World-Class Product Development: The Start of Excellent Operation

Operation, as the function of converting organizations’ resource to valuable output to serve customers and gain the return as rewards and for business growth, has been playing a more and more important role in the intensively competitive market. Operations are the subsequent activities after product...

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Main Author: Mo, Yuanwen
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2009
Online Access:https://eprints.nottingham.ac.uk/23369/
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author Mo, Yuanwen
author_facet Mo, Yuanwen
author_sort Mo, Yuanwen
building Nottingham Research Data Repository
collection Online Access
description Operation, as the function of converting organizations’ resource to valuable output to serve customers and gain the return as rewards and for business growth, has been playing a more and more important role in the intensively competitive market. Operations are the subsequent activities after product development and will be significantly affected by the outcome of product development. The improvement on operation problem through the daily effort is limited and expensive because of changes involved. The excellent operation should starts from the product development. The functions of an organization will be discussed and the importance of the product development to organization and operation are highlighted. Understanding how the product development influences the operation performance and how the product development leads to excellent operation are critical to make the right strategies of product development and allocate right resource to achieve excellent operation from the initial stage. The excellent operation transfers resource to goods and services to meet customer’s need and organization objectives effectively and efficiently. Five performance objectives: cost, dependability, flexibility, quality and speed are set to measure the excellence of the operation performance. In order to achieve that, the product development should consider the requirement of excellent operation and eliminate the potential problem. After the in-depth analysis, VPP can make its operation performance closer to be excellent through enhancement on strategy alignment; value engineering; supply chain; quality design; review and gating point. The performance measurement method of balance scorecard which leads product development to achieve the five performance objectives of excellent operation will be introduced. Building up an effective team to overcome the change and implement the enhancement is required to ensure the product development leads to excellent operation.
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spelling nottingham-233692018-01-25T18:51:29Z https://eprints.nottingham.ac.uk/23369/ World-Class Product Development: The Start of Excellent Operation Mo, Yuanwen Operation, as the function of converting organizations’ resource to valuable output to serve customers and gain the return as rewards and for business growth, has been playing a more and more important role in the intensively competitive market. Operations are the subsequent activities after product development and will be significantly affected by the outcome of product development. The improvement on operation problem through the daily effort is limited and expensive because of changes involved. The excellent operation should starts from the product development. The functions of an organization will be discussed and the importance of the product development to organization and operation are highlighted. Understanding how the product development influences the operation performance and how the product development leads to excellent operation are critical to make the right strategies of product development and allocate right resource to achieve excellent operation from the initial stage. The excellent operation transfers resource to goods and services to meet customer’s need and organization objectives effectively and efficiently. Five performance objectives: cost, dependability, flexibility, quality and speed are set to measure the excellence of the operation performance. In order to achieve that, the product development should consider the requirement of excellent operation and eliminate the potential problem. After the in-depth analysis, VPP can make its operation performance closer to be excellent through enhancement on strategy alignment; value engineering; supply chain; quality design; review and gating point. The performance measurement method of balance scorecard which leads product development to achieve the five performance objectives of excellent operation will be introduced. Building up an effective team to overcome the change and implement the enhancement is required to ensure the product development leads to excellent operation. 2009-09-29 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23369/1/09MBA_MO.pdf Mo, Yuanwen (2009) World-Class Product Development: The Start of Excellent Operation. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Mo, Yuanwen
World-Class Product Development: The Start of Excellent Operation
title World-Class Product Development: The Start of Excellent Operation
title_full World-Class Product Development: The Start of Excellent Operation
title_fullStr World-Class Product Development: The Start of Excellent Operation
title_full_unstemmed World-Class Product Development: The Start of Excellent Operation
title_short World-Class Product Development: The Start of Excellent Operation
title_sort world-class product development: the start of excellent operation
url https://eprints.nottingham.ac.uk/23369/