...Chapter 1 Competing with Operations Foundations of Operations Management, Ritzman & Krajewski © What Is a Process? • Process – Activities that transform inputs, add value and generate output(s) • Examples: – Manufacturing process • Furniture manufacturing: cutting or staining wood – Non-Manufacturing Process • Checking in passengers Foundations of Operations Management, Ritzman & Krajewski © 1-2 Processes & Operations Internal and external customers Inputs • • • • • • • • Workers Managers Equipment Facilities Materials Services Land Energy Processes and operations 1 3 5 2 4 Outputs • Services • Goods Figure 1.1 Information on performance 1-3 Foundations of Operations Management, Ritzman & Krajewski © Nested Processes at a Large Bank BANK Operations Cash Management Loan operations Trading operations Others ATM Support Customer transactions Service quality Others Maintain Cards Research problems Site analysis Others Retail Distribution Compliance Finance Human resources Teller Line Transactions Track branch sales ATM hotline Others Process Deposits Cash checks Safe deposit boxes Others Products Auto Finance Cards Mortgages Others Credit Applications Manage retail products Originate lease portfolio Others Loan Documentation Review credit standing Obtain manager approval Others Wholesale Trading Loan administration Leasing Others Fund Management Market making spot Dealer support Others Prepare Reports Attend meetings...
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...ISOM 351:Operations Management, Spring 2012 PROFESSOR: Dr. Nazim U. Ahmed OFFICE: WB 2l9 OFFICE PHONE: 285-5302 OFFICE HOURS: MW 10:00 – 12:00 A.M. TTH 8:30 – 9:30 AM. E-mail: nahmed@bsu.edu TEXTBOOK: Operations Management: Process and Supply Chains, 9th ed.,Lee J. Krajewski and Larry P. Ritzman and Malhotra, Prentice Hall Publishing Inc. COURSE OBJECTIVES: Understand and apply Operations Management Concepts to Business Problems Using Operations Management Tools Students will be able to apply current and advanced operations management tools for analyzing business problems in both manufacturing and service organizations. Sub goals: 1. Understand operations management concepts such as; product design, process design, operation strategy, supply chain and total quality management. 2. Demonstrate the skills required to solve business problems using operations management tools. COURSE POLICIES: READING PROGRAM: For each class, you should read the chapters to be covered next day. This will facilitate your understanding of the concepts. Students are encouraged to initiate and participate in the discussions on issues related to the course. CLASS ATTENDANCE: Class meetings are like business appointments and should be treated as such. A portion of grade will be assigned for class attendance. A tentative course outline will be provided but there...
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...Version 0.99 University of Illinois at Urbana-Champaign College of Commerce and Business Administration BADM 467 - Process Management Summer 2003 Dilip Chhajed Nick Petruzzi chhajed@uiuc.edu petruzzi@uiuc.edu 323 DKH 328D DKH office hours: office hours: Description Process Management includes a myriad of activities: insuring that a product or service is of high quality, choosing the appropriate design and technology for producing a good or service, planning and controlling the flow of materials or customers so that lead times are minimized, and distributing finished goods or services. Relevant decisions range from how much material to order for making a product, to determining how much capacity is needed to provide a good level of service, to evaluating which technology will best meet a company's needs. In short, this course focuses primarily on developing and applying tools and techniques to ensure that the right products and resources are at the right place at the right time so as to maximize profit within a business process or supply chain. The “products” could be either goods, services, or both; and the “resources” could be either material, people, money, information, or any combination of the four. In the first part of this course, we will focus on process design and improvement issues by studying the relationships between key process parameters such as capacity and throughput, and by analyzing processes in order...
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...CALIFORNIA STATE UNIVERSITY, FULLERTON MIHAYLO COLLEGE OF BUSINESS AND ECONOMICS DEPARTMENT OF MANAGEMENT Management 339 Dr. Gamini Gunawardane Principles of Management and Operations Fall 2012 COURSE OUTLINE Course Description Administrative processes in utility-creating business operations; decision making; planning; controlling; organizing; staffing; supporting business information systems; measuring and improving effectiveness; production processes, production operations and institutions in American and worldwide business. Prerequisites: All lower division business core courses or instructor's consent; corequisite Management Science 361 A. Course Objectives This course covers part of the body of knowledge known as Principles of Management and/or Organization Theory as well as the essentials of Operations Management (OM). The emphasis is on understanding the role of the Operations Managers in manufacturing and service organizations. The objective will be to learn relevant theories, concepts and techniques relevant to the activities of an Operations Manager and also learn solving OM problems. Teaching method This is a lecture/discussion course. As this course covers two subject areas, there are many topics and sub-topics to address. To make optimal use of time, the instructor will set up a broad, but clear, framework to cover a topic or a series of related topics and explain the core concepts. The best use of this approach can be made...
