Management and Operations Task-3

This presentation discusses the key approaches to operations management and the role of leaders and managers. It also highlights the importance and value of operations management in achieving business objectives.

Management and
Operations
Task-3

Content
 Introduction
 The key approaches to operations management and the role
that leaders and managers play.
 The importance and the value of operations management in
achieving business objectives.
 Conclusion
 References

Management and operations are the
process which are associated with
the management and controlling
of all the activities and operations
which are carried out within the
association.
Introduction

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This procedure within the business is prime as it mainly focuses
on the maximisation of the profits. In this present assignment
the concept of operation management is coined as the process
of managing the all the information, human resource of the
business so that the working of the business can be carried out
in the most hard-hitting mode.

The key approaches to operations
management and the role that leaders and
managers play.
There are various Key approaches to the operation management
which are necessary to be considered by the business in order
to maintain the standard and quality of their products. To do
so the managers and leaders also plays a vital role in the
business of Tesco.

Just-in- time inventory

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This is the key approach for the business of TESCO as this
approach is mainly concerned with the production of the
inventory at the time of requirement only not before and not
after, through implementing this approach within the business
the manager of the Tesco can also reduce their amount of
waste from the production so that all the unessential cost can
be controlled.

Total quality management

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Total quality management is the approach that will enable the
manager of Tesco to target the standard of quality so that the
business can perform in the effective manner so that the
standard which have been targeted can be matched. It also
focuses on the producing of the product in such a manner that
it can be proven as beneficial for their potential customers by
offering them the value which they have expected.

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Continuous Improvement (Kaizen) : This process is termed as
the lean manufacturing process which mainly concerned with
the improvement of quality, process, safety of the work
culture on a continuous basis. This will allow the manager of
Tesco in their continuous improvement by reducing the cost
and simplifying the process of working with proper customer
satisfaction and profits.

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Performance key indicator : This will allow the business of
Tesco in analysing and measuring their performance. This will
also assist them in determining the success which will get
through the implementation of these particular activity within
their business.

Six-Sigma approach

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This approach will enable the manager of the Tesco to reduce the
defects from their products, process so that the better quality
of product can be offered to their potential customers by
which the overall performance of the business will also be
increased.
All these approach will enable the business to perform in a
systematic way by enhancing their overall business
performance and productivity.

Importance and value of operations
management in achieving business
objectives.
Operational management within the business of Tesco is the
prime function that is to be performed as this will enable the
business in managing their each and every operational
activities so that the business can enjoy maximum profit
margin. For achieving various operational and organisation
objectives the manager of the business have focused on the
various factors of the operation management

Waste reduction
Reduction of the wastage must be done on the prior notice as this
may lead the business of the Tesco with increased cost of their
operations. So in order to reduce the waste the manager of the
respective company have focus on the implementation of Just
in Time approach where the goods and services will be
produce on time according to the quantity required due to
which the cost of producing the extra amount will be
controlled and wastage will be reduced to zero.

Innovation and Improvement
Continuous improvement and innovation will also helps the
manager of the Tesco in operation management to perform
their activity in the most effective manner so that the overall
performance of the business can be enhanced. This will also
leads to increase brand image of the firms as through their
innovation and improvement the customers will get the
product of best and updated quality and up to their
expectation.

Conclusion
From the preceding study, it can be inferred that management
and operation for the business are the vital component as this
helps the business to perform their activities in the most
effective manner. Along with it the PPT have also focus on
the management of business overall quality and performance
by implementing the approach such as Total quality
management, six sigma etc.

References
Baboli, P. T. And et. al., 2014. Energy management and
operation modelling of hybrid AC–DC microgrid. IET
Generation, Transmission & Distribution. 8(10). pp.1700-
1711.
Fiedler, F. R. E. D., 2015. Contingency theory of leadership.
Organizational Behavior 1: Essential Theories of Motivation
and Leadership. 232. pp.01-2015.
Fitzpatrick, J. and et. al., 2015. Non-volatile memory
management system with load leveling and method of
operation thereof. U.S. Patent 9,021,319.

Thank You