Operations Management: Key Approaches and Their Importance

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Added on  2023/02/02

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This report examines key approaches in operations management, including Total Quality Management, Six Sigma, Lean Production, and Just-in-Time. It highlights the importance of these approaches in reducing waste, satisfying customer needs, managing inventory effectively, and supporting organizational strategy. The report emphasizes how these strategies contribute to achieving business objectives, using examples to illustrate their practical application. The conclusion reinforces the significant role of operations management in achieving organizational goals, emphasizing the benefits of implementing these approaches. The report also includes references to academic sources.
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APPROCHES TO
OPERARTION
MANAGEMENT AND
ITS IMPORTANCE
Task 3
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KEY OPERATIONAL APPROACHES
Total quality management : It is defined as the act of
overseeing all the activities and tasks required to maintain a
desired level. In this approach includes creating and
implementing quality planning for quality control and quality
improvement.
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Six sigma : This approach is
used to decrease the
probability and it provide
help to management for
take effective decision.
Sigma is the symbol of the
risk
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Lean production : It is the systematic process of production
that helps to minimise the waste of resources.
Just in time : It is defining as a strategy of production
processes which increase efficiency and decreases wastage
during to receiving goods.
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The importance and value of operations
management
Reduce wastage of resources : Operation management
provide help to reduce wastage of resources and uses in
effective way.
Satisfaction of consumer wants : Operation management
helps to organisation to satisfy of customers need and wants.
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Inventory management : This approach apply apply by
management to arrange stocks in effective way to achieve
organisation objectives.
Support to organisational strategy : For supporting
organisation need to prepare effective strategy. These strategy
provide help to management process like planning, directing,
organising and controlling. It is provide benefits to amazon for
accomplish their goals and objectives.
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CONCLUSION
From the above presentation, it has been concluded that
management and operations playing important role in
organisation. Different key approaches of operation management
help the company to achieve desirable goals. These approaches
are important to achieve business objectives after applying in
business.
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REFERENCES
Dekker, R., Bloemhof, J. and Mallidis, I., 2012. Operations
Research for green logistics–An overview of aspects, issues,
contributions and challenges. European Journal of
Operational Research, 219(3), pp.671-679.
Paryani, K., 2011. Product quality, service reliability and
management of operations at Starbucks. International
Journal of Engineering, Science and Technology, 3(7), pp.1-
14.
Fernie, J. and Sparks, L., 2014. Logistics and retail management:
emerging issues and new challenges in the retail supply
chain. Kogan page publishers.
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