- Strategic Alliance.
- Collaboration.
- Joint venture.
- Transfer of Technology and Licensing.
- Placing Operations in Foreign Market and After Sales Service.
What do you mean by operations strategy?
Operations Strategy Defined. Operations strategy is concerned with setting the long-term direction of a firm's operations function to best support its overall corporate strategy. In such an environment, firms are actually competing on the basis of information.
What is an example of operations strategy?
One operations strategy might look to improve costs in the creation of the product. Another operations approach is to make the delivery of goods more efficient. An example of improving the creation can include reducing costs of materials with bulk purchases or automating parts of the production line.
- Corporate strategy.
- Customer-driven operational strategy.
- Core competencies strategy.
- Competitive priorities strategies.
- Product or service development strategy.
What are the operational strategies?
An operations strategy is a set of decisions an organization makes regarding the production and delivery of its goods. Organizations may consider each step they take toward manufacturing or delivering a product an operation, and all decisions regarding these various operations are the operations strategy.1 Jul 2021