Components for effective business operations management for QB FOOD TRADING PTE LTD

Business Operations and Systems

Table of Contents
Part A...............................................................................................................................................3
Components for effective business operations management for QB FOOD TRADING PTE
LTD..............................................................................................................................................3
Methodology for evaluating the issue of QB FOOD TRADING................................................4
Compare and contrast different models.......................................................................................5
Recommendation for maintaining competition in the market.....................................................6
Recommendation how the company should respond to the environmental impact.....................7
Part B...............................................................................................................................................8
Root Definition............................................................................................................................8
CATWOE.....................................................................................................................................9
AS IS............................................................................................................................................9
TO BE........................................................................................................................................10
Part C.............................................................................................................................................10
Discussing the process of turning performance objectives into operations priorities................10
Using a Balanced Scorecard, discussing how the business performance can be measured post
implementation...........................................................................................................................12
Reference List................................................................................................................................13
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Part A
Components for effective business operations management for QB FOOD TRADING PTE
LTD
The authorities of the organisation QB Food Trading will require several components of
effective business management such as forecasting, maintenance, location strategies, purchasing
and quality management (Sarkis, 2017).
Forecasting- The estimating procedures will for the most part help the experts of the association
QB Food Trading to recognize the budgetary figures and measurements inside the association.
Furthermore, the gauging procedure will likewise help the business supervisors of the firm QB
Food Trading to break down their item rates and costs in a compelling manner (Sarkis, 2017).
Also, the gauging procedure will chiefly help the business directors of the association QB Food
to assess the future pattern with the goal that they can build up the items according to the
requirements of the clients. This procedure will likewise help the business specialists of the
organization to set the cost of their items according to the necessities of the Singapore showcase.
Maintenance- The maintenance strategy is one of the best strategies by which the authorities of
an organisation mainly try to maintain proper cost of the products. On that note, the authorities of
the firm must try to engage with the customers so that they can identify the trends of the market
(Sarkis, 2017). However, the maintenance management is also an approach used by the business
managers of a firm to monitor or organise the financial and technical framework of the
organisation. Therefore, this strategy will further help the management of QB Food to organise
their financial and technical frameworks in an appropriate manner.
Location strategies- It is a standout amongst the best methodologies utilized by the business
specialists of an association so as to keep up their reality inside the working business sector.
Moreover, with the assistance if the area techniques, the specialists of the association QB Food
will most likely assistance the clients to find their shops inside the market of Singapore (Zhang et
al. 2015). In a similar setting, the area procedures will likewise help the business administrators
of the firm to acquire an ideal area for the firm so the clients can be pulled in a simpler way.
Purchasing- The purchasing strategies of the organisation QB Food will help the firm to
purchase unique raw materials from the suppliers (Zhang et al. 2015). In addition, the purchasing
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strategy will also be appropriate for a business organisation in order to develop its market
position. On that note, the experts of the firm should endeavour to connect with the clients so
they can recognize the patterns of the market. In any case, the support the executives is likewise
a methodology utilized by the business administrators of a firm to screen or compose the money
related and specialized structure of the association. Accordingly, this methodology will further
assistance the administration of QB Food to compose their budgetary and specialized systems in
a proper way.
Quality management- The quality management strategy will, mainly help the business
authorities to maintain quality within their foods (Zhang et al. 2015). In addition, the quality
management process will also help the management of the QB Food Company to deliver good
quality of foods to the customers. On that note, it can be said that the quality management
process is one of the effective strategies mainly used by the business managers of an organisation
for maintaining the quality of products.
Methodology for evaluating the issue of QB FOOD TRADING
In order to introduce the hybrid model, the authorities of the organisation QB Food Trading will
face several issues within their business process. Therefore, for evaluating the issues, the
authorities of the organisation must try to analyse the 4 Vs of operation management. The 4 Vs
of operation management mainly includes the volume, variety, variation and visibility.
Volume
The volume of the products must be maintained by the authorities of the QB Food Trading in an
appropriate manner. The proper volume of the foods will help the firm to attract the customers in
a large number. In addition, the volume is mainly helps the customers to determine how a
business firm is organised (Bilicki and Roeder, 2016). By organising the business firm in an
appropriate manner, the management of the firm QB Food Trading will be able to maintain a
good reputation among the customers. This will help the firm to develop a sustainable business
process over the online market.
Variety
A wide variety of products and services will mainly help the authorities of the organisation QB
Food Trading to provide proper goods to the customers. In addition, the variety of products will
also help the company to arrange their business process in an effective way. This process will
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