Operations - created from Mind Map

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Operations strategy

Improvement

Process design and process analysis

Inventory Management

Supply Chain Management

Sustainability

Six Sigma and Lean

Four perspectives of operations strategy (i.e. top down, bottom up, operations resources and market requirements perspectives)

4Vs

Operations strategy (cost, quality, flexibility, etc) and how they relate to the business strategy of cost leadership vs. differentiation

Main steps of Process Flow Analysis

How do companies improve process performance

How do companies manage process flow variability

Process types (also called product-process matrix) in both product and service operations and why it matters where the company is on the matrix

The three approaches companies have used to reduce the volume-variety trade-offs

The inventory logic in the simulation

The drivers of bullwhip, the approaches that can be taken to reduce it

The phases of supply chain risk management. Explanation on risk identification and mitigation strategies

Learnings from the global supply chain simulation

Definition of sustainability

Environmental sustainability practices

Social sustainability practices

Supplier management practices

The underlying idea of Six Sigma. DMAIC cycle

The underlying idea of Lean. The concept of waste. Characteristics of Lean organizations.