Operations Management Report: Approaches, Importance, and Factors

This report provides an overview of operations management, highlighting its importance in business. It discusses key approaches such as Kaizen, Just-in-Time, and Total Quality Management, emphasizing their roles in enhancing product quality and reducing waste. The report explores the value of operations management in improving coordination and profitability, alongside the impact of factors within the business environment, including corporate social responsibility, ethics, and culture. It concludes by emphasizing the significance of management and operations in achieving organizational goals and the importance of defining roles and responsibilities for managers and leaders. The report also includes a list of references.

Management and
Operations

Content
• Introduction
• Operation management
• Key approaches to operation management
• Importance and value of operation management
• Factors within business environment
• Conclusion and Recommendation
• References

INTRODUCTION
Management introduces as the process of managing and
monitoring the affairs of the enterprise, irrespective of its
type, structure, size and nature. Operations means the
actions and decisions that are made by participants and
members of an organisation which turn to affect the
distribution, production, management, service etc.

Operation Management
Operations management play a significance role in business
organisation as it is refers to the effective area that includes
effective planning process, organisation, directing and at the
same time also controlling entire operations within the
business.

Key Approaches To Operations
Management
Kaizen: It is refers to the creating continuous improvement within
the production activities to make quality products.
Just in time: It is based on determining and correcting the issues
and obstacles within the production process.
Total quality management: This is one of the important approach
that focus on ensuring the product quality at topmost level.

Importance And Value Of Operations
Management
Enhance quality products: Operation management is effective for
company in increase quality of its products as it help in
increasing the possibilities of generating larger profitability.
Reduce wastage: The main objective of managing operations is to
optimum utilisation of available resources that help in reducing
the wastage and also maximizing the profitability as well.

Value Of Operation Management
In business organisation, operation management includes values
within the company as it help in managing better coordination
among entire functions and operations. This will contributes in
increasing the profitability level by reducing the wastage. In this
regards, firm also implement various approaches such as JIT,
Kaizen and many more that focus on reduction of wastage and at
the same time also produce best quality products that able in
meeting customers demand.

Factors Within Business Environment
That Impact Upon Operational
Management
Corporate social responsibilities: It is one of the major factor that
perform by business organisation with the aim of enhancing
their brand image in market and customers mind.
Ethics: This factor define the norms, values which is implement by
company in ensure that they follow ethical code of conduct.
Culture and values: It is all about current trends and culture that
present within the company.

Conclusion And Recommendation
From the above mentioned research it has been concluded that
management and operation are crucial part of business as it
help in attaining all the set organisational goals and objectives.
In this, determining roles and responsibilities of manager and
leader is also crucial as it support business organisation in
implementing entire activities more smoothly.

References
Battini, D. and et. al., 2016. Sustainable humanitarian operations:
closed-loop supply chain. International Journal of Services and
Operations Management. 25(1). pp.65-79.
Bromiley, P. and Rau, D., 2016. Operations management and the
resource based view: Another view. Journal of Operations
Management. 41. pp.95-106.
David, F. and David, F.R., 2016. Strategic management: A competitive
advantage approach, concepts and cases. Pearson–Prentice Hall.

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