Operations and Project Management in TESCO Plc

Operations and Project
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1. Review and critique of the implementation of operations management principles within
TESCO Plc.............................................................................................................................1
M1 Six sigma methodology and lean principles in TESCO plc.............................................4
TASK 2............................................................................................................................................5
P2. Continuous improvement plan based on the review and critique of operations management
principles within an organisational context............................................................................5
M2 Analyse the effectiveness of a continuous improvement plan.........................................9
D1 Continuous improvement plan for achieving improved efficiency..................................9
TASK 3..........................................................................................................................................10
P3. Stage of PLC to a given project, producing necessary supporting documentation for
completing the project..........................................................................................................10
..............................................................................................................................................13
..............................................................................................................................................13
M3 Analyse project methodologies, tools and leadership within PLC for project..............14
D2 Evaluate PLC through practical and theoretical exploration..........................................14
TASK 4..........................................................................................................................................15
P4. Review and critique the effectiveness of the PLC in application to the chosen project
using appropriate theories, concepts and models.................................................................15
M4 Analyse theories and models of PLC.............................................................................16
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17

INTRODUCTION
Operations management can be defined as an area where administration of a business
firm develops plan, designs a system in order to deliver products and services to customers as per
their needs. In other words, operations management can be understood as conversion process of
input (raw materials, energy, labour and so on) into final products as output. Fulfilment of
demand can be considered as one of major aim of this type of management. Under this report,
firm which has been chosen i.e. TESCO Plc, which is third largest retailer in all over world. 1919
was the year when this British multinational grocery merchandiser has been launched and it was
found by Jack Cohen. Its headquarter is at Welwyn Garden City, Hertfordshire, England, United
Kingdom. Assignment is going to be enclosed with implementation of principles of operations
management (Kerzner and Kerzner, 2017). Assessment will also include discussion of
continuous improvement in organisational context. Apart from this, application of project life
cycle (PLC) has also be done. Lastly, report will put light on effectiveness of PLC with the help
of different theories and concepts.
TASK 1
P1. Review and critique of the implementation of operations management principles within
TESCO Plc
TESCO Plc was found by Jack Cohen in the year of 1919. Organisation have its
headquarter in Welwyn Garden City, Hertfordshire, England, United Kingdom and having
around 6800 retail shops in all over world, mainly at Europe, Ireland, Hungary, Thailand and
Asia. Company is also having approx. 440,000 hard working staff which try to achieve set
targets. TESCO Plc can be taken as third largest retailer all around the globe on the basis of
profit and comes on 9th position if its measured over revenues. In the year of 2017, net income of
this organisation was £54 million and generated revenue was around £55.9 billion. Continuous
improvement approach of this company has helped them in becoming market leader in Asian and
European maker (Larson and et. al., 2014).
Difference between Operation and Operations Management :
Operation Operations Management
This concept defines organisation This tactic specifies administration duty to
1