In present scenario of pandemic, IT organisations and Pharmaceutical organisations are growing with full momentum, but other organisations also slowly coming back to track. Banking organisations are first organisations among the recovering sectors. Then comes the industrial and capital goods sectors which are looking interesting and could be among best performers this year. Hence, after the top performing IT and Pharmaceutical organisations, Banking, Industrial and Capital Goods organisations will be top performers this year. Then next top performing organisation would be construction materials organisation like cement and steel sectors.
Question : What are the important differences between manufacturing and service operations ? (Summer 2005) Manufacturing Operations : 1. Manufacturing involve tangible goods production. 2. Manufacturing involve heavy plant and machinery. 3. Raw materials, work in process and finished goods can be inventoried. 4. Maintenance is often preventive and takes place at production site. 5. Customer is not in the most of the process. Service Operations : 1. Services are usually intangible (ex: buying a ride on a vehicle) 2. Services are often produced and consumed simultaneously. 3. Services have inconsistent product definition. 4. Maintenance is often repair and takes place at customer's site.
Comments
Post a Comment
Kindly let me know, if you want to know anything.