GMS 401 Lecture Notes - Lecture 5: Lean Manufacturing, Mass Customization, Fixed Cost

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 401
• Professor: H E R M E L

Document Summary

Class 5: chapter 5 process strategy and layout. Meet or exceeds customer requirements and product specifications within cost and other managerial constraints. Four basic strategies: process focus, repetitive, product focus, mass customization. Facilities are organized around specific activities or process. Modules with parts and assemblies previously made. Rapid low cost production, satisfy unique customer needs. Flexibility of process with efficiency of a product focus. Changing processes: difficult and expensive, strategy determines transformation strategy for an extended period, constant control and evaluation. Inventory sits for days while operations are in seconds. Bell goes off when customers come in so you notice them. Reading ur license plate on the highway for tolls. Rfid barcodes: know where everything is in your store. Ex) how much data you used on your phone, how many bolts you used in car production. Ex) materials lined correctly on ur assembly line, car beepers and breaking if your too close to things.