Productivity boundary and operating efficiencies, Operation Management

Assignment Help:

Productivity Boundary and Operating Efficiencies

In an alternative approach, Porter (1996) attempts to resolve the issue of trade-offs by introducing the concept of a productivity boundary and operating efficiencies. Porter suggests that the experiences of a firm are determined by its relative position to the productivity frontier shown in this figure. Porter contends that strategic positioning means performing different activities from rivals or performing similar activities in different ways. Whereas operational effectiveness means performing similar activities better than rivals perform them. Porter makes two other observations regarding the productivity frontier. He argues that as companies approach the frontier they are more liable to experience trade-offs: at the frontier only trade-offs. He also contends that the frontier is a moving target which is shifted outwards by new innovations and management approaches. He claims that this model explains the behaviour of Japanese manufacturers in the 1980s. And show that they moved towards the productivity boundary by improving on several fronts at one time: cost, TQM, JIT, increased variety and increased product innovation.

317_Productivity Boundary and Operating Efficiencies.png


Related Discussions:- Productivity boundary and operating efficiencies

Explain continuous inventory system, 1. A reduction in the number of kanban...

1. A reduction in the number of kanbans (given a constant container size) requires A. A reduction in safety stock and/or lead time B. A decrease in safety stock and/or lead t

Provide description of the business model, Create the document with conside...

Create the document with consideration to the following: E-Commerce business plan Use Word Title Page Table of Contents Use of the auto generated table of contents

Explain sells radio frequency inventory, National Scan, Inc., sells radio f...

National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000)Units Feb. 19 Mar. 18 Apr. 10 May. 21 Jun. 16 Ju

Explain ethical principle each violates, Identify three potential unethical...

Identify three potential unethical actions or inactions related to decision analysis and the ethical principle each violates?

Needs the organization to concentrate on service activities, Jan and Joe di...

Jan and Joe disagree on the direction their student organization should take. Jan believes that the organization should focus on social activities while Joe wants the organization

Explain authority to make such an agreement, White, Fring, and Pinkman are ...

White, Fring, and Pinkman are partners in the operation of the A1A car wash. Without Fring's knowledge, White and Pinkman sold 10 percent of their interest in the business and its

Explain can you be innovative in a mature industry, 1. How much of an impac...

1. How much of an impact does "maturity" level of the industry or company have on strategy? 2. Can you be innovative in a mature industry? 3. Can you be conservative in an in

Corporate social responsibility, explain the concept and practice of corpor...

explain the concept and practice of corporate social responsibility (CSR).

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