Operations Management Report: ASOS Key Operations and Strategies

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Added on  2023/02/02

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This report provides an overview of operations management, focusing on key operational aspects within the context of ASOS. It begins by defining operations management and its core functions, then delves into the roles and responsibilities of managers in crucial areas such as product selection, production planning, and inventory control. The report highlights essential operational approaches, including Business Process Management and Six Sigma, and underscores the importance of operational management for overall productivity and resource utilization. It also discusses the impact of the external environment, analyzed using PEST analysis, on business decision-making. The report concludes by emphasizing the significance of effective operations management in achieving business objectives and ensuring product quality and inventory control. The report showcases the practical application of operational strategies, external analysis, and business process management for successful business outcomes.
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Managment
and
Operatrions
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Table of Content
Introduction
Introduction to key operations of a organisation
Roles and responsibilities of manager in key operations of ASOS
Key operational approaches to operational management and their values
The importance and the values of operational management
The impact of external environment in business decision-making
Conclusion
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Introduction
Operation management is process of day-
to-day maintenance and management
of organization. This involves the
planning, organizing, directing and
supervising the process to make
necessary improvement for the higher
profit.
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INTRODUCTION TO KEY
OPERATIONS OF A ORGANISATION.
The role of operational management is to create the value-added in form f
goods and services through the converting of raw-material into finished
goods in the organisation. The activities are divided into three segments
input, processing of raw-material and output. The key operations product
selection and design, process selection and planning, production planning
and control, inventory control and quality assurance & control.
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Roles and responsibilities of manager in
key operations of ASOS
Product selection and planning:- Its essential part of operation to make the
organisation successful. The product have to be selected appropriately and
the designs have to be unique as they online fashion mart.
Production planning and control:- In this operation management, the
manager role is to make the ways of production.
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Inventory control:- Its a manager responsibility to maintain the appropriate
inventory in the company.
Quality assurance and control:- The product quality have to be assure by the
manager and the defects in the cloths required to be controlled.
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The key operational approaches to
operational management and their values.
The reshaping in product life-cycle, the environment concern, the
digitalization of the process in innovation and the trends on the labour
market requires innovative approaches to applied in operational
management.
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The operational approaches:-
Business process management:- Its a process which manager applies in
operation management in constantly improving, analysing and automating
process.
Six Sigma:- This approach of operation management is focuses on the
manufacturing of goods and services.
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The importance and the values of
operational management
Overall productivity:- The proper management of operations it will help the
manager to increase the overall productivity.
Product align:- Its means to make the product align and the product have to
be according to the customer requirement.
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Optimum utilization of resources:- The resources are required to be
utilized properly in the organisation. Its aim of operation manger to
timely deliver the products and successfully turns the raw-material into
finished goods. The business process management approach is used in
this to achieving the business objective.
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Impact of external environment in
business decision-making by leader and
manager.
The PEST analysis is used to
examine the external environment
in the organisation:-
Political:- It includes the factors
like political stability or
instability, foreign trade policy,
labour law, trade restriction etc.
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Economical:- It have a significant impact in the organisation. It includes the
factors like interest rate, exchange rate, economic growth, disposable
income of the consumer.
Social:- It refers to the factor influence by the beliefs and attitude of a person.
The product should always according to the taste and preference of a
customer.
Technology:- The new ways of production, communicating and distributing
keeps on growing.
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