Transformed resources

• Materials


  Materials are the basic elements used in the production process and consist of 2 types

  Raw materials - are the essential substances in their unprocessed (natural or raw) state and usually come from mines, forests, oceans or recycled wastes

  Intermediate goods - are goods manufactured and used in further manufacturing or processing
• Overall


  Are those inputs that are converted in the operations process

  Those that give the operations process its purpose or goal
• Information

  Knowledge gained from research, investigation and instruction, which results in an increase in understanding
• Information

  • Acts as a transformed resource when it is used to inform how inputs are used, where they are drawn from, which suppliers and supplies available
• Internal information sources

  • Past financial reports
  • Internal reports
  • Key performance indicators like production data and inventory turnover rates
• External information sources

  • ABS
  • Media reports
  • Academic papers
  • Journals
  • Comparative studies
• New technology information


  Influences purchasing of machinery
• Customers


  Customers become transformed resources when their choices shape inputs

  Their desires and preferences help direct the nature and volume of outputs, which wil require changes to the operations function