Introducing Operation strategy

An operation strategy is a plan of action designed to achieve the goals of an organization's operations function. The strategy aims to align the organization's operational capabilities with its business goals, customers, and market demands. A well-designed operation strategy can improve an organization's competitiveness, efficiency, and profitability.

One important aspect of operation strategy is to determine the organization's value proposition, which refers to the unique way in which the organization creates value for its customers. This can involve understanding customer needs, identifying areas where the organization can differentiate itself from its competitors, and developing a strategy to deliver that value to customers.

Another critical element of operation strategy is to optimize the organization's operational capabilities, including its people, processes, and technology. This involves identifying areas where the organization can improve efficiency, reduce costs, and increase productivity while maintaining quality standards.

The use of technology is becoming increasingly important in operation strategy. With the rise of digitalization, organizations can use technology to automate processes, gather data, and gain insights into their operations. This can help organizations identify areas for improvement, reduce errors, and enhance productivity.

In summary, a well-designed operation strategy can help organizations achieve their goals by aligning operational capabilities with business objectives, identifying areas for improvement, and leveraging technology to enhance efficiency and productivity. Learn more from the course.

Curriculum

    1. Introduction to the course

    1. Operation strategy matrix.

    2. Reflection after the course

About this course

  • Free
  • 3 lessons
  • Basic level - Procurement Management
  • 20 min
  • No Quiz and No Certificate

Procurement Organization

Next recommended course.

How to organize the Procurement function? Well, there is of course not one single solution on how to organize your Procurement function. Type of business, history of the company, resources available and more influence how the roles and resources are organized. Still, on basic level, I believe showing a generic, modern procurement organization, with roles and responsibilities, is a good way to introduce buyers in training to the procurement function and the challenges faced by a CPO.

YouTube Collection

Selected to fit the Learn How to Source learning path

At Learn How to Source (LHTS), we believe in providing high-quality, accessible learning resources for procurement and supply chain professionals. To enhance your learning experience, we have carefully curated a collection of relevant, accurate, and high-quality YouTube videos that align with the buyer’s learning journey.

These videos are sourced directly from YouTube and remain published on their original platforms. LHTS provides a window into these resources, ensuring learners have easy access to valuable insights without altering or republishing the content.

Since all videos are freely available on YouTube, LHTS does not charge any fees for accessing them. However, we enhance the learning experience by integrating quizzes and a completion certificate, allowing you to track your progress and solidify your understanding.

For full transparency, each course includes references to the original video sources, ensuring credit is given to the content creators while offering you a seamless and structured learning experience.

Explore our curated video collection and advance your knowledge with confidence!

About Learn How to Source

Learn How to Source is an online platform based in Sweden, offering a range of procurement courses accessible globally. It serves as a community where procurement experts share their knowledge through online courses, designed for various experience levels from introductory to expert. Courses are concise, about 30 minutes each, and cover different aspects of procurement, tailored for different buyer roles. The courses focus on practical knowledge, presented by seasoned professionals, and include quizzes and certificates. They can be accessed from any device, emphasizing microlearning for flexibility and efficiency.