Operations and Project Management: A Study on Tesco
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This report focuses on the principles of operation management and project management in the context of Tesco. It includes a brief analysis of the extent to which the operations management of the business enterprise meets the requirements of the business, and a continuous improvement plan with recommendations for improvement.
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Table of Contents PART 1...........................................................................................................................................2 INTRODUCTION..........................................................................................................................2 TASK...............................................................................................................................................3 Give a brief introduction of the organisation chosen for this report.....................................3 Discuss for the explanation of operation versus operation management..............................3 Discuss the various principle sf operation management in respect of the organisation........4 Give the brief analysis of the extent to which the operations management of the business enterprise in the case study meets the requirements of the business.....................................5 Explain what is continuous improvement as philosophy and also explain learn production and six sigma.................................................................................................................................6 Develop a continuous improvement plan..............................................................................7 What is Continuous improvement plan with some recommendations for improvement......8 CONCLUSION...............................................................................................................................9 REFERENCES..............................................................................................................................10 PART 2.........................................................................................................................................11 Project Portfolio.............................................................................................................................11 Project Title..........................................................................................................................11 An overview of the case study you have been given\..........................................................11 Give an explanation of each stage of the PLC that applies for the selected project,...........11 Analysis of the project methodologies and tools used.........................................................12 Review and critically evaluate the effectiveness of the PLC in application to your project using the appropriate theories models and concepts............................................................13 REFERENCES.............................................................................................................................16
PART 1 INTRODUCTION The operation management deals in the day to day activities and as well as strategic business issues should be able to work systematically. It is the administration of businesses practicestocratethehighestlevelofefficiencywhichispossiblewithinthebusiness organisation.The main purpose of the manager to to convert the material sand labour into the product and services as effectively as possible. It also concern over the management of the inventory and the production process which is invoked in the business enterprise. Where the project management is related to the use of the specific knowledge, skills, tools and techniques to deliver something of value to the people(Brown, Bessant and Jia, 2018).This report is based on the Tesco company which is the British multinational groceries and general merchandise retailer. The company is headquartered in Welwyn Garden city, England.It is the third largest retailer in the world. This r3eport will include various topics such TASK Give a brief introduction of the organisation chosen for this report The company chosen for this report is the Tesco Plc which is the British multinational retailercompany.Thebusinessorganisationisthemultinationalgroceriesandgeneral merchandise. It is headquartered in England. The company is known as the third largest retailer in the world which is measured by the gross revenues. It is the supermarket and has operated in the five countries across Europe. The company was founded by Jack Cohen in 1919 as a group of market stalls in Hackney, London. It deals in the varieties of products. It is involved in the both supermarket and hypermarket where the consumers can get the availability of the variety of product under one roof. The business enterprise has expanded globally since the yearly 1990s, with its operations in the other 11 countries across the world(Magon, and et.al., 2018) Discuss for the explanation of operation versus operation management As every business organisation has a operation function. The main purpose of the enterprises is the conduct the production process to produce the products and swerves. The large organisations have the operation function areas which need tp be managed effectively by the managers or the operation departments. The operations is all about conducting the process from
