Intro to Business › Section J · Operations management › Topic J.7
Trends in operations management
For decades the goal of operations was simple: lowest cost, leanest stock, longest supply lines if they were cheaper. A run of shocks, new technology and pressure to cut emissions have widened that goal. Operations managers now weigh cost against resilience, speed, skills and sustainability.
In this topic
- The forces reshaping operations
- From just-in-time to just-in-case
- Worked example: is a buffer worth it?
- Reshoring and nearshoring
- Worked example: comparing landed cost
- Industry 4.0 and data-driven operations
- Skills and the workforce
- Sustainable operations
- Common mistakes to avoid
- Key takeaways
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