University Business Operations and Management Report Analysis

This report examines the core aspects of business operations and management, beginning with an introduction that highlights the significance of efficient operational functions within a business context. It delves into key operational functions such as effective communication, process re-engineering, and strategic planning, emphasizing the importance of aligning departmental goals with overall business objectives. Furthermore, the report explores crucial elements of operations management, including finance, which focuses on judicious resource allocation; strategy, which involves planning and control; product design, which addresses market trends and customer needs; supply chain configuration, which ensures effective monitoring; and quality management, which is essential for maintaining standards. The report concludes by underscoring the critical role of human capital and leadership in achieving business objectives and emphasizes that a skilled operational team is essential for success.

Bmm3003(Introductio
n to business operation
and management)

Table of Contents
Introduction......................................................................................................................................3
Main functions of business operations.............................................................................................3
Conclusion.......................................................................................................................................5
Reference.........................................................................................................................................6

Introduction
Operations is the work of managing the overall internal workings of the business so that
it can function efficiently whether the functions are part of making products, selling products or
providing services each business has to oversee the function & the management of behind the
scenes work (Vyakina, 2019).
Main functions of business operations
Operational functions are subjected to change with time. The founders & other associated
stakeholders in every organisation must posses a decisive hand on the way such functions have
to be performed (Chary, 2017). Other factors such as human capital inventory, departmental
responsibilities, streaming level and effectiveness of leaders are in charge of overseeing the
overall business operations. Some of the functions that are part of effective operations
management are mentioned below:
 Maintaining of effective communication across different communication channels and
further striving for consensus.
 Focus on re engineering and auditing of the overall business process
 maximisation of business performance by establishment of a balance between the groups
and departments
 Management of planning process and budget at departmental and strategic level
 there has to be performing of contract reviews to ensure proper compliance.
Some of the special segment of the part of operations management are mentioned below:
Finance:
Finance is playing a chief role in the process of operations management. The major
function is to ensure that all the available financial resources have been utilised in the most
judicious manner.
Strategy:
It is part of operations management that is concern with planning, organisation, directing
and further controlling functions so that all the raw materials and human efforts are converted in
valuable outcomes according to customer needs.
Design of the product:
It is factor that is incorporating the innovative techniques that is part of increasing the
product sales. It is the responsibility of operations manager to ensure that product is designed

according to market trends and customer needs (Heizer, 2016). With increasing competition
customer is concerned about both the prices and quality of the products.
Supply chain configuration:
The main objective of supply chain configuration is to ensure that there is effective
monitoring, management and controlling activities in a organisation. The supply chain process is
starting from the raw material supply and is continuing till the final product is produced and sold
to customers.
Management of quality:
Quality management is playing a imperative role as the operation manager has to allocate
task according to quality management of team and then further surviving of the tasks. Manager is
identifying all the defects so that it can be rectified according to required quality standards.

Conclusion
It can be analysed that human factor is one of the most crucial decisive factor of business
operation's. The timely assessment of personnel is part of achievement of company's objectives
according to its future growth and size. It is conclude that in context of organisations a
competent operational team with presence of a right leader can make all the difference between
the part work and the overall achieved results.

Reference
Books and Journals
Vyakina, I.V., 2019. Security of Business Operations and Supervisory Functions of the State as
Characteristics of the Business Environment. Journal of Advanced Research in Law and
Economics, 10(6 (44)), pp.1696-1705.
Chary, S.N., 2017. Production and operations management. McGraw Hill Education.
Heizer, J., 2016. Operations management, 11/e. Pearson Education India.