation of cross-functional relationships with key customers and suppliers in that network. It is a new business model necessary for an organization's success and every function needs to be involved.
By understanding the supply chain management processes and how they should be implemented, you will better understand the value of more integrated supply chains and how this integration will lead to increased shareholder value and a sustainable competitive advantage.
It is essential to understand where the supply chain begins and ends for a company.
3) Production: * Identify the bottlenecks of the process:
The simplest and most logical way to identify process bottlenecks is to look for the biggest causes of stress. * Identify the lead time of the process:
Lead Time is the time between the initiation of a process and