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Operations (BUSA90229)
Graduate courseworkPoints: 12.5Online
Overview
Availability | September - Online |
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Fees | Look up fees |
In fiercely competitive global and dynamic environments, organisations face increasing pressures to exceed stakeholder expectations across measures such as sustainability, social responsibility, cost, quality, flexibility and innovativeness. Although operations are at the core of an organisation's value adding activities, few organisations build a sustainable competitive advantage around these capabilities.
This subject addresses the analysis, design, management and continuous improvement of business processes. It covers core operations concepts essential for leveraging an organisation’s capabilities to achieve sustainable competitive advantage. It also provides a logical and rigorous approach to plan and control process structure and managerial levers to achieve desired business process performance.
Intended learning outcomes
On completion of this subject, students should be able to:
- Analyse an organisation's processes and evaluate their alignment with the organisation's overall strategy and positioning in the marketplace
- Perform process analysis to identify existing bottlenecks and ways to reduce their impact and improve process efficiency
- Apply frameworks for managing inventory
- Use queuing models to propose relevant solutions to contain the effects of process variability
- Use robust statistical process control techniques to ensure that a given process is fit for purpose
- Apply Six-Sigma and Lean (Toyota Production System) principles to improve process performance
Last updated: 8 October 2024