Platts and gregory approach - operation management, Operation Management

Assignment Help:

Platts and Gregory Approach - Operation Management

The Platts and Gregory approach has three steps and is based on the approach of comparing what the market wants with how the operations function performs. The three stages are as follows:

Step 1 The market position is assessed in terms of opportunities and threats faced by the organisation in its competitive market(s). It involves identifying the factors which are required by the market and compared to the level of achieved operations performance. The procedure compares 'profiles' of market requirements and actual operational performance. This is illustrated in this figure.

Step 2 The capabilities and practices of the operation are assessed in order to establish how they contribute to factors required by the market determined in step 1.

Step 3 Concerns the consideration of alternatives and development of new operations strategies in order to close the gaps identified in steps 1 and 2.

1178_Platts and Gregory Approach – Operation Management.png


Related Discussions:- Platts and gregory approach - operation management

Layout decisions, advantages and disadvantages of product-oriented layout

advantages and disadvantages of product-oriented layout

Propose process improvements, propose process improvements, and justify you...

propose process improvements, and justify your reasons, for the improvements, to the flowchart for answering calls.

Describe do not have to be at the same level of the wbs, All work packages ...

All work packages in a project: Answer Do not have to be at the same level of the WBS Must be at the same level of the WBS Do not have to be referenced in the Work Brea

Explain risks identified in the project charter, Risks identified in the pr...

Risks identified in the project charter include events that if they occur will have either a positive or a negative effect on a project's objectives.

Describe questionable behaviour, Please answer a detailed explanation for t...

Please answer a detailed explanation for the following scenario: Your Company has recently hired a new employee for an upper level management position. They have performed exceptio

What are individual and group decisions, What are individual and group deci...

What are individual and group decisions? Individual decisions are taken through a single individual in context of routine decisions whether guidelines are already given. Group

Energy use in multiplicative seasonal factors, An Electric Company estimate...

An Electric Company estimates its demand trend line (in millions of kilowatt hours) to be D = 76 + 0.55 Q, where Q refers to the sequential quarter number and Q=1 for winter 2000.

Forecasting, what are the different steps in quantitative forecasting in ma...

what are the different steps in quantitative forecasting in manufacturing

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd