INTRODUCTION...........................................................................................................................3 TASK 1............................................................................................................................................3 1.1Introduction to Jaguar............................................................................................................3 1.2 Operation Vs operation management....................................................................................4 1.3 Implementation of operation management principles by Jaguar..........................................4 1.4 Comparison of operation management in relations with Six Sigma and Lean principles....5 1.5 Concept of continuous improvement...................................................................................6 1.6 Preparation of continuous improvement plan.......................................................................6 1.7 Recommendations for improving functions in Jaguar..........................................................7 TASK 2............................................................................................................................................7 2.1 Summary of case study.........................................................................................................7 2.2 Application of each stage of PLC in given project...............................................................7 2.3 Rationale for the use of WBS, project management software and leadership for project. .10 2.4 Justification of time and cost taken by project manager for ensuring systematic recording of each stage..............................................................................................................................10 2.5 Use of relevant theories models and concepts applied for large and small scale projects..10 2.6 Effectiveness including justification of PLC in application of this project........................11 CONCLUSION..............................................................................................................................11 REFERENCES..............................................................................................................................11
INTRODUCTION Operation management is all about conversion of raw materials into finished goods for offering it to the end-users. Their main objective is to create or design unique and attractive products for gaining competitive advantage at marketplace. Jaguar is one of the leading automotive organizations which engage in manufacturing innovative cars or vehicles for their final users (Turner,2014). In fact, company is expanded across the international boundaries as well as merges with Land Rover and named as Jaguar Land Rover. Therefore, initially assignment is going to highlight the operation management of Jaguar and in what ways they are implementing principles of manufacturing process. Along with this, continuous improvement planof an associationisalsooutlinedintheproject. Furthermore,PLC stage ofhotel construction project will be framed in the assignment for understanding significance every phase while handling any large or small assignment. TASK 1 1.1Introduction to Jaguar Jaguar is a very luxurious British multinational car producer of Jaguar Land Rover by having its headquartered in Whitley, Coventry, England and owned by Indian company Tata Motors since 2008. Initially, this company was engaged in producing Jaguar cars before getting merged with Land Rover to form a Jaguar Land Rover on 1stJanuary, 2013. Basically, this business was originated as a Swallow Sidecar company in almost 1922 and at their initial stage company was engaged in manufacturing motorcycle sidecars. However, name of an organization was renamed from S.S Cars to Jaguar Cars in almost 1945. After that get merged with British Motor Corporation in almost 1966 which resulted in enlargement of an association which now renamed as British Motor Holdings (BMH). Furthermore in 1968 company again merges with Leyland Motor Corporation and then itself nationalized in 1975. In 1990, Ford acquired Jaguar cars and combined with Land Rover in 2000 which resulted into selling of Jaguar Land Rover to the Tata motors. Hence, Jaguar created this company as a subsidiary holding organization but at operation level in 2013 Jaguar cars was merged with Land Rover in order to form Jaguar Land Rover Limited as a single manufacturer of cars, single designer as well as brand owner for both company (Kerznerand Kerzner,2017). 3
Accordingtogivencasestudy,presentlyHalewoodplantisgettingattentivefor producing new Jaguar X’ Type for 21stcentury. Main reason behind developing this car is a feedback from a massive global consumer research programme. However, programme is making sure that designers of Car’s, engineers and marketers remain in tune with the requirements or expectations of desired clients in every phase in development of Car’s. 1.2 Operation Vs operation management Operation is a term which means by the use of various raw materials production team will make finished goods for the end users. Their main motive is to design creative items with the help of several ingredients in order to satisfy the needs of desired clients. For example; in a given case study operations management of Jaguar wanted to minimize the wastage while operating due to which they are engaged in another new project that is Jaguar X’ Type in 21st century (Jacobs,Chaseand Lummus,2014). Hence, various types of materials are used by Jaguar while manufacturing vehicles. Thus, it is essential to manage all these things or various factors of operational department such as; assigning of job to various employees on the basis of skills, talent and so on. Hence, management of all the factors related with operational department is known as operation management. OperationOperations management Conversion of materials into finished products is known as operation. Management of all the materials and factors duringoperationsmanagementsuchas; labours,assigningofjob,allocationof resources, time management henceforth. 1.3 Implementation of operation management principles by Jaguar Jaguar is well developed organization which is famous for its attractive cars with high quality features. Thus, they are very serious towards principles of operations management and always implement all the major principles while manufacturing process. Therefore, some of the major principles of operation management that is implemented by Jaguar in the given case study are discussed as follows- Reality-Jaguaralwaysbelievesinanalysingprobleminsteadofworryingabout techniques such as; in given scenario company is trying to fulfil the expectation of clients. It shows that Jaguar is following the principle of reality while operating their business like; 4
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
understanding the issue which was raised instead of going and asking with customers for the reason behind rising this question(Harrisonand Lock,2017). Accountability– Jaguar is a very large organization by having its branches in various regions due to which managers always assign a job or work to specific employees for proper functioning. In fact, analyse the performance of employees also by assessing it on regular or weekly basis for understanding their efforts they are investing for company success. It means, every individual at workplace are taking accountability of their job role without blaming their errors on some other person. Organizations– Procedures of manufacturing are interconnected with each other due to which it is essential to be predictable and consistent for attaining a same outcome in profits. Fundamentals- Rule of Pareto is also applied in the operation management of an organization which is followed by Jaguar. This rule states that; 80% of organizational success arises from precisely maintenance of inventory records, BOMs, general system disciplines whereas only 20% of achievement comes from application of new techniques to the processes. It means, maintaining of proper record is really indispensable for the success of an association because it aids in controlling the losses of a company(Flemingand Koppelman,2016). 1.4 Comparison of operation management in relations with Six Sigma and Lean principles According to given scenario an organization is going to launch a new or innovative product for the success of an association as well as in order to fulfil the expectation of customers. However, there are various elements of operation management are identified which is followed by company while manufacturing process and all of them differently applied or used. Thus, lean principles and Six Sigma are also used by jaguar for distinct purpose that is discussed as follows- Lean principlesSix sigma Lean production is used for standardizing the workprocessesaswellascutoutthe duplication and waste. Thus , Jaguar has set a newstandardforanorganizationwhichis consider as best identified tool of operation currently available. However, this standard is continuous enhancing as a result it has been analysed that Halewood have the ability to Inorderfollowsixsigmapolicyan organization must not produce more than 3-4 defects in millions of opportunities. However, DMAIC is a most appropriate process which needstofollowinenhancement.Basically, main objective of this process is to enhance the quality of output by reducing the causes of defectsaswellastriedtominimizethe 5
manufacturer at least 100,000 vehicles in a single year. variability in manufacturing process (Martins and Martins,2012). 1.5 Concept of continuous improvement Continuous improvement plan is a term which shows the efforts of an organization in enhancing the productivity and their performance by taking measures. Main objective for continuing is to cope up with current changes which might incur at marketplace. For example; modification in political policies for trading across the international boundaries, changes in currency rate and so on. These entire things enforce Jaguar to continue their improvement on the basis of fluctuation in order to enhance the image of an association at marketplace. In other words, continual enhancement plan also known as on-going process of enhancing organizational products, services or procedures through incremental and breakthrough improvements (Pemsel and Wiewiora,2013). 1.6 Preparation of continuous improvement plan In the given cases study of Halewood, Jaguar is making efforts to enhance their vehicles for coping up with current demand of customers of 21stcentury. Their main motive is to reduce the waste materials or defects for controlling the amount of losses. However, four step model is known as a continuous improvement plan which is adopted by Jaguar for managing their new project of Halewood (Robichaudand Anantatmula,2010). Along with this, trying to fulfils the expectation of desired clients in order to protect their goodwill. Plan– It is the first stage in which Jaguar needs to determine the demand and needs of consumers which must be included in the new models of car. After determination of needs and demands, company has decided to introduce a new model of car i.e.Jaguar X’ Typefor meeting the demand of customers in 21stcentury. The strategies, budget list, resources list etc. will be developed in this phase for developing the new car. Do– After doing the planning for new model i.e.Jaguar X’ Type,second stage starts. In this stage, Jaguar can start the production of this new model at a small scale so that the views and suggestions can be taken from the customers regarding the features and design of this new model. 6
