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Operations Rules

David Simchi-Levi
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      An expert offers a set of rules that will help managers achieve dramatic improvements in operations performance. In recent years, management gurus have urged businesses to adopt such strategies as just-in-time, lean manufacturing, offshoring, and frequent deliveries to retail outlets. But today, these much-touted strategies may be risky. Global financial turmoil, rising labor costs in developing countries, and huge volatility in the price of oil and other commodities can disrupt a company's entire supply chain and threaten its ability to compete. In Operations Rules, David Simchi-Levi identifies the crucial element in a company's success: the link between the value it provides its customers and its operations strategies. And he offers a set of scientifically and empirically based rules that management can follow to achieve a quantum leap in operations performance. Flexibility, says Simchi-Levi, is the single most important capability that allows firms to innovate in their operations and supply chain strategies. A small investment in flexibility can achieve almost all the benefits of full flexibility. And successful companies do not all pursue the same strategies. Amazon and Wal-Mart, for example, are direct competitors but each focuses on a different market channel and provides a unique customer value proposition-Amazon, large selection and reliable fulfillment; Wal-Mart, low prices-that directly aligns with its operations strategy. Simchi-Levi's rules-regarding such issues as channels, price, product characteristics, value-added service, procurement strategy, and information technolog--transform operations and supply chain management from an undertaking based on gut feeling and anecdotes to a science.
      Format: CONTRIBUTORS: David Simchi-Levi EAN: 9780262525152 COUNTRY: United States PAGES: WEIGHT: 336 g HEIGHT: 229 cm
      PUBLISHED BY: MIT Press Ltd DATE PUBLISHED: 2013-09-13 CITY: GENRE: BUSINESS & ECONOMICS / Management, BUSINESS & ECONOMICS / Operations Research, BUSINESS & ECONOMICS / Production & Operations Management WIDTH: 152 cm SPINE:

      Book Themes:

      Production and quality control management, Operational research

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      An expert offers a set of rules that will help managers achieve dramatic improvements in operations performance. In recent years, management gurus have urged businesses to adopt such strategies as just-in-time, lean manufacturing, offshoring, and frequent deliveries to retail outlets. But today, these much-touted strategies may be risky. Global financial turmoil, rising labor costs in developing countries, and huge volatility in the price of oil and other commodities can disrupt a company's entire supply chain and threaten its ability to compete. In Operations Rules, David Simchi-Levi identifies the crucial element in a company's success: the link between the value it provides its customers and its operations strategies. And he offers a set of scientifically and empirically based rules that management can follow to achieve a quantum leap in operations performance. Flexibility, says Simchi-Levi, is the single most important capability that allows firms to innovate in their operations and supply chain strategies. A small investment in flexibility can achieve almost all the benefits of full flexibility. And successful companies do not all pursue the same strategies. Amazon and Wal-Mart, for example, are direct competitors but each focuses on a different market channel and provides a unique customer value proposition-Amazon, large selection and reliable fulfillment; Wal-Mart, low prices-that directly aligns with its operations strategy. Simchi-Levi's rules-regarding such issues as channels, price, product characteristics, value-added service, procurement strategy, and information technolog--transform operations and supply chain management from an undertaking based on gut feeling and anecdotes to a science.
      Format: CONTRIBUTORS: David Simchi-Levi EAN: 9780262525152 COUNTRY: United States PAGES: WEIGHT: 336 g HEIGHT: 229 cm
      PUBLISHED BY: MIT Press Ltd DATE PUBLISHED: 2013-09-13 CITY: GENRE: BUSINESS & ECONOMICS / Management, BUSINESS & ECONOMICS / Operations Research, BUSINESS & ECONOMICS / Production & Operations Management WIDTH: 152 cm SPINE:

      Book Themes:

      Production and quality control management, Operational research

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