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Operations Management Problem

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Added on  2021-05-30

Operations Management Problem

   Added on 2021-05-30

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Running head: OPERATIONS MANAGEMENTOperations ManagementName of the studentName of the UniversityAuthor note
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OPERATIONS MANAGEMENT1Executive SummaryThe primary purpose of this report is to discuss about the operations management problem inrelation to Billabong International Limited. It elucidates on the difficulties and challengesthat is perpetrated on the organisation on account of crytojacking. It discusses about themerits in relation to operations management theory and the need of operational plan for anorganisation.
Operations Management Problem_2
OPERATIONS MANAGEMENT2Table of ContentsIntroduction................................................................................................................................3Operations Management Problem..............................................................................................3Concept Map..............................................................................................................................4Difficulties and Challenges for the Organisation.......................................................................5Scope of the issues and organisational implications..................................................................6Merits to OM theory...................................................................................................................6Planning......................................................................................................................................7Need for Operational Plan..........................................................................................................7Conclusion:................................................................................................................................8References:...............................................................................................................................10
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OPERATIONS MANAGEMENT3IntroductionOperations Management is indicative of an area of management that deals with theproduction of business operations in relation to goods or that of services. It can help to ensurethat the operations pertaining to business are effective and it is concerned with the managingof the entire production system. Industry 4.0 is indicative of the current trend in relation toautomation along with data exchange within the manufacturing technologies. It is alsoreferred to as the “smart factory” and it refers to the ability of the machines along withdevices in connecting people. Billabong International Limited refers to a clothing retailer thatis instrumental in producing different kinds of accessories like watches along with backpacks.This report throws light on the IT security issues of Billabong International Limited. Itdiscusses the lapse in relations to operations management of the organization on the basis ofmy observation and the planning along with contingency plan that can help in solving theproblem.Operations Management ProblemThe IT systems have become the backbone of the society and these systems ifvulnerable poses a threat to that of the individuals along with the companies. The malwareslead to operations management problem in Billabong International Limited and the attackersin the present age are trying to find new ways that can help them in getting around theestablished defense (Heizer 2016). Cryptojacking in Billabong International Limited hasthreatened the computer system of Billabong and JavaScript cryptocurrency has hijacked theCPU power of the organisation. The criminals are making use of ransomware-like tactics sothat the computers of the employees of the company can mine cryptocurrency. The hackersmade the victim to click on a link that is malicious and on the clicking of the link the entiresystem of the employee gets affected. Crypto-mining code started working in the back ground
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