Man - Trends in Operations Management -The focus is turning...

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Trends in Operations Management --The focus is turning global. In the past, there was a local or national focus in manufacturing. The evolution of low-cost, reliable worldwide communication and transformation networks has turned this local focus to a global focus. Domestic companies now have to worry about competing with international companies as well as other domestic companies. --There is a movement toward smaller shipments of goods that arrive “just in time.” In the past, goods were shipped in large batches. However, product life cycles have become shorter. Customers are constantly seeking newer, better, different products, which means that companies have to keep changing their products. Therefore, companies are moving from large production batches to just-in-time shipments. --Companies are engaging supplies in the production and improvement processes more and more. In the past, companies would buy their raw materials and parts by looking for the lowest-cost provider. Today, there is a
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This note was uploaded on 02/03/2011 for the course MAN 4504 taught by Professor Benson during the Spring '08 term at University of Florida.

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Man - Trends in Operations Management -The focus is turning...

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