Operations Rules by David Simchi-Levi
An expert offers a set of rules that will help managers achieve dramatic improvements in operations performance.In recent years, management gurus have urged businesses to adopt such strategies as just-in-time, lean manufacturing, offshoring, and frequent deliveries to retail outlets. But today, these much-touted strategies may be risky. Global financial turmoil, rising labor costs in developing countries, and huge volatility in the price of oil and other commodities can disrupt a company's entire supply chain and threaten its ability to compete. In Operations Rules, David Simchi-Levi identifies the crucial element in a company's success: the link between the value it provides its customers and its operations strategies. And he offers a set of scientifically and empirically based rules that management can follow to achieve a quantum leap in operations performance.Flexibility, says Simchi-Levi, is the single most important capability that allows firms to innovate in their operations and supply chain strategies. A small investment in flexibility can achieve almost all the benefits of full flexibility. And successful companies do not all pursue the same strategies. Amazon and Wal-Mart, for example, are direct competitors but each focuses on a different market channel and provides a unique customer value proposition--Amazon, large selection and reliable fulfillment; Wal-Mart, low prices--that directly aligns with its operations strategy. Simchi-Levi's rules--regarding such issues as channels, price, product characteristics, value-added service, procurement strategy, and information technolog---transform operations and supply chain management from an undertaking based on gut feeling and anecdotes to a science.Professor of Engineering Systems at MIT, David Simchi-Levi is regarded as one of the foremost thought leaders in supply chain management. Planning and Controlling the Supply Chain, which he coauthored, won an award. He founded LogicTools (now part of IBM), a company that provides supply chain planning software and professional services.
| SKU | Unavailable |
| ISBN 13 | 9780262014748 |
| ISBN 10 | 0262014742 |
| Title | Operations Rules |
| Author | David Simchi-Levi |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | MIT Press Ltd |
| Year published | 2010-09-30 |
| Number of pages | 256 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |