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MANAGEMENT AND OPERATIONS
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SIGNFICANCE OF OPERATIONS MANAGEMENT IN •Operations management has the crucial role in the Superdrug Store Plc. as it manages the problems such as designing, operations, and maintenance of system utilised for manufacturing of goods. •The operations management is significant to operated all the types of management in Superdrug.
MASS PRODUCTION IN OPERATIONS MANAGEMENT •In various sectors, the craft production started to be replaced by the mass production in nineteenth century. •Mass production involves manufacturing products in higher volume with lower variety: the opposite of craft production. Superdrug Store Plc. does not make mass production. •The significant innovation in operations, which created mass production possible was standardised system as well as interchangeable parts considered as the ‘American system of manufacture’
APPROACHES OF OPERATIONS MANAGEMENT •Flexible specialization •Quality management concepts (Six sigma and Kaizen approach) •Lean production
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FLEXIBLE SPECIALIZATION •The modern paradigm of the company is diffusing in various industrialized nations, stating the transition from mass production to flexible production. •Superdrug Store Plc. also makes shifting to the flexible as well as smaller-batch production.
JUST IN TIME APPROACH •The Just in time (JIT) approach is relevant for making the inventory strategies. •Also, this is very significant in the production process in Superdrug Store Plc. •The main objective of this approach is to decrease the cost by saving the money upon the inventories related expenses.
SIX SIGMA AND KAIZEN APPROACH •Kaizen with Six sigma ensures the continuous improvement through all aspects of life. •Superdrug Store Plc. uses the Kaizen approach to improve business’s functions. •Six sigma approach helps to make breakthrough improvement in current procedure.
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ROLES OF LEADER AND FUNCTIONS OF MANAGER IN SUPERDRUG STORE PLC. Roles of leaderFunctions of manager Focus on peopleFocus on thing Take the risksControl the risks Make the relationsMake process and system Change the agentMaintain status quo Find the people to assign tasks Allocate the tasks Create the visionMake the goals Does the things right Does the right things
HOW SITUATIONS AFFECT FUNCTION OF MANAGER AND ROLE OF A LEADER •There are various leadership theories, which influence the role of leader as well as function of the manager. •The four leadership style of telling, participating, selling, as well as delegating proposed in situational leadership style may be used by Superdrug Store Plc. as per motivational requirements of the subordinate.
CONTEMPORARY BUSINESS ENVIRONMENT In Superdrug Store Plc., the relationship between leadership and management is well defined in following context- •Corporate social responsibility •Culture •Value •Ethics
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RELATION BETWEEN MANAGEMENT AND LEADERSHIP IN THE CONTEMPORARY BUSINESS ENVIRONMENT •The corporate social responsibility of the manager and leader is the process of broad spectrum. •Superdrug Store Plc. has defined the corporate social responsibility to the mangers and leaders. •It includes not only the complete cycle of formation of products as well as marketing however also interpersonal relationship.