Operations Rules - (Mit Press) by David Simchi-Levi (Paperback)
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<p/><br></br><p><b> About the Book </b></p></br></br>An expert offers a set of rules that will help managers achieve dramatic improvements in operations performance.<p/><br></br><p><b> Book Synopsis </b></p></br></br><b>An expert offers a set of rules that will help managers achieve dramatic improvements in operations performance.</b><p>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 <i>Operations Rules</i>, 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.</p><p>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.</p><p/><br></br><p><b> Review Quotes </b></p></br></br><br>Chock-full of useful tips, rules, and models that business people can implement immediately. Therein lies the book's true value.--<i>CHOICE</i>--<br><p/><br></br><p><b> About the Author </b></p></br></br><p>David Simchi-Levi is Professor of Engineering Systems at MIT and is considered one of the premier thought leaders in supply chain management. He coauthored the award-winning <i>Designing and Managing the Supply Chain</i>. He is the founder of LogicTools (now part of IBM), which provides software solutions and professional services for supply chain planning.</p>
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