Chapter 1 Introduction to Operations and Supply Chain Management Russell and Taylor Operations and Supply Chain Management, 8th Edition Welcome to ISQS 3344 Instructor: Dr. Burns Summer I 2015 SEMESTER Telephone: 834-1547 Email: jburns@ba.ttu.edu Off hrs: by appointment Website: burns.ba.ttu.edu . My web site http://burns.ba.ttu.edu 1-3 Prerequisites • STATISTICS Basic Statistical Concepts • COMPUTER LITERACY • MS Excel • MS Word Copyright 2011 John Wiley & Sons, Inc. 1-4 Seating • The seat you sit in on the second session of class will be your seat for the duration of the class • A seating chart will be ‘made-up’ then . 1-5 Grading • Two exams and a final will be administered, each worth 20% of the course grade • Three homework sets will be required, each worth 10% • Class attendance and participation will be worth 10% © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e Grades • 90-100---A • 80-89.999---B • 70-79.999---C • 97.5-on up---A+ • 92.5-97.4999---A • 90-92.4999—A- Copyright 20011 John Wiley & Sons, Inc. 1-7 Class Pedagogy • • • • • • Won’t show any movies Video clips are OK, however PowerPoint Simulations, where possible Lectures--more informal Interactive Discussions Copyright 2015 John Wiley & Sons, Inc. 1-8 How Long does it take you to do stuff? • Do you know? • Suppose your employer assigns a task to you and asks you how long it will take you to do it? Could you tell him/her? • Do you have a tendency to underestimate how long it takes you to do stuff? Copyright 2015 John Wiley & Sons, Inc. 1-9 About me • • • • PhD … in Engineering from Purdue PMP certification by PMI CIRM credential by APICS My worldview, my cognitive lens © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e Questions • How big is the U.S. economy in terms of GDP? What is the world-wide GDP? • How big is the U.S. population in relation to the rest of the world? • What percentage of worldwide nonrenewable resources are consumed just in the U.S. alone? Copyright 2015 John Wiley & Sons, Inc. 1-11 More questions • Is the U.S. leadership in terms of material standard of living sustainable? • What does it take to make it sustainable? • What is causing the devaluation of the dollar? Will that devaluation continue? • Is there anything good that comes from devaluation of the dollar? • What’s bad about the $ devaluation? Copyright 2015 John Wiley & Sons, Inc. 1-12 What are some of the biggest problems our country (U.S.A.) faces? • • • • • • • The war on terror Mexican border out of control The national debt; the budget and trade deficits Contributions to global warming High energy costs Health care is too expensive Major employers like banks tanking Copyright 2015 John Wiley & Sons, Inc. 1-13 What solutions do you foresee to America’s problems? • Massive Jobs growth (particularly high-value jobs) and Immigration of tax-paying, foreign professionals • Strong productivity growth • Sell Resources owned by the Federal Gov. • • • • • Oil on Federally-owned lands Gas on Federally-owned lands Coal on Federally-owned lands Uranium on Federally-owned lands Electricity (solar and wind farms on federally-owned land) • BUY AMERICAN Copyright 2015 John Wiley & Sons, Inc. 1-14 The National Debt • Officially, $ 18,455,325,678,402.07 as of today accumulating at the rate of $3.5 billion per day-$139,250 per taxpayer • According to Kotlikoff, the fiscal gap is a stunning $65.9 trillion—that is more than twice the total net worth of the entire country • Social Security and Medicare liabilities are estimated at $40 trillion • No plans for accommodation of the retirements in 77 million baby boomers beginning now Copyright 2014 John Wiley & Sons, Inc. 1-15 Lecture Outline • The Operations Function • The Evolution of Operations and Supply Chain Management • Globalization • Productivity and Competitiveness • Strategy and Operations • Organization of the Text • Learning Objectives of this Course © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-16 Learning Objectives for this Class • Describe what the operations function is and how it relates to other business functions. • Discuss the key factors that have contributed to the evolution of operations and supply chain management. • Discuss how and why businesses operate globally, and the importance of globalization in supply chain management. • Calculate and interpret productivity measures used for measuring competitiveness. • Discuss the importance of operations and supply chain management to a firm’s strategy, and the process of developing, aligning and deploying strategy. © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-17 Operations Management • What is an Operation? • a function or system that transforms inputs into outputs of greater value • Who decides whether the operation added value? The customer • What is Operations Management? • design, operation, improvement and innovation of productive systems • What is a Value Chain? • a series of activities from supplier to customer that add value to a product or service © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-18 Transformation Process • A series of activities along a value chain extending from supplier to customer • Activities that do not add value are superfluous and should be eliminated © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-19 Transformation Process • Physical: as in manufacturing operations • Locational: as in transportation or warehouse operations • Exchange: as in retail operations • Physiological: as in health care • Psychological: as in entertainment • Informational: as in communication © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-20 Operations as a Transformation Process INPUT •Material •Machines •Labor •Management •Capital TRANSFORMATION PROCESS OUTPUT •Goods •Services Feedback & Requirements © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-21 The Operations Function • • • • • • • • • • Organizing/designing work Selecting/designing processes Arranging/designing layouts Locating facilities Designing jobs Measuring performance Controlling quality Scheduling work Managing inventory Planning/designing production © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e What are some OM entry-level titles? • • • • • • • • • • PROJECT MANAGER BUSINESS PROCESS ANALYST INVENTORY ANALYST PROJECT COORDINATOR UNIT SUPERVISOR SUPPLY CHAIN ANALYST MATERIALS MANAGER QUALITY ASSURANCE SPECIALIST PRODUCTION SCHEDULER LOGISTICS PLANNER Copyright 2015 John Wiley & Sons, Inc. 1-23 Operations Function • Operations • Marketing • Finance and Accounting • Human Resources • Suppliers © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-24 Sample Organizational Structure CEO Chief Executive Officer CFO Chief Financial Officer COO Chief Operating Officer CIO Chief Information Officer VP Human Resources VP Operations VP Supply Chain Management VP Marketing © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e C3-25 How is Operations Relevant to my Major? • Accounting • “As an auditor you must understand the fundamentals of operations management.” • Information Technology • “IT is a tool, and there’s no better place to apply it than in operations.” • Management • “We use so many things you learn in an operations class—scheduling, lean production, theory of constraints, and tons of quality tools.” © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-26 How is Operations Relevant to my Major? • Economics • Marketing • Finance • “It’s all about processes. I live by flowcharts and Pareto analysis.” • “How can you do a good job marketing a product if you’re unsure of its quality or delivery status?” • “Most of our capital budgeting requests are from operations, and most of our cost savings, too.” © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-27 Evolution of Operations and Supply Chain Management • Craft production • process of handcrafting products or services for individual customers • Accomplished in a garage or studio of the craftperson’s home • Division of labor—Adam Smith--1776 • dividing a job into a series of small tasks each performed by a different worker • Interchangeable parts—Eli Whitney--1790 • standardization of parts that enabled mass production • Scientific management • systematic analysis of work methods © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-28 Evolution of Operations and Supply Chain Management • Mass production—Henry Ford--1910 • high-volume production of a standardized product for a mass market • Quality revolution—Deming--1980 • an emphasis on quality and the strategic role of operations • Lean production—Ishikawa, Michal Hammer • adaptation of mass production that prizes quality and flexibility © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-29 Historical Eras in Operations Management Era Industrial Revolution Scientific Management Era/Concept Dates Originator Steam engine Division of labor Interchangeable parts Principles of scientific management 1769 1776 1790 James Watt 1911 Frederick W. Taylor Time and motion studies 1911 Activity scheduling chart Moving assembly line 1912 1913 © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e Adam Smith Eli Whitney Frank and Lillian Gilbreth Henry Gantt Henry Ford 1-30 Historical Eras in Operations Management Era Human Relations Operations Research Era/Concept Dates Originator Hawthorne studies 1930 1940s 1950s 1960s 1947 1951 Elton Mayo Abraham Maslow Frederick Herzberg Douglas McGregor George Dantzig Remington Rand 1950s Operations research groups 1960s, 1970s Joseph Orlicky, IBM and others Motivation theories Linear programming Digital