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Analysis of Operational Management Practices in Tesco

   

Added on  2023-06-10

12 Pages3133 Words65 Views
Business DevelopmentLeadership ManagementData Science and Big DataArtificial Intelligence
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BM563 Operation and
Service Management
Analysis of Operational Management Practices in Tesco_1

Table of Contents
INTRODUCTION ..........................................................................................................................1
MAIN BODY ..................................................................................................................................2
Analysis of one of the major operational management practice within a company...............2
The crucial assessment of the way operational management practices are affecting a company
in context of its efficiency......................................................................................................3
The way information and technology can be mixed with the system and process.................5
The brief analysis of various supporting functions are attached to the operations management
practices and develop an assessment of the way the can support in achievement of business
entity's success .......................................................................................................................7
CONCLUSION................................................................................................................................9
REFERENCES .............................................................................................................................10
Analysis of Operational Management Practices in Tesco_2

INTRODUCTION
The operation management can be described as one of the most important practises which
are being utilised by businesses to obtain the maximum efficiency of the business. It also entails
efficiently transforming raw materials into completed goods and services in order to maximise
the company's profitability. Operation management assists a company organisation in effectively
managing and controlling its operations and processes(Amadi-Echendu, 2021). Tesco is a well-
known global grocery and general products retailer that is the subject of this study. Jack Cohen
created it in 1919, and it now has operations in over 11 countries throughout the world. This
report focuses on a thorough examination of the organization's operations management
processes. This also discusses how various operations management methods effect the firm in
terms of efficiency, as well as the role of technology in this process. This research also highlights
numerous supporting roles related to operations management methods, as well as how they
contribute to organisational performance.
1
Analysis of Operational Management Practices in Tesco_3

MAIN BODY
Analysis of one of the major operational management practice within a company
One of the most important aspects of every business is operations management. It is
described as the business procedures employed by a company in order to achieve the best level
of efficiency achievable within the company. The corporate organisation employs a variety of
operations management strategies to ensure that operations run smoothly and that targeted goals
and objectives are met. A large number of business organisations are starting to experience
operational challenges as a result of the increasing trends and conditions, and these issues can be
handled or resolved by implementing best practise methods such as quality management
standards and systems, stock control, supply chain management, management of information, etc
(Anderson, Anderson, and Parker, 2021). Total quality management is a structural approach to
total business organisation management that focuses on improving the overall quality of an
organization's outputs, including goods and services. In the case of Tesco, which is one of the
most successful retail brands in the UK and the world's third largest retailer by revenue. Tesco is
well-known for its efficient operations management, which allows the corporation to maintain
optimal stock levels. Tesco provides a strong guarantee in terms of product quality, ensuring
entire quality standards throughout their operations. Total quality management is an efficient
operations management strategy for the firm since it allows them to maintain correct quality in
their products and services, which attracts a large number of customers and improves their
overall performance (Ivanov, Tsipoulanidis, and Schönberger, 2019).
2
Analysis of Operational Management Practices in Tesco_4

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