Tesco's operations stategy
Title: Tesco's operations stategy
Category: /Entertainment
Details: Words: 3573 | Pages: 13 (approximately 235 words/page)
Tesco's operations stategy
Category: /Entertainment
Details: Words: 3573 | Pages: 13 (approximately 235 words/page)
Executive Summary
Operations Management plays a key role in achieving the main performance objectives of Tesco. Whether the current operation objective is to improve customer service or to increase profitability, the way in which Tesco utilises its resources will have a significant impact. As a consequence, there have been a number of innovative developments in Operations Management that have sought to make use of Tesco resources in a significantly new manner in order to make
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Tab/>Time needed to develop new products/services
Range of products/services
Machine change-over time
Average batch size
Time to increase activity rate
Average capacity/maximum capacity
Time to change schedules
Cost <Tab/>Minimum delivery time/average delivery time
Cost per operation hour
Labour productivity
Added value
Variance against budget
Efficiency
Utilization of resources
(Source: Slack, N., Chambers, S. and Johnston, R. (2004) Operations Management, 4th Ed., London: Pitman Publishing)