Operations Management Report: Importance, Approaches and Impact

This report delves into the core concepts of operations management, emphasizing its crucial role in planning and executing business processes. It examines key approaches, including Six Sigma, Just-in-Time, and Total Quality Management, highlighting their significance in optimizing production and minimizing costs. The report also explores the impact of the business environment, both internal factors such as company culture and structure, and external factors like competition and customer demand, on operational efficiency and decision-making. The conclusion emphasizes the importance of effective operations management for achieving organizational goals. The references include academic papers and books on operations management.

Management and
operations

Table of content
• Introduction
• Key approaches to operation management
• Importance and value of operation management
• Business environment impact upon operational
management
• Conclusion
• References

Introduction
Management and operations is a concept which is concerned
with planning, creating of business operations. It is business
function which is accountable for carry out the production
process of goods and services.

Key approaches to operation
management
Operation management consists of designing and creating
business operations. It is also concerned with turning raw
material into finished goods by considering method of
production. In this, there are some key approaches
considered by Sainsbury's to accomplish their goals in time.

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Six sigma: In this, company has opportunity to produce
products free of defects and improve quality of output.
Just in time: his process is also beneficial for Sainsbury's as
it helps company in producing goods more goods by reducing
inventory costs.
Total quality management:In this, they are accountable for
making valuable products to satisfy consumers needs and
demands.

Importance and value of operations
management
Operation management is a method of supervising the
production and manufacturing processes. It is a important
aspect in achieving business goals and objectives. The
manager of company also plays a crucial role in planning,
organising, controlling business operations effectively and
systematically.

Factors within business environment
Business environment refers to factors that affects firms
ability and operation within organisation. It involves
external and internal factors which affects operation
management and decision making of leaders and managers
of company.

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Internal factors:
• Culture
• Structure
External factors:
• Competitors
• Customers demand

CONCLUSION
The above mentioned report stated that operations
management is important for planning, creating and
designing operation of company. In this, leaders and
managers also plays an essential role in achieving
organisational goals and objectives.

References
Aki, H., Wakui, T. and Yokoyama, R., 2016. Development
of an energy management system for optimal operation
of fuel cell based residential energy systems.
International Journal of Hydrogen Energy. 41(44).
pp.20314-20325.
Alderton, P. and Saieva, G., 2013. Port management and
operations. Taylor & Francis.

Thank You