Business
Supply materials to corporations
Manufacture the materials
Use resources to manufacture
Manage the people involved in manufacturing
Understand the demand of the products
Supply the top quality, with lowest price
Success factors
Low costs
Innovation
Efficiency
Technology based
Large scale for economies of scale
Unique
International
Fast reaction to supply changes/ demand changes
Constant improvements
2.
Challenges
Category
High infrastructure costs
Operational
Inability to quickly adjust to demand
Operational
Lack of experience in such expansion
Management
Lack of technological systems
Innovation/ Operations
Resistance to change
Management
High risks involved with change
Corporate learning/ innovation
Interconnection of current systems
Operations
3.
Benefits
Risks
System can deal with current demand
Increase in demand, will lead to a black-out of space
The workers are used to this system
Old technology, not as efficient
The current system is reliable and works well in the company
New technology can reduce costs, but staying with current will not
4.
Benefits
Risks
Costs has been reduced
Involves some costs of change
More efficient and reliable
May not integrate with current technology and business operations
Increase capability of the business
New technology requires to be edited, may be difficult to do so as required more people to be hired
5.
They did a test run, to make sure the technology fits in well
They started slowly
Edited the technology to their standards before it was to be tested
Updated the prototype very quickly
Improved the time for operations
Reduced the negative impact
Made one system which would fit all
Interconnected systems together