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

Total operation system, critically discuss the total operation system, poli...

critically discuss the total operation system, policies and practices of an organization

Explain technology-intensive method of production, A production method that...

A production method that relies on large quantities of machines and equipment and smaller quantities of labor is referred to as a 1. variable-input-intensive method of productio

Explain the effectiveness of southwest airlines, "Southwest Airlines" Pleas...

"Southwest Airlines" Please respond to the following: • Evaluate the effectiveness of Southwest Airlines execution of its low-cost / low-price / no-frills strategy to the busine

Explain supply base innovation and risk management, Why are supply base inn...

Why are supply base innovation and risk management two future areas that will consume more of the supply manager's day?

Explain wrong dimensions and unevenstitches, Jim's Outfitters, Inc., makes ...

Jim's Outfitters, Inc., makes custom fancy shirts for cowboys. The shirts could be flawed in various ways, including flaws in the weave or color of the fabric, loose buttons or dec

What the cafeteria should use, A cafeteria wants to introduce a new burger,...

A cafeteria wants to introduce a new burger, with bread and beef together weighing at least 1 ounce. The cafeteria manage also wants the new burger to meet a new nutrition standard

Explain the industry life cycle affect business strategy, How does the indu...

How does the industry life cycle affect business strategy? Detail your answer based on each stage: introduction, growth, maturity, and decline. (Please provide example(s) were appl

Explain inventory management technology, Costco is able to keep its invento...

Costco is able to keep its inventory expenditure relatively low through its management technology and cutting-edge point-of-sale inventory management technology. As a result, Costc

Explain increasing the level of confidence, All other things held constant,...

All other things held constant, increasing the level of confidence for a confidence interval estimate for the difference between two population means will result in a wider confide

Describe the relatively poor recent record for unions, What do you think ex...

What do you think explains the relatively poor recent record for unions attempting to organize large bargaining units?

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