collecting inventory to the final product produced. In between this process there are several steps and process with comes under the operations. The operation managements is the administration of business practices so that the business organisations can create the highest level of efficiency possible within an business enterprises. The management or the department is concerned with the control over the inventory of the organisation. Also the operation management is responsible t to manage the time taken for the production of the goods and services(Donovan and et.al., 2017) OperationsOperation management In context of the Tesco the operations are related with the day to day activities whichareperformedinorderto achieve the goals of the organisation. The operations is all about performing the activities for the company, the main aim is to produce the product within the stimulated time period. Theoperationmanagementinthe Tescolooksforthedefectsinthe processofproduction.Themain purposeofthedepartmentisto minimize the defects in the production process. Theoperationmanagementinthe companylooksforthemethodto improvethequalityoftheproduct while increasing the efficiency. Discuss the various principle sf operation management in respect of the organisation Principles of operation management There are various principles of operation management which are discussed below; Principle of reality-This principle states that operation managers should focus on problems not techniques because there are no tool which can provide universal solutions. In context of the Tesco the operation manager n3eed to gather the information related to the market dynamics which is demand and supply of the products. This can help in capturing the reality that which products are sold more in the market and has high demand(Victorino ,and et.al., , 2018)
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Principle of accountability-This principle states that the individual working in the business organisation are required to take accountability for the r4esults which have been driven through them. Every employee has different role and responsibility which are liable for an individual. In Tesco the employees are required to take responsibility of the work they are performing and they are been regularly checked whether the objectives are been achieved or not. Principle or organisation-This principle states thatthat different activities of company is required to manage in a systematic way. In organization, there are various departments work collaboratively for accomplishment of set goalsIt is very important for the Tesco to apply this principle to manage their activities and perform effectively and efficiently in order to achieve the goals of the organisation(Shi, X., Yao,. and Luo, 2021 Principleofchange-Accordingtothisprincipletheorganisationneedtoadopt according to the dynamic nature and changes around the world. This can include understanding customers and the target clients. It is essential for the Tesco to modify the current practices of the organisation by implementing innovative and creative ideas within the company(Choong and Islam, 2020) Give the brief analysis of the extent to which the operations management of the business enterprise in the case study meets the requirements of the business Operations management is applied by the business organization so that they can meet with requirements of business in an efficient manner. In this context, certain goals of Tesco are discussed below: Cost reduction-Under this the business organisation aims to produce the products with the minimum expenses it is very important for the organisation to minimize its cost within the right period of time and produce the same quality of products for its customers. In respect of the Tesco the managers apply the right techniques so that they can produce the products with higher efficiency and minimum cost. This will help company to attain its goal of cost reduction in an efficient way. Quality-In the current scenario the quality have become the most important aspect which need to be considered by the business organisation. The customers seeks for
quality at first then it concerns over the price. The Tesco company needs to maintain its quality of the products in order to attract customers(Gallino, and Moreno, 2019) Productivity-The main purpose of Tesco is to enhance the level of productivity. By improving productivity, they can easily reduce the cost while maintain quality of production. The business organisation can attain this goal by applying suitable operation management techniques in business. Explain what is continuous improvement as philosophy and also explain learn production and six sigma It is identified that the operation management is a crucial business function wherein business activities are managed in productive way. It aims to enhance the overall level of efficiency of business by implementation of suitable operation management tools & techniques. There are few example of management approaches which are applied by the Tesco company: Six sigma-This is the statistical method which aims to facilitate efficiency in the overall production. This can include the various topicsIn context of Tesco, they implement six sigma technique in order to produce quality products. It helps company in reducing down the wastage so that quality products can be produced. It is crucial in order to provide higher level of satisfaction to customers in order to ensure frequent purchase in future period of time. Lean production:It is a well-known technique of operation management which is based on continuous improvement. It aims to improve the production process constantly by minimizing wastage. It improves overall quality of production in order to attain high customer satisfaction. In addition to this, lean production is also helpful in ensuring timely supply of goods to customers by maintaining consistency in production process. In Tesco, they implement lean products with an aim to improve the overall production process in an efficient manner. So, they are able to provide elevated experience to customers. Just-in-time:It is an inventory management technique wherein company gives order for the inventory when they actually requirement of it. This technique is applied in order to avoid the situation of inventory surplus and deficiency
