Operations Management Essay Example | Topics and Well Written Essays - 1500 words - 13

Operations Management - Essay Example The international nature that is evident in the markets as well as competition has made many of the companies that operate globally to make reviews to their operations strategy and the companies are thus moving from the centralized operations to the decentralized ones so that they can benefit from the accessible resources while being closer to the markets. The organizations have also made several changes in the approaches, techniques and operations they employ with the goal of meeting the evolving requirements associated with the market. Companies therefore have to be in competition on the basis of more than one competitive performance goals that include quality, cost, receptiveness, suppleness as well as reliability.Mass customization has therefore developed to be a key goal as in many of the companies and the organizations are developing the build-to-order supply chain so that it can be flexible and responsive. To accomplish mass customization, the build-to-order model has to be ac tively implemented in a variety of industries, company like BMW allows the customers to make changes to the vehicles that they want within six days of the final assembly and this includes an entire change in the colour of the car. This enables the company for example, to build more than half a million permutations of the Z3 since they can be tweaked to the customer’s specifications in the event that he or she wants adjustments.As a result of the escalating international competition as well as a decline in the profit margins.