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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
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $30, overhead rate is 1.0 times labor co
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