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Management and operation
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Table of Content •Introduction •Key approaches of Operation and management •Importance and value of operation management •Conclusion •References
Introduction Managementandoperationhelpbusinessorganisationtooperate business and run it effectively. The main aim of business organisation is to increase the business performance by expanding the business in wide area. The manager perform different responsibility like planning, organising,directingandcontrollingthebusiness.Andleader motivates the staff or worker to work actively and achieve particular goals.
Key approaches of Operation and management There are number of approaches which is used by organisation in order to increase the business activities. The manager need to know the strategy, policies, rules and regulation that help to perform management function such as planning, organising, directing and controlling the business activities.
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Cont... The number of key approaches is described below- •Lean manufacturing •Total quality management •Six sigma •Kaizen theory
Importance and value of operation management Operation and management is valuable for Unilever such as it help to increase the production and profitability by selling number of product and services. The manager has ability to use operation and management which help to organise all material that relates to organisation.
Cont... The importance and value of operation and management described as- •It helps to control and distribution system •Transformation of raw material in to finished goods •Process Design
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Cont... Value of Operation management •High standard of living •Ability to increase the productivity •Low cost of goods and services •Better quality goods and services
Conclusion From the report it can be concluded that key approach such as lean manufacturing, six sigma, total quality management and kaizen theory help business to improve the performance of business and maximize the business capacity. Additionally, it covered external factors like political, environmental, social, technological, legal and economical factors which influences the business organisation.
References •Viveros Gunckel, P., and et.al., 2016. Graphical analysis for operation management: a graphical method to support operation decisionmaking.QualityandReliabilityEngineering International. 32(7). pp.2299-2311. •Wild,T.,2017.Bestpracticeininventorymanagement. Routledge.
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