Thursday, December 22, 2011

International Operations Management

International Operations Management
o   Operations Management: the set of activities an organization uses to transform different kinds of inputs into final goods and services
o   International Operations Management: the transformation-related activities of an international
·         The International Operations Management Process
o   Strategic Context
§  Differentiation
§  Cost leadership
§  Focus
o   Standardized vs. Customized Production
§  Acquisition of Resources
Ø  Supply Chain
Ø  Management
Ø  Vertical Integration
Ø  Make-or-buy decision
§  Location Decisions
Ø  Country-related issues
Ø  Product-related issues
Ø  Government policies
Ø  Organizational issues
§  Logistics and Materials Management
Ø  Flow of materials
Ø  Transportation options
Ø  Inventory levels
Ø  Packaging
·         Managing Quality in International Business
§  Quality: totality of features and characteristics of a product or service that bear on its ability to satisfy stated or implied needs
Ø  American Society for Quality Control
§  ISO 9000: 2000
Ø  International set of quality guidelines
Ø  Basis for quality certification
Ø  International Organization for Standardization
·         Total Quality Management
§  TQM: Integrated effort to systematically and continuously improve the quality of an organization’s products and/or services
§  Statistical process control: family of mathematically based tools for monitoring and controlling quality
§  Benchmarking: process of legally and ethically studying how other firms do something in a high-quality way and then either imitating or improving on their methods

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