A S L 3 Lecture Notes - Technical Analysis, Dmaic, Cost Engineering
Document Summary
Organizations function: is the collection of people, technology, and systems within an organization that has primary responsibility for providing the organizations" products or services. The network of manufacturers is linked together through physical flows, information flows and monetary flows. Operations management: planning, scheduling and control of the activities that transforms inputs into finished goods and services. Upstream vs downstream activities: before and after someone"s position in the supply chain. Supply chain management: active mgmt of supply chain activities and relationships to maximize customer value and achieve comp adv. Scor (supply chain operations reference) model: seeks to provide standard descriptions of the processes, relationships and metrics that define scm: planning, sourcing, producing, delivering, returning. Important trends: e-commerce, competition and globalization, relationship mgmt. Structural elements: tangible resources etc (not changed frequently) Infrastructural elements: people, policies, decision rules, organizational structure. Functional strategy: translation of business strategy into specific actions (eg. operations and supply chain strategy.