Thursday, March 25, 2010

Production/operation factors

Production/operation factors
Production transforms input into output.Its strengths and weakness are analyzed in terms of the following capability factors.:
  • High level of capability utilization.Economics of scale.
  • Favorable plant location close to row materials and markets.
  • Rich planet portfolio.
  • High degree of integration,both backward and forward.
  • Reliable sources of supply.Amicable supplier relationships.Outsourcing.Ownership of raw material sources.
  • Effective control of production costs.Low cost provider.
  • Existence of good inventory control system.Just-in-time inventory management.
  • State of the art technology.
  • Strategic alliances through technical collaboration with reputed forms aboard.
  • Total equality management.High quality provider.
  • Proper maintenance with minimum of downtime.
  • Information management in terms of accessibility,dissemination,use,security,and linkages with suppliers.
  • Computerization and software development.
  • Lower cost of operation.

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