This summary will help you understand your exam for operation and supply chain. This summary was made in 2024. This is for the Nyenrode Business University.
Nyenrode Business Universiteit (Nyenrode)
Master of Management
OSCM (OSCM)
All documents for this subject (2)
Seller
Follow
fleur8817
Content preview
Operations & Supply Chain Management Notes
Fleur Bongers
- Group work
- 1 Exam closed book
,Table of Contents
Session 1 .......................................................................................................................... 3
Session 1 Class recap ................................................................................................................ 3
Session 2 .......................................................................................................................... 9
Session 2 Class Recap ............................................................................................................... 9
Session 3 ........................................................................................................................ 17
Session 3 Class Recap ............................................................................................................. 17
Session 6 ........................................................................................................................ 23
Session 5 Class Recap ............................................................................................................. 23
Session 7 ........................................................................................................................ 29
Session 7 Class Recap ............................................................................................................. 29
Session 8 ........................................................................................................................ 34
Session 8 Class Recap ............................................................................................................. 34
Session 9 ........................................................................................................................ 38
Session 9 Class Recap ............................................................................................................. 38
Session 10 ...................................................................................................................... 42
2
,Session 1
Book: Chapter 1 and 2 & Zara mini case
Session 1 Class recap
Transformation process
What is an operation? Value-added. Operation therefore is a transformation where
resources are used to add-value, for example NS that uses train to transport people and
people pay for that service.
o Transformation meganism
▪ Transporting
▪ Repairing
▪ Storing
o Outputs
▪ Products
▪ Services
o Control (monitoring, surveillance etc) to check if there is maximum added
value. Make quality acceptable.
o Inputs
▪ Material
• Manufacturing
• Postal service
• Mining
▪ Information
• Telecoms company
• Bank headquarters
• Accountants
▪ Customers
• Hospitals
• Hotels
• Dentists
▪ Capital
Operations management: management of the transformation process in an effective and
efficient way.
3
, So inputs → transformation → output → control
This will be asked in the exam.
- What are the outcomes of operations?
- Why do we need to manage operations?
- Do all businesses have operation?
o Banking sector: sell investment opportunities
o Manufacturing sector: sell lithography
o Hospitality sector: sell accommodation services
Supply chain is impacted a lot and can impact the economy as a whole.
Why manage it? Because it is en process to operate en you need to find out how to utilize
everything.
Profit = revenue – cost
P = (p*Q) – C
We have to take into account the costs of everything and therefore manage operations.
Within operations there is only one business involved.
Supply chain
SCM as a management philosophy
- A systems approach to viewing the supply chain as a whole (Centralized)
- A strategic orientation toward cooperative efforts (Synchronization)
- A customer focus to create unique and individualized sources of customer value
(Customer-oriented)
There are more than 1 businesses involved, whereas operations there is only one business
involved. Synchronizing the system of all the business involved. Everyone is the system
provides or is connected by supply.
- What if the product is a service? → Then it is value chain and NOT supply chain.
supply chain: A sequence of organizations—their facilities, functions, and activities—that
are involved in producing and delivering a product or service.
The sequence:
- Suppliers → … → Final customer
Facilities:
- Warehouses, factories, processing centers, offices, distribution centers, and retail
outlets.
4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller fleur8817. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.22. You're not tied to anything after your purchase.