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...Chapter 1 Inroduction Paint History Chapter 1 1.1 Paint History: Paint is one of the oldest synthetic substances known, with a history stretching back into prehistoric times. Prehistoric man made it more than 35,000 years ago as they mixed clays and chalks with animal fats and used these paints to depict their hunts on cave walls. By 2500BC, Egyptians had improved the technology by developing a clear blue pigment by grinding azurite, gums, wax and egg white as binders and solvents for their paints. Greeks learnt to blend paints with hot wax, rather than water, making paint both thicker and easier to spread. By this time, colours were available from natural and synthetic sources, one of the most interesting being a purple pigment made from heating yellow earth till it turned red and then plunging it into vinegar. In the eighteenth century, paint factories began to open in Europe and America, and by the nineteenth century, mass production had brought prices down where houses began to be painted. In the twentieth century, paint manufacturing and its function is widely understood especially from chemical point of view, meaning that paint manufacture has finally moved from being an art to being a science. 1.2 Paint Importance and Its Production: Paints are used for the protection and appearance enhancement of houses, buildings, cars, ships and many more. They are used as a safety feature to grab person attention like in lane markings on road and...
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...Table of Contents Introduction 3 Answer 1: Supply Network Prospective 4 Failure to integrate the facilities 5 Vertical integration 5 Horizontal Integration: Single Company Strategy 6 Benefits: 7 Product range 7 Lack of customer consciousness and commitment to service 7 Poor internal and external communications 8 Answer 2: Customer service 9 The components of customer service 9 Answer 3: Inventory Management 11 The poor solution – the economic order quantity (EOQ) ‘fix’ 12 ABC analysis 13 Material Requirement Planning (MRP) 13 Enterprise resource planning (ERP) 14 Just-in-time management 14 Kanban 15 The effect of JIT on operations 16 Answer 4: Operations Performance Objectives 17 Quality 17 Speed 18 Dependability 19 Flexibility 20 Cost 21 References: 22 Introduction United Biscuits is a leading European manufacturer of biscuits and bagged snacks. It has 14 geographical locations in the UK with revenue of £1.1 billion in 2007. No of employees: 7,200 people in the UK Business Sector: Food manufacturing IT was founded in 1948 following the merger of two Scottish family businesses — McVitie & Price and MacFarlane Lang. In 1960, United Biscuits added to its portfolio with the acquisition of Crawford's Biscuits and MacDonald's Biscuits. In 2000 UB was bought by Finalrealm, a consortium of investors, and reverted to private limited company status. United Biscuits (UB) is one of the world’s pre-eminent branded snacks...
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...The University of Nottingham, Ningbo, China Division of International Business China and the World Trade Organization P13608 Module Outline Module Convenor: Dr Chieh Huang AB Room 379 chieh.huang@nottingham.edu.cn Office hours: Monday 10:30-12:30 10 credits TB329 Tuesday 2-4 PM 10 weekly two-hour lecture/seminars The course is taught by way of lecture/seminars which are two hours in length. The form of the lecture/seminars will be flexible, depending on the topic under consideration. Students are expected to participate fully in discussions in lecture/seminars and to have read all the set Essential Reading before class. Credits: Lecture Venue and Times Method of Delivery & Frequency on Class: Method and Criteria of Assessment: 100% Coursework (5000 words) Essay Submission Deadline is 4pm, Wednesday 27 November 2013 Topics: Please choose one area listed below and discuss its recent development in the context of China. You will need to narrow down your focus and set your own essay topic. 1. 2. 3. 4. 5. Non-market Economies in the WTO Energy Industry and the WTO Environment and the WTO Commentary on one WTO case involving China Self-selected topic upon approval (You are most welcome to decide a topic yourself. Once you decide to do so, however, you need to submit your topic and an one-paragraph abstract before 4pm 31 October. ) Module Aims: To give the students a broad knowledge of the multilateral trading system and China’s interaction with that system through...
