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Introduction to Operations Management

The document outlines a course on Operations and Supply Chain Management, led by Assoc. Prof. Ho Thanh Phong, using the textbook 'Operations Management 6th edition' by Roberta Russell & Bernard W. Taylor. It details the grading structure, key topics covered in the course, and the evolution of operations management practices. Additionally, it discusses the relevance of operations management across various fields and the impact of globalization on competitiveness.

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0% found this document useful (0 votes)
11 views43 pages

Introduction to Operations Management

The document outlines a course on Operations and Supply Chain Management, led by Assoc. Prof. Ho Thanh Phong, using the textbook 'Operations Management 6th edition' by Roberta Russell & Bernard W. Taylor. It details the grading structure, key topics covered in the course, and the evolution of operations management practices. Additionally, it discusses the relevance of operations management across various fields and the impact of globalization on competitiveness.

Uploaded by

doanvn02.1
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

Operations and

Supply Chain Management


 Lecturer: Assoc. Prof. Ho Thanh Phong
 Textbook: Operations Management 6th edition. Roberta
Russel & Bernard W. Taylor
 Grading:
 Midterm 30%
 Homeworks: 10%
 Project: 30%
 Final: 40%

Copyright 2009 John Wiley & Sons, Inc. 1-1


Chapter 1
Introduction to Operations and
Supply Chain Management
Operations
Operations Management
Management -- 6
6thth Edition
Edition

Roberta Russell & Bernard W. Taylor, III

Copyright 2009 John Wiley & Sons, Inc.


Lecture Outline

 What Operations and Supply Chain


Managers Do
 Operations Function
 Evolution of Operations and Supply Chain
Management
 Globalization and Competitiveness
 Operations
 Strategy and Organization of the Text
 Learning Objectives for This Course

Copyright 2009 John Wiley & Sons, Inc. 1-3


What Operations and
Supply Chain Managers Do
 What is Operations Management?
 design, operation, and improvement of productive
systems
 What is Operations?
 a function or system that transforms inputs into outputs of
greater value
 What is a Transformation Process?
 a series of activities along a value chain extending from
supplier to customer
 activities that do not add value are superfluous and
should be eliminated

Copyright 2009 John Wiley & Sons, Inc. 1-4


Transformation Process

 Physical: as in manufacturing operations


 Locational: as in transportation or
warehouse operations
 Exchange: as in retail operations
 Physiological: as in health care
 Psychological: as in entertainment
 Informational: as in communication

Copyright 2009 John Wiley & Sons, Inc. 1-5


Operations as a
Transformation Process

INPUT
•Material
TRANSFORMATION OUTPUT
•Machines
•Goods
•Labor PROCESS
•Services
•Management
•Capital

Feedback & Requirements

Copyright 2009 John Wiley & Sons, Inc. 1-6


Operations Function

 Operations
 Marketing
 Finance and
Accounting
 Human
Resources
 Outside
Suppliers

Copyright 2009 John Wiley & Sons, Inc. 1-7


How is Operations Relevant to my
Major?
 “As an auditor you must
 Accounting
understand the fundamentals of
operations management.”
 Information  “IT is a tool, and there’s no better
place to apply it than in operations.”
Technology  “We use so many things you learn
in an operations class—scheduling,
 Management lean production, theory of
constraints, and tons of quality
tools.”

Copyright 2009 John Wiley & Sons, Inc. 1-8


How is Operations Relevant to my
Major? (cont.)
 “It’s all about processes. I live
 Economics
by flowcharts and Pareto
analysis.”
 Marketing  “How can you do a good job
marketing a product if you’re
unsure of its quality or delivery
status?”
 Finance  “Most of our capital budgeting
requests are from operations,
and most of our cost savings,
too.”

Copyright 2009 John Wiley & Sons, Inc. 1-9


Evolution of Operations and
Supply Chain Management
 Craft production

process of handcrafting products or
services for individual customers
 Division of labor

dividing a job into a series of small tasks
each performed by a different worker
 Interchangeable parts

standardization of parts initially as
replacement parts; enabled mass
production

Copyright 2009 John Wiley & Sons, Inc. 1-10


Evolution of Operations and
Supply Chain Management (cont.)

 Scientific management
 systematic analysis of work methods
 Mass production
 high-volume production of a standardized
product for a mass market
 Lean production
 adaptation of mass production that prizes
quality and flexibility

Copyright 2009 John Wiley & Sons, Inc. 1-11


Historical Events in
Operations Management
Era Events/Concepts Dates Originator
Steam engine 1769 James Watt
Industrial
Division of labor 1776 Adam Smith
Revolution
Interchangeable parts 1790 Eli Whitney
Principles of scientific
1911 Frederick W. Taylor
management
Frank and Lillian
Scientific Time and motion studies 1911 Gilbreth
Management Activity scheduling chart 1912 Henry Gantt
Moving assembly line 1913 Henry Ford

