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Operation and Project Management INTRODUCTION 1 TASK 11 P1: Review and Critique of Operation Management Principles

   

Added on  2020-06-04

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Operation and ProjectManagement

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1: Review and critique of execution of operation management principles...............................1TASK 2............................................................................................................................................5P2: Preparation of continuous improvement plan based on operation management principles.5TASK 3............................................................................................................................................7P3: Application of product life cycle stages...............................................................................7TASK 4............................................................................................................................................9P4: Effectiveness of product life cycle........................................................................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONOperation management play an important role in achieving growth and success ofbusiness organisation through performing several business functions in an effective and efficientmanner. They are held liable to design and control production process according to the needs andrequirements of customers. BSH Home Appliances Ltd. company which deals in producingelectronic products such as refrigerators, washing machines etc. is taken for the purpose ofpreparing this report. The firm decide to enter into new market where they want to manufacturelarge size television of 58 inches. The project covers the review and critique of operationsmanagement principles and on the basis of which improvement plan has been made. There aredifferent stages of product cycle which is essentially required to adopt by the management ofcompany is also discussed under this report (Antonio Martins and Ramos Martins, 2012). Theproject also summarises the review of effectiveness of PLC through applying suitable theoriesand concepts.TASK 1P1: Review and critique of execution of operation management principlesIn every organisation, there is a administration team which are responsible to manage andcontrol activities of firm. Operation management is formed with a motive of formulating aneffective plans and strategies regarding controlling cost and utilisation of available resources inan optimum manner while producing products and services so that profitable outcome should beachieved in near future.Operation management is defined as an area of management which are responsible todesign and control the activities performed during production process. They are mainly focuseson identifying the ways of fulfilling customer's needs and demands in satisfied manner so thatcompany can achieve huge profitability and sustainability for longer duration. The main functionthey are liable to performed are marketing, human resource, supply chain and finance. In order tooperate business function more smoothly, an effective decision and plans should required to bemade which are related with product designing, quality and inventory control, enhances capacityand operation strategy (.Beringer, Jonas and Kock, 2013). Thus, it is important for anorganisation to form operation management consisting of skilled and knowledgeable membersho are capable to make a suitable and profitable decision while dealing with complex and1

uncertain situations. There are some principles which are required to be followed by BSH HomeAppliances Ltd. Ltd Group Corporation which help them in implementing an effectivemanagement planning in order to produce standard quality product. Such principles of operations management are mentioned as below:Reality: Operation management is required to concentrate on the problems rather thantechniques as there is no technique which ensures in giving optimum solutions.Organisation: All the elements in the production process are interrelated thus to achievepositive outcomes, every components are required to be constant and predictable.Fundamentals: In operation, Pareto rule is applicable which implies that about 20% ofthe success is come from adoption of new methods and tools and remaining 80% is frommaintaining discipline and records precisely. Thus, BSH Home Appliances Ltd. need to focus onmaintaining discipline and books of accounts.Accountability: The management are held liable to define roles and responsibilities totheir employees so that they can perform their delegated roles in an effective and efficientmanner. They are also accountable to check the performance of each employee in order todetermine the deviation if any, which restrict their subordinates to perform well. Variance: The management of BSH Home Appliances Ltd. are also required to promotechanges in production process in order to brings creativity and uniqueness so as to maximise theinterests and behaviour of customers towards their products (Blomquist and et. al., 2010). Causality: Issues or problems affects the production process which may causes losses tocompany. Thus, it is important for management to forecast such issues and accordinglyformulate an effective plans to eliminate them as quickly as possible.Managed passion: Passion and dedication of workforce drives an organisation to achievegrowth and success. Thus, it is important for management to conduct motivational programs forthem with a motive of improving their performance (Management Theories & Concepts at theWorkplace, 2018).Humility: The management need to first identify the drawbacks of implementingparticular component in production process so as to eliminate wastage.Success: The growth and success of BSH Home Appliances Ltd. in new market is basedon the needs and requirements of customers thus it is important for management to identify theirrequirements and find out the ways of fulfilling them in an effective manner.2

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