Improving Operational Efficiency at Tesco: A Strategic Approach

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Desklib provides past papers and solved assignments for students. This presentation analyzes Tesco's operations management.
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MANAGEMENT OPERATIONS
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Table of contents
Slide 3: Introduction
Slide 5: Overview of the individual’s biography
Slide 5: Introduction to the key operations
Slide 6: Evaluation of the internal and external
operation management
Slide 7: Appropriate management and
leadership approaches
Slide 8: Recommendations
Slide 9: Conclusion
Slide 10: Bibliography
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Introduction
The purpose of this presentation is to
provide a brief understanding of the
significance of operation management in
business. The evaluation of the external
and internal management environment is
included followed by the management
approaches analysis for achieving the
business goals.
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Overview of the individual’s
biography
The marketing managers have developed a
strategic marketing plan for the company that
has helped the company to attract more
customers. The operation manager has
chosen a suitable inventory for Tesco. The
operation manager also manages the raw
material and other resources for the
company, which has helped the company to
reduce the wastages. The Functional manager
of this company controls the management
authority over the entire organisation
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Introduction to the key
operations
The operation managers has changed the
old inventory model and adopted the new
inventory such as JIT and others that has
helped to manage the wastage. The
functional manager of this company has
taken the initiative to choose a leader for
a team. The manager has aligned the
organisation’s goals to the individual goal
of manager that has helped Tesco to
improve the capacity
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Evaluation of the internal and
external operation management
List of internal environmental factors
Capital resources
Operational efficiency
Infrastructure
List of external environmental factors
Laws
Customer demands
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Appropriate management and
leadership approaches
TQM
JIT
JIC
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Recommendations
The managers need to conduct research on the
demographic segmentation of the UK and choose the
right market for positioning their products
The managers need to understand the capabilities of
the process
The managers should utilise the process of flow pattern
The managers should analyse the external factors and
develop strategies according to this
A predictable process should be implemented by the
managers to control the processes of production
The managers should efficiently minimise inventory
and manage the flexibility so that they can get
reconfigure the designs of the working process
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Conclusion
The presentation concludes that the leaders
play a key role in operation management.
Different inventories are discussed in this
study to provide a better understanding
of the working processes. Moreover, the
recommendation for the operation
managers is provided to guide the
managers of Tesco.
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Bibliography
Alexander, E., 2017. After rationality: Towards a
contingency theory for planning. In Explorations in
planning theory (pp. 45-64). Routledge.
J. Zelbst, P., W. Green, Jr, K., E. Sower, V. and D.
Abshire, R., 2014. Impact of RFID and information
sharing on JIT, TQM and operational
performance. Management Research
Review, 37(11), pp.970-989.
Koh, J.H.L., Chai, C.S. and Tsai, C.C., 2014.
Demographic Factors, TPACK Constructs, and
Teachers' Perceptions of Constructivist-Oriented
TPACK. Journal of Educational Technology &
Society, 17(1).
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