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Operation Management assignment : BMW

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Added on  2021-02-22

Operation Management assignment : BMW

   Added on 2021-02-22

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Operation Management assignment : BMW_1
Table of ContentsINTRODUCTION...........................................................................................................................1MAINBODY....................................................................................................................................1Introduction of the company and two selected topics..................................................................1First topic with corresponding theories or concepts....................................................................2Second topic with corresponding theories and concepts.............................................................3Triple bottom line........................................................................................................................5Recommendations........................................................................................................................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................8
Operation Management assignment : BMW_2
INTRODUCTIONOperation management can be defined as the process which helps managers to createhighest level of efficiency to execute business activities of an organisation. With the help of itmaterial and efforts of labour are converted in to goods and services that are going to be sold tothe customers. It helps to enhance profits by increasing efficiency of company to executebusiness operations. Logistics is a specific process which is used to plan and execute the efficienttransportation and storage of different inventory from one place to another (Barelli, Bidini andOttaviano, 2016). There are various types of logistics which includes supply management,reverse, product return, material movement, production and distribution. Organisation which isselected for this essay is BMW which is an international automotive sector company executingits business all around the world. It was founded in year 1916 by Camillo Castiglioni, FranzJosef Popp and Karl Rapp. This essay covers various topics such as overview of organisation andselected topics, implementation of theories, triple bottom lines etc. At the end, recommendationsregarding making modifications for future are also covered under this essay.MAINBODYIntroduction of the company and two selected topicsBMW is one of the largest automotive sector companies that are executing business inUK. It was founded by Camillo Castiglioni, Karl Rapp and Franz Josef Popp in year 1916.Currently the organisation is conducting all its operational as well as executional activities withthe help of more than 134000 employees. Different types of cars and motorcycles are engineeredby the company (Introduction of BMW, 2019). There are various subsidiaries of the enterprisewhich includes Drive Now, BMW I, M, X, Motor Sport etc.The topics that are selected for the completion of essay are Managing Quality andPeople in Operations and Supply Management. As BMW is a automotive sector organisationso it is very important for the organisation to make sure that it is delivering best quality cars tothe customers as it is best known for that. For this purpose managers are required to check thatprocess of manufacturing is conducted appropriately or not. Organisations such as BMW are alsorequired to be focused with management of people in operations and supply managementbecause it can help to reach to the organisational objectives such as profit maximisation(Craparo, Karatas and Singham, 2017). In order to attain success for business it is very important1
Operation Management assignment : BMW_3

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