computer Simulation, waiting line theory, decision theory, PERT/CPM MRP, EDI, EFT, CIM © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-31 Historical Eras in Operations Management Era Era/Concept JIT (just-in-time) TQM (total quality management) Strategy and Quality Revolution operations Dates Originator 1970s 1980s 1980s Reengineering 1990s Six Sigma 1990s © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e Taiichi Ohno (Toyota) W. Edwards Deming, Joseph Juran Wickham Skinner, Robert Hayes Michael Hammer, James Champy GE, Motorola 1-32 Historical Eras in Operations Management Era Era/Concept Internet Revolution Internet, WWW, ERP, 1990s supply chain management Globalization Dates Originator E-commerce 2000s WTO, European Union, Global supply chains, Outsourcing, Service Science 1990s 2000s © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e ARPANET, Tim Berners-Lee SAP, i2 Technologies, ORACLE, Dell Amazon, Yahoo, eBay, Google, and others China, India, Emerging economies 1-33 Historical Eras in Operations Management Era Era/Concept Sustainability Global warming Carbon footprint Green products Corporate social responsibility (CSR) UN Global Compact © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e Dates Originator Today Numerous companies, statesmen, governments, United Nations, World Economic Forum 1-34 Evolution of Operations and Supply Chain Management • Supply chain management – management of the flow of information, products, and services across a network of customers, enterprises, and supply chain partners © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-35 Globalization • Why “go global”? – – – – – – favorable cost access to international markets Access to cheaper labor response to changes in demand reliable sources of supply latest trends and technologies • Increased globalization – results from the Internet and falling trade barriers © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-36 Hourly Compensation © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-37 GDP per Capita 1-38 Trade in Goods, % of GDP Copyright 2014 1-39 GDP 16.00 Figure 1.7 - GDP (in trillions $US) 14.99 14.00 12.00 10.00 8.00 7.32 5.87 6.00 3.60 4.00 2.77 2.48 2.44 2.19 2.00 1.86 1.85 Russian Federation India 0.00 U.S. China Japan Germany © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e France Brazil U.K. Italy 1-40 Trade in Goods, % of GDP Figure 1.8 - Trade in Goods as % of GDP 80.0 70.0 60.0 Brazil Percent 50.0 China Germany 40.0 India Japan 30.0 Mexico U.S. 20.0 10.0 0.0 2007 2008 © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 2009 2010 2011 1-41 Manufacturing Output $2,500.00 $2,000.00 $1,500.00 China Germany Japan $1,000.00 U.S. $500.00 $0.00 2004 2005 2006 © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 2007 2008 2009 2010 2011 C3-42 Productivity and Competitiveness • Competitiveness • degree to which a nation can produce goods and services that meet the test of international markets • Productivity • ratio of output to input • Output • sales made, products produced, customers served, meals delivered, or calls answered • Input • labor hours, investment in equipment, material usage, or square footage © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-43 Why Productivity?? • Productivity determines Standard of Living which determines, in part, Quality of Life • Countries closely monitor their productivity growth • Did personal computers cause a jump in productivity growth? • What is the most common measure of productivity that countries use? © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e Measures of Productivity How do you increase Productivity? © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-45 Osborne Industries B5*B7 B6*B8 B4/B5 B4/B6 © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e B4/B14 1-46 Percent Change in Input and Output © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-47 Changes in Productivity © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e C3-48 Strategy and Operations • • • • • How the mission of a company is accomplished Provides direction for achieving a mission Unites the organization Provides consistency in decisions Keeps organization moving in the right direction © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-49 Strategy Formulation 1. Defining a primary task • What is the firm in the business of doing? 2. Assessing core competencies • What does the firm do better than anyone else? 3. Determining order winners and order qualifiers • What qualifies an item to be considered for purchase? • What wins the order? 4. Positioning the firm • How will the firm compete? 