BE1401 Business Operations and Processes _________________________________________________________________________________ Course Description and Scope The operations function in an organization is responsible for the design and management of systems concerned with the production of goods and services. Operations account for a significant percentage of the value added and cost in any business. With increased competition, firms face constant pressure to deliver timely and high quality product and services. Leading edge companies have met these challenges by enhancing their competitiveness in business operations. Even a small advantage in operations can be the difference between winners & losers in a competitive marketplace. The main objectives of this broad spectrum course are i) to gain an appreciation of the Operations function and ii) to understand the fundamental concepts and techniques necessary for designing, managing and improving operations and processes in both manufacturing and service industries. Analyzing and continuously improving enterprise wide processes is critically important for achieving world class performance in business operations. Hence the course will adopt a "process management" viewpoint while addressing a variety of strategic and tactical issues. Topics covered in the course include Operations Strategy, Process Analysis & Improvement, Process & Service Design, Lean Operations, Inventory Management, Supply Chain Management, Quality Management and SixSigma Operations, Workforce Scheduling and Green & Sustainable Operations. The course will use a mix of lectures, case studies, and problem solving exercises, to introduce the students to the latest tools, techniques, issues and strategies in operations management. Course Assessments Components Class Participation Group Assignment Quizzes Final Examination Total Marks 10 10 20 60 100 Textbook Most of the assigned materials will be provided online on Blackboard (http://edventure.ntu.edu.sg). One should be able to follow the material taught using the assigned readings, cases and lecture notes. However, if a student desires to have a reference text book, then either one of following recommended books is a good choice: Page 1 Distributed by Nanyang Business School, Nanyang Technological University. All Rights Reserved. 1. KRM: LJ KRAJEWSKI, LP RITZMAN and MK MALHOTRA, OPERATIONS MANAGEMENT Processes and Supply Chains, 9th Edition, Pearson Global Edition, 2010, Pearson, ISBN 978-0-13-245891-7 2. SCJ: N Slack, S. Chambers and R. Johnson, Operations Management 6th Edition, Prentice Hall, 2010, ISBN978-0-273-73046-0 Proposed Weekly Schedule Week 1 2 3-4 5 6 7 8 9 10 11 12 13 Topic Introduction to Operations Management World Class Practices Operations Strategy & Competitiveness Introduction to Process Analysis and Improvement Process Analysis and Improvement Little’s Law and Queuing Applications Capacity Analysis Product and Process Design Service Design and Service Operations Project Management Work Force Scheduling & Operations Scheduling Forecasting Inventory Management – EOQ Model, Managing demand uncertainty Inventory Management – MRP and JIT Supply Chain Management Quality Management and Six Sigma Operations Green and Sustainable Operations Page 2 Distributed by Nanyang Business School, Nanyang Technological University. All Rights Reserved.