Operations Management Report: Key Approaches and Importance

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Added on  2023/01/19

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This report provides an overview of operations management, highlighting its significance within a business context, with a specific focus on TESCO. The report delves into key approaches such as continuous improvement (Kaizen) and Just-in-Time (JIT) methodologies, exploring how these strategies contribute to operational efficiency. Furthermore, it discusses the importance of operations management in achieving customer satisfaction, reducing waste, and ensuring product quality. The report emphasizes the role of operations management in aligning manufacturing with consumer needs. The report also includes the references.
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Management and 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
Management is considered as the crucial part of firm as this aids
them to manage as well as perform business functions effectively
and efficiently. This is refers as the backbone of organisation as
their success is totally depends upon proper management.
Moreover, operation sis defined as the area that is accountable for
product development as well as designing provided through firm.
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Key approaches to operations management
Operations management is an crucial function of company as this leads
company towards effectual functioning of business activities. There are
various approaches to operation management that is used by TESCO
some of them are discussed below:
Concept of continuous improvement(Kaizen)
Just in time
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Concept of continuous
improvement(Kaizen)
Kaizen is considered as the tools of
lean production which is adapted
through organisation for developing
quality, culture of workplace, safety
and others.
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Just in time
It is defined as the strategy of
management that drive to align the
order of raw material directly form
supplier to manufacturing
department.
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Importance and value of operations
management
Operations management is defined as the procedure that aids firm in
product development. It is the crucial organisational functions that
consists planning, arranging, coordinating as well as controlling several
resources of company which leads towards producing standard quality
of products.
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Cont...
This department of TESCO is liable for retailing products which will satisfy
the clients requirements and wants. Therefore, the importance and value of
operations management are discussed below:
Customer satisfaction
Waste reduction
Product quality
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Customer satisfaction
Satisfying the consumer is the objectives of Unilever as it is very useful
to create positive image into marketplace.
Organisation can sell their product as well as enhance their profit when
consumer buy its goods.
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Waste reduction
With the assistance of lean management approach, Unilever can reduce
the wastage from production procedures.
At the time of product manufacturing there are more chances of
wastage from raw materials.
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Continue…
Operation management approach will
assists them to minimise waste
while manufacturing as well as
maximise product quality.
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Product quality
Formulating the standard quality of product is crucial aspects of
company.
The function of operation management is accountable for creating
good quality of products as this assures that organisation provides
products to consumers.
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