From the category archives:

Operations Management

Changing Attitudes

September 3, 2010 Operations Management

Train travel has had its ups and downs in popularity among the American public. Recently, Amtrak was experiencing a downswing in rider ship along the lines comprising its rail system. Of major concern to Amtrak and its advertising agency, DDB Needham, were the long distance western routes where rider ship had been declining significantly. At [...]

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Retrieval of Information

August 20, 2010 Operations Management

Retrieval is the process of accessing information in long term memory and activating it into consciousness. The retrieved data may then be combined with other material available in short term memory, elaborated on and formed into a coherent package of meaningful information. Therefore, retrieval may be viewed as the means of transferring information from long [...]

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ISO 9000 Certification

August 20, 2010 Operations Management

An international standard of quality With quality becoming the cornerstone of global competition, companies are requiring assurance of standard conformance from suppliers just as their customers are requiring the same from them ISO 9000 certification has also been found too positively affect the performance and stock prices of firms. ISO 9000 a series of five [...]

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Fourth party Logistics

August 19, 2010 Operations Management

The term fourth party logistics provider was by Andersen Consulting. It refers to the evolution in logistics from suppliers focused on warehousing and transportation (third party logistics providers) to suppliers offering a more integrated solution. Among other services fourth party logistics providers include supply chain management and solutions, change management capabilities and value added services [...]

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Radio Frequency identification (RFID)

August 19, 2010 Operations Management

Radio and television are very different from magazines and newspapers when it comes to measuring the size of their audiences. Such media have no visible trace that they have been received. The program and the advertising message are often mixed, and it is difficult to divorce the two. There are four basic ways to measure [...]

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Retail Logistics

August 17, 2010 Operations Management

An integral part of Supply chain management is Logistics Management. The main objective of logistics management is to reduce inventory holding costs and improve profits. Logistics is derived from the French word. In the last decade there have been several well publicized logistics exercises internationally. The Gulf War of 1991 was one of the largest [...]

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Innovations in Supply chain management

August 17, 2010 Operations Management

Vendor Managed Inventory (VMI) VMI is a distribution channel operating system whereby the inventory at the distribution / retailer is monitored and managed by the manufacturer / vendor. It includes several activities, including determining appropriate order quantities, managing proper product mixes, and configuration appropriate safety stock levels. VMI is also called QRIS or the Quick [...]

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Networked computer systems

August 14, 2010 Operations Management

Networked computer systems have allowed the development of organizational intranets and extranets. An intranet is an organizational communication network that uses Internet technology but is accessible only to organizational employees. Many organizations are using intranets as ways for employees to share information and collaborate on documents and projects as well as access company policy manuals [...]

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Communications and Information technology

August 14, 2010 Operations Management

Information technology has radically changed the way organizational members communicate. For example, it has significantly improved a manager’s ability to monitor individual and team performance it has allowed employees to have more complete information to make faster decisions, and it has provided employees more opportunities to collaborate and share information. In addition, information technology has [...]

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Latest Technology

August 13, 2010 Operations Management

The future of wireless technology A shift from voice to data, including enhanced rich MMS on the mobile environment, is driving the noble operators to move towards new wireless technologies. These technologies offer new opportunities in service capabilities significantly improved data rates and latency performance, 3GPP (third generation partnership project) whose organizational partners include standards [...]

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