Report: TESCO's Operations Management, Strategies, and Impact

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Added on  2023/01/20

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This report provides an in-depth analysis of TESCO's operations management, focusing on the roles and functions of leaders and managers within the organization. It examines the importance of operational management in facilitating business success, emphasizing the core operational functions such as transportation, production, and promotions. The report delves into various approaches to operation management, including Total Quality Management, Just-in-Time, and Six Sigma, highlighting their significance in achieving desired outcomes. It further explores the impact of both the micro and macro business environment on operational management and decision-making, considering internal factors like shareholders, employees, and corporate culture, as well as external factors such as political, economic, social, and technological influences. The report concludes by summarizing the key goals, responsibilities of managers and leaders, and the application of different operational models within TESCO's working environment, referencing relevant academic sources.
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Management and operations
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Content
Introduction
Roles and functions of leaders and managers
The importance of operational management
Importance of Operations Management in facilitating business
success
Impact of business environment on operational management and
decision-making
Conclusion
References
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Introduction
The practises that are been followed in the organisation is unique and different
according to the management discussion. Operational work is been done in an
effective manner to take out the work in best output. There various types of
process that are been taken in to the production level. Some of the basic elements
are the land, labour and capital. Labours are been taken into the process to attain
more profitability. Company is working in such an effective way that ensure in
such a possibility process to attain the benefits even to accomplish the goals and
objectives of the business.
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Roles and functions of leaders and managers
The essential role that leaders and managers inculcate in operating business
activities are controlling, planning, performance improvement and operation
strategy which are included in production and operations department. Operation
management is defined as managing stock inventories in such a manner, that
there is always a balance between demand and supply of raw material within the
organisation. In context with TESCO, operations manager plays a tough roles in
managing varied activities that will result in producing quality goods and
services.
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Cont...
There are some important operational functions which are discussed under beneath:
Transportations
Production
Promotions
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Cont..
Approaches to operation management
Operation management is defined as a field where multi dimensional activities take place
while converting raw material into finished quality products. The managers of TESCO should
critically manage and utilised all resources for achieving desired outcomes. The supervisors
have chosen effective approaches like six sigma, total quality management and just in time for
effectively operating business activities in an organisation.
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Cont..
These important approach are mentioned below:
Total Quality Management
Just-in Time
Six Sigma
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The importance of operational management
For growing any scale of business, it is necessary to have emphasis on operational flow of
activities that are taking place in an organisation. Operation management defined as the
base core through which business activities is been carried out, taking in considerations
internal as well as external environment on any business or organisation. If it is talked
about TESCO, operation management is concerned with managing, monitoring,
controlling and designing of production process that could be effectively utilised for
achieving desired outcomes.
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Cont..
These techniques are mentioned below:
Intensifying organisational productivity
Decline in cost
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Importance of Operations Management in
facilitating business success
The operation management plays an important role in operating business activities for
attaining desired objectives. There is a systematic procedures for implementing the
operational flow for converting raw material for final product that could be directly or
indirectly consumed by target market. In regards with TESCO, team leaders should
focus on essential operational functions for operating activities within work
environment.
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Cont.....
Some of these functions are mentioned below:
Planning
Organising
Commanding
Coordinating
Controlling
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Impact of business environment on operational
management and decision-making
The micro and macro environment have a huge impact on sustaining and
growing business in cut throat competition in national and international
market. If it is talked about TESCO, leaders plan each strategies taken in
consideration internal and external factor that could affect the flow of
business activities within an organisation.
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