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...Session 1 Krajewski Chapter 1: Using Operations to Compete • • • Operations Management ! systematic design, direction & control of processes that transform inputs into outputs Process ! activity(s) that transforms inputs into outputs Operation ! group of resources performing one or more processes Functional Areas of business (acquires!fin.!Resources&capital! for!input)! Finance* Material!&! Service! Inputs! Operations* (material!&!service!into! outputs)! !!!!!!!!!!!!!!Support!Functions! ! • Accounting! • Information!System! • HR! • Engineering! Product!&! Service! Output! Marketing* Sales! Revenue! (Generates!sales!of!output)! • • Process and Operations are influences by internal and external customers considering feedback Two types of Process ! Manufacturing and Service Manufacturing Physical output Can be inventoried Low customer contact Long response time Capital intense Quality easily measured Service Intangible output Cannot High Short Labor intense Not easily measured Core Process (within the Supply Chain) ! Set of activities delivering value to external customers 1. Supplier Relationship Process ! selects suppliers & facilitates flow of items into firm 2. New Service/Product Development Process ! designs & develops new S/P received from inputs received from ext customer specifications or from mkt in general (through Customer Rltnshp Process) ! 1! 3. Order Fulfillment Process ! activities required to produce and deliver S/P to external...
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...White Paper Lean Manufacturing Lean Manufacturing Table of Contents Executive Summary.......................................................................................................................................................................................2 Introduction .......................................................................................................................................................................................................4 Lean Manufacturing—So What? .................................................................................................................................................4 Objectives .................................................................................................................................................................................................6 The Manufacturing Challenge .................................................................................................................................................................7 Globalization and Competitive Pressure ................................................................................................................................7 Mass Production to Mass Customization ...............................................................................................................................7 Shortening Product Life Cycles........................................................................
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...Part One Introduction 1. The Operations Function 3. Product Design The introductory part of this book provides an overview of the operations management field and some of the prerequisites for decision making in operations: operations strategy and product design. After reading this part, the student should have an appreciation for the importance of operations to the firm, the major decisions made in operations, the linkages of operations decisions to other functions, and the need for strategy to guide all operations decision making. New-product design is treated as a cross-functional decision responsibility that precedes production of goods or services. 2. Operations and Supply Chain Strategy Chapter One The Operations Function Chapter outline 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Why study operations management? Definition of operations management Decisions at Pizza U.S.A. Operations decisions—a framework Cross-functional decision making Operations as a process Contemporary operations themes Key points Student Internet exercises Discussion questions Selected bibliography “What Is OM?” Vol. XI 2 Operations management, as a field, deals with the production of goods and services. Every day we come in contact with an abundant array of goods or services, all of which are produced under the supervision of operations managers. Without effective management of operations, a modern industrialized society cannot exist. Operations is the engine that creates profit for the enterprise...
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...Edition Solutions Manual Accounting Information Systems Romney 11th Edition Solutions Manual Accounting Information Systems Romney 11th Edition Solutions Manual Accounting Information Systems Romney Steinbart 11th Edition Solutions Manual Accounting Information Systems Romney Steinbart 11th Edition Solutions Manual ------------------------------------------------------------------------------------------------------------------------ ***THIS IS NOT THE ACTUAL BOOK. YOU ARE BUYING the Solution Manual in e-version of the following book*** Name: Accounting Information Systems Author: Romney Steinbart Edition: 11th ISBN-10: 0136015182 Type: Solutions Manual - The file contains solutions and questions to all chapters and all questions. All the files are carefully checked and accuracy is ensured. - The file is either in .doc, .pdf, excel, or zipped in the package and can easily be read on PCs and Macs. - Delivery is INSTANT. You can download the files IMMEDIATELY once payment is done. If you have any questions, please feel free to contact us. Our response is the fastest. All questions will always be answered in 6 hours. This is the quality of service we are providing and we hope to be your helper. Delivery is in the next moment. Solution Manual is accurate. Buy now below and the DOWNLOAD LINK WILL APPEAR IMMEDIATELY once payment is done! Prepare to receive your Accounting Information Systems Solution Manual in the next moment....
