Analysis of Operations Management and Improvement Strategies

Verified

Added on  2023/02/02

|11
|535
|44
Report
AI Summary
This report provides a comprehensive analysis of operations management, exploring its significance and various approaches. It begins by defining operations management and its role in converting raw materials into finished goods, emphasizing the importance of meeting consumer needs and maximizing sales. The report highlights key approaches such as Just-in-Time, Total Quality Management, and Six Sigma, illustrating how these methods contribute to efficiency and strategic improvement. The discussion extends to the importance of operations management in designing creative end products and generating innovative ideas to attract customers. Furthermore, the report addresses how leaders and managers can enhance business performance by organizing teams and assigning tasks based on individual skills. The conclusion underscores the essential role of operations management in achieving organizational success by meeting consumer needs and maximizing profitability. The report includes references to support the presented information.
Document Page
Management
and Operation
Activity- 2
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Cover Content
Introduction
Key approaches to operations management
Significance of operations management
Improvement in efficiencies of operational management
References
Document Page
Introduction
Operation management is an area which is concerned with creating and
regulating procedure of production for converting raw materials into finished
goods. However, main objective of this association is to manage their
operation department in appropriate manner by understanding the role of
leaders and managers. This presentation is going to highlight importance of
operations management and various approaches which is used for managing
production department.
Document Page
Key approaches
Amazon is well repudiated organization offering qualitative goods and
services to their end users for gaining competitive advantage. However, its
main objective is to satisfy the needs of demand according to their choices and
preferences. Therefore, managers and leaders of an organization follow
various approaches as per the situation in order to manage business operations
in better way for attaining their organizational goals in a defined time frame
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Continue…
Thus, three approaches to operation
manager is explained as follows-
Just in time
Total quality management
Sig sigma
Document Page
Significance of operations management
Operation management is engaged in converting raw materials into finished
goods for fulfilling the needs of desired consumers. Their main objective is to
come up with creative ideas and concepts which is liked by end users and
resultant into maximization of organizational sales in a minimum time period.
Its major responsibility is to make sure that business operations must be
efficient in terms of utilizing few resources as requirement and appropriate in
terms of meeting consumer needs.
Document Page
Continue…
Some of the necessary things which
shows the importance of operation
management is discussed as follows-
Aids in designing creative end
products for consumers.
Responsible for coming up with
innovative thoughts and ideas which
will attract the customer towards
company’s product.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Improvement in efficiencies of
operational management
Leaders and managers are responsible for managing business operations as
well as to guide their subordinates towards set objectives or goals in order to
enhance the business performance. Basically managers are responsible for
classifying the team into small units for accomplishing assigned job roles and
responsibilities. Therefore, manager makes sure that each and every individual
have the work according to their skills, knowledge and eligibility so that they
can give their best.
Document Page
Conclusion..
From the entire presentation, it has been assessed that various approaches of
operation management are supporting leaders and managers in maximizing
organizational profit. Along with this, highlight that operational management
are indispensable for the success of an organization because final products are
designed by this department in order to fulfil the needs of end users.
Document Page
References
Baldwin, J.S., Allen, P.M. and Ridgway, K., 2010. An evolutionary
complex systems decision-support tool for the management of
operations. International Journal of Operations & Production
Management, 30(7), pp.700-720.
Song, D.W. and Parola, F., 2015. Strategising port logistics management
and operations for value creation in global supply chains.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Thank you
chevron_up_icon
1 out of 11
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]