Operations and Services Management: A Case Study of Tesco
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This report analyses the operation management practices of Tesco, a British multinational retailer company. It critically analyses the impact of these practices on the organization's efficiency, evaluates the role of technology in the process, and identifies supporting functions that ensure organizational success.
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Operation and Services Management
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Table of Contents INTRODUCTION.....................................................................................................3 MAIN BODY............................................................................................................3 Identify one operation management practice within a chosen organization..........3 Critically analysis how this operation management practice impacts the organization in regards to efficiency......................................................................5 Evaluate how technology could be embedded in this process or evaluate how this has already been achieved......................................................................................5 What supporting functions are linked to this operation management practice and evaluate how can they assist with ensuring organizational success?.....................8 CONCLUSION.........................................................................................................9 REFERENCES........................................................................................................10
INTRODUCTION Operation services management is the term of management which helps to optimize the business planning operations. It is the process of planning, controlling, managing the business resources to improve the business operation. It is the function of management which is help to control the overall activities of business operations(Ahmed, 2019).It is also help to manage the production of product and services. In other words, it is referring to the collection of overall business information by producing product and services. Operation services management play a vital role in any organization or business because it is help to analysis the activities of operation system and the overall process of business operations. In this report TESCO, company has been taken which is the British multinational retailer company which was founded by John Cohen, in 1919, in United Kingdom. TESCO deals in general groceries and merchandise. And also provide facilities to their loyal customers. This report will analysis the overall operation process of Tesco which includes, practices, impacts, technologies, and functions. Tesco aim to produce better quality product and services at low price to their customers. MAIN BODY Identify one operation management practice within a chosenorganization Tesco is a multinational British multinational company which was founded by John Cohen in 1919, United Kingdom. It is a third largest retailer company as per calculation of gross revenue. As per research it is a ninth largest company in the world. Tesco headquartered in Welwyn city, England, United Kingdom. Tesco wants to introduce new quality products at low cost and provide better product and services to their customers(Jamali, and Mohammadi, 2018). Tesco has loyal customers. It is a leading retailer company which deals in so many products such as clothing, furniture, books, groceries, food etc. Tesco have many shops across in 5 countries. It is a world known company of UK. The company also provide online and digital services to their consumers which help company to attract more customers and also aware their consumer about their new product and services. The key function of Tesco, they aim to produce better and more services at the low cost to their customers which help in customers expectations. The company wants to fulfilled their customers needs and wants and satisfy them by providing good services and products according to them. The operation services help to analysis the key role of all function of management
which can measure to describe Tesco Operation services. They also aim to become the best leading company in retailing. The operation services practices play a vital role for Tesco because it is help to provide overall information about the Tesco. The operation services can be defined as the many practices such as buying and selling, Supply chain, demand, systems quality, control of stock etc(Kierzkowski, and Kisiel, 2020). Operation management is a tool of system of management which defined as to maintain the high-level efficiency of business The operation management helps to understand the overall system of Business. It helps to analysis the activities of the company including operation activities. For any business or organization Operation management playing a very important role because there are many activities in the business which are done and achieve by operation management. It is the term of management which helps to improve the overall performance of a company and provide many solutions to achieve the goals. The key success of any organization depends on operation system which can be achieve by analysis of supply chain, value chain and other practices of system. Supply chain is defined as the term of practices of operation system which is the chain between supplier and company. In other words, it is the refers to the chain which distribute the products between manufacture to supplier is calledsupply chain. Supply chain basically distribution of product and services which is also called as centralized management. The process of supply a product is called chain of supply of the product. In relation to Tesco, there supply chain is related of some points which can be measure by different phases of supply chain and the phases are given below- ï‚·Direct Delivery: The supply chain of Tesco has a loyal supplier. The supplier is well discipline and controllable where the range of retailer at the low cost. ï‚·Centralization:It is defined as the centralization between company to person. In relation to Tesco, the power of supply chain is center based because company has good communication with the suppliers. ï‚·Complexity: In relation to Tesco, they think to make many more store with different- different design and location which help to customers to easily purchase the product from nearly location.
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ï‚·Composite:it is referring to the Tesco understanding which understand the customer overall needs and wants which helps to analysis the customer behavior and demand (Kutsygina, and et.al., 2019). ï‚·Collaboration:Tesco aims to support the company by providing better services to their customers which makes a successful and better supply chain with suppliers. Critically analysis how this operation management practice impacts the organization in regards to efficiency The definition of operation management is the process of planning controlling organizing organizing the goods and services. It is the process cycle of management. It is helpful to produce the product of material. Mainly every organization depends on the process of management which is helpful to analysis the performance and analysis the process of management for the good working of the employee operation. The management please a very important role. In relation to Tesco, there are many important roles which are helpful to the Tesco which impacts are mention below- ï‚·Product and service quality: Its definition can be given as the quality and nature of the product which is helpful to uplift the customer attraction. The customer satisfaction is based on the quality of the product. ï‚·Customer satisfaction: Customer satisfaction helps to produce the goods in the market for fulfilling customer needs and it gives satisfaction to them with providing their needs. ï‚·Productivity:It is helpful for product and services to uplift them and increase them with sales for future and increase the sales of feature. The productivity helps in marketing increasing where all activities of advertisements are fulfilled with productivity. ï‚·Reduced cost: This is the policy which makes the cost less in the product to attract the customers and uplift the same(Nedaei, 2018).It is helpful in analyzing the actual cost of the product. ï‚·Supply chain: The company supplies the thing to some other persons or company and the persons and company supply. it somewhere else so in this way it makes Chain.
ï‚·Coordination: For making things and sending them to some other places there should be coordination without coordination the chain will be broken and without Chain there will not be any work or sell. There should be proper coordination in everything. Internal and external impact of Tesco Regarding operational management ï‚·Finance:Finance department is a very important department for Tesco Which is operated by a management called operational management. it is helpful to analysis the financial services of the company(Ohyanagi, and et.al., 2019). ï‚·Human Resource:This department helps to analysis the employees who are engaged. It is helpful to motivate and give training to the employees. The HR department of Tesco is very much helpful in engaging the human resources for upliftment of the company. ï‚·Technology change:It is essential to have a change in the technology time to time because the good technology Always helpful to Tesco. It is also helps in making change in the organization of the Tesco includes finance, HR etc. For the betterment of Tesco, it is analysis that Tesco company has very good idea how to manage its employees to work in the best way. This is the only reason that this company is progressing leaps and bounds and, in this way, it is giving its best services to the people of United Kingdom(Qi, 2019). Evaluate how technology could be embedded in this process or evaluate how this has already been achieved It is analysis that new technology has come Tesco which is giving it is a great name and fame and the company is progressing day by day. There are many technologies which are making a great Name and fame. Technologies are so much helpful to every company for its progress because there are good technologies in the company. The company will run fast and it will do a lot. Tesco is coming forward in using the best of technologies and making great progress in every field of life technology. Technology can make the operation management quite nice which helps to uplift the opportunities to analysis the growth of the business. It is also bringing Name and fame of company. The technology is playing a very important role for the organization because it is helpful for the development of the organization. It is of a great help to give a new
shape to the organization and improve the performance(Tan, Tan, and Yeo, 2019).There are many technologies which can change the organization in the best way which is as follows - ï‚·Change of correspondence: The change of correspondence in working atmosphere with the assistance of innovation helps with growing deals, where innovation present new items and management like organizations, Television, phones, online advertisement and communication system. ï‚·Useful business: The development of the technology in Tesco, gives such a new element in the marketplace which help to make the business beneficial with the invention new days commercial and reminder become more valuable and creative which gives help to effectively play out the projects. ï‚·Secure of business: Documents of technology game many more programs and designed to get all the conversation which is helpful for the operational safety. It is helpful in the seed from satisfaction exchanges. the advancement of technology gives so many thoughts like patterns and face recognition etc. which helps in safety of business. ï‚·Changes in investment of joint efforts: Innovation change in technology is very much helpful in the general assistance(Walsh, 2018).Tesco company is very much careful in increasing the joint efforts. It is of the opinion that if joint effort is done in the Increase meant the company will make a great progress because only one effort will not be sufficient for is the progress of Tesco it is requires so many efforts which together are very much useful. Innovation promotions with development with joint efforts is very much essential. ï‚·Representative talent: If the workers are talented, they can give good result to the company. The workers of Tesco, is really very much intelligent persons and they use their talent what is the progress of Tesco and therefore the company is progressing very much. In the setting of Tesco, they play the innovation for the change. Innovation promotions and the main thing which take Tesco on the height which is help Tesco by giving a Name and fame.
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What supporting functions are linked to this operation management practice and evaluate how can they assist with ensuring organizational success? The invention of the approaches is imperative for the growth of a business. The executive plan of action is exclusively dependent upon the purposes of all the resources such as the employees, technology and the financial assets that are provocativelyengaged(Wu, Zhen, and Zhang, 2020).The support functions help the administration to modify their execution in order to improve the direction as well as the management of the company.These practices define the activity of company’s practices which help the company to increase the production. There are certain orientations that proves to be an aid in the reflectivityof the working along with improvingthe presentation, the supporting function are as follow- Monitoring the production of goods: It refers to the daily production of goods in management. It is the long-term process because it is analysis on daily basis. Products and goods production is the activity of business which is done through by advertisement. Inventory management: It is referring to the control of the inventory on cost which is extra payable for customers. The problem of loss and extra cost faced by management and solve it with inventory cost. It is help in to achieve the success and better performance. Analysis the team member performance: Support function will help in to analysis the performance of team members which will help in to control the efficiency of employee. This function is help to support the employee. Employee performance is supported by the operation management(Wu, and et.al., 2018). Motivationofemployee:Employeemotivationplayanimportantroleinevery organization. The support function of operation management will help to motivating the employee which help the organizationto achieve the goals with effectiveness. Utilizationof Resources:Operation management’s support function helps to utilize the resources which is proper utilized when the organization set with different strategies. The utilization of resources will help to make the strategic techniques and method. Met the objectives:The department of operation helps to support the organizationto achieve the goals and render the procedure of strategies to design the objectives and achieve the goals.
ï‚·Improves Goodwill:Operation management appoints the techniques to develop the quality of products which is help to develop the customer satisfaction and also increase the goodwill of company. In context to Tesco, they can use this function to support the company and achieving the success for the organization. These supporting strategies can help to make business more effective and also help to improve the performance of the company(Zeng, and et.al., 2018). CONCLUSION From the above study, it has been analysis that operation and services management is the process of planning, organizing, managing to optimise business resources. It is playing a vital role in any company or organization. It is help to provide high level of effectiveness in the business. It is the term to control and manage the overall process of the activities of the business. Operationservicesmanagementisthetermofmanagementwhichhelptosupportthe organization in any situations. From the above study, TESCO is the British company which aim to provide better services to their customer and also provide them online services. It has been concluded that all the organization practices of TESCO have been analysis by supply chain which is help in production of the product in the company. Supply chain helps to analysis the overall process of production of product which is also known as product life cycle. It has been analysis that there are some kinds of operation functions which helps to analysis the activity of TESCO. It has been analysis that technologies are also an important part for any organization which help Tesco to connect with customers and also helps to provide online services digitally. The overall conclusion of this report is that Operation services management is an important part for any organization or company.
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