Sac 3 Flashcards
Tangibles
Are goods which can be touched
Intangibles
Are services which cannot be touched
Inputs
Resources used in the process of production
Processes/transformation
Conversion of inputs into outputs
Outputs
End result of an organisations efforts. The service or product that is delivered or provided to the consumer
Productivity
A measure of efficiency. The amount of output produced compared to the amount of input required in production
Operational competitiveness
Cost, quality, speed of delivery
Ways to compete on cost
Achieve economies of scale
Bulk but inputs
Eliminate waste
Produce high volume output
Ways to compete on quality
Tailor products to consumers
Market themselves as quality business
Immediately respond to customer needs
Reduce defect rates in production process
Ways to compete on speed
Respond quickly to changes in demand
Flatter management structures
Identify and act on trends quickly
Facilities design and layout
Planning the layout of workspace to streamline the production process
Fixed position layout
Deals with large scale processes, construction of bridges, ships, buildings
Product layout
Manufacturing of goods in mass volume using an assembly line
Process layout
High varieties of products by grouping activities, equipment and machinery of similar function together
Retail layout
Aisles.
Locating high impulse items in prominent locations
High draw items (bread and milk) at opposite ends
Office layout
Open plan or pods
Materials management
Manages the use, storage and delivery of materials to ensure the right amount of inputs is available when required in the operations system