Operations Management Report: Business Performance Analysis

This report delves into the realm of operations management, exploring its core principles and practical applications. It begins by outlining the fundamental concepts of operations management, emphasizing its role in enhancing business performance and efficiency. The report then examines key approaches such as lean manufacturing, total quality management, Six Sigma, and Kaizen theory, illustrating how these methods can be employed to optimize processes and improve outcomes. Furthermore, the report highlights the importance of operations management in controlling costs, improving the quality of goods and services, and ultimately, increasing profitability. Finally, it concludes by summarizing the key takeaways and emphasizing the significance of operations management in today's competitive business environment. The report also briefly mentions the role of external factors like political, environmental, social, technological, legal, and economical factors influencing business operations.

Management and
operation

Table of Content
• Introduction
• Key approaches of Operation and management
• Importance and value of operation management
• Conclusion
• References

Introduction
Management and operation help business organisation to operate
business and run it effectively. The main aim of business organisation
is to increase the business performance by expanding the business in
wide area. The manager perform different responsibility like planning,
organising, directing and controlling the business. And leader
motivates the staff or worker to work actively and achieve particular
goals.

Key approaches of Operation
and management
There are number of approaches which is used by organisation in order
to increase the business activities. The manager need to know the
strategy, policies, rules and regulation that help to perform management
function such as planning, organising, directing and controlling the
business activities.

Cont...
The number of key approaches is described below-
• Lean manufacturing
• Total quality management
• Six sigma
• Kaizen theory

Importance and value of
operation management
Operation and management is valuable for Unilever such as it help to
increase the production and profitability by selling number of product
and services. The manager has ability to use operation and management
which help to organise all material that relates to organisation.

Cont...
The importance and value of operation and management described as-
• It helps to control and distribution system
• Transformation of raw material in to finished goods
• Process Design

Cont...
Value of Operation management
• High standard of living
• Ability to increase the productivity
• Low cost of goods and services
• Better quality goods and services

Conclusion
From the report it can be concluded that key approach such as lean
manufacturing, six sigma, total quality management and kaizen
theory help business to improve the performance of business and
maximize the business capacity. Additionally, it covered external
factors like political, environmental, social, technological, legal and
economical factors which influences the business organisation.

References
• Viveros Gunckel, P., and et.al., 2016. Graphical analysis for
operation management: a graphical method to support operation
decision making. Quality and Reliability Engineering
International. 32(7). pp.2299-2311.
• Wild, T., 2017. Best practice in inventory management.
Routledge.

Thank You