Question

Operations and Supply Chain Management includes four major priorities associated with operations strategy. BOTH QUESTIONS MUST BE ANSWERED COMPLETELY.

1. What are the four major priorities?

2. How has their relationship to each other changed over the years?  

Answer 1

1) Four major priority associated with operations strategy like -

A) Products or services design - Operations teams are working and addressing the products design and how products will look like.

B) Process selection strategy - After then technology and equipment are essential for the manufacturing and seeing the products.

C) Total quality control - How production team will manage and control the quality parameters and benchmark.

D) Location strategy - One of the crucial operations strategy to identify and deciding locations.

2) Through the passing of time , Innovation, new concepts , experiment , technology advancement , quality management , changing customers life styles and increasing environmental challenges changed the relationship to each others over the years. Global business practices , increasing industrialization , development of developing countries like China and India are forcing the reanalyzed the operations strategies for better positioning and marketing of products and services.