Operations Management Research
Added on 2020-02-03
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Operations Managementin Business
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Operation management and its importance...........................................................................31.2 Operation function of an organisation...................................................................................41.3 Input-transformation-output process model..........................................................................5TASK 2............................................................................................................................................52.1 Importance of the ‘Three Es’................................................................................................52.2 PESTLE analysis, of a company between cost minimisation and quality maximisation.....62.3 Significance of Quality, Speed, Cost, Reliability and Flexibility in operations management.....................................................................................................................................................7TASK 3............................................................................................................................................83.1 How they use linear programming to add value to the production process..........................83.2 Critical path analysis and network plan of ASDA................................................................93.3 Need of operational planning ...............................................................................................9TASK 4..........................................................................................................................................114.1 Define operational outcomes for an organisation of your choice.......................................114.2 Produce a network plan indicating the resultant critical path.............................................114.3 management techniques......................................................................................................13CONCLUSION..............................................................................................................................14REFERENCES .............................................................................................................................15
INTRODUCTIONOperation is a process of producing goods as well as services. In the businessorganization, operation is the important part of a business that they provide and manufacturegoods ans services. Goods include raw materials and they are physical items. Along with thisservice can be defined as a activity that provide to the customers as well as composite of time. Inthe business operation function is responsible for providing good as well as service to thecustomers in the market (Wheelen and Hunger, 2011). In the organization for success theyinclude the finance, operation along with the marketing. Supply chain of the product is alsoincluded in operation management which include some steps and they are interconnected that issuppliers suppliers, direct suppliers, producer, distributor and final customers. Supply chain ofthe product are both internal as well as external to the business. The external factors are includedraw material, equipment and suppliers and the internal factors of supply chain are also related bythe operation function of the business. ASDA company is related to the food retailer in UK(Operations Management, 2017). The ASDA company had increase in the cost that can help inenhance sales volume within store. In the below mention report concept of operationmanagement has to be discussed.TASK 11.1 Operation management and its importanceOperation management is a part of a company without it company will not workproperly. In operation management we transformation of operational and production of inputsand get the the output for the customers. Operation management is run by the higher level of acompany. The main aim of the operation management is to convert labour and material into theservices and goods. They will invest money into the products and generate revenue by themanufacturing of product (Becker, Kugeler and Rosemann, 2013).Operation management utilise resources such as material, technology, staff andequipments. operation managers deliver their products to their clients and generate relation withthem. Take a example of ASDA it is British superstore who sales toys, general commodities andfood. The value chain of ASDA has better image in the market. It is in core idea in strategic andmarketing management field. The value chain of ASDA is very similar to the value chain of
porters five value chain. Their are two functions in an organisation core functions and primaryfunctions.Primary function is to convert raw material into the finished goods and the operation partis to outbound logistics. Select the target market and fulfil their demand by sales service. It is amajor player in the market and economies of scope which are considered as key bargainingpower. It helps to achieve target by low cost from the suppliers of an organisation. Marketingand sales program of ASDA are they provide many scheme and benefits to the customer. Theissues which are related to the public awareness, environment, reduction of waste and carbonfootprint involved in making of product (Myers, 2013). The operation management of Sainsbury's is very broad. IT is the third largest supermarket company in the UK. They have various products in the market which related to the fooditems. They provide fresh, healthy and safe product which is cure for your health.1.2 Operation function of an organisation Operation function of ASDA is to provide goods and services to the customers.Operation management has to focus on trend which is in the market and they have to makequality of goods and services. It is the part of an organisation the higher level of an organisationdecide which type of quality of goods they have to provide in the market. Which type of productstheir customer wants. They focused on planning, controlling, quality management,informationsystem, inventory system, accounting. Orchestrate all the resources needed to produce the finalproduct. Transform organisational inputs into the final products (The importance of operationsManagement, 2016).ASDA provide many products in the super market which are useful for people. Theservices of the ASDA is very well In comparatively to the other brands which are in the supermarket and also the competitor of ASDA. The long term performance is based on operationfunction. If you wants to get profit from your employers you will have to motivate them and giveincentives to them by they will work more effectively and efficiently. It is helpful for theorganisation to generate the margin in the super market (Karlsson, 2016). Identifies the priorities for the continuous improvement of the company and employees.Work with in the culture and develop your performance skills. Company have to understandabout their capabilities. Managers organise the plan and apply on the production strategy it willhelpful for satisfy the customer internal and external need. It is a continuous process, reducing
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