Ikea More with omple buying parking Limited egr Self-selection by customers Ease of g Most items in Self-assembly by customers "Knock down" Year-round kit packoging stocking anfchuing cost 100 Operations Strategy-An Overview ·Operations Strategy -How the operations function contributes to competitive advantage. ·Competitiveness -A company's position in the marketplace relative to its competition. Competitive Priorities -How the operations function provides a firm with a competitive advantage. -Priorities-Low cost,high quality,fast delivery, flexibility,and service. Operations Management w 44 Operations Management 2–7 Ikea Ikea Operations Management 2–8 Operations Strategy Operations Strategy Operations Strategy – An Overview – An Overview • Operations Strategy –How the operations function contributes to competitive advantage. • Competitiveness –A company’s position in the marketplace relative to its competition. • Competitive Priorities –How the operations function provides a firm with a competitive advantage. –Priorities—Low cost, high quality, fast delivery, flexibility, and service