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Strategic Resource and Operations Management

   

Added on  2022-12-20

10 Pages2362 Words27 Views
Business DevelopmentData Science and Big Data
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Running Head : STRATEGIC RESOURCE AND OPERATIONS MANAGEMENT
Strategic Resource and Operations Management
Name of the Student
Name of the University
Author Note
Strategic Resource and Operations Management_1

1STRATEGIC RESOURCE AND OPERATIONS MANAGEMENT
Table of Contents
Introduction......................................................................................................................................2
Discussion........................................................................................................................................2
Overview of the company................................................................................................................2
The day-to –day operations of the company....................................................................................3
Linkage between the activities of Coles Group and LB523O Theories..........................................4
Sustainability of the Value Chain....................................................................................................5
Conclusion.......................................................................................................................................7
References........................................................................................................................................8
Strategic Resource and Operations Management_2

2STRATEGIC RESOURCE AND OPERATIONS MANAGEMENT
Introduction
The operations management can be broken down as the administration of the business
related practices for creating the highest level of efficiency. It is possible in an organization and
clearly concerned with transforming the raw material and the labor into the goods and services.
A well –structured operation management helps to maximize the profit of a particular
organization (Baldwin & LopezGonzalez, 2015). In an organization, the operations management
teams manage the balance costs with the revenues for achieving the highest possible operating
costs. It involves the utilization of the resources from the staff, equipment and the technologies
too. A major part of the operations management is the supply chain and inventory handling. In
this report the chosen organization is Coles Group (Australia).The report will identify and
analyze the value chain of the company along with its integration between the inbound logistics,
the operations, he outbound logistics and the customers. It will identify the linkages with the
theory of managing strategic resource and operations.
Discussion
Overview of the company
The Coles Group Ltd. is an Australia based retailer which has been continuing to deliver
the good quality products along with outstanding customer service carrying great value to
millions of Australians. The long term commitment of the company to help Australia develop
has led them to work towards a sustainable future. It has focused on forming lasting relationships
with the customers, the farmers (Christopher, 2016). It supports the local jobs in the food
Strategic Resource and Operations Management_3

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