MT435_01_Bryant_Stephanie_Unit 3 Journal

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Purdue Global University *

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OPERATIONS

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Industrial Engineering

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Dec 6, 2023

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docx

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3

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Unit 3 Journal Stephanie Bryant Purdue University Global MT435-01: Operations Management Instructor: Dr. Christopher Roberts October 10 th , 2023
Unit 3 Journal Value analysis is used when a company wants to reduce costs by analyzing the value of a product that they are selling. Value analysis breaks down a product or service into components, it enables you to analyze each component on its own, evaluating its importance and efficiency (Small Business Chron, 2020). Value analysis can benefit a company in many ways and reduce costs for a company when creating a product. It is done by identifying parts of a product or service that are not worth it, therefore by eliminating them it reduces time and effort needed for the product. Service blueprinting is a diagram that displays the entire process of service delivery, by listing all the activities that happen at each stage, performed by the different roles involved (Service Design Tools, n.d.). Service blueprinting is a method that is shown in a diagram with interactions between two lanes. There are many benefits to service blueprinting like improving a service and designing a new service. With designing a new service, using service blueprint allows a company to create a prototype and test it out before selling it to consumers. The queue discipline indicates the manner in which the units are taken for service (Science Direct, 2023). This method follows first come, first serve or first in, first out where the service is arranged by which customers were first. This method can be a benefit for a business because it allows for more efficiency with the supply chain and the transport system. The queue discipline method is also fast, flexible, and can handle data and multiple tasks. This can eliminate time being wasted and can help a company manage their customers.
References Science Direct. (2023). Queue Discipline: Queueing Systems: General Concepts. Retrieved from https://www.sciencedirect.com/topics/mathematics/queue- discipline Service Design Tools. (n.d.). Service Blueprint. Retrieved from https://servicedesigntools.org/tools/service-blueprint Small Business Chron. (2020, September 19). What are the Benefits of Value Analysis? Retrieved from https://smallbusiness.chron.com/benefits-value-analysis- 41686.html
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