Operations Management of BHP Billiton Research 2022

Running head: OPERATIONS MANAGEMENT
Operations management of BHP Billiton
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OPERATIONS MANAGEMENT
Table of contents
Introduction................................................................................................................................2
Company profile.........................................................................................................................2
Discussion..................................................................................................................................3
Operational strategy in a global context.................................................................................3
Quality management and process design...............................................................................5
Conclusion..................................................................................................................................8
References................................................................................................................................10

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OPERATIONS MANAGEMENT
Introduction
Operations management is the discipline, which deals with management of efficiency
within the companies and organizations. The main objective here is to transform the labour
invested by the staffs through the judicious use of the resources. The typical components of
operational management are planning, organizing and supervision, which upgrades the
standards and quality of the operations for achieving higher profitability (Choi, Wallace and
Wang 2018). In this assignment, the aim is to peek into the strategies adopted by BHP
Billiton for managing and controlling the operations. Specifically, the focus would be on
quality management and process design along with operational strategies within the global
context.
Company profile
BHP Billiton has achieved accolades and glory by emerging as one of the reputed
trading entity of BHP Group Limited and BHP Group PLC. With its headquarters in
Melbourne, Australia, the company deals in mining materials like metals and petroleum. It is
enlisted as one of the ASX listed companies, trading as LSE: BLT, NYSE: BHP. The
operations of the company are spread worldwide. As a matter of specification, the company
deals in iron ore, coal, petroleum, copper, natural gas, nickel and uranium (Bhp.com 2019).
According to the annual reports of 2018, the annual revenue of the company was 43.638
billion US$. The operating income was 17.561 billion US$. The net income was 4.823 billion
US$. The major drive behind this is the hard labour of more than 62000 employees.
Discussion
Operational strategy in a global context
The strategy of BHP Billiton is considered to be simple and diversified in terms of the
low cost options and value creations, upon which the focus is placed for the achievement of
growth and development. Consciousness towards the preservation of the cultural values with