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

Natural resource - factor affecting productivity improvement, Natural Resou...

Natural Resources - Factors Affecting Productivity Improvement Natural resources The manner in which countries use the resources at their disposal is of major importance,

After working for 30 years, After working for 30 years, Ramjee Somjee Dutt ...

After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did

Define job evaluation, Define job evaluation. Definition: Job evaluatio...

Define job evaluation. Definition: Job evaluation is a systematic process of evaluating various jobs of an organization. Depending on the characteristics and needs of a job, jo

Explain inquiring minds want to know, On companion website Read Case Stu...

On companion website Read Case Study: Inquiring Minds Want to Know 1 Build the management-research question hierarchy. 2 What ethical issues are relevant to this study?

Define what is divine command theory, What is Divine Command theory? Given ...

What is Divine Command theory? Given the power gap between God and humanity how do we make the moral demands work? How do we make Divine command theory work?

[email protected], Ask qu2 The historical development of operations...

Ask qu2 The historical development of operations managementestion #Minimum 100 words accepted#

How can controlling asist a manager to become more efficient, How can contr...

How can controlling help a manager to become more efficient?

Explain reasonable accommodation to his religious beliefs, Ras is a member ...

Ras is a member of the Rake Religion whose practice forbids using yard rakes for any other reason than worship. Three times a week, Ras attends religious services where a silver ra

Line balancing, what happens if line balance doesnt exist?

what happens if line balance doesnt exist?

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