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Managing Operations and the Supply Chain

   

Added on  2020-07-23

10 Pages3311 Words48 Views
Managing Operationsand the Supply Chain

Table of ContentsINTRODUCTION...........................................................................................................................1TASKS.............................................................................................................................................1Literature review..........................................................................................................................1Impact of technological unemployment on Mark and Spencer...................................................5CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8

INTRODUCTION Managing operations are concerned with controlling and designing the products by utilisingthe resources in an efficient manner. The business function is more responsible for coordinatingand planning the activities so that customer’s requirements can be fulfilled. The main aim ofoperation management is to convert all raw materials into finished goods so that consumers willbe able to get quality services (Tayur, Ganeshan and Magazine, 2012). This kind of managementis required at all levels of company such as strategic and tactical. In this manner, they canachieve success in the market area as compare to other rivals. The present report is based onMark and Spencer which perform its operations in London, United Kingdom. Mark and Spencer perform its operations in retail sector which offer their servicesthroughout the world. It is public limited company which is listed on London stock exchange.The firm have approx. 959 outlets in different places of country so they have strong base of 13million customers. Along with this, they have approx. 82,904 employees who are working at theworkplace and offer innovative services. It provides cloths, home products and food items totheir consumers. The retail industry target people on the basis of demographic segmentation. So,they offer cloths of both men and women in a variety (Stadtler, 2015). Along with this, companyapproach their end users through their website and social media sites. The entity is focused ontheir technological advancements so that they can achieve competitiveness at the marketplace.The below mentioned report explain the concept of technological unemployment and how itaffects the number of jobs in the country. TASKSLiterature reviewAutomation is kind of process or technique that is used by industries in order to controland monitor the production system so that products can be delivered to the consumers efficiently.As per the view point of Rushton, Croucher and Baker (2014) there are some elements which areincluded into this process like manufacturing, transportation, utilities and different operations.Some benefits are also associated with this approach that through this labour work can be savedand quality work can be improved in an efficient way. Through such kind of enhancement,number of jobs and their roles are get affected so due to which unemployment is get increased.When technological advancements are achieved by company the communication barrier between1

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