Operations Management Assessment Matrix

Questions and Answers

What is the total number of dimensions in the Assessment Matrix?

16 (correct)

Which dimension of the Assessment Matrix focuses on Workforce Learning and Development?

DIMENSION 16

DIMENSION 15

DIMENSION 13 (correct)

DIMENSION 14

What is the focus of Dimension 1 of the Assessment Matrix?

Process – Operations – Vertical Integration (correct)

Technology – Automation – Shop Floor Automation

Supply Chain – Horizontal Integration

Organization – Structure & Management

Which of the following is NOT a dimension of the Assessment Matrix?

Financial Management – Cost Analysis Signup and view all the answers

What is the focus of Dimension 16 of the Assessment Matrix?

Strategy and Governance Signup and view all the answers

Which dimension of the Assessment Matrix focuses on Leadership Competency?

DIMENSION 14 Signup and view all the answers

What is the focus of Dimension 4 of the Assessment Matrix?

Technology – Automation – Shop Floor Automation Signup and view all the answers

Which of the following dimensions of the Assessment Matrix is related to Inter- and Intra-Company Collaboration?

DIMENSION 15 Signup and view all the answers

What is the primary focus of Dimension 1 in the Assessment Matrix?

Process – Operations – Vertical Integration Signup and view all the answers

What is the characteristic of Band 0 in the Assessment Matrix?

Vertical processes are not explicitly defined Signup and view all the answers

What is an example of a characteristic of Band 1 in the Assessment Matrix?

Resource planning and technical production processes are managed and executed in silos, based on a set of formally-defined instructions Signup and view all the answers

What is the purpose of defining vertical processes in the Assessment Matrix?

To establish a connected, end-to-end data thread Signup and view all the answers

What is the benefit of achieving vertical integration in the Assessment Matrix?

Increased efficiency through connected, end-to-end data thread Signup and view all the answers

What is a characteristic of the Assessment Matrix?

It maps the natural progression of a company's Industry 4.0 strategy Signup and view all the answers

What is the purpose of the Assessment Matrix?

To assess a company's readiness for Industry 4.0 Signup and view all the answers

What is the relationship between the bands in the Assessment Matrix?

They represent a natural progression Signup and view all the answers

What are the three main factors used in the prioritization matrix?

Cost, Key Performance Indicator, Planning Horizon Signup and view all the answers

Which key performance indicator factor relates to the effectiveness of the operation?

Productivity Signup and view all the answers

Which factor in the prioritization matrix is used to determine the timeframe for a project?

Planning Horizon Signup and view all the answers

Which of the following is NOT a factor considered in the prioritization matrix?

Project Scope Signup and view all the answers

What does the 'Proximity Factor' in the prioritization matrix represent?

The alignment of the project with the company's strategic goals Signup and view all the answers

What is the purpose of the prioritization matrix?

To assess the relevance of a project Signup and view all the answers

Study Notes

Assessment Matrix Overview

Covers various dimensions of operational processes, automation, connectivity, intelligence, organization, talent readiness, and strategy/governance.
Features an introduction to the TIER Framework and a Prioritization Matrix.

DIMENSION 1: Process – Operations – Vertical Integration

Vertical integration focuses on linking processes and systems at all levels of the automation pyramid in manufacturing.
Aims to create a connected and continuous data flow throughout the factory.

Band Definitions

Band 0: Undefined
- Vertical processes lack explicit definitions.
- Resource planning and production processes function in silos using informal methods.
Band 1: Defined
- Vertical processes are formally defined and executed by individuals.
- Utilizes analog tools for resource and production management, still in siloed execution.

DIMENSION 2: Process – Supply Chain – Horizontal Integration

Explores the integration of processes across different units and functions within the supply chain.

DIMENSION 3: Process – Product Lifecycle – Integrated Product Lifecycle

Focuses on managing the complete product lifecycle right from inception to disposal.

DIMENSIONS 4-6: Technology – Automation

Discusses various levels of automation, including shop floor, enterprise, and facility automation, emphasizing efficiency and productivity.

DIMENSIONS 7-9: Technology – Connectivity

Examines connectivity on shop floor, enterprise, and facility levels to enhance inter-system communication.

DIMENSIONS 10-12: Technology – Intelligence

Investigates the role of intelligence at shop floor, enterprise, and facility levels, focusing on data analytics and decision-making.

DIMENSIONS 13-16: Organization

Explores talent readiness, leadership competencies, management structure, and collaborative practices within and between companies.
Emphasizes the importance of strategic goals and governance structures in navigating changes and managing risks.

Prioritization Matrix

Introduces key factors for prioritization such as cost, key performance indicators related to productivity and quality, and planning horizons (strategic, tactical, operational).
Includes a case study demonstrating the application of the prioritization matrix, detailing inputs, results, and methodology.

Importance of Alignment

Highlights the need for both competitive strategies and operational frameworks to manage complexity in interconnected processes.
Companies must define their vision and establish guiding principles to aid decision-making and achieve desired outcomes.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Description

Assess your knowledge on operations management concepts, including process dimensions, supply chain integration, and technology automation. Covering vertical integration, product lifecycle, and shop floor automation.