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... SCHOOLS: A CASE OF FIVE REGIONS IN BOTSWANA. Students Names: Makhongo B. -201204435 Sello O. M. -201204434 Mahatelo M.F.-201206203 Kotewa G. -201204437 Marenga K.- 201204429 Mbiganyi G.-201206833 SUPERVISOR: DR P. BULAWA Table of Contents CHAPTER 1: BACKGROUND 3 1.0 Introduction 3 1.1 Background of the study 3 1.2 Statement of the problem 5 1.3 Purpose of the study 6 1.4 Research questions 6 1.5 Significance of the study 6 1.6 Limitations of the study 6 1.7 Delimitation of the study 7 1.8 Definition of terms 7 CHAPTER 2: LITERATURE REVIEW 8 2.0 Introduction 8 2.1 Purpose of supervision 8 2.2. Teachers’ Positive perceptions about supervision 9 2.3 Negative perceptions about supervision 10 2.4 Challenges facing supervision 11 2.5 Ways of Improving Supervision 12 2.6 Conclusion 12 CHAPTER 3- METHODOLOGY 13 3.1 Research design 13 3.2 Target population 13 3.3 Sampling and sampling procedures 14 3.4 Research instruments 14 3.4.1Questionnaires 15 3.4.2 The Interview 15 3.5 Data collection procedure 16 3.6 Data analysis and presentation 16 3.7 Ethical considerations 16 3.8 Research Methods 17 3.8.1 Respondents in the Study 17 CHAPTER FOUR: FINDINGS 20 4.0 Introduction 20 4.1.2 Teachers Questionnaires 20 4.1.2 Oral Interviews 30 5.0 Introduction 34 5.1 Teachers perception about supervision 34 5.2 Lack of necessary supervisory skills by SMT and their possible solutions 35 5.3 Teachers’ involvement in the process...
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...A PROJECT REPORT ON The Impact of Empowerment on Employee Effectiveness and Employee Responsiveness in Banking sector of Mysore Submitted by Deeksha.B USN-4JC10MBA35 Submitted to VISVESVARAYA TECHNOLOGICAL UNIVERSITY, BELGAUM, INDIA In December 2011 In partial fulfillment of the requirements For the award of MASTER OF BUSINESS ADMINISTRATION Under the guidance of Mr Girish Baga Assistant Professor Sri Jayachamarajendra College Of Engineering, Mysore Sri Jayachamarajendra College Of Engineering JSS Technical Institutions Campus, Mysore 570006 Autonomous institution affiliated to Visvesvaraya Technological University DECLARATION I,Deeksha.B , USN 4JC10MBA35 a student of Master of Business Administration at Sri Jayachamarajendra College of Engineering, JSS Technical Institution Campus, Mysore, India hereby declare that this project report titled “The Impact of Empowerment on Employee Effectiveness and Employee Responsiveness” is a record of an original and independent work carried out by me during the period july to december in the 3rd semester of the course under the guidance of Mr. Girish Baga Master of Business Administration, Sri Jayachamarajendra College of Engineering, JSS Technical Institution Campus, Mysore, India submitted to Visvesvaraya Technological University, Belgaum, India, in partial fulfillment of the requirements for the award of Masters of Business Administration. I further declare that this project work and...
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...03-Klassen-4641.qxd 4/1/2005 6:06 PM Page 135 3 PLANNING AND CONTROL O ffering desirable customer service at a reasonable cost requires an efficient flow of materials and services while simultaneously managing the organization’s resources that direct and transform these flows. Effective planning and coordination ensures that all resources required to deliver services or produce goods are available in the right quantity and quality at the right time. Such planning and coordination, however, is often very complex. For example, a typical manufacturer is required to track hundreds or thousands of raw materials, components, and subassemblies for effective production. In a similar way, a service provider must ensure the appropriate employees and range of necessary materials are available to fill the needs of multiple market segments, often on very short notice. Effective internal planning and control represents the fundamental “block and tackling” underlying an organization’s efficient and effective operations. Operations planning and control is the second of the foundational blocks that contribute to the management of broader operational systems (see Figure 3.1). Forecasting customer demand based on a wide range of business factors is one critical input. Planning for operations then must cover both the long-term planning horizon for overall capacity and process-related resources, such as facilities, equipment, and personnel, as well as detailed schedules to match...
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...Yu, Wantao (2011) Operations strategy, business environment, operations resources and performance: an empirical study of retail firms in China. PhD thesis, University of Nottingham. Access from the University of Nottingham repository: http://eprints.nottingham.ac.uk/14191/1/546558.pdf Copyright and reuse: The Nottingham ePrints service makes this work by researchers of the University of Nottingham available open access under the following conditions. · Copyright and all moral rights to the version of the paper presented here belong to the individual author(s) and/or other copyright owners. · To the extent reasonable and practicable the material made available in Nottingham ePrints has been checked for eligibility before being made available. · Copies of full items can be used for personal research or study, educational, or notfor-profit purposes without prior permission or charge provided that the authors, title and full bibliographic details are credited, a hyperlink and/or URL is given for the original metadata page and the content is not changed in any way. · Quotations or similar reproductions must be sufficiently acknowledged. Please see our full end user licence at: http://eprints.nottingham.ac.uk/end_user_agreement.pdf A note on versions: The version presented here may differ from the published version or from the version of record. If you wish to cite this item you are advised to consult the publisher’s version. Please see the...
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