Introduction Managementandoperationistheprocessofcontrolling production & operations of the business. This process include the conversionofrawmaterialintofinishedgoodswhichhelp organisation to achieve its business goals & targets. This report include the key approaches to operations management and its value and importance in attaining business objectives.
Key Approaches to Operation Management Operation management includes various approaches which areadoptedbycompanytoperformtheirinternal operationsefficiently.Herein,Ubercoverwide transportation network adopts some essential approaches used by manager and leader to achieve the objective of organisation.
Continue... Six sigma approach: -Six sigma approach is used to findouttheproblem prevailswithinthe company.
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Continue.. Lean production approach: -It is a systematic method which is used by organisation to eliminate wastage or help the manager to identify area where they have to work. This approach help the organisation to reduce wastage of materiel at the time of production.
Importance and Value of Operation Management Operations management in Uber is concerned with maintaining theprocessesoftransportationbusinessorganisation. Operations management retain valuable place in organisational structure. Smooth functioning of organisation can be ensured only if it is efficiently handled. It helps in providing good base to the company.
Continue… •Therearetwopartsofmanufacturingmanagementoneis service and other the one is operations. Both such activities are important to the business. Services industry majorly focus on their consumers and their requirement because they are the important element who can make them capable to fulfil their organisation need. They are directly in contact with the them andhavetheadvantagetogainknowledgeabouttheir preferences.
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Continue… Total Quality Management (TQM)approach organisation can improve the quality of goods and services. Uber wanted to achieve 20% margin by implementing TQM.
Continue… •By using Just in time approach, firm determines the way to decrease time of providing services. Uber can increase it's customer base by delivering quick services to them. It should effectively apply this model for further expansion. Thisapproachhelpthemanagertoimprovetheir operational management work which further help the business to achieve their goals and objectives.
Continue… •Operational management improve the overall functions or productivity of the Uber company and also measure the efficiency of employees or managers. Company focus on resources which is available in the organisation that further help the business to achieve their targets & objectives.
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Importance of Leaders and managers to improve quality to meet with business objectives Operation management help the organisation to improvetheir operational functions that is further helpful for the Uber company to achieve their business goals & objectives. Manager follow the differentapproachessuchasleantimeproductorsixsigma approach which to improver internal functions or increase the productivity of organisation & performance of employees that further help the manager to achieve their business objectives & goals.
Conclusion From this ppt.,has been concluded that, key approaches of operational management help to improve business process by using different approach such as six sigma and lean production. With the help of this manager can take effective decision and it will help the organisation to achieve their business objectives & goals.
References Alexander, K., 2013.Facilities management: theory and practice. Routledge. Banda, O. A. V., and et.al., 2016. Risk management model of winter navigation operations.Marine pollution bulletin. 108(1-2). pp.242-262.
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