D/508/0488 Management and Operations Report: P&G Strategies

This report provides an overview of operations management approaches applicable to Procter & Gamble. It explores key strategies such as Lean Management, Total Quality Management, Just in Time, and Six Sigma, highlighting their significance in achieving business objectives like increasing sales and profitability. The report emphasizes the importance of effective operational management in enhancing productivity, increasing working efficiency, and ensuring customer satisfaction through quick delivery of products. It also discusses the role of leaders and managers in formulating and implementing supply chain strategies and providing training to employees for operational activities. The report concludes with a list of relevant references supporting the analysis.

Operations Management

Table Of Contents

Key Approaches To Operations Management
Te various approaches to operational management which
can be adopted by Procter &Gamble for bringing
improvement in quality of products or services. These
approaches are :
Lean management : It is considered to be as an effective
approach which enables company to bring continuous
improvement in products or services. Lean management
approach can be adopted by Procter &Gamble as this will
assist an enterprinterprise in bringing improvement in
quality of products or services.

Total quality management : This approach to operational management assist
company in bringing improvement in quality as well as performance.
Just in time : it is an effective approach to operational management. Just in time
approach to operational management supports in minimizing the wastage.
Six sigma: This is considered to be as the best approach to operational
management. This approach can be adopted by Procter &Gamble as it will aid
business entity in eliminating defects in products.
Cont.

Significance As Well As Value Of Operational
Management
The operational management has assisted Procter &Gamble in accomplishing its
business objectives of increasing sales and profitability. An effective operational
management has assisted an enterprise in increasing productivity which is very
much crucial for maintaining balance between demand and supply. It has
supported business entity in increasing working efficiency which is very much
essential in order to make quick delivery of products as well as to provide high
level of satisfactions to customers.
Leaders in Procter &Gamble company can improve efficiencies of operations can
formulate as well as implement supply chain strategies, as this tactic will assist in
increasing productivity as well as minimizing risk.
In addition to this, It is required by both manager or leaders in an enterprise to
provide training to employees those who are engaged in operational activities.

REFERENCES
 Hübner, A., Amorim, P., Kuhn, H., Minner, S. and Van Woensel, T., 2018.
Retail operations.
 Hill, A. and Hill, T., 2017. Essential operations management. Macmillan
International Higher Education.
 Grant, D.B., Wong, C.Y. and Trautrims, A., 2017. Sustainable logistics and
supply chain management: principles and practices for sustainable operations
and management. Kogan Page Publishers.
 Slack, N. and Brandon-Jones, A., 2018. Operations and process management:
principles and practice for strategic impact. Pearson UK.
 Choi, T.M., Wallace, S.W. and Wang, Y., 2018. Big data analytics in
operations management. Production and Operations Management. 27(10).