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Operations and Project Management: Review and Critique of Operations Management Principles within Tesco PLC

   

Added on  2023-06-04

15 Pages4972 Words450 Views
ID
Unit Number and Title Unit 187 –
Operations and
Project Management
Title Review and Critique
of Operations
Management (Part
1

Table of Content
Part 1: Business Report
1. An introduction to chosen organization p
2. An explanation of operation vs operations management p
3. A review and critique of the implementation of operations
management principles within the chosen organization p
4. An analysis of the extent to which the operations management of
the organisation in the case study meets the requirements of the
organization p
5. Discussion of continuous improvement as a philosophy and
describe the Lean principles p
6. A continuous improvement plan, including your justified
recommendations for improvement, based on your review and
critique of operations management principles within your
organization p
7. Conclusion p
References p
2

1. An introduction to chosen organization
The main aim of this report is to do the examination that are related with the
management of the project and operation. Tesco PLC is company that deals in
groceries and ordinary merchandise retails corporation since 1960s. It is the firm that
has evolved itself in the field of books retailing, items of cloths, furniture, electronics,
telecommutes, software, financial services, petrol and internet services (Ding and et
al., 2020). It has also implanted their stores and shops in five nations over the whole
world. It is also known as the leader in the groceries market in UK. It is the listed
organization at the London Stock Exchange and is also a element of the FTSE 100
index. The TESCO is the third biggest retailer company when done the comparison
in order of profitability and considered in fifth largest retailer organization in their
revenue as well over the world.
2. An explanation of operation vs operations management
The management of the operation in business term refers to the bunch or set
of the number of functions that acts simultaneously for better running of the business
firm or organization. These activities or functions are related with the manufacturing
or production as well as supply of the items. Operations contains number of methods
or procedures that are contemplated for the purpose of achieving the target, aims
and objective of the company such as maximizing their profits or earnings. It
considered all the elements or sources that are related to the needs and wants of the
human beings or consumers in the market scenario (FAN and et. al., 2022). It
includes the procedure of contemplating the better assurance of the quality of the
item and preparing the process for the plans that are related to the ideas for
engagement , production in the firm and usage of the resources.
The management of the operation consists activity of the corporation or
manage them in order to generating the highest possibilities of the efficiency in the
business enterprise. The term of the operation management does the transferring
the raw material with labor work into the finished goods and services. The main
purpose of this management is to do be done and utilized the sourced in appropriate
manner and effective way those have chances to give the surety of maximizing their
earnings (Habib and et al., 2021). It contemplates to another process for the purpose
of making their production efficient and managing the cost with the help of revenue in
the corporation so that the firm or business is capable to reach at the forth position to
3

hold the highest incomes or earnings from their operational activities. The main
purpose or objective of the operations management is to utilization of the sources in
appropriate manner that relate with the material, machinery and labor of the
business firm.
Operations Operations management
It consists the activity which based
on daily practices. These type of
activities includes the production
of the commodities in the firm,
maintenances and management
of the inventory as well as raw
material.
The Tesco's operation activity
refers to the deals that doses
relate with the marketing and main
purpose is to selling their items or
commodities in the present market
to increase their revenue as well
as their earnings.
It consists the whole process that
managing the efficiency of the
production. It refers to the
administration of functions that a
firm requires to run their day to
day activities in effective manner
by observing number of
departments and furnishing the
goals.
For instance, Tesco executes the
modifications and implement the
alternative products that helps in
changing the product preferences
and applying the modifies items by
using the better raw materials,
machinery and efficient labour for
improving the entire system of the
production in the enterprise. The
rectified production assist the
company of Tesco to maximize
their incomes as well as revenue
as compared to last years.
3. A review and critique of the implementation of
operations management principles within the chosen
organization
These management principles contains the quality management and control,
planning in appropriate manner that aids to give the instructions to the firm for the
purpose of attaining their aims and goals.
1. Reality: Operations administration should concentrate on entire issues an
problems rather than tools and techniques because there is no tool and
technique that are able to solve the problems which can be found so the
4

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