COMM 103 Chapter Notes - Chapter 12: Gantt Chart, Program Evaluation And Review Technique, Six Sigma
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Successful organizations understand the interconnectivity of strategy, business structure, and operations and seek to ensure that all three are integrated into the decision-making process and that st(cid:396)u(cid:272)tu(cid:396)e a(cid:374)d ope(cid:396)atio(cid:374)s a(cid:396)e alig(cid:374)ed a(cid:374)d i(cid:374) suppo(cid:396)t of the o(cid:396)ga(cid:374)izatio(cid:374)(cid:859)s st(cid:396)ategi(cid:272) goals. Successful businesses look to establish within their business systems competitive advantages that enable them to deliver their products and/or services to their targeted market segments in a manner superior to that of the competition. Process management looks at the specific tasks that need to be accomplished by the organization and orders or sequences them to result in the most effective and efficient work flow. It i(cid:374)(cid:272)ludes interactions such as the purchase of materials from suppliers and the coordinated of just- in-time (jit) inventory practice. Supply chain management is all about relationship management. Product/service management products modifications, e(cid:374)ha(cid:374)(cid:272)e(cid:373)e(cid:374)ts, a(cid:374)d othe(cid:396) (cid:272)ha(cid:374)ges (cid:373)ade th(cid:396)oughout the p(cid:396)odu(cid:272)t(cid:859)s life (cid:272)(cid:455)(cid:272)le. It also involves the decisions trade-offs associated with quality and cost.
