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1. Introduction
2. What is flexibility?
3. Flexibility vs. efficiency
4. Resource flexibility
5. Risk pooling
6. Risk pooling - example
7. Risk pooling - safety capacity and service level
8. Two product-dedicated plants v. single flexible one
9. Risk pooling - negative v. positive correlation
10. Aggregate uncertainty rises in demand correlation
11. Revenue maximization
12. Operational hedging
13. Network flexibility and chaining
14. Applications
15. Inventory centralization
16. Inventory transshipment
17. Delaying product differentiation (1)
18. Delaying product differentiation (2)
19. Component commonality
20. Mass customization
21. Mass customization - example
22. Mass customization relies on three elements
23. Make to order and service operations (1)
24. Make to order and service operations (2)
25. Volume flexibility
26. Flexibility and lean operations
27. Flexibility and global operations
28. Summary
29. Thank you

Topics Covered

• Resource flexibility
• Risk pooling
• Revenue maximization
• Operational Hedging
• Network flexibility
• Inventory centralization
• Inventory transshipment
• Delayed product differentiation
• Component commonality
• Mass customization
• Make-to-order and service operations
• Volume flexibility
• Flexibility and lean operations
• Flexibility and global operations

Links

Series:

• Operations Strategy

Categories:

• Technology & Operations

Talk Citation

Publication History

• Published on December 6, 2012