It is analysed that effective implementation of six sigma technique will improve overall efficiency of company. With this, company will able to improve the quality of products while mitigatingwastage.Itwillenablerespectivecompanytoensurebettercustomer experience(Boffelli, and Johansson, 2020). Develop a continuous improvement plan The continuous improvement is all about improving the overall performance of the business entity by achieving the targets in the production process. Here the organisation main motive is to examine the entire manufacturing process in order to identify any kind of mistakes which is there in the process and that can be identified at the right time to make corrections. Lean production, JIT are certain techniques that are applied to enhance the efficiency of enterprise constantly. It respect of the Tesco the company applies a continuous plan so that they can bring the effectiveness in the production process . The main purpose of the operation management is to improve the quality of the production and increase efficiency. There are various strategies which have been applied in order to have a improve plan which is explained below: Kaizen-This techniques is used by the organisation to signify the creative culture of the continuous improvement. In the Tesco company the employees work together so that they can achieve the target on the time and they also can increase the productivity within the organisation. Total Quality management-This is the most important technique which is been adopted by the company. It is important to maintain the quality of the product which is the main aim of Tesco and it practices this technique in order to keep the high quality of products in its organisation to satisfy its customers. Benchmarking-This technique is used by the business organisation in order to produce standardize products . This is used by the managers where they set the benchmark and then further put efforts in order to attain those standards to enhance the overall efficiency of the business organisation. The plan ObjectiveResourcesImprovement plan Time lineResponsible person
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Reducing costEmployeesand equipments The company can adopttheSix sigmato minimizethe overall cost of the company.With thehelpofthis techniquethe companycan minimizethe wastageand increase efficiency. 31/03/21Cost manager QualityManagers and the safety department The administrationof the company can applythesafety techniqueswith the aim to provide safeandsecure environmentfor its employees. It is in progress & likelytoachieve till 2023. Departmentof repairand maintenance. What is Continuous improvement plan with some recommendations for improvement Taylor management- Taylor develops scientific management so that efficiency of work force can be optimized in an efficient manner. In context of the Tesco they follow this practice so that managers and employees both can perform their work in an efficient manner.
Flexible specialisation-This is the technique where the organisation uses its employees who are highly qualified and those equipments which can help in increasing the efficiency of the business organisation(Mohanty, and Vyas, 2018). Recommendations For the Tesco company it is recommended that the company can use the accountability principle so that each and every employee of the company remain well familiar with the work they have to do in the workplace. This can help the company to maintain the predefines success in the efficient manner. It is also suggested that the company need to maintain the healthy relation with its stakeholder in order to achieve its goals and objectives for the success of the company(Stauffer, and et.al., 2018). CONCLUSION From the above report it is concluded that the operation management and the project management is very essential part that need to be concentrated by the managers of the business organisation. The main purpose of the operation management is to enhance the efficiency of the production process. There are various principles of the operation management which need to be followed by the organisation in order to achieve the goals on the right time. There is a continuous plan which have been made above in the report wh9och the use the techniques the company can achieve its targets and goals.
REFERENCES Books and Journals Boffelli, A. and Johansson, M., 2020. What do we want to know about reshoring? Towards a comprehensive framework based on a meta-synthesis.Operations Management Research,13(1), pp.53-69. Brown, S., Bessant, J. and Jia, F., 2018.Strategic operations management. Routledge. Choong, K.K. and Islam, S.M., 2020. A new approach to performance measurement using standards: a case of translating strategy to operations.Operations Management Research,13(3), pp.137-170. Donovan, C.M.,and et.al., 2017. Organization and operations management at the explosive incident scene.Annals of emergency medicine,69(1), pp.S10-S19. Gallino, S. and Moreno, A., 2019. Operations in an Omnichannel World: Introduction. InOperations in an Omnichannel World(pp. 1-11). Springer, Cham. Magon, R.B., and et.al., 2018. Sustainability and performance in operations management research.Journal of Cleaner Production,190, pp.104-117. Mohanty, S. and Vyas, S., 2018. It operations and ai. InHow to Compete in the Age of Artificial Intelligence(pp. 173-187). Apress, Berkeley, CA. Shi, X., Yao, S. and Luo, S., 2021. Innovative platform operations with the use of technologies in the blockchain era.International Journal of Production Research, pp.1-19. Stauffer, J.M.,and et.al., 2018. Asset supply networks in humanitarian operations: a combined empirical-simulation approach.Journal of Operations Management,63, pp.44-58. Victorino, L.,and et.al., , 2018. Service operations: what have we learned?.Journal of Service Management.
