Management and Operations: Approaches, Functions, and Efficiency
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This presentation provides an overview of management and operations, including the key operations of a chosen company, main operational functions, approaches to operational management, effects of external business environment factors, operational efficiencies, and recommendations for future improvements.
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Management and Operations
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Table of Content ■Introduction ■Introduction of the chosen company ■The main key operations of the chosen company ■Main operational functions ■Approaches to operational management ■Effects of external business environment factors ■Operational efficiencies ■Supported recommendations for future improvements ■Conclusion ■References
Introduction The management and operations is refers to management of raw materials into final products to attain the maximum profits of the company. It also includes the designing and manufacturing process according to the company by performing their rules and regulations efficientlywithintheorganization.Thiswillhelptheorganizationtoachievethe satisfaction level of customers which enhance the business of the organization.
Introduction of the chosen company The various type of company has to perform their different activities. Sainsbury is the clothing, groceries and retailing organization that gives their wages around the world. It is veryimportanttorenderthequalitybasesproductsortosatisfytheirdemandsor requirements of customers. They makes the quality good and their results is very aidful to increase competition in at market place.
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The main key operations of the chosen company There are several main operations of company are consider as below: Controlling Directing Organizing Planning
Main operational functions The administrator has to execute the different kindofrolesandresponsibilitiesto handle the all function in the company as wellasitperformtheseveral responsibilitiesthatisneedfulfor Sainsburytoobtaintheirtargetsand goals. Production Marketing Distribution
Approaches to operational management There are different kind of approaches to the operation administration which helps to the company, accordingly whole team members execute their roles as per their demands. Total quality management:According to this, to maintain in the quality is very important for company. Lean manufacturing:The corporation must accent to get rid of the waste material so that non useful outlays can be minimize.
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Effect of external business environment factors The Sainsbury produce PESTEL examination for the recognition of their threads and opportunities. External or internal features effects the company or its productivity. So that the supervisors required to make their strategies to maintain factors. These features are as follow below: Political factors Economic factors Social Factor
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Operational efficiencies The operational efficiency can be built that meet objectives of business or management leadership approaches is helpful to get their Success. Approach of Management-As per this approach the supervisor has to control or handle theactivitiesefficaciouslyorcreateplansthathelpstheadministrationtogettheir objectives.
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Supported recommendations for future improvements The future recommendations as follow below: The schemes or plans can be create effectively so that the objectives of company could be execute. The leader and manager can examine the environmental factors effectively that is external so that they can save their occupation from the negative effects.
Conclusion From the above discussion this can be determined for the company, it is important to execute the operational functions and identify the roles or responsibility of managers. The operation administration approaches is aidful to decrease the defect or improve the product quality. Through the effect of external factors the supervisors can take helpful or needful decisions for the development of corporation.
References Choi,T.M.,Cheng,T.C.E.andZhao,X.,2016.Multi‐methodologicalresearchin operations management. Production and Operations Management, 25(3), pp.379-389. Kopardekar, P. and et. al., 2016. Unmanned aircraft system traffic management (UTM) concept of operations. Saucedo-Martínez, J.A. and et. al., 2018. Industry 4.0 framework for management and operations: a review.Journal of ambient intelligence and humanized computing.9(3). pp.789-801. Venkat, A. and et. al., 2015. Strategic management of operations in the emergency department. Production and Operations Management. 24(11). pp.1706-1723.
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