An Analysis of Operations Management: Approaches and Its Importance

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Added on  2023/02/02

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This report provides an overview of operations management, focusing on key approaches and their significance in business. It begins with an introduction to operations management and its role in designing and controlling production processes, emphasizing the conversion of raw materials into finished goods and services. The report highlights crucial approaches such as Total Quality Management (TQM), Six Sigma, and Kaizen/Continuous Improvement, detailing their roles in process improvement, error reduction, and enhancing the consumer experience. It also emphasizes the importance and value of operations management in achieving organizational goals, specifically in planning, organizing, and controlling activities. The report concludes by summarizing the critical role of operations management in business success, referencing its application in various industries. The report also touches on value analysis in the context of operations management, including topics such as control and distribution systems, capacity management, and scheduling.
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Management Operations
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Table of Content
Introduction
Key approaches to operations management
Importance and value of operations management
Conclusion
References
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Introduction
Operation management is an area of management that is related with
designing and controlling different processes of production of goods and
services. It is one of the multidisciplinary approach that specifically
concerned with production, consumption and deliver best of products to
gain grab large of consumers.
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Key approaches to operations
management
In operation management of organisation consist of conversion of raw
material into finished goods and services to attain desirable outcomes.
It enables in designing, coordinating and controlling various works and
activities for achieving outcomes. In key operations of procter &
gamble is to wide range of personal health, personal care and beauty
and hygiene products with fabric and home care is their main
operational products in which it deals.
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Cont...
In key operation management principles consist of Total quality
management, design of various processes and designing and
implementing various products and services with help of distinctive
functions that are as follows:
Supply chain management
Designing of different products
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Cont...
Apart from above, different approaches are as follows:
TQM- It is continuous process for reducing, eliminating and
detecting errors in streamlining, manufacturing supply chain
management for improvement of consumer experience and
providing training to employees.
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Cont...
Six Sigma- It is techniques for process improvement in which
quality of output is identified and removed causes of detects and
minimizing variability in business and manufacturing process.
Kaizen/Continuous Improvement- It is approach that is used for
creating continuous improvement based on small positive change in
major improvement.
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Importance and value of
operations management
Operation management plays crucial role in organisation to achieve
desirable outcomes and goals with the help of professional managers
that are capable to achieve strategic goals in definite time period.
Operation management is core of organisation that operates the whole
organisation.
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Cont...
Values and importance of operation management: Operation
management is an chain of activities which focuses on Planning,
organising and controlling and supervising activities. The operational
manager keenly observe and helps in deliver right kind of products and
services so that consumers become loyal towards Procter & Gamble.
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Cont...
Operation management plays very crucial role in organisational
development that are as follows:
Operation management in which involves various activities that are
similar with management of every industry or business in nature.
Planning, organising and coordinating various activities are
significant for every enterprise.
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Cont...
Value analysis in context of operation management: Value analysis
is mainly concerned with cost that associated that due to unnecessary
features that are available in products. That gives its contribution in
last stage of prdouct life cycle at maturity stage. At that stage research
and development not give proper contribution to improve their
efficiency level.
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Cont...
Apart from above some of the importance and value of operations
management in achieving business objectives are as follows:
Control and distribution systems
Capacity management
Scheduling
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Conclusion
From the above report it has been concluded that operation
management plays very important role in planning, organising and
controlling various works and activities. Leader and manger plays
crucial role in giving their major contribution in growth and
enhancement.
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References
Boyd, A. H. and Dougherty, G. M., 2016. Seed Processing
Operations-Mangement.
Ellitan, L., 2017. The role of environmental uncertainty,
competitive strategy, and operation strategy to achieve
competitive advantage: the case of east java manufacturing
SMEs. EPRA International Journal of Multidisciplinary
Research (IJMR). 3(11). pp.8-23.
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Thank You
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