Research and Development Strategy

Research and Development Strategy- deals with product and process innovation and improvement

  • Technological leader- pioneers innovation
  • Technological follower- imitates the products of competitors
  • Open innovation- use of alliances and connections with corporate, government, academic labs and consumers to develop new products and processesOperations Strategy- determines how and where a product or service is to be manufactured, the level of vertical integration in the production process, the deployment of physical resources and relationships with suppliers

    Manufacturing Types include

    • Job shops
    • Connected line batch flow
    • Flexible manufacturing systems
    • Dedicated transfer lines
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