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PART 2 Project Portfolio Project Title As this project is basically concentrates on offering healthy food to staff faculty who are performing in a management. Hence, the title of the task that are chosen in this iscooking in house.(Fewings and Henjewele, 2019) An overview of the case study you have been given\ This report is based on the case study ofMcclure oil company who are accountable for offering services that are related to oil and gasoline, coal distribution and increase their consumer base. As there are two managerial aims of the management which are to decrease time intervals. Another purpose is to support staff faculty in creating wealthy life standards by considering that CSR is a part of business and also supports in decreasing candidates absence. This project is concentrates on offering healthy food to staff faculty. As there might be some specific options that are accessible and by this one of the option that the management concentrates on is cooking of healthy food. In relation to the Mcclure oil company, they are utilizing sort of approaches to offers healthy meals to their staff faculty by cooking food in their homes and their working situations(Kerzner, 2018) Give an explanation of each stage of the PLC that applies for the selected project, By providing higher term of facilities it will resulted in computation of the chosen frame of time of newly facilities that are in managerial structure. As there might be specific facilities that are emerging sections that are not capable to sustain in the field of market. There are various sections of the manage mt which are discussed below: Project initiation-This is considered as the initial stage of the managers where they conduct the orientationoftheconsumersarepertheirneedsanddesiresthecompanyisbasically concentrating on the offering the effective team of services and facilities which can improve the deficiency of the company(Pan and Zhang, 2021).
Projectplanning-Thisisthestagewherethemanagersandtheexecutivesare responsible for maintaining the new tactics and techniques which can lead to the identification of the future opportunities for the company. Here the company can create the legal dealings and presenting the statement orientation.Executives in this field, divide and proceed their targets into small sections and their sections are being distributed to all candidates as per to their skills Project execution-This is the stage where the actual plan has to be executed. The managers are accountable for using the techniques and different tool which can help in achieving the target of the business organization. This involves the tough decision which need to be made by the managers in use of the tactics to accomplish the goals of the business. As in the context of the Mcclure the company first test the quality of food to the employees working in the organization. The management is spending high amount on decreasing their time and value while utilizing lean production and six sigma(Hwang, Zhu and Tan, J 2017). Project closure-This is the stage where the project has be closed As there are global field of development in the management. As by offering healthy food products that will be resulted in increasing satisfaction of candidates who are performing by their employees. The company offers their food to their staff members in order to satisfy their needs and wants. They they pass their documentation procedure of management and informs all their candidates to finally take a food products. Such food products is prepared in home or at working location. Analysis of the project methodologies and tools used Rational unified process- In this procedure, there will be involvement of theseveral sections such as supervision, coordination, construction and transformation. It will termed as global framework that will supports in getting users response at their growth sections(Galli, 2018). Agile methodologies– this is a structure which is theadoptive approach in context to the planning and maintaining the way of the business. It will offers specific benefits that will supports in rapid way and maintaining unexpected conflicts and challenges. As it will supports in presenting varied manner of changes in various stages. Project leadership-It is assumed that if the manner of the leadership is maintained properly within the business organization that the company can achieve its targets and the employees will also be motivated. It is very important for the managers to have good
leadership skills so that the employeescan perform better(Larsson, JEriksson and Pesämaa, 2018). Review and critically evaluate the effectiveness of the PLC in application to your project using the appropriate theories models and concepts Performance management This is the corporate management tool which can help the managers to monitor and evaluate the work which is done by the employees within the organization. As there might be several benefits and drawbacks of performance management which are discussed below: Advantages-The performance management can help the managers to evaluate thye performance of the employees and this can make them to improve if there is need. Also, for those employees are are working hard will be an appreciation by evaluating their work this can motivate them and they can do more better in their respective job roles. Disadvantages-As there will be specific drawbacks of performance management that are effectively time consuming. As such activities will involves higher time of managers and candidates. the performance management can lead to creation of the bias among the employees where the more efficient one can be a demotivate for the employees who is trying to improve in the organization(Perkins, Mathur and Jugdev, 2020) Key performance indicators This is the measures which is undertaken by the mangers for the specific period of time andforthespecifictargetwithinthebusinessorganization.Astherearespecifickey performanceindicatorsofthisprojectsuchasrevenuegrowth,consumerandemployee satisfaction and reduction in candidates turnover. Revenue growth-It is assumed that if there will be maximization in the managerial revenue and profitability then it will be termed as that the management area developing and the project will be get successful. In relation to the Mcclure oil company, they are mentioning their presentation by such approaches.