5. Deploying the strategy © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-50 Strategic Planning Mission and Vision Corporate Strategy Marketing Strategy © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e Operations Strategy Financial Strategy 1-51 Order Winners and Order Qualifiers Source: Adapted from Nigel Slack, Stuart Chambers, Robert Johnston, and Alan Betts, Operations and Process Management, Prentice Hall, 2006, p. 47 © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-52 Positioning the Firm • • • • Cost Speed Quality Flexibility © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-53 Positioning the Firm: Cost • Waste elimination • relentlessly pursuing the removal of all waste • Examination of cost structure • looking at the entire cost structure for reduction potential • Lean production • providing low costs through disciplined operations © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-54 Positioning the Firm: Speed • Fast moves, Fast adaptations, Tight linkages • Internet • Customers expect immediate responses • Service organizations • always competed on speed (McDonald’s, LensCrafters, and Federal Express) • Manufacturers • time-based competition: build-to-order production and efficient supply chains • Fashion industry • two-week design-to-rack lead time of Spanish retailer, Zara © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-55 Positioning the Firm: Quality • Minimizing defect rates or conforming to design specifications • Ritz-Carlton - one customer at a time • Service system designed to “move heaven and earth” to satisfy customer • Employees empowered to satisfy a guest’s wish • Teams set objectives and devise quality action plans • Each hotel has a quality leader © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-56 Positioning the Firm: Flexibility • Ability to adjust to changes in product mix, production volume, or design • Mass customization • mass production of customized parts • National Bicycle Industrial Company • offers 11,231,862 variations • delivers within two weeks at costs only 10% above standard models © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-57 Policy Deployment • Policy deployment • translates corporate strategy into measurable objectives at the worker level • Hoshins • action plans generated from the policy deployment process © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-58 Policy Deployment Derivation of an Action Plan Using Policy Deployment © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-59 Balanced Scorecard • Balanced scorecard • measuring more than financial performance • finances • customers • processes • learning and growing • Key performance indicators • set of measures to help managers evaluate performance in critical areas © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-60 Balanced Scorecard Radar Chart © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e Dashboard 1-61 Operations Strategy Services Products Capacity Facilities © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e Human Resources Sourcing Process and Technology Quality Operating Systems 1-62 Organization of This Text: Part I – Operations Management 1. Intro. to Operations and Supply Chain Management 2. Quality Management 3. Statistical Quality Control 4. Product Design 5. Service Design 6. Processes and Technology 7. Capacity and Facilities Design 8. Human Resources 9. Project Management © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-63 Organization of This Text: Part II – Supply Chain Management 10. Supply Chain Strategy and Design 11. Global Supply Chain Procurement and Distribution 12. Forecasting 13. Inventory Management 14. Sales and Operations Planning 15. Resource Planning 16. Lean Systems 17. Scheduling © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-64 Learning Objectives of this Course • Gain an appreciation of strategic importance of operations and supply chain management in a global business environment • Understand how operations relates to other business functions • Develop a working knowledge of concepts and methods related to designing and managing operations and creating value along the supply chains • Develop a skill set for continuous improvement © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-65 Copyright 2014 John Wiley & Sons, Inc. All rights reserved. Reproduction or translation of this work beyond that permitted in section 117 of the 1976 United States Copyright Act without express permission of the copyright owner is unlawful. Request for further information should be addressed to the Permission Department, John Wiley & Sons, Inc. The purchaser may make back-up copies for his/her own use only and not for distribution or resale. The Publisher assumes no responsibility for errors, omissions, or damages caused by the use of these programs or from the use of the information herein. © 2014 John Wiley & Sons, Inc. - Russell and Taylor 8e 1-66