Check– By considering the views and opinions of the customers, the Jaguar analyses the outcome of change in this stage. Jaguar analyses the reaction of customers towards the new car so that the modifications can be done accordingly. Act- In this last stage, modifications are done in the new car and Jaguar starts the production of model at a large scale after getting aware about the range of benefits of newly launched project. 1.7 Recommendations for improving functions in Jaguar After analysing all the scenario and operation management process of Jaguar it has been understood that company needs to focus on few major elements before implementing new things at marketplace. For example;wanted to launch a new product for the current customers. Thus, for doing this an association needs to hire skilled or talented employees who can easily handle complex things. Along with this, requisite to follow lean production policy as it helps in reducing the waste amount from the production process. Additionally, usage of continuous improvement model is useful for the proper implementation of any new project at large scale because it helps in controlling the possibilities of heavy losses (Subramanianand Ramanathan,2012). TASK 2 2.1 Summary of case study John and Jane established a restraint in partnership in Docklands, London and their business are working very well. In week days corporate members and office employees are main customers of the restaurants whereas at weekend local people come in this restaurant. Both the partners analyse that because of instability in UK like recession, Brexit and political issues is not favourable for the hospitality business. But still company get succeeded in creating around 1 £ million profit in every year. As a result, company is having their long term strategy in which they decided to expand their business into hospitality industry and planned to invest in the business. Along with this, both the partners have already approached for the loan of almost £ 2 million to their bank manager at the interest rate of almost 6%. Now company is going to implement this plan in proper manner and some of the employees are acquiring evening classes in which they come to know about the term PLC. Hence, all of them wanted to apply this on the project of Hotel construction and expansion (Burke,2013). 7
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
2.2 Application of each stage of PLC in given project John and Jane both are making efforts to expand their business in hospitality sector for making more or more profits. Along with this , trying to offer their services to the loyal community members, visitors and business customers. Thus, company have already applied for loan before starting their business in hospitality industry. Additionally, employees are getting aware about the term PLC which is very useful for managing a business project in suitable manner. Therefore, company can use various data and information before making plan for the project as well as consider it for minimization of errors during implementation process. Hence, proper application of PLC stage is discussed as follows with the use of several necessary documents such as; business case, project plan, work break down structure and so on (Youand et. Al., 2012). Initial stage of project starts from the designing of business case in which an organization is going to explain all the necessary things which is requisite for company while implementing this project. Furthermore, followed by necessary phases in which all the other documentation is going to include. Figure1PRODUCT LIFE CYCLE STAGES (PLC) (Source- PRODUCT LIFE CYCLE STAGES (PLC), 2015) 8
DocumentationPhases involvesMain deliverables to achieve; Businesscase (Introduction stage) Analysis of economic potentiality in order determining the need of its for project. An effective document of hotel will described the whether or not theassignmentisworththe needed investment by considering requirementofbusiness, cost/benefitanalysisaswellas unaccomodated demand. Conceptual planning (Introduction stage) Defines the various attributes which makeupwithfutureofhotelfor gaining competitive advantage. Itwillcoversthedefinitionof hotel that means in what terms this association is standards for; uniquestyle,taste,quality, platformofabrandortheir promise. Feasibility (Introduction stage) Assessment of economic and finance stability of new hotel assignment on the basis of market, profit and loss, risk social and regulatory framework Detaileddocumentationwhich describes the product of hotel that wouldmaximizemarket penetration, its performance and internal rate of return for holding time frame(Zhangand et. Al., 2010). Product,pricing, distributionand promotion (growth stage) This stage is going to maximize the use of product by promoting it as well as by fixing various other elements. Main motive of this stage is to maintained the quality of product at marketplace by introducing it with full support or relevant data. People are experiencing also and preferringalsofortrying something new or distinct from others. SalesInthisproductsisselectedbyItmeans,salesatpeakand 9
management, workbreakdown structure (maturity stage) customers and there is a strong growth in a company sales. customers are attracting too much towards the hotel which is newly implemented at marketplace. Decline stageEnd of the new arrivalIn this phase company might face declineintheirsalebecause customers are became more use to for the arrival. After the declining of the new arrival, this hotel has still option to be in demand by attracting visitors instead of local people. Thus, sales of an organization still under controlled and managed at marketplace. 2.3 Rationale for the use of WBS, project management software and leadership for project In order to handle a project of given hotel an organization needs to consider few necessary elements for proper implementation of whole assignment. In fact, every elements have their own significance workplace. Thus, rationale of using WBS, project management software and leadership is discussed as follows- WBS- It helps in distributing works between various staff members in order to perform all the business operations in much suitable manner. Moreover, aids in minimizing the work load from one person. Project management software- Handle the business activities in suitable manner by considering necessary aspects. Some of the major factor which includes in this project is; time, cost, scope, quality, resources, communication and risk. Leadership–Aidsincontrollingentirestaffmembersaswellasminimizethe probabilities of mistakes during project handling. 2.4 Justification of time and cost taken by project manager for ensuring systematic recording of each stage Time and cost always supports in systematic management of each stage because it helps in directing employees to in how much time they need to complete their assigned job or task. Along with this, ensure that what amount of Profit Company requisite to gain for attaining their rate of return. For example; one employee is responsible for designing the layout for building in one week then he/she automatically works accordingly and tries to complete in minimum time 10