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Consumer and employee satisfaction-As in this if the staff faculty are getting higher amount of satisfaction then on the other side it will resulted in increasing of the managerial performance. As it will be helpful for both staff faculty and the business of management. Project monitoring and evaluation It is considered the most important aspect of the plan which needed to be conducted by the managers of the business organization. In this current section the plan is where to provide the healthy food to the employees of the organization and the managers of the management that might have to supervise the performance of all staff member that should have to evaluate the orientation of goods that are utilized in respect to accomplish their objectives and the goals. As on the other side, managers will concentrates on determining various sort of the issues that are might be faced at the time of execution of tactics in the managerial situation. Managers allotted task to all mentors in the managerial teams to resolve their issues by their own and there might bedecreasingofissues.Theprojectofofferinghealthyanddelightedfoodmightbe accomplished by creating food at their workplace and it will resulted in growth of staff faculty. It will supports them in increasing candidates satisfaction and acquiring them for longer period of time in the business(Hermano and Martín-Cruz, 2019). Importance of reliability and validity The term reliability is defined as the profitability that a component will perform Its function for a specified period of time. On the other side, credibility is considered as an important in assessing the sections because it will refers to the degree through which consequent level is effectively utilized to substantive reasoning about their test which is undertaken. As such both are considered the important aspect for evaluating the project sections due to the reliability and validity will help in growth of a project successfully and accomplishing their managerial aspect of the business organization.(Aleksic and et.al., 2017). Phases of PLC As there are four phases of PLC which are commencing with the initiation section as in relation with the business of management they are using leadership style in respect to offers healthy food product to their candidates. As on the next side planning phase, it will include the participate leadership which is utilized to make innovative sections and innovate content twhich
are interrelated with the functions and operations that are need to be conducted in managerial situation. Another one is execution phase, this will involves a suitable monetary funds that are might be required for implementing of such sort of business strategies which are introduced in planning phase. And at the last one is closing stage, in this field of the respective management it has been closed and the leaders and managers are more focused towards their accomplishment of the objectives and goals of the business organization.(Kravets, and et.al., 2019).
REFERENCES Aleksic,A.,andet.al.,2017.Projectmanagementissues:vulnerabilitymanagement assessment.Kybernetes. Fewings,P.andHenjewele,C.,2019.Constructionprojectmanagement:anintegrated approach. Routledge. Galli, B.J., 2018. Risks related to lean six sigma deployment and sustainment risks: How project managementcanhelp.InternationalJournalofServiceScience,Management, Engineering, and Technology (IJSSMET),9(3), pp.82-105. Hermano, V. and Martín-Cruz, N., 2019. Expanding the knowledge on project management standards: a look into the Pmbok® with dynamic lenses. InProject Management and Engineering Research(pp. 19-34). Springer, Cham. Hwang, B.G., Zhu, L. and Tan, J.S.H., 2017. Green business park project management: Barriers and solutions for sustainable development.Journal of cleaner production,153, pp.209- 219. Kerzner, H., 2018.Project management best practices: Achieving global excellence. John Wiley & Sons. Kravets, A.G., and et.al.,2019, April. Web Portal for Project Management in Electronics Design Software Development. In2019 International Seminar on Electron Devices Design and Production (SED)(pp. 1-6). IEEE. Larsson, J., Eriksson, P.E. and Pesämaa, O., 2018. The importance of hard project management and team motivation for construction project performance.International Journal of Managing Projects in Business. Pan, Y. and Zhang, L., 2021. A BIM-data mining integrated digital twin framework for advanced project management.Automation in Construction,124, p.103564. Perkins, D., Mathur, G. and Jugdev, K., 2020. Project management resources and outcomes: a confirmatory factor analysis.International Journal of Managing Projects in Business.