BUSA 100 Lecture Notes - Lecture 8: List Of Scientology Security Checks, Cross-Docking, Walmart
Document Summary
Deep change: how operational innovation can transform your. Operational innovation is truly deep change, affecting essence of company: how its work is done effects ripple outward to all aspects of the enterprise. Operation innovation is not improvement but coming up with entirely new ways of filling orders, developing products, providing customer service, or any other activity that enterprise performs step change: moves company to new level. Cross-docking: goods trucked to a distribution center from suppliers are immediately transferred to trucks bound for stores without ever being in storage lower inventory levels and lower operating prices lower prices for walmart. Strategic benefits: higher customer retention, greater market share, ability to execute strategies, ability to enter new markets. Marketplace benefits lower prices: greater customer satisfaction, differentiated offerings, stronger customer relationships, greater agility. Operational benefits lower direct costs faster cycle time increased accuracy: better use of assets, greater customization or precision, more added value, simplified processes. Because it is undervalued in business culture,
