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Operations and Project Management Assignment - ASDA

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Added on  2021-02-21

Operations and Project Management Assignment - ASDA

   Added on 2021-02-21

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Operations
and
Project
Management
Operations and Project Management Assignment - ASDA_1
Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1. An introduction to chosen organisation..................................................................................1
2. Operation vs Operations management....................................................................................1
3. Critique and review of implementation of operation management principles.......................2
4. Analyse extent to which operations management of an organisation meets the requirement.
.....................................................................................................................................................3
5. Continuous improvement as a philosophy by describing lean principles...............................3
6. Build a continuous improvement plan after reviewing and critique of operation
management principles................................................................................................................4
7. By using continuous improvement principles and recommend to improve the operations
functions......................................................................................................................................5
INTRODUCTION...........................................................................................................................6
MAIN BODY ..................................................................................................................................6
1. An overview of the case study................................................................................................6
2. A description of PLC and explanation of each stage..............................................................6
3. How each stage of PLC applies to project by supporting documents.....................................7
CONCLUSION..............................................................................................................................10
REFRENCES ................................................................................................................................11
Operations and Project Management Assignment - ASDA_2
INTRODUCTION
Operation management refers to work conduct in order to convert material as well as
labour into effective goods and services which helps a firm in maximizing its profitability ratio
and market shares (Krajewski, Ritzman and Malhotra, 2013). Project management refers to
activities such as initiating, executing, planning, controlling and so on which help company in
attaining its target. Organization taken in this assignment is ASDA which is founded by Peter
and Fred Asquith and Sir Noel Stockdale in year 1949. They are operating their business at retail
industry. Topics covered in this assignment are information about company, diverse operational
management principle, operation management required to meet requirement. Along with this it
will also include description of lean principle and continuous improvement plan for attaining
goal.
MAIN BODY
1. An introduction to chosen organisation.
Organisation selected for this assignment is ASDA that is a British retail supermarket
which is founded in year 1949 by Peter and Fred Asquith and Sir Noel Stockdale. Its headquarter
is situated at ASDA House, South Bank, West Yorkshire, England. Products offers by respective
company are general merchandise, grocery, financial services. There are approx 1,65,000
employees are working in respective company. They are also operating its subsidiaries such as
ASDA Mobile and ASDA Money. The respective company have near by 25 supply chain store
which is situated at United Kingdom where they depots various products like clothings, food,
ambient products and many more.
2. Operation vs Operations management
In an organization both operation and operation management are essential because
through this all employees able to conduct their work in proper way which help company in
achieving their target for maximizing profitability ratio as well as market shares. Operations
refers to activities which is used to transform data and resources into appropriate outcome which
can be products and services (Harrison and Lock, 2017). It is consist of major four categories i.e.
processing, inspection, transport and storage. Whereas operation management refers to area of
management which focuses on designing as well as controlling of the production procedure in
order to develop proper products and services.
1
Operations and Project Management Assignment - ASDA_3
3. Critique and review of implementation of operation management principles
Case study: ASDA management is planning to expand its business at Sri Lanka with
their existing offering. In order to this they are conducting effective marketing as well as
promotional activities which help them in attracting more and more customers. This will leads to
enhancement in customer's base and profitability ratio in effective manner. For which they
conduct analysis of organisation management benefits which help them in attaining their
requirement in effective manner.
Operation management principles refers to values or guideline which must be followed
by an organization when they adopt operation management at their workplace. There are
generally ten type of principles which are used by a firm i.e. Reality, Organisation,
Fundamentals, Accountability, Variance, Causality, Managed Passion, Humility, Success and
changes (Morris, 2013). From which some major of them are explain below:-
Reality: According to this an organization must focuses on their problems or issues
alternatively of techniques. This is so because tool cannot solve or provide any solution,
it must be developed by management. In respect of ASDA, their management must
analysis situation in order to identify issues and accordingly they need to develop
strategies or plan. In order to expand business respective company will develop
strategies in order to expand business in respective place in effective manner.
Organisation: In respect of this principle all procedures of manufacturing are interrelate
and it is necessary that all elements must be predictable as well as consistent so that
company able to attain effective outcome. In context of ASDA their management must
conduct evaluation procedure so that they conduct their work properly and obtain
effective outcome i.e. profit maximization. According to case study respective company
will develop and maintain effective working environment due to which all staffs conduct
work properly and with interrelation.
Accountability: In an organisation it is necessary that manager must delegate role and
responsibility to employees so that they conduct their work in effective manner. Along
with this they also need to develop rules and regulation that leads to conducting of
activities in proper way (Van and Martinez, 2012). In ASDA employer must effectively
communicate rules and regulation to employees so that they conduct their work in proper
manner as well as they all are accountable for their conducting activities. Along with this
2
Operations and Project Management Assignment - ASDA_4

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