logo

Operations management in business assignment sample (Doc)

   

Added on  2021-02-18

10 Pages2989 Words118 Views
 | 
 | 
 | 
OPERATIONMANAGEMENT
Operations management in business assignment sample (Doc)_1

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3Operation management overview...............................................................................................3Types of operation scheduling....................................................................................................4Operation Scheduling techniques................................................................................................4Layout Planning and work system process.................................................................................6Inventory management policies for controlling production costs...............................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
Operations management in business assignment sample (Doc)_2

INTRODUCTIONOperation management is an area in management that concerns with controlling anddesigning of production process as well as in redesigning of all the business operations inproduction of services or goods. In this responsibility of ensuring efficient business operations isinvolved in terms of usage of required resources in order to meet all the requirements of thecustomers (Hitt, Xu and Carnes, 2016). It mainly concerns with planning, supervising,organizing in terms of manufacturing, production and provision of services. Operationmanagement is important in organizations as it helps in making different types of decisions,making operation strategy, planning, scheduling, maintaining quality, inventory control etc. Thisessay will lay detail emphasis on overview about operation management, various types ofoperation scheduling techniques, overall knowledge about layout planning and work systemprocesses and explaining importance of inventory management policies that are required tocontrol production cost. For this assignment Unilever Organization is taken as an example fordiscussion of operation management essay.MAIN BODYOperation management overviewOperation management can be defined as business practice administration in order tocreate high level efficiency possible within an organization. It mainly focusses on labour andmaterials by converting them into efficient services and goods possible for maximizing theoverall profit of an organization like Unilever. It mainly attempts to balance revenue with cost inorder to achieve the highest possible new operational profit. It mainly involves utilization ofequipment, technology, materials and staff. Operation managers mainly acquire, develop,maintain and deliver goods and service to clients based on their needs, requirements dependingupon the ability of the company. Operation management mainly handles different types of strategic issues that mainlydetermine the size of manufacturing plant, different methods of project management andimplementation of technology network information structure (Gerasimov and Gerasimov, 2015).It mainly focusses on study on minimum waste techniques, correct usage of raw materials byutilizing different formulas such as formula of economic quality order in order to determine howand when to process large number of inventory order and how much inventory should be hold inhand.
Operations management in business assignment sample (Doc)_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents