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Operation Management, Strategy, Competitiveness and Development of Operation Strategy

   

Added on  2023-01-03

8 Pages2549 Words1 Views
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Operations
Management
Operation Management, Strategy, Competitiveness and Development of Operation Strategy_1

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Discussion of operation management, strategy, competitiveness and development of operation
strategy.........................................................................................................................................1
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Operation Management, Strategy, Competitiveness and Development of Operation Strategy_2

INTRODUCTION
Operation management could be defined as the process of managing all the operations in
systematic manner so that the desired goals and objectives could be met. In other words, it could
be described as the administration of business practices which can help to enhance efficiency of
the organisation. If the entities will be highly focused with it then it may result in maximised
profits (Ahmadyar and Verbič, 2016). The entity which is selected for this essay is Arcadia
Merchandise which is one of the largest retailers of United Kingdom. There are various topics
that will be covered in this discussion which includes operation management, it strategy,
competitiveness and development of the strategies.
MAIN BODY
Discussion of operation management, strategy, competitiveness and development of operation
strategy
Operation management is related to proper management, control, analysis, assessment
and design of all the operational activities that are performed by an organisation. It is very
important for businesses to make sure that they are focused with it because it is required for
improving profits. By formulating effective decisions related to it, the management teams of
businesses will be able to analyse the opportunities for improvement in business which can help
to sustain in the market for long run. Arcadia Merchandise is a large organisation that executes
all its operations effectively at global level. It is very important for the company to make sure
that it pays attention towards operations management. With the help of it, the entity will be able
to sustain in the market systematically (Alramlawi, Gabash and Li, 2017).
Operation management is a business function which is required to be focused by all the
businesses as it is responsible for proper management of all the offerings that are made by the
entity to the customers. The main activities that are focused in it are planning, controlling,
coordinating, organising etc. In Arcadia Merchandise the managers try to make sure that they are
focusing towards controlling and planning of all the operations systematically as it is required to
meet the expectations of all the clients. It is essentially required for all the businesses because it
supports effective management and controlling of human resource as well as the products of
organisation. With the help of operation management, the managers of Arcadia try to assure that
they are focused with primary activities. Some of the primary activities includes facilities,
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Operation Management, Strategy, Competitiveness and Development of Operation Strategy_3

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