- Pic: volume/variety/flexibility
- A focused differentiation: offers differentiated products with customised attributes to a narrow market segment
- Supply chain stability: pegging / backflush / rationing
- Dumping: In economics, "dumping" is a kind of predatory pricing, especially in the context of international trade. It occurs when manufacturers export a product to another country at a price either below the price charged in its home market or below its cost of production. The purpose of this act is sometimes to increase market share in a foreign market or to drive out competition.
- domestic industry protect: domestic content requirement
- Order-filled rate
- Post-failure analysis: One of the critical activities of operations and process resilience is to understand why a failure has occurred. This activity is called post-failure analysis. Accident investigation / failure traceability / complaint analysis /fault-tree analysis
- Fault tree analysis
- Negative risk: mitigate -> transfer -> avoid -> accept http://pmstudycircle.com/2015/04/risk-response-strategies-for-negative-risks-or-threats/
- Positive risk: enhance -> exploit -> accept -> share http://pmstudycircle.com/2015/05/risk-response-strategies-for-positive-risks-or-opportunities/
- recovering from failure: discover -> act -> learn -> plan
- Product volume and delivery speed
- the reason that lack of resilience: a. failure resilience is so fast b. failure resilience is so slow c. neglect the possibility of potential failure d. ignore factors related with failure (the 4 abilities to resilience: respond, monitor, learn, anticipate)
- the first step in CSR: a. developing business issue b. Stakeholder's approval c. measure the impact of environment d. CSR planning
- short-term win in change: plan for visible performance improvements / create those improvements / recognize and reward employees who create the improvements
- why delete steps in change:
- quick assets ratio = (current assets - inventory) / current liability
- EHS
- An approach to decrease appraisal cost is: supplier certificate/
- Hurdle rate: the minimum acceptable rate of return on a project. If the interest rate are declining, which of the following is true about hurdle rate? decrease (interest rate decline, so cost decrease)
- Benchmark: internal / external / non-competitive / competitive / performance /practice
- Feature of small-scaled: located near local knowledge networks rather than centralised; able to respond faster to regional needs and trends; agile and more entrepreneurial management
- Service location is driven by? cost and revenue
- Excess inventory while sales decrease, what is the pressure? Replacement
- Increase output: overlapping
- Introduction speed: prototype / sequence design /concurrent design√
- The most likely way to increase delivery speed: increase order processing / increase safety stock
- Current ratio = 8, benchmark = 1.5
- 3rd party logistics
- Broad ... And ... Are (competitive strategy)
- Make-or-buy decision
- residual income…net present value
- shipbuilding: project costing
- jobbing VS batch: fewer / more setups, more / less production time -> Project - jobbing - batch - repetitive - continuous (Fixed - functional - cell - product)
- five forces analysis
- negative of ERP
A: ERP principles hard to implement
B: change the business process, make the system hard to respond
C: not have the visibility of each functions
说有一个公司的生意在欧洲好像说是source在美国，问怎么样减少greenhouse gas emission是最不好的方法，选项有a) expand to NorthAmerica Market. b) vertically integrate the source. c)cut children’s clothes line. d) only ship at container level
what is the characteristic of decision from execution management? a. decision is influenced by politics b. it is affected by financial situation c. it will make more effective results d.decision contains less experts
disadvantage of lean -> supply chain disruptions
