Strategic operations management Essay Example | Topics and Well Written Essays - 1000 words

Strategic operations management - Essay ExampleTherefore, the understanding of customers and market-place is vital in establishing a successful put up chain. An organisation can build a proper supply chain by understanding the constraint of an exiting market. A well managed supply chain can reduce the general cost of an organisation and also can improve customer satisfaction. Just-In-Time (JIT) and lean manufacturing have been a pioneering concept by the Toyota Production System. It can go a long way in helping a company to implement a successful supply chain method. Lean manufacturing was first employed on a global scale in 1980s. This help aims to reduce as well as fend off overall industrial waste (Mason-Jones, 2000).Lean and agile supply chain have been implemented by many of the organisations in present with tremendous success. The stipulation lean comes from leanness i.e. developing a tax stream for eliminating all kind of wastes like time and also to ensure a level sch edule. The term agile comes from agility which transforms to using market understanding and also a virtual corporation for exploiting adept opportunities in a volatile marketplace. Many organisations have implemented both lean and agile supply chain for gaining competitive advantage.Lean method (or lean manufacturing) essentially focuses upon the reduction of wastes from the manufacturing process. The basic principle of this process has been the pull strategy that is based upon the demand from the end of the customers. It is a made-to-stock approach which relies mainly upon completed materials inventory. Toyota performance system have used this method to streamline their overall supply chain. In fact, a major portion of the lean manufacturing has been developed in the Toyota Production System. Lean process tries to avoid sturdiness in manufacturing by calling for the demand of a product to be stable through the utilization of market association and forward planning and also