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technology – leading edge, established
Influences which can be addressed = cost-based competition, quality expectations, technology, globalisation and environmental sustainability.
Description of Strategy
Description of Strategy
Operations invests in new devices or techniques which may impact both transformed and transforming resources.
The syllabus differentiates between leading edge and established technology as outlined below:
Leading Edge Technology
Leading Edge Technology
Define: This is the technology that is most advanced or innovative at any point in time. It may be referred to as being at the cutting edge.
Implications for Operations: Can be relatively expensive for early adopters, and may have installation and operation difficulties. However, may provide the first mover advantages in speed, quality and reduce average costs of production before competitors.
Examples of leading edge technology includes:
Drone Based Delivery Systems
3D Printing in diverse materials including skin
Autonomous vehicles
In Agriculture – using GPS units to precision map areas for planting, ploughing etc
In education – delivery of course material online, tutorials using blogs, forum posts, video conferencing, submission of work by email etc
In transport – the Boeing 787: 50% of materials are advanced composites.
What are the advantages and disadvantages to a business of using leading edge technology?
IKEA and Leading Edge Technology
IKEA and Leading Edge Technology
RESEARCH ONE of the following and how it is used by IKEA:
DIRIGERA Matter Ready Hub
https://www.youtube.com/watch?v=fmNsu379drE&t=60s
1.DyeCoo Textile Systems
2.Design LED Products
3.BoFood
4.Exibea
5.Alelion Batteries
6.Aledia
7.UTS Future Living Lab
8.Xiaomi
9.GrokStyle
Established Technology
Established Technology
Define: Technological devices or techniques that are commonly employed in industry and are no longer novel or new.
Implications for Operations: When technology becomes established it is generally cheaper for operations to purchase and install, and less installation and operation difficulties are encountered. However, businesses may be only catching up with advantages already secured by competitors who embraced the technology when it was leading edge.
Examples of established technologies include:
Barcoding and point-of-sale data for stock management
Robotics for complex and detailed manufacturing
Computer Aided Design/Computer-Aided Manufacturing technology
IT for administration, logistics, input modelling, demand analysis and distribution.
Flexible manufacturing systems for transformation processes.
What are the advantages and disadvantages to a business of using establish technology?
IKEA and Established Technology
IKEA and Established Technology
RESEARCH ONE of the following used by IKEA
1.Board-on-board Frame
2.Board-on-Styles
3.Loading Ledges
4.Particleboard
5.Wet Electrostatic Precipitators
6.Repacking Machines
https://www.ikea.cn/ms/en_CN/about_ikea/our_responsibility/the_never_ending_list/business.html
Metrics to determine if the strategy is effective
Metrics to determine if the strategy is effective
•Reduction in average cost of production
•Increased speed in delivery and shorter lead times for customers (time from order to delivery)
•Increased customisation options and speed of customisation
•Increased flexibility in volumes and response to variety changes
•Increased quality and uniformity of production
•Increased customer satisfaction
•Decreased warranty claims
•Decrease in lost time to maintenance processes and unscheduled maintenance as machinery self-diagnoses issues and maintenance needs
•Less capital is tied up in inventory as automated processes handle inventory purchasing and management on a just in time basis.
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