Copyright 2009 John Wiley & Sons, Inc. 1-12


Historical Events in
Operations Management (cont.)
Era Events/Concepts Dates Originator
Hawthorne studies 1930 Elton Mayo
Human 1940s Abraham Maslow
Relations Motivation theories 1950s Frederick Herzberg
1960s Douglas McGregor
Linear programming 1947 George Dantzig
Digital computer 1951 Remington Rand
Simulation, waiting
Operations Operations research
line theory, decision 1950s
Research groups
theory, PERT/CPM
1960s, Joseph Orlicky, IBM
MRP, EDI, EFT, CIM
1970s and others

Copyright 2009 John Wiley & Sons, Inc. 1-13


Historical Events in
Operations Management (cont.)
Era Events/Concepts Dates Originator
JIT (just-in-time) 1970s Taiichi Ohno (Toyota)
TQM (total quality W. Edwards Deming,
1980s
management) Joseph Juran
Quality Strategy and Wickham Skinner,
1980s
Revolution operations Robert Hayes
Business process Michael Hammer,
1990s
reengineering James Champy
Six Sigma 1990s GE, Motorola

Copyright 2009 John Wiley & Sons, Inc. 1-14


Historical Events in
Operations Management (cont.)
Era Events/Concepts Dates Originator
Internet Internet, WWW, ERP, 1990s ARPANET, Tim
Revolution supply chain management Berners-Lee SAP,
i2 Technologies,
ORACLE
E-commerce 2000s Amazon, Yahoo,
eBay, Google, and
others
Globalization WTO, European Union, 1990s Numerous countries
and other trade 2000s and companies
agreements, global supply
chains, outsourcing, BPO,
Services Science
Copyright 2009 John Wiley & Sons, Inc. 1-15
Evolution of Operations and
Supply Chain Management (cont.)
 Supply chain management
 management of the flow of information, products, and services across
a network of customers, enterprises, and supply chain partners

Copyright 2009 John Wiley & Sons, Inc. 1-16


Globalization and
Competitiveness
 Why “go global”?
 favorable cost
 access to international markets
 response to changes in demand
 reliable sources of supply
 latest trends and technologies
 Increased globalization
 results from the Internet and falling trade
barriers

Copyright 2009 John Wiley & Sons, Inc. 1-17


Globalization and
Competitiveness (cont.)

Hourly Compensation Costs for Production Workers


Source: U.S. Bureau of Labor Statistics, 2005.
Copyright 2009 John Wiley & Sons, Inc. 1-18
Globalization and
Competitiveness (cont.)

World Population Distribution


Source: U.S. Census Bureau, 2006.
Copyright 2009 John Wiley & Sons, Inc. 1-19
Globalization and
Competitiveness (cont.)

Trade in Goods as % of GDP


(sum of merchandise exports and imports divided by GDP, valued in U.S. dollars)
Copyright 2009 John Wiley & Sons, Inc. 1-20
Productivity and
Competitiveness
 Competitiveness

degree to which a nation can produce goods and
services that meet the test of international
markets
 Productivity

ratio of output to input
 Output

sales made, products produced, customers
served, meals delivered, or calls answered
 Input

labor hours, investment in equipment, material
usage, or square footage

Copyright 2009 John Wiley & Sons, Inc. 1-21


Productivity and
Competitiveness (cont.)

Measures of Productivity

Copyright 2009 John Wiley & Sons, Inc. 1-22


Productivity and
Competitiveness (cont.)

Average Annual Growth Rates in Productivity, 1995-2005.


Source: Bureau of Labor Statistics. A Chartbook of
International Labor Comparisons. January 2007, p. 28.
Copyright 2009 John Wiley & Sons, Inc. 1-23
Productivity and
Competitiveness (cont.)

Average Annual Growth Rates in Output and Input, 1995-2005 Dramatic


Dramatic Increase
Increase in
in
Source: Bureau of Labor Statistics. A Chartbook of International Output
Output w/
w/ Decrease
Decrease in in
Labor Comparisons, January 2007, p. 26. Labor
Labor Hours
Hours
Copyright 2009 John Wiley & Sons, Inc. 1-24
Productivity and
Competitiveness (cont.)
 Retrenching
 productivity is increasing, but both output and input
decrease with input decreasing at a faster rate
 Assumption that more input would cause
output to increase at the same rate
 certain limits to the amount of output may not be
considered
 output produced is emphasized, not output sold;
increased inventories

Copyright 2009 John Wiley & Sons, Inc. 1-25


Strategy and Operations

 Strategy

Provides direction for achieving a mission
 Five Steps for Strategy Formulation

Defining a primary task
 What is the firm in the business of doing?

Assessing core competencies
 What does the firm do better than anyone else?

Determining order winners and order qualifiers
 What qualifies an item to be considered for purchase?
 What wins the order?

Positioning the firm
 How will the firm compete?

Deploying the strategy
Copyright 2009 John Wiley & Sons, Inc. 1-26
Strategic Planning
Mission
Mission
and
and Vision
Vision

V
Vooiiccee oof t e ooff tthhee
f thhee V
Vooic
ic e
B u
Bussiinneesss meerr
s Corporate
Corporate CCuussttoom
Strategy
Strategy

Marketing
Marketing Operations
Operations Financial
Financial
Strategy
Strategy Strategy
Strategy Strategy
Strategy
Copyright 2009 John Wiley & Sons, Inc. 1-27
Order Winners
and Order Qualifiers

Source: Adapted from Nigel Slack, Stuart Chambers, Robert Johnston, and Alan
Betts, Operations and Process Management , Prentice Hall, 2006, p. 47

Copyright 2009 John Wiley & Sons, Inc. 1-28


Positioning the Firm

 Cost
 Speed
 Quality
 Flexibility

Copyright 2009 John Wiley & Sons, Inc. 1-29


Positioning the Firm:
Cost
 Waste elimination

relentlessly pursuing the removal of all waste
 Examination of cost structure

looking at the entire cost structure for
reduction potential
 Lean production

providing low costs through disciplined
operations

Copyright 2009 John Wiley & Sons, Inc. 1-30


Positioning the Firm:
Speed
 fast moves, fast adaptations, tight linkages
 Internet

conditioned customers to expect immediate responses
 Service organizations

always competed on speed (McDonald’s, LensCrafters, and
Federal Express)
 Manufacturers

time-based competition: build-to-order production and
efficient supply chains
 Fashion industry

two-week design-to-rack lead time of Spanish retailer, Zara

Copyright 2009 John Wiley & Sons, Inc. 1-31


Positioning the Firm:
Quality
 Minimizing defect rates or conforming to design
specifications; please the customer
 Ritz-Carlton - one customer at a time
 Service system is designed to “move heaven and
earth” to satisfy customer
 Every employee is empowered to satisfy a guest’s
wish
 Teams at all levels set objectives and devise quality
action plans
 Each hotel has a quality leader

Copyright 2009 John Wiley & Sons, Inc. 1-32


Positioning the Firm:
Flexibility
 ability to adjust to changes in product mix,
production volume, or design
 National Bicycle Industrial Company

offers 11,231,862 variations

delivers within two weeks at costs only 10%
above standard models

mass customization: the mass production of
customized parts

Copyright 2009 John Wiley & Sons, Inc. 1-33


Policy Deployment

 Policy deployment
 translates corporate strategy into measurable
objectives
 Hoshins
 action plans generated from the policy
deployment process

Copyright 2009 John Wiley & Sons, Inc. 1-34


Policy Deployment

Derivation of an Action Plan Using Policy Deployment


Copyright 2009 John Wiley & Sons, Inc. 1-35
Balanced Scorecard

 Balanced scorecard
 measuring more than financial performance
 finances
 customers

 processes

 learning and growing

 Key performance indicators


 a set of measures that help managers evaluate
performance in critical areas

Copyright 2009 John Wiley & Sons, Inc. 1-36


Balanced Scorecard
Balanced Scorecard Worksheet

Copyright 2009 John Wiley & Sons, Inc. 1-37


Balanced Scorecard

Radar Chart Dashboard

Copyright 2009 John Wiley & Sons, Inc. 1-38


Operations Strategy

Services Process
and
Products
Technology

Human
Resources Quality
Capacity

Facilities Sourcing Operating


Systems

Copyright 2009 John Wiley & Sons, Inc. 1-39


Organization of This Text:
Part I – Operations Management
 Intro. to Operations and
Supply Chain Management: Chapter 1 *
 Quality Management: Chapter 2 *
 Statistical Quality Control: Chapter 3 R
 Product Design: Chapter 4 *
 Service Design: Chapter 5 *
 Processes and Technology: Chapter 6 R
 Facilities: Chapter 7 *
 Human Resources: Chapter 8 FR
 Project Management: Chapter 9 *

Copyright 2009 John Wiley & Sons, Inc. 1-40


Organization of This Text:
Part II – Supply Chain Management
 Supply Chain
Strategy and Design: Chapter 10 *
 Global Supply Chain
Procurement and Distribution: Chapter 11 P
 Forecasting: Chapter 12 *
 Inventory Management: Chapter 13 *
 Sales and
Operations Planning: Chapter 14 FR
 Resource Planning: Chapter 15 R
 Lean Systems: Chapter 16 R
 Scheduling: Chapter 17 *
Copyright 2009 John Wiley & Sons, Inc. 1-41
Learning Objectives of
this Course
 Gain an appreciation of strategic importance of
operations and supply chain management in a
global business environment
 Understand how operations relates to other
business functions
 Develop a working knowledge of concepts and
methods related to designing and managing
operations and supply chains
 Develop a skill set for quality and process
improvement

Copyright 2009 John Wiley & Sons, Inc. 1-42


Copyright 2009 John Wiley & Sons, Inc.
All rights reserved. Reproduction or translation
of this work beyond that permitted in section 117
of the 1976 United States Copyright Act without
express permission of the copyright owner is
unlawful. Request for further information should
be addressed to the Permission Department,
John Wiley & Sons, Inc. The purchaser may
make back-up copies for his/her own use only
and not for distribution or resale. The Publisher
assumes no responsibility for errors, omissions,
or damages caused by the use of these
Copyright 2009 John Wiley & Sons, Inc. 1-43

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