Category Archives: Chap 01 Introduction

How does data science fit within an organisation?

Having recently blogged about digital transformation (i.e. IoT and AI), it begs the question how data analysts fit into the typical organisation.  Piva (2016), on his blog, suggests that there are four ways this is happening: “Centralised” – analytics is … Continue reading

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“History runs in cycles” – does it?

I’ve been thinking and blogging about the ‘fourth industrial revolution’ (i4.0) recently.  In our book, we discuss how operations and processes evolved through three eras – craft, mass production, and strategic (pages 60-65).  So in our second edition, i4.0 will … Continue reading

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Operations Insight: Big Data – making digital transformations

This Insight is different to most.  Instead of focusing one one operation, it focuses on the topic of ‘big data’ and identifies a few examples of how this technology is being adopted across a range of industry sectors. Google – … Continue reading

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How is artificial intelligence (AI) affecting business?

The MITSloan Management Review, in collaboration with the Boston Consulting Group, have just published a report entitled ‘Reshaping Business with Artificial Intelligence’.  This is based on a global survey of 3,000 executives and in-depth discussions with 30 AI experts.  A … Continue reading

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Second edition of Operations Management

We have begun work on the second edition.  Whilst the content from the first edition will be updated, the new book will include a considerable amount of new content.  Much of this will be familiar to you, as I have … Continue reading

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Operations Insight: Bremont Watches

As explained in our book, there are many industries where craft-based production has almost disappeared, and most goods are made in high volume.  However, the watch industry is one example where some operations are still based around an extremely high … Continue reading

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Research Insight: How blockchain can make the Internet of Things secure

I’ve recently blogged about IoT and blockchain, so I was most interested to come across this conference paper which explains how the latter can be applied to the former.  Fremantle et al (2017) identify that IoT has a number of … Continue reading

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Putting the hotel industry in context

Last year, Marriott acquired the Starwood chain of hotels.  This made it by far the largest hotel chain in the world with 6,000 hotels, over 1 million hotel rooms,  located in 122 countries.  So where does this rank Marriott in … Continue reading

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Work has begun on a new edition of Operations Management

We had a great meeting with our publisher Oxford University Press this week.  We are working on bringing out a new edition of the book in 2018.  This will feature a slight restructuring of the text into three main parts … Continue reading

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Artificial intelligence – how it might impact on business success

A new discussion paper from mckinsey.com – “How artificial intelligence can deliver real value to companies”.  It includes a survey of 3,000 ‘AI aware companies’ across the world.  This suggests that early adopters of this technology have higher margins than … Continue reading

Posted in Chap 01 Introduction, Sector: Energy & Utilities, Sector: I.T. & ecommerce, Sector: Manufacturing, Sector: Public Services & Charities, Sector: Retail | Tagged | Leave a comment