Operation Management of General Electric: A Comprehensive Report

This report provides an overview of General Electric's operation management, encompassing various sectors like healthcare, aviation, and manufacturing. It delves into the implementation of efficient business practices, emphasizing the importance of high product standards and cost considerations. The report details GE's manufacturing processes, including the conversion of inputs into goods and services, quality control, and the transformation process involving supply chain management. It highlights the role of suppliers and identifies potential risks and ethical concerns, such as faulty products and unsafe working environments. Furthermore, it addresses international operations and the need for a corporate social responsibility manager. The report concludes by emphasizing the significance of maintaining healthy relationships with suppliers and customers, while adhering to ethical practices to achieve profit margins. The report references relevant literature to support its analysis.

OPERATION MANAGEMENT
OF GENERAL ELECTRICS
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 The American multinational conglomerate
General Electric Company operates in a
wide segment including healthcare,
aviation, manufacturing, transportation and
oil and gas.
 This report focuses on the management of
the operation in an effective manner.
 In addition to this, further risks and the
ethical concerns related to the
management will also be discussed.
Introduction

 Companies remain pressurised in the
competitive market to improve the delivery
of the products and to achieve the
enhanced productivity.
 The aim of the companies is to reduce the
overall operational cost.
Implementation of business practices at
the highest level of efficiency

 GE gives top priority to set the high
standard of the products and consider the
cost consideration to be the second option
of the business operation (GE.com, 2018).
 These operational activities are facilitated
by the digital technologies used to increase
the productivity of the organisation.
Operation at GE

 GE is involved in various sectors and
manufactures commercial products like
turbines, pumps, filters in the power and
water sector;
 The company builds parts of the aircrafts,
military jets and other surveillance aircraft,
Products manufactured at
GE

 Manufacturing of goods involves
assembling the raw materials and sub parts
to form a final product
 Measuring the uniformity of the input that
involves the manufacturing process by the
means of controlling the variability of the
inputs.
Conversion of inputs into goods
and services

 The productivity of the labours is measured
to make sure that the cost incurred while
paying the labourers is overcome by the
work that they do.
 Following this, the goods are manufactured
by using a wide range of manufacturing
technique (Pfaff & Sartorius, 2015).
Inputs of labour

 The company involves both in the
manufacturing of goods as well as in
providing services (Kneese, Ayres & d'Arge,
2015).
 The manufacturing process is wide and
involves numerous stages in different
sectors.
Conversion of input at GE

 In order to make sure that the products are
of best quality, a quality assurance team
work on it
 It is expected that the quality of the
products is checked properly before the
products are made available for the people
in the market
Monitoring the manufactured
goods

 One the finish goods are produced, the
ownership of the product needs to be
changed from the manufacturer to the
buyer.
 This involves the selling of the goods.
 Online selling of goods is also involved.
The transformation
process

 The manufacturing of its products is not
completed in a single manufacturing unit
and is then transferred to the other for
generating the final product.
 Adapting the suitable human resource for
the manufacturing of the products is
important in order to make sure that the
correct supply chain process is followed.
The process of supply
chain

 A manufacturing company like GE is largely
depended on its suppliers for the supply of
the raw materials
 For example, in its electricity supply in
Iraq, GE maintained its sustainable
practice to reach out maximum coverage
with the least possible environmental
degradation (Pomerantz, 2018).
Role of the suppliers