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WGU C720 OPERATIONS & SUPPLY CHAIN MANAGEMENT KEY CONCEPTS

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WGU C720 OPERATIONS & SUPPLY CHAIN MANAGEMENT KEY CONCEPTS

Institution
WGU C720
Course
WGU C720

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WGU C720 OPERATIONS & SUPPLY
CHAIN MANAGEMENT KEY CONCEPTS




Operations Management - ANS Converts inputs into outputs to add customer value.


Goal of Operations Management - ANS Maximize efficiency while adding value.


Strategy - ANS Organizational goals plus methods to compete.


Competitive Advantage - ANS Delivering what customers want better than competitors.


Ethics - ANS Right versus wrong. Unethical behavior causes long-term damage.


Sustainability - ANS Economic, Environmental, and Social responsibility.


Lean - ANS Cost reduction, stable demand, long life cycle.


Agile - ANS Speed, flexibility, unpredictable demand, short life cycle.


Supply Chain - ANS Flow from raw materials to the customer.


Logistics types - ANS Include inbound, reverse, third-party, and global logistics.

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WGU C720
Course
WGU C720

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