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
duration. On the other hand, market managers is liable for selling almost 80% of stock in coming 6 months then he/she will acquired almost 20% of entire profit then automatically marketing manager will acts accordingly 2.5 Use of relevant theories models and concepts applied for large and small scale projects Thereisamajordifferencebetweenlargeandsmallscaleprojectsbecauseof distinctiveness in various aspects such as; funds, policies, employees talent, image and various other element. Large projects are using PLC stages and prefer continuous improvement plans for minimizing the chances of heavy losses. On the other hand, small scale assignment doesn’t require all these things because of minimum amount of investment. However, planning at small level can also suitable for small scale projects (PRODUCT LIFE CYCLE STAGES (PLC), 2015). 2.6 Effectiveness including justification of PLC in application of this project Project life cycle stage is really useful for the success of project because it helps in guiding the employees as well as whole team towards corrective direction. Along with this, make sure that all the activities can easily accomplishing in a given time period without any disturbance. For example; by the use of PLC hotel construction project can easily analyse the current demand, market change, competitor strategies and so on. BasisProject Project InitiationINthefirststage,companycanusethetotalquality managementfortheirnewhotel.Throughthistool,the manager can control the quality of services and products used for the construction. Project planningWhile planning to construct their new hotel, company can use the survey and questionnaire for gathering the information regarding the market, trends and preferences of customers. Through this, firm can reduce the cost of construction. Project executionFor executing the project, manager can set the milestones, targets,deliverables,benchmarksetc.fordeterminingthe progress of the project in executing properly. Project performanceThe manager can use the key performance indicators and key 11
performance tool for managing the quality and cost. The project manager needs to use the above discussed strategy for executing their project successfully. The project manager canproject monitoring for monitoring the progress and performance of the project in order to ensure whether the project is going aligned with the objectives or not. Also the project manager needs to determine the importance of reliability and validity in evaluating the project so that any errors and variation can be identified which then can be eliminated by using the proper plans and strategies. Also the project manager can use the Programme theory for understanding the contribute of intervention to a chain of results which develops the intended impacts. By using the Programme theory, manager can determine the gaps in the performance and progress. CONCLUSION From the above report, it has been concluded that operation management plays a very crucial in growth of a company and most of the large company have uses various principles of operations department for smooth functioning of business. Along with this, entire project aids in understanding the need of PLC while handing a large or small project because it helps in minimizing the probabilities of mistakes and errors. Throughout the assignment one thing is determined that is success of a business is based on the proper management and by following eachstagebecauseitaidsindirectingtowardssuitablepath. REFERENCES Books and Journals 12
Turner, J.R., 2014.Handbook of project-based management(Vol. 92). New York, NY: McGraw- hill. Jacobs,F.R.,Chase,R.B.andLummus,R.R.,2014.Operationsandsupplychain management(pp. 533-535). New York, NY: McGraw-Hill/Irwin. Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Harrison, F. and Lock, D., 2017.Advanced projectmanagement: astructuredapproach. Routledge. Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute. Martins, V.A. and Martins, M.R., 2012. Outsourcing operations in project management offices: The reality of Brazilian companies.Project Management Journal,43(2), pp.68-83. Pemsel, S. and Wiewiora, A., 2013. Project management office a knowledge broker in project- based organisations.International Journal of Project Management,31(1), pp.31-42. Robichaud, L.B. and Anantatmula, V.S., 2010. Greening project management practices for sustainable construction.Journal of Management in Engineering,27(1), pp.48-57. Subramanian, N. and Ramanathan, R., 2012. A review of applications of Analytic Hierarchy Processinoperationsmanagement.InternationalJournalofProduction Economics,138(2), pp.215-241. Burke, R., 2013. Project management: planning and control techniques.New Jersey, USA. You, F and et. Al., 2012. Optimal design of sustainable cellulosic biofuel supply chains: multiobjectiveoptimizationcoupledwithlifecycleassessmentandinput–output analysis.AIChE Journal,58(4), pp.1157-1180. Zhang, Q.H and et. Al., 2010. Application of life cycle assessment for an evaluation of wastewatertreatmentandreuseproject–CasestudyofXi’an,China.Bioresource technology,101(5), pp.1421-1425. Online PRODUCTLIFECYCLESTAGES(PLC),2015.[Online].Availablethrough< https://marketing-insider.eu/product-life-cycle-stages/>. 13
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.