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Mind Map of Operation Management

This is a Mind Map of Operation Management. The management of business procedures to achieve the best level of productivity within an organization is known as operations management (OM). In order to increase an organization's profit, it is concerned with transforming resources like labor and materials into products and services as effectively as feasible. In EdrawMind community, you can get more templates of mind maps or other topics in study, work and life.

Edited at 2022-06-24 14:56:46

Low Michelle

Mind Map of Operation Management

Low Michelle

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Outline

Operation Management

Lesson

Week 1 Introduction

Roles of Operation Manager

Importance to Study OM

Productivity

Week 2 Operation Strategy

Factors Affecting Mission

Philosophy and Values

Environment

Profitability and Growth

Public Image

Customers

Strategy required manager

Develop action plan

Ensure supporting strategies

Exploit opportunities & strengths, neutralize threats, avoid weaknesses

SWOT Analysis

Strategic Process

Organization’s Mission

Functional Area Mission

Marketing

Operations

Finance Accounting

Strategies for Competitive Advantage

Differentiation

Cost Leadership

Response

Strategy Development Process

Analyze the Environment

Determine the Corporate Mission

Form a Strategy

Competing on

1. Differences 2. Cost 3. Response

Global Operations Strategy

Global Strategy Transnational Strategy International Strategy Multidomestic Strategy

Week 3 Human Resources

Constraint

Product strategy(What)

Schedules(When)

Location Strategy(Where)

Process Strategy(Procedure)

Individual differences(Who)

Layout strategy(How)

Job Design

1.Job specialization 2.Job expansion 3.Psychological components 4.Self-directed teams 5.Motivation and incentive systems

Method Analysis

Flow Diagram

Process Chart

Operations Chart

Activity Chart

The Visual Workplace

Lesson

Week 4 Forecasting

Types

1. Economic forecasts 2. Technological forecasts 3. Demand forecasts

Method

Qualitative

Jury of Executive Opinion

Delphi Method

Sales Force Composite

Market Survey

Quantitative

Naive approach

Moving averages

Exponential smoothing

Common Measures of Error

Week 5 Goods and Services Design

Objectve

Develop and Implement Strategy

Meets Demand and Stay Competitive

Quality Function Deployment

House of Quality(Part of Process)

Product Life Cycle & Strategies

Product Development Continuum

Service Design

Week 6 Supply Chain Management

Six Sourcing Strategies

Many suppliers Few suppliers Vertical integration Joint ventures Keiretsu networks Virtual companies

Bullwhip Effect (Excessive Inventory)

RFID

Ethics

Challenges

Forecasting Method

Calculation

Formula

Oral Presentation

Basic English

Introvert (Not dare to speak openly)

How to put Theory into Pratice in Real Life

Workload

Benefit

Many aspects of the course are core activities of organization

My Career - Human Resource

Apply in Real Life and Work Place

Life Lessons

Michelle Low Pei Xin MBA2109012 Oral Reflection + Mindmap