Lecture Notes_Chapter 01 BUS508

Lecture Notes_Chapter 01 BUS508 - BUS 508 Lecture Notes...

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BUS 508 Lecture Notes Chapter 1 Operations Management Operations Management at IKEA o Design a store layout which gives smooth and effective flow o Design elegant products which can be flat-packed efficiently o o Priced competitively ( ) o Delivered on time ( ) o Customized to their needs ( ) Definitions of Operations and Supply management (OSM) o Defined as the ______, _______, and improvement of the systems that ______ and _____ the firm’s primary products and services (Our textbook) o Managing supply and demand, ________ raw materials and parts, manufacturing and assembly, warehousing and _________ tracking, order entry and ______ __________, _________ across all channels, and delivery to the _______ (The Supply-Chain Council) Value chain vs. Supply chain o Value chain - A _______ of ________ and ________ that describes the flow of goods, services, information, and financial transactions from suppliers through the facilities and processes that create good and services and deliver them to the customer o Supply chain 1
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This note was uploaded on 11/22/2011 for the course BUS 306 taught by Professor Anhnamsung during the Spring '11 term at Solano Community College.

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Lecture Notes_Chapter 01 BUS508 - BUS 508 Lecture Notes...

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