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Operations & Project Management Assignment - Tesco

   

Added on  2020-10-05

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Operations & Project Management
Operations & Project Management Assignment - Tesco_1
Table of ContentsINTRODUCTION ..........................................................................................................................3PART 1 ...........................................................................................................................................31. An introduction to your chosen organisation..........................................................................32. An explanation of operation vs operations management .......................................................33.Conduct a review and critique of the implementation of operations management principleswithin organization. ....................................................................................................................44.Analyse the extent to which the operations management of organization meets therequirements of the organization.................................................................................................55. Discuss continuous improvement as a philosophy and describe the Lean principles.............5Map Value Stream...........................................................................................................................66. Prepare a continuous improvement plan based on your review and critique of operationsmanagement principles within your organization.......................................................................77. Using continuous improvement principles, make at least two justified recommendationswhich could improve the operations function.............................................................................8PART 2............................................................................................................................................8(a) Project Life Cycle .................................................................................................................8(b)Review and critique the effectiveness of the PLC ...............................................................12CONCLUSION..............................................................................................................................13REFFERENCES............................................................................................................................14
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INTRODUCTION Operational Management is considered with planning and execution of operationsregarding the manufacturing of goods and services. It is concerned with increasing the efficiencyand effectiveness within the organisation in order to have positive impact on the business processwithin the organisation (Binder, 2016). Project Management is concerned with initiation,planning, execution and controlling the project activities, by achieving the goals and objectiveswithin specified time period. The chosen organisation under the report is Tesco which is amultinational groceries and groceries retailer headquartered in London. Project will throw lightson the implementation of operational management principles and discusses continuousimprovement plan and describes the lean principles. In second part of project sunshine drinkscompany has been taken which manufactures and sells fruit based drinks and enjoys a reputedmarket image. This part of the project will discuss about application of PLC and theeffectiveness of plc by using appropriate theories and concepts.PART 1 1. An introduction to your chosen organisationChosen organisation under the report is TESCO. It is a British multinational groceriesand general merchandise retailer headquartered in England, UK. Respective company came intoexistence in 1919 by Jack Cohen and has expanded globally with its operations in 11 countriesaround the world. Tesco along with retail business has diversified into different areas such asretailing of books, clothing, furniture, electronic, furniture, toys and in financial and telecomservices. Major focus of the company is to provide quality products to the customer to meet uptheir satisfaction level and enhance efficiency in operations (Fleming and Koppelman, 2016). 2. An explanation of operation vs operations managementOperational Management is concerned with designing, implementing and controlling theprocess of production, using the resources in the effective way to provide desired goods andservices to the individuals. Hence which is vital part of the management is considered withtransforming the resources into desired outputs to deliver maximum value to the customers.Operations constitute processing, inspection, transport and storage.
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3.Conduct a review and critique of the implementation of operations management principleswithin organization.Their are various principles of operation management which should be implementedwithin TESCO for enhancing their growth and success. As in the given case TESCO is not usingupdated technology due to which it becomes difficult for the company to survive in thiscompetitive market place. In this context respective company should adopt principles ofoperational management. It is described as follows- Reality- This principle states that TESCO manager should focus on the actual issue to theproblem instead of the tools and techniques. Manager should decide which innovativemethod to adopt to resolve the issue. Organisation- In Tesco functions of every department are interconnected, manger withinthe organisation should check the efficiency of the process and elements needs to bepredictable so as to achieve similar ratio of profits (Harrison and Lock, 2017).Humility- Before executing the project it is necessary for the managers of Tesco tocompletely evaluate each and every element of the project in order to save cost and timein further operations.Success- Success is the most vital component organisation wants to achieve during itsoperations. In context to TESCO their success is based on providing quality products tothe customers by provide effective technology and meet the satisfaction level ofcustomers. Accountability- Mangers of TESCO should be accountable to set rules and regulationsfor their subordinates and should regularly check their work against the goals. This willleads to improved efficiency business process by the use of innovative technology andemployees can perform the delegated task effectively. Causality- Problems or issues arises during the manufacturing process due to poortechnology used. In order to eradicate the concerning issue manager within Tesco shouldfind the root cause to the problem and takes immediate actions (Heizer and et. al., 2017).In case of TESCO their arises technological issues because of poor and ineffectivetechnology used which becomes difficult for the company to sustain in this competitiveworld. In such case manager should take effective decision so as to increase efficiencyof employees within the organisation.
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