IKEA Operations Management Analysis
Added on 2020-02-05
15 Pages3887 Words223 Views
|
|
|
OPERATIONMANAGEMENT
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Operation management importance for IKEA.................................................................31.2 Operation functions of IKEA...........................................................................................41.3 Evaluating the operation management with use of process model...................................5TASK 2............................................................................................................................................62.1 Importance of effectiveness, efficiency and economy in IKEA business........................62.2 Tension between cost minimisation and quality maximisation and its impact on IKEA.62.3 Five performance objectives and its importance to IKEA...............................................7TASK 3............................................................................................................................................83.1 Adding value to production process through linear programming...................................83.2 Network planning and critical path analysis....................................................................83.3 Operational planning and control needs...........................................................................9TASK 4............................................................................................................................................94.1 Operational outcomes for IKEA.......................................................................................94.2 Network plan and critical path.......................................................................................104.3 Techniques of quality management to improve Operation in IKEA..............................11CONCLUSION..............................................................................................................................11REFRENCES.................................................................................................................................13
INTRODUCTIONThe process of controlling production of product and commodities in the business isreferred as operation management(Mohammadi, Soleymani and Mozafari, 2014). It is amanagement area of business organization which is related to business production. The operationmanagement is conducted by the individuals and team which ensures that production must becarried out effectively and efficiently with less resource and high production. Operationmanagement conducted within the organization helps in meeting demand of the customerssignificantly within time frame. It is important for organization to have operation management toproduce quality of goods and service with minimum cost to ensure complete satisfaction of thecustomers with affordable cost. The operation management is the key factor in organizationwhich helps in increasing the capacity of production, managing inventory and product designing.In the following assignment we will study the importance of operation management for IKEALtd. In the report detail information of operation management is discussed. The benefits ofoperation management are understood with the help of the following assignment. The functionand the elements effectiveness, efficiency and economy are explained in the report significantly.IKEA is the business organization which produces the furnitures for living area and bedroomsthe importance of operation management is studied in the assignment. TASK 11.1 Operation management importance for IKEA.IKEA carries down one of the management function i.e. operation management forcontrolling production of furnitures and controlling inventory of organization. It is a necessarypart of management like human resource and financial management. It is important for IKEA inproduction function of organization. The operation management is a key factor in success oforganization. It helps in designing significant production process for IKEA to produce furnitureswhich satisfy user. Operation management have helped business in long term success byproducing good quality of furnitures. The quality is maintained by appointing trained and skilledhuman resource for production process(Niknam, Meymand and Mojarrad, 2011). The process ofoperation management helps in acquiring raw materials for organization with minimum cost andwithin the time frame. This helps in continuous operation of production cycle with increase inthe production and minimising the cost of furniture. It helps directly in the success of IKEA for
long run by increasing customers for it products. Operation management have also helped incoordinating and controlling production process of IKEA, which reduces the miss managementin production cycle and increases the effectiveness and reduces wastages in process. This directlyincreases the quality of product at minimum cost and helps in success of IKEA by increasingcustomers and profitability. The operation management helps IKEA to adopt new technology inproduction which increases efficiency and leads to success. 1.2 Operation functions of IKEA.IKEA have different operation function where management is necessary to increaseeffectiveness and efficiency in performance(Moghaddam, Seifi and Niknam, 2012). Theorganization must ensure that the complete satisfaction level of the customers must be achievedthrough product provided by the organization. The operation management helps IKEA inperforming different functions of organization. The operation functions of IKEA are described asfollows:-Product designing:- The product design is a key element in the success of a business.The better product design will help organization to attract the new customers for product.The operation management helps in effective product designing. Job structure:- The job structure is the stage where all the employees of organizationcontribute there work in different stage of production cycle. The operation managementhelps to frame effective job structure which helps in effective and continuous run ofproduction cycle. Supply chain:- The operation management helps to define proper supply chain of rawmaterial which helps in long run of production cycle. It ensures that the raw materialsmust be allocated within the time frame with minimum cost.Production Planning:- Production planning is one of the operation function of IKEA.Operation management helps in planning for production cycle where the operation has tobe done and sets the time frame with quality standard in production. Packaging:- The packing of the product plays significant role which helps to attract thecustomers. Operation management plays a vital role in designing the packaging ofproduct(Heizer and Barry, 2013).
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents