Purpose of Strategic Operations Management
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Added on 2020-02-19
Purpose of Strategic Operations Management
Added on 2020-02-19
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Running head: MANAGING STRATEGIC RESOURCES & OPERATIONSManaging Strategic Resources & OperationsName of the Student:Name of the University:Author’s Note:
1MANAGING STRATEGIC RESOURCES & OPERATIONSTable of ContentsIntroduction......................................................................................................................................2Overview of company Tindo Solar..................................................................................................2Day-to-day operation of Tindo Solar...............................................................................................3Linking to the company operations.................................................................................................5Sustainability of the business operations of the company...............................................................7Conclusion.......................................................................................................................................9References......................................................................................................................................10
2MANAGING STRATEGIC RESOURCES & OPERATIONSIntroductionThe main purpose of strategic operations management is to help and support the businessorganizations to increase the overall performance. In order to achieve strategic operationssuccessfully, the business organizations need to consider efficiency and flexibility. The strategicoperations management consists of competitive business approaches and moves to ensuresuccessful business performance. This helps the organizations to define the mission and vision ofthe business by setting accurate objectives and implementing and executing suitable strategies.The fact that everything is done strategically, defines the success of the operations management.This report emphasizes on identifying and analyzing the operations of the organizationnamed Tindo Solar by considering the value chain of the organization. The report also includesthe inbound and outbound logistics of the company and its effect on the customers. Overview of company Tindo SolarTindo Solar is a solar panel manufacturing company based in Adelaide, Australia. TindoSolar is a national company that designs and manufactures solar panel products strictly based onthe Australian conditions. The products manufactured by the company are of superior-qualitydue to which the products are highly preferable among the customers. The solar panelsmanufactured by the company require minimal maintenance thereby, making the products cost-effective for the customers. Due to technological advancements, the company has incorporatedthe latest features in the solar panel products. Therefore, the solar panel products manufacturedby Tindo Solar are highly automated and technologically advanced. By considering the presentmarket trend, the company has made required amendments and inclusions in terms of technology
3MANAGING STRATEGIC RESOURCES & OPERATIONSin the products. As a result, the solar panels by Tindo Solar are highly preferable within themarket and the customers. Moreover, the company provides various service options to thecustomers such as easy finance and installation along with the installation charge as low as$2000. Furthermore, the company provides more than 20 years as guarantee period thereby,making it more reliable for the customers1. Day-to-day operation of Tindo SolarIn order to run a business successfully, it is essential for the business organizations toconduct certain operations strategically. This helps in maintaining the track of the variousstrategic activities conducted for successful business operations. Settings goals timely and theability of the business organizations to manage the vicissitudes of the daily operations of thebusiness highlight the backbone of the business2. Therefore, effective management of the dailyoperations of Tindo Solar includes managing finances, operation planning, protection ofbusiness, benchmarking, supply chain management, management leadership, organizationaldesign and business sustainability3. Finance management is a crucial aspect of for Tindo Solar, as this provided opportunityfor appropriate financial resource management. Financial management is concerned with theacquisition, financing and management of assets thereby, resulting in the success of thebusiness4. The business organizations fail to utilize its complete potential for growth andexpansion without proper administration and effective utilization of finance. The main factors of1 'Tindo Solar –' (Tindosolar.com.au, 2017) <http://www.tindosolar.com.au/> accessed 31 August 2017.2 Poksinska, Bozena, Dag Swartling, and Erik Drotz. "The daily work of Lean leaders–lessons from manufacturingand healthcare." Total Quality Management & Business Excellence 24.7-8 (2013): 886-898.3 Matta, Andrea, et al. "Modelling home care organisations from an operations management perspective." FlexibleServices and Manufacturing Journal 26.3 (2014): 295-319.4 Hepsø, Vidar, et al. "Integrated Environmental Monitoring in Daily Operations." SPE Intelligent EnergyInternational. Society of Petroleum Engineers, 2012.
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