Management and Operations

This presentation discusses the key approaches to operations management and the importance and value of operations management. It covers topics such as continuous improvement (Kaizen), just in time strategy, customer satisfaction, waste reduction, and product quality. The presentation concludes by highlighting the significance of management and operations in achieving organizational objectives.

Management and Operations

Table of Content
• Introduction
• Key approaches to operations management
• Importance and value of operations management
• Conclusion
• References

Introduction
Management is considered as the crucial part of firm as this aids
them to manage as well as perform business functions effectively
and efficiently. This is refers as the backbone of organisation as
their success is totally depends upon proper management.
Moreover, operation sis defined as the area that is accountable for
product development as well as designing provided through firm.

Key approaches to operations management
Operations management is an crucial function of company as this leads
company towards effectual functioning of business activities. There are
various approaches to operation management that is used by TESCO
some of them are discussed below:
•Concept of continuous improvement(Kaizen)
•Just in time

Concept of continuous
improvement(Kaizen)
Kaizen is considered as the tools of
lean production which is adapted
through organisation for developing
quality, culture of workplace, safety
and others.

Just in time
It is defined as the strategy of
management that drive to align the
order of raw material directly form
supplier to manufacturing
department.

Importance and value of operations
management
Operations management is defined as the procedure that aids firm in
product development. It is the crucial organisational functions that
consists planning, arranging, coordinating as well as controlling several
resources of company which leads towards producing standard quality
of products.

Cont...
This department of TESCO is liable for retailing products which will satisfy
the clients requirements and wants. Therefore, the importance and value of
operations management are discussed below:
•Customer satisfaction
•Waste reduction
•Product quality

Customer satisfaction
Satisfying the consumer is the objectives of Unilever as it is very useful
to create positive image into marketplace.
Organisation can sell their product as well as enhance their profit when
consumer buy its goods.

Waste reduction
With the assistance of lean management approach, Unilever can reduce
the wastage from production procedures.
At the time of product manufacturing there are more chances of
wastage from raw materials.

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Operation management approach will
assists them to minimise waste
while manufacturing as well as
maximise product quality.

Product quality
Formulating the standard quality of product is crucial aspects of
company.
The function of operation management is accountable for creating
good quality of products as this assures that organisation provides
products to consumers.

Conclusion
As per the above PPT, it has been concluded that management and
operations both are the vital function of firm. There are several operational
department functions which required to be handled in effective and
efficient way. Also there are various importance and value of operation
management which aids firm to attain objectives.

References
• Reim, W., Parida, V. and Sjödin, D. R., 2016. Risk management for
product-service system operation. International Journal of
Operations & Production Management. 36(6). pp.665-686.
• Suarez-Barraza, M. F., Miguel-Davila, J. Á. and Vasquez-García, C.
F., 2016. Supply chain value stream mapping: a new tool of operation
management. International Journal of Quality & Reliability
Management. 33(4). pp.518-534.
• Ulewicz, R., 2016. Quality Management System operation in the
woodworking industry. Path forward for wood products: A global
perspective, proceedings of scientific papers, pp.51-56.

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