Question
In class, we discussed that key elements of deploying the Factory Physics Framework often include: Aligning Operations Strategy with Business Strategy Determining the Portfolio of
In class, we discussed that key elements of deploying the Factory Physics Framework often include:
- Aligning Operations Strategy with Business Strategy
- Determining the Portfolio of Buffers at a Strategic Level
- Assessment of Utilization
- Finding the Bottleneck
- Using a WIPCAP
- Reviewing opportunities to optimize inventory including "Common Components for Assemble to Order"
- Setting Lead-times using the Concept of Due Date Quoting
Please discuss why each of these is important to analyze an operation and how it could be used in an analysis of the following medical device manufacturing business:
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Supply Chain Logistics Management
Authors: Donald Bowersox, David Closs, M. Bixby Cooper
4th edition
78024056, 978-0078024054
