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Chapter Operations Management 6 - acornlive.com

1 Operations Management Chapter 6 2 Overview of Operations Management Operations strategy The total pattern of decisions which shape the long-term capabilities of any type of Operations and their contribution to the overall strategy, through the reconciliation of market requirements with Operations resources. ( Definition: Slack and Lewis) Organisations make products or deliver services and do rely heavily upon operational processes to produce effective products and efficiently deliver them on time.

3 Porter ˇs value chain analysis Value chain analysis (VCA) is a position audit tool which examines the current and ˘internal ˇ position of an organisation. It is ideal tool to examine holistically the operational processes

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