Table of content •Introduction •Key approaches to operation management •Importance and value of operation management •Business environment impact upon operational management •Conclusion •References
Introduction Management and operations is a concept which is concerned with planning, creating of business operations. It is business function which is accountable for carry out the production process of goods and services.
Key approaches to operation management Operation management consists of designing and creating business operations. It is also concerned with turning raw materialintofinishedgoodsbyconsideringmethodof production.Inthis,therearesomekeyapproaches considered by Sainsbury's to accomplish their goals in time.
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Continue... Six sigma:In this, company has opportunity to produce products free of defects and improve quality of output. Just in time:his process is also beneficial for Sainsbury's as it helps company in producing goods more goods by reducing inventory costs. Total quality management:In this, they are accountable for making valuable products to satisfy consumers needs and demands.
Importance and value of operations management Operationmanagementisamethodofsupervisingthe production and manufacturing processes. It is a important aspectinachievingbusinessgoalsandobjectives.The manager of company also plays a crucial role in planning, organising, controlling business operations effectively and systematically.
Factors within business environment Business environment refers to factors that affects firms abilityandoperationwithinorganisation.Itinvolves externalandinternalfactorswhichaffectsoperation management and decision making of leaders and managers of company.
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CONCLUSION Theabovementionedreportstatedthatoperations managementisimportantforplanning,creatingand designingoperationofcompany.Inthis,leadersand managersalsoplaysanessentialroleinachieving organisational goals and objectives.
References Aki, H., Wakui, T. and Yokoyama, R., 2016. Development of an energy management system for optimal operation offuelcellbasedresidentialenergysystems. InternationalJournalofHydrogenEnergy.41(44). pp.20314-20325. Alderton, P. and Saieva, G., 2013.Port management and operations. Taylor & Francis.
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