StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Global Operations Management - Essay Example

Cite this document
Summary
The points below only describe the characteristics of services and manufactured products but only on the polar extremes of the continuum because while some service organizations are strikingly different from manufacturers, other service firms can provide both tangible products and intangible services…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91% of users find it useful
Global Operations Management
Read Text Preview

Extract of sample "Global Operations Management"

Download file to see previous pages

As manufactured products are tangible, customer demand can be anticipated and products may often be produced, transported, and held win inventory until customers need them. This allows manufacturers flexibility in deciding when to produce products. Inventory can be used as a buffer between a stable production capacity and a highly variable customer demand. This means that when production levels are held constant, in periods of low demand inventory levels of finished goods will climb, and in periods of peak demand inventory levels of finished goods will fall.

This is not to say that all manufacturers inventory finished goods, because some manufacturers choose to wait until products are demanded, then produce the products and ship them directly to customers. Services cannot ordinarily be produced in advance of customer demand and must be delivered to customers at the time of demand or later. This means that service operations must ordinarily plan production levels to approximately equal customer demand. With manufactured products, customers do not ordinarily intrude into the manufacturing process.

In fact, customers have little contact with the manufacturing system in most cases. In service operations, however, customers are routinely involved in the production process. In such service operations such as hospitals, restaurants, and banks, the customers enter the production process, are routed to the necessary service operations, and exit from the service system. In almost all services, operations personnel need training in people skills because the key element of quality control is the way in which operations personnel conduct their transactions with customers.

Service characteristics include: Intangible outputsOutputs cannot by inventoriedExtensive customer contactShort Lead timesLabor intensiveServices quality subjectively determinedManufactured product characteristics include: Tangible products Products can be inventoried Little customer contact Long lead times Capital intensive Product quality objectively determined2. The six major components of operations strategy include:1 Positioning the production system2 Product/service plans3 Outsourcing plans4 Process and technology plans5 Strategic allocation of resources6 Facility plansOperations strategy is a long-range game plan for the production of a company's products/services and provides a road map for what the production or operations function must do if business strategies are to be achieved.

Operations strategies include decisions on such issues as what new products or services must be developed and when they must be introduced into production, what new facilities are required and when they are needed, what new technologies and processes must be developed and when they are needed, and what production schemes will be followed to produce products/services.3. Competitive priorities can be thought of as the things that customers want from products/services; thus, they can be used s tools to capture market share.

But, all of these competitive priorities cannot ordinarily be used for a single product. Once the competitive priorities are set for a product or service, operations strategy must then determine the required production system needed to provide the priorities for the product or service.The

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Global Operations Management Essay Example | Topics and Well Written Essays - 1000 words - 1”, n.d.)
Global Operations Management Essay Example | Topics and Well Written Essays - 1000 words - 1. Retrieved from https://studentshare.org/miscellaneous/1525184-global-operations-management
(Global Operations Management Essay Example | Topics and Well Written Essays - 1000 Words - 1)
Global Operations Management Essay Example | Topics and Well Written Essays - 1000 Words - 1. https://studentshare.org/miscellaneous/1525184-global-operations-management.
“Global Operations Management Essay Example | Topics and Well Written Essays - 1000 Words - 1”, n.d. https://studentshare.org/miscellaneous/1525184-global-operations-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Global Operations Management

The Operations Management Strategy of IKEA

All of this growth would not be possible without implementing strategic and Global Operations Management that transcends national boundaries.... How the operations management strategy and issues changes during the life cycle of products/services offered by IKEA: In its early beginning in 1943, operations management strategy is simple and confined to the local operation.... operations management took responsibility in protecting the environment by changing the way they do things in IKEA and by using environment friendly materials....
8 Pages (2000 words) Coursework

Comparing and Contrasting Operation Management

It indicates that operations management is the art and science of creating and delivering the final goods to the consumers to meet their demands and for their satisfaction (Schemenner, 1984).... hellip; In addition to this, the field of operations management can also be related to effective management of an organization's operations so that the organization can provide its customers with high quality goods and services that would ensure total satisfaction of customers along with enhancement of skills and knowledge who actually carry out the processes....
6 Pages (1500 words) Essay

Strategic Management Plan for PPQ Parts Company

4-Year Strategic management Plan for PPQ Parts Company Executive Summary PPQ Parts is a manufacturer of Sport Utility vehicles (SUVs) in the United States with little control of the market share.... hellip; This strategic management plan formulates strategies that would define its best course of action.... They include employment rebranding strategy, marketing management strategy, strategic alliance and implementation of lean operations.... Strategic management Plan Employment Rebranding Strategy The ability of PPQ parts to attract and retain customers is one of the big challenges the company faces....
5 Pages (1250 words) Essay

Internal/External Sourcing Strategies Paper

This may involve the company sourcing certain aspects of their business, such as manufacturing, services or goods, to the off shore companies that work independent in terms of management and ownership.... With the growing world of globalization, the external sourcing in terms of services and goods has increasingly become a very common practice amongst business institutions and companies, which either want to become global in reach or already are enjoying the status....
5 Pages (1250 words) Essay

Global Operations managenment

Another political issue that PPQ Parts might have to face is the propaganda raised by different lobbies regarding the PPQ Parts' products Global Operations Management In order to expand on global level, PPQ Parts may have following political and economic issues: Political Issues PPQ Parts may have the most significant concern that there is a likelihood that the present or forthcoming government may alter the legislation relating to that particular product that PPQ is dealing in with....
1 Pages (250 words) Essay

Globl operations mngement

In practice, Pepsi Company has displayed specific actions that depict a Global Operations Management approach.... Clearly, companies of today practice Global Operations Management Pepsi Company is a United s based company that uses the global management approach to their management operations.... In practice, Pepsi Company has displayed specific actions that depict a Global Operations Management approach.... A Dynamic Research Framework for Global Operations Management....
1 Pages (250 words) Essay

Comparing and Contrasting the Main Operation Processes of Two Organizations

As defined by Slack, Chambers, and Johnston (2010) operations management aims to provide the customers with products and services to meet the demands of the customers in the market.... In order to compare and contrast the operations management, two organisations have been selected and these organisations are Coca Cola and Pepsi.... Regarding operations management processes, Coca Cola's volume, variety, demand variation and