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1. Operations strategy: a decision and evaluation framework
- Prof. Jan A. Van Mieghem
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2. Operations strategy: competition, competencies & trade-offs
- Prof. Gad Allon
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3. Capacity strategies
- Prof. Brian Tomlin
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4. Inventory and supply chain strategies
- Prof. Jing-Sheng Song
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5. Flexibility
- Dr. Jiri Chod
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6. Operational and financial hedging
- Prof. John R. Birge
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7. Flow optimization strategies
- Prof. Jérémie Gallien
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8. Sourcing strategies
- Dr. Donald Rosenfield
-
9. Contracting in a supply chain
- Prof. Martin A. Lariviere
-
10. Innovation and new product development (INPD)
- Prof. Vish Krishnan
-
11. Service operations strategies
- Prof. Richard Metters
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12. Understanding recurrent and disruptive risk in supply chains
- Prof. Sunil Chopra
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13. How high velocity organizations get ahead and stay ahead
- Dr. Steven J. Spear
-
14. The encroachment framework 1
- Prof. Bo van der Rhee
- Prof. Glen Schmidt
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15. The encroachment framework 2
- Prof. Bo van der Rhee
- Prof. Glen Schmidt
-
16. Sustainability in operations
- Prof. Dr. Arnd Huchzermeier
-
17. Leadership in middle management and operations
- Prof. Christoph H. Loch
-
18. Caterpillar bundles to win: operations strategy in action
- Prof. Sridhar Tayur
Printable Handouts
Navigable Slide Index
- Introduction
- What is flexibility?
- Flexibility vs. efficiency
- Resource flexibility
- Risk pooling
- Risk pooling - example
- Risk pooling - safety capacity and service level
- Two product-dedicated plants v. single flexible one
- Risk pooling - negative v. positive correlation
- Aggregate uncertainty rises in demand correlation
- Revenue maximization
- Operational hedging
- Network flexibility and chaining
- Applications
- Inventory centralization
- Inventory transshipment
- Delaying product differentiation (1)
- Delaying product differentiation (2)
- Component commonality
- Mass customization
- Mass customization - example
- Mass customization relies on three elements
- Make to order and service operations (1)
- Make to order and service operations (2)
- Volume flexibility
- Flexibility and lean operations
- Flexibility and global operations
- Summary
- Thank you
This material is restricted to subscribers.
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
Talk Citation
Chod, J. (2012, December 6). Flexibility [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved May 13, 2025, from https://doi.org/10.69645/RVCN3037.Export Citation (RIS)
Publication History
- Published on December 6, 2012