Authoritative answer: Product Process Matrix
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Product Process Matrix | NetIQ was founded in with the flagship product AppManager. The company was acquired by Attachmate in , and subsequently by Micro Focus International in The NetIQ product family focuses on enterprise software for identity and access management, security management, and data center management. 4 days ago · New Products / Growth ¡ Strategy ¡ Product/Market Expansion Grid ¡ BCG Matrix ¡ Source of Volume ¡ Process ¡ Testing Product/Market Expansion Grid ¡ Simple framework ¡ Sets direction for future growth ¡ Brand or product ¡ Options to consider ¡ Synergistic question: ¡ Buy, build, or partner? 2 hours ago · Solution for Product-Process matrix, make to www.informationsecuritysummit.org volume- high www.informationsecuritysummit.orgs. |
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![[BKEYWORD-0-3] Product Process Matrix](http://image.slideserve.com/726769/product-process-matrix-l.jpg)
The product-process matrix is a tool for analyzing the Product Process Matrix between the product life cycle and the technological life cycle. The production process used to manufacture a product moves through a series of stages, much like the stages of products and markets, which begins with a highly flexible, high-cost process and progresses toward increasing standardization, mechanization, and automation, culminating in an inflexible but cost-effective process.
BACKGROUND
A company can be characterized as occupying a particular region on the matrix see accompanying Figure. This region is determined by the firm's stage in the product life cycle and the firm's choice of production process.

At the upper left extreme, firms are characterized as process oriented or Product Process Matrix while the lower right extreme holds firms that are said to be product focused. The decision of where a firm locates on the matrix is determined by whether the production system is organized by grouping resources around the process or the product. Note from the figure that the vertices of the matrix result in four distinct types of operations described by the appropriate process choice located on the diagonal of the matrix. The concept of the product-process matrix was introduced by Robert H.
Hayes and Steven C. Life Cycles. As noted above, some authors include project at the upper-left.
Related Operations Management Q&A
The process choice has important implications for production choice by managers. The matrix is designed not only to describe production choices but to guide managers in making manufacturing decisions.

Projects include large-scale, one-time, unique products such as civil-engineering contracts, aerospace programs, construction, etc. They are typically customer-specific and often too large to be moved, such that practicality dictates that project is the process of choice.

Job Shop. If a manufacturer had broken a large cog on an outdated i. This machine shop along with tool and die manufacturers is probably the primary example of manufacturing job shops. A job shop is Product Process Matrix producer of unique products; usually this product is of an individual nature and requires that the job shop interpret the customer's design and specifications, which requires a relatively high level of skill and experience. Once the design is specified, one Product Process Matrix a small number of skilled employees are assigned to the task and are frequently responsible for deciding how best to carry it out.]
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