Products and Processes

Amiya K. Chakravarty
Additional contact information
Amiya K. Chakravarty: DM School of Business Northeastern University

Chapter 3 in Supply Chain Transformation, 2014, pp 53-87 from Springer

Abstract: Abstract Products and processes are the fundamental building blocks of a company’s operations, and they play a major role in determining the competitive positioning of a company. A product can be conceptualized as a bundle of attributes. Each such bundle is a version of the product and, the set of versions of a product offered by a manufacturing company is the product-variety. While the attributes of quality and customization are stipulated by the customer, others such as technology, manufacturing processes, components, logistics, and postponement are controlled by the manufacturer along with the distributor and retailer. Product realization requires processes: manufacturing, and services. They are the steps by which value is added to satisfy the expectations of customers. Processes transform inputs (actions, methods, and operations) into outputs (products). They interact with other processes in the supply chain, as outputs from one process become the inputs to another. Each process is therefore part of a larger process.

Keywords: Supply Chain; Current Product; Customer Preference; Customer Segment; Massive Open Online Course (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-642-41911-9_3

Ordering information: This item can be ordered from
http://www.springer.com/9783642419119

DOI: 10.1007/978-3-642-41911-9_3

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().