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Manufacturing Sector - Operation Strategy
1. Manufacturing has become a global industry with worldwide markets and worldwide suppliers
2. Goods becoming commodity items - differentiated by brand name and service
3. Strategic alliances common
4. Increased reliance on principles of supply chain/ value chain management
5. Increased reliance on increased global use of Internet communications and ERP IT systems
6. Need of centralised supply chain management based of mathematical modelling of strategic cost options
Describe what effective leadership means to you. Who determines a leader's effectiveness? Provide details and examples to support your thoughts.
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• How do you define strategy? • Have you ever held a position that had direct responsibility for strategy formulation or execution? • What was your role in strategy for that
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