Operational Management: Key Approaches, Roles, and Aldi's Efficiency

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Added on  2023/03/24

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This report discusses key approaches to operational management, including Business Process Reengineering, Lean Manufacturing, Six Sigma, and Lean Production. It highlights the roles played by managers and leaders in adopting these approaches and ensuring effective functioning within an organization. The report emphasizes the importance of operational management in fulfilling objectives, such as minimizing costs and fostering innovation, particularly in service-oriented industries like Aldi. It also evaluates the efficiency of operational management in Aldi, suggesting the adoption of the Six Sigma approach for quality service and recommending a reconsideration of policies and regulations for future strategies. Desklib provides a platform for students to access similar solved assignments and past papers for their studies.
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TASK3
MANAGEMENT AND
OPERATIONS
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Key approaches of operational
management
Business Process Reengineering: It is
considered as a radical approach to
operations management where the idea can
be implemented in better manner through
innovation and creativity.
Lean Manufacturing: It promotes constant
improvement in the processes so that the
waste can be reduced to the minimum and
optimum utilization of resources is initiated.
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Six Sigma: It is a data driven approach which
helps in eliminating defects from the
production activities of the business.
Lean production: It is a systematic approach
where it is ensured that the waste from
production and services is reduced to the
minimum.
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Role played by managers and leaders
Adoption of six sigma approach which is data
driven can help in better functioning.
He also plays an important role in motivation
and acts as an influential factor in the
organization.
Leaders ensures that the functions of
operations management is adopted
effectively.
Managers take the responsibility to opt for
better processes so that it can be adopted by
the employees.
Managers at Aldi also ensure that all the
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Importance Operations management in fulfilling objectives
Operations management is the necessary in
service oriented industry such as Aldi.
Management of operations is an important
aspect of the whole process. Further, dividing
the roles and responsibilities among the
subordinates in such a manner that the best
is delivered to the clients and customers
helps in attainment of its objectives.
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Other importance of operational management
are as follows:
It minimises the cost by making the products
and services effective and efficient.
Minimizes the cost of investment
It is a base for innovation for operations and
knowledge.
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Evaluating efficiency of operational management in Aldi
Aldi can opt for six sigma approach in order
to provide quality services to its customers. It
is required to reconsider policies and
regulations followed by the entity. It will be
useful to establish strategies in future.
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References
Fayol, H., 2016. General and industrial
management. Ravenio Books.
Li, J., Ouyang, M. and Hua, J., 2012. Real time
optimal energy management strategy targeting at
minimizing daily operation cost for a plug-in fuel
cell city bus. international journal of hydrogen
energy. 37(20). pp.15380-15392.
Wang, F.Y., 2010. Parallel control and management
for intelligent transportation systems: Concepts,
architectures, and applications. IEEE Transactions
on Intelligent Transportation Systems. 11(3).
pp.630-638.
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