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23 Cards in this Set
- Front
- Back
• Operations management-
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the management of any aspect of the production system that transforms inputs into finished goods and services
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• Production system-
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the system that an organization uses to acquire inputs, convert the inputs into outputs and dispose of the outputs
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• Operations manager-
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a manager who is responsible for managing an organization’s production system and for determining where operating improvements might be made
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• Responsiveness to customers-
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actions take to meet the demands and needs of customers
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• Efficiency-
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refers to the amount of inputs required to produce a given output
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• Quality-
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refers to goods and services that are reliable, dependable or psychologically satisfying
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• Customer relationship management-
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a technique that uses IT to develop an ongoing relationship with customers to maximize the value an organization can deliver to them over time
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• Best sales practices-
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analyze information and then recommend ways to improve the way the sales process operates
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• Total factor productivity
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-looks at how well an organization utilizes all of its resources– such as labor, capital, materials or energy to produce its outputs¬– = outputs/all inputs
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• Partial productivity-
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measure the efficiency of an individual unit– a more specific measure of efficiency
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• Labor productivity-
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used to draw efficiency comparisons between different organizations– = outputs/direct labor
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• Facilities layout-
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the operations management technique whose goal is to design the machine¬–worker interface to increase production system efficiency
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• Flexible manufacturing-
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operations management techniques that attempt to reduce the setup costs associated with a production system
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• Product layout-
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machines are organized so that each operation needed to manufacture a product is performed as workstations arranged in a fixed sequence
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• Inventory-
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the stock of raw materials, inputs and component parts that an organization has on hand at a particular time
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• Just-in-time inventory system-
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a system in which parts or supplies arrive at an organization when they are needed, not before
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• Process reengineering-
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the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service and speed
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• Boundaryless career-
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a career that is not attached to or bound to a single organization and consists of a variety of work experiences in multiple organizations
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• Establishment-
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learning the ropes of one’s new job and organization
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• Achievement-
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making one’s mark, accomplishing something noteworthy, or making important contribution to the job or organization
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• Mentor-
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an experienced member of an organization who provides advice and guidance to a less experienced worker
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• Career plateau-
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a position from which the chances of being promoted or obtaining a more responsible job are slight
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• Effective career management-
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ensuring that at all levels in the organization there are well-qualified workers who can assume more responsible positions as needed
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