This presentation describes various approaches that are used in operations management and explains the role of operations management in attaining company objectives. It also discusses the factors that affect operations management.
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MANAGEMENT AND OPERATIONS
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TABLE OF CONTENTS Introduction Main Body Conclusion References
Introduction The presentation will describe various approaches that are used in operations management. It will also describe role of operations management in attaining objectives of the company. Further, it will explain factors that affect operations management.
CONCLUSION The above Report has outlined that,Leader and manager both plays an important role in achieving growth and success of the company. The Report has described difference between roleofmanagerandleaderonthebasisofchangemanagement,improvementin productivity etc. Henry Mintberg theory has explained role of manager under three categories. Leader and manager both plays an important role in managing different types of situations like conflict management, labour turnover etc. Systems, situational and contingency leadership theories all have own advantage and disadvantage.
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Introduction to key operations of the organization. Operations can be defined as everything that happens in the organization that helps to maintainthe working of the firm and also helps to earn money is collectively known as operations of the business. Some major operations of Tesco are production of goods from raw material, distribution of items at different locations, marketing of products etc. Tesco offer its wide range of products through supermarket, superstores, convenience stores and hypermarkets in approximately 13 countries such as UK, Hungary, Poland etc.
Key methods to operations management and role of manager and leader. Operationsmanagementisrelatedwithdeveloping,monitoringandcontrolling production process and redesigning operations in production of products or services. Total Quality Management (TQM) : It is described as the customer oriented approach and the aim of TQM is to bring an improvement in operations of the company. It ensures that all the supportive activities mainly tasks of employees are towards the aim of improving quality of products or services of the firm.
Continue Just-in-time : It refers to the control system related with inventory and production in which inputs are purchased and produced only in that particular quantity which is required to meet out the demands of customer's. The Leaders play an important function of influencing staff working in production department for optimum utilization of raw material.
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Continue Six Sigma : It refers to the method used by the organization for improving the quality of operationsmanagementbyreducingdefects,reducingcost,savingtimeand eliminating errors. Leadership style of the leaders play an important role in implementing process of six sigma in companies. Leadership should consider this method as a management strategy.
Importance of operations management in achieving objectives of organization. Operations management is considered as one of the important part of organization. Tesco is popular for the efficient management of operations like production, distribution, marketing etc. Further, the value of operations management has increased in recent years due to increase in level of foreign competition, product life cycle, short services, quality mindful customer's and improved education etc. Tesco is effectively managing its operations that helps to ensure that supply and demand of various items is meet out that will help to satisfy needs of clients.
Continue The process assist firm to achieve objectives at different levels. These are as follows - Strategic level - It is also known as level of top management. Operations management helps to evaluate current conditions of the organization to bring a change in various strategies related with production, distribution of products or services. Tactical level - There are various departments in the organization that are responsible to perform different functions. The process of managing operations helps to minimise the wastage of raw material in different departments. In this way, operations management helps to achieve goals of the company. Operational level - It is the lowest level of hierarchy of the organization. The approaches of managing operations such as total quality management, six sigma etc. helps to improve quality of output or services.
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Continue The process assist firm to achieve objectives at different levels. These are as follows - Strategic level - It is also known as level of top management. Operations management helps to evaluate current conditions of the organization to bring a change in various strategies related with production, distribution of products or services. Tactical level - There are various departments in the organization that are responsible to perform different functions. The process of managing operations helps to minimise the wastage of raw material in different departments. In this way, operations management helps to achieve goals of the company. Operational level - It is the lowest level of hierarchy of the organization. The approaches of managing operations such as total quality management, six sigma etc. helps to improve quality of output or services.
Key factors that impact the management of operations. Micro factors - It refers to the factors that exists inside the internal environment of the company. There are various micro factors that influence operations management such as - Human resource : It is one of the major factor that impact management of operations. The level of skills and ability of employee’s to perform different functions directly influence key operations of Tesco such as the process of production and distribution of items to clients. Manager of firm conducts training programmes that helps to improve skills of workers. Leader of firm motivates employee’s to perform their tasks in effective way.
Continue Macro factors - These factors exist in external environment outside the organization. These factors indirectly impacts management of operations of Tesco. Such as - Competition : Nowadays, the level of competition has been increased that creates pressure on operations of firm to produce and deliver better quality products to buyers. Leader should make efforts to influence workers so that they will make efforts to achieve objectives of Tesco.
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Analyses of how various factors affect business environment. Business of an organization is affected by different types of factors that are divided into two categories micro and macro factors. Internal factors that impact business are employee’s, availability of resources and funds to the company. If firm has adequate financial resources then it can easily manufacture innovative products.
Critical evaluation of ways in which manager and leader helps to improve operational management efficiency. There are different ways and methods that leader and manager of Tesco may adopt for improving the current level of efficiency of operations management. Manager of Tesco should make efforts to evaluate different areas that are labour-intensive. Further, management of company should perform formal audit, use business intelligence tools for evaluating the operations of firm.
References Ross, J.E., 2017. Total quality management: Text, cases, and readings. Routledge. Tennant, G., 2017. Six Sigma: SPC and TQM in manufacturing and services. Routledge. Filippini, R. and Forza, C., 2016. The impact of the just-in-time approach on production system performance: a survey of Italian industry. A review and outlook. In A Journey through manufacturing and supply chain strategy research (pp. 19-39). Springer, Cham. Reid, R.D. and Sanders, N.R., 2015. Operations Management, Binder Ready Version: An Integrated Approach. John Wiley & Sons.
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Conclusion The presentation has outlined that, currently Tesco is following the process of total quality management that helps to secure competitive position in the industry. Various approaches of operations management helps to improve productivity of employee’s that helps to achieve organizational objectives. Micro and macro factors both influence operations management.
References Ross, J.E., 2017. Total quality management: Text, cases, and readings. Routledge. Tennant, G., 2017. Six Sigma: SPC and TQM in manufacturing and services. Routledge. Filippini, R. and Forza, C., 2016. The impact of the just-in-time approach on production system performance: a survey of Italian industry. A review and outlook. In A Journey through manufacturing and supply chain strategy research (pp. 19-39). Springer, Cham. Reid, R.D. and Sanders, N.R., 2015. Operations Management, Binder Ready Version: An Integrated Approach. John Wiley & Sons.