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In the landscape of global operations, effective strategy and decision-making are crucial. This guide explores key quantitative tools like the Load Distance Method and Vogel's Approximation Model for optimizing location choices. It dives into qualitative factors including government regulations, labor supply, and union impacts. Remember to align location decisions with your mission and business strategy, considering whether you are cost-driven, quality-driven, or focused on flexibility and delivery reliability. Effective operations strategy ensures your location supports your organizational goals.
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Going Global Operations Strategy COB 300
Location Tools • Quantitative Tools • Load Distance Method (center of gravity) • Transportation Models • LP • Vogel’s Approximation Model • Operations Costs • Qualitative Issues • Government Regulations (or lack of) • Labor Supply (or lack of) • Unions • Raw Material Supply
Strategic Nature of Location Decision • Don’t forget about your mission and business strategy. • Operationally, you need to remember whether you’re: • Cost driven • Quality driven • Delivery reliability driven • Flexibility (volume and variety) driven • Speed driven • Does the location choice support the mission?
…and finally Address any relevant items from “Operations Strategy” section of BM 3 Guidelines