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Operations Strategies

EasyBiz > Operations > Operations Strategies


  • performance objectives – quality, speed, dependability, flexibility, customisation, cost
  • new product or service design and development
  • supply chain management – logistics, e-commerce, global sourcing
  • outsourcing – advantages and disadvantages
  • technology – leading edge, established
  • inventory management – advantages and disadvantages of holding stock, LIFO (last-in-first-out), FIFO (first-in-first-out), JIT (just-in-time)
  • quality management
    • control
    • assurance
    • improvement
  • overcoming resistance to change – financial costs, purchasing new equipment, redundancy payments, retraining, reorganising plant layout, inertia
  • global factors – global sourcing, economies of scale, scanning and learning, research and development

Extract from Business Studies Stage 6 Syllabus. © 2010 Board of Studies NSW.

  • EasyBiz | HSC Business
  • Marketing
  • Human Resources
  • Finance
  • Operations
  • EasyBio | HSC Biology
  • Heredity
  • Genetic Change
  • Infectious Disease
  • Non-infectious Disease and Disorders
  • Other HSC Subjects
  • EasyChem | HSC Chemistry
  • EasyPhys | HSC Physics

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