MGM101H5 Lecture Notes - Lecture 13: Six Sigma, Nfrastructure, Materials Management

• School: UTM
• Department: Management
• Course: MGM101H5
• Professor: Dave Swanston

Document Summary

Om: fitting into the big picture. Chapter 13- operations and supply chain management. November 29th, 2013: business system components . Strategy is what we want to accomplish. Manufacturing vs. service operations. Productivity- efficiency, resources allocation. Competitiveness- strategy, flexibility, international. Cost- controls, investment decisions. Successful execution of primary activities of organization is facilitated by support activities. It department collaborated with operations department on development of new technologies in support of value chain process. R&d + engineering department which focus on new product development, existing produce enhancement, and process design and development. Hr department assists in recruitment, employee development and support services for: examples of support activities: Examples: fabrication process, assembly process, etc. Key fundamentals associated with process design, layout, and execution: View tps example on page 329 to illustrate dice ^ process. November 29th, 2013: capital asset evaluation and acquisition. Supply chain management: three areas of ongoing responsibilities, supply chain planning.