Operations Management: Approaches, Objectives, and Leadership Roles

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Added on  2023/01/19

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This report delves into the core concepts of operations management, highlighting key approaches such as Just-in-Time inventory, Total Quality Management, Continuous Improvement (Kaizen), Performance Key Indicators, and the Six-Sigma approach. It emphasizes the crucial roles of leaders and managers in implementing these strategies, particularly within the context of a business like Tesco. The report underscores the importance of operations management in achieving business objectives, including waste reduction, innovation, and continuous improvement. It also discusses how effective operational management can lead to enhanced business performance and increased profit margins. The conclusion summarizes the significance of management and operations in optimizing business activities and overall quality and performance, supported by cited references on energy management, leadership theory, and non-volatile memory systems.
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Management and
Operations
Task-3
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Content
Introduction
The key approaches to operations management and the role
that leaders and managers play.
The importance and the value of operations management in
achieving business objectives.
Conclusion
References
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Management and operations are the
process which are associated with
the management and controlling
of all the activities and operations
which are carried out within the
association.
Introduction
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This procedure within the business is prime as it mainly focuses
on the maximisation of the profits. In this present assignment
the concept of operation management is coined as the process
of managing the all the information, human resource of the
business so that the working of the business can be carried out
in the most hard-hitting mode.
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The key approaches to operations
management and the role that leaders and
managers play.
There are various Key approaches to the operation management
which are necessary to be considered by the business in order
to maintain the standard and quality of their products. To do
so the managers and leaders also plays a vital role in the
business of Tesco.
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Just-in- time inventory
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This is the key approach for the business of TESCO as this
approach is mainly concerned with the production of the
inventory at the time of requirement only not before and not
after, through implementing this approach within the business
the manager of the Tesco can also reduce their amount of
waste from the production so that all the unessential cost can
be controlled.
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Total quality management
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Total quality management is the approach that will enable the
manager of Tesco to target the standard of quality so that the
business can perform in the effective manner so that the
standard which have been targeted can be matched. It also
focuses on the producing of the product in such a manner that
it can be proven as beneficial for their potential customers by
offering them the value which they have expected.
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Continuous Improvement (Kaizen) : This process is termed as
the lean manufacturing process which mainly concerned with
the improvement of quality, process, safety of the work
culture on a continuous basis. This will allow the manager of
Tesco in their continuous improvement by reducing the cost
and simplifying the process of working with proper customer
satisfaction and profits.
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