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Business Operations Assignment: B&M

   

Added on  2020-06-05

14 Pages3729 Words241 Views
BUSINESS OPERATIONS AND SYSTEMS

Table of ContentsINTRODUCTION...........................................................................................................................1PART 1............................................................................................................................................1Main components that create an effective management process for B&M............................1Comparison of B&M of their current operation process with ASDA, TESCO andMORRISONS.........................................................................................................................1Possible issues that may arise when going online for B&M and delivering goods to customers................................................................................................................................................3PART 2............................................................................................................................................6PART 3............................................................................................................................................8CONCLUSION..............................................................................................................................10.......................................................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONBusiness operations and systems arethose approaches and enterprise-wide collections ofbusiness processes which is used in many diversified industrial companies (Chang, 2016).B&M was formed in 1978 and they have variety of retail shops in the UK. It operates 450stores across the UK and employs around 20,000 workers. In this assignment, the essential components for effective business operationsmanagement for B&M stores have been discussed. To evaluate the issues in B&M likecentralised/decentralised inventory, delivery chain, customer value chain, cost implications andsustainability, soft systems methodology has been used. Main purpose of this assignment is to discuss about the facilities possible for B&M toenable their customers to order food online and make easy delivering of goods to their door. PART 1Main components that create an effective management process for B&MThere are several components of B&M which create an effective management process forcompany. These processes are discussed as below:Distribution Process: It distributes the products directly to retail shops of company(Gharajedaghi, 2011). It has acquired many warehouses to reduce the time for delivery to nearretail shopping malls. B&M also saves cost of delivery with time by placing warehouses at thecentre of city. Stock Process: B&M purchased its 30% stock directly from China. Retailers adapt thisstrategy because it can offset higher import costs by increasing the volume of sales. Purchase Process: B&M acquires products directly from factories to avoid the situationof overproduction and buy in bulk which gives them opportunities to purchase at low prices. Comparison of B&M of their current operation process with ASDA, TESCO and MORRISONSASDA, TESCO and MORRISONS are big supermarkets which have several branchesacross the world. They have powerful strategies for marketing and utilise effective pricingstrategies to make their products cheap against competitors. These companies are taken as therivals for B&M. Current performance of ASDA, TESCO and MORRISONS is given as below:1

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