Saturday, January 04, 2014

Operations - Competitive Priorities (AKA Process Performance Objective)



1. Cost
2. Quality

  •  Consistent Quality - On-specification Product
  •  Top Quality - Superior Design / Durability etc.,
3. Time (Speed & Dependability)

  •  Quick Delivery
  •  On-Time Delivery - Important requirement for Just-In-Time (JIT)
  •  Time-to-Market for New Product or Service Development and to market the same.
4. Flexibility

  •  Customization
  •  Variety
  •  Volume Flexibility

Operations Strategy - Competitive Priorities