The Operation System
2) Transformation Process
The performance characteristics, features, attributes, and other aspects of goods and services, for which customer are willing to give up resources.
The entire series of work activities that add value at each step from raw materials to finished product.
Value Chain Management
The process of managing the sequence of activities and information along the entire value chain.
Requirements For Successful Value Chain Management
Value Chain Strategy:
1) Coordination and collaboration
2) Technology investment
3) Organizational processes
6) Organizational culture and attitudes
A strategic design for how a company intends to profit from its broad array of strategies, processes, and activities.
Obstacles To Successful Value Chain Management
Obstacle to value chain management:
1) Culture attitudes
2) Required capabilities
4) Organizational barriers
Product Quality Dimensions
8) Perceived quality
Service Quality Dimensions
A serie of international quality standards that set uniform guidelines for processes to ensure that products conform to customer requirements
A quality standard that establishes a goal of no more than 3.4 defects per million units or procedures.
The task of getting project activities done on time, within budget, and according to specifications.
A planning tool that shows in bar graph form when tasks are supposed to be done and compares that with the actual progress on each.
A modified version of Gantt chart that list either whole department or specifics resources.
PERT Network Analysis
A flowchart-like diagram that depicts the sequence of activities needed to complete a project and the time or costs associated with each activity.
The longest and most time-consuming sequence of events and activities required to complete a project in the shortest amount of time.