Showing posts with label Technology in operations and management. Show all posts
Showing posts with label Technology in operations and management. Show all posts

Wednesday, January 25, 2012

Technology in Operations and Management (TOM)

Paul Mulligan - Olin 249 , mulligan@babson.edu , X4595
Session 1 - Jan 25, 2012


Peter Drucker - "Operations is the business of making and moving things"

Productivity vs Efficiency

sources of competitive advantages:
Customer experienc


Session 2 - Jan 30, 2012
Case: Fair Oaks


Demand variability is an important thing that we need to take care of.

Session 3 - Feb 1, 2012
Case - TOOPS Wholesale


Supply chain management and inventory management.

speculative inventory - in commodities market

Session 4 - Feb 6, 2012


Customer Order Decoupling Point (CODP)

Case: Sports Obermeyer


Session 5 - Feb 8, 2012
Case- Zara: IT for Fast Fashion


They create scarcity in Zara by stopping production.
shrinkage is a huge issue in retail.

Session 6 - Feb 13, 2012
Case: Drager (from operating perspective)


Session -  Feb 22, 2012
Discussion of Six sigma


"We have learned to live in a world of mistakes and defective products as if they were necessary to life"
Quality is good if it meets the spec of tolerance.

Session 11: Feb 29, 2012
Case: CVS


Manage the expectations.
Do enough to differentiate but do not do too much. Do enough so that they pay for it.

One of the problems: when your growth rate is bigger than the attrition rate, there is a fake growth. this is actually a problem which can be easily ignored.

Session 12: Mar 5, 2012
Case: We've got Rhythm - Medtronics, Cardiac Pacemakers


Case: Threadless


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Read the TOM-1 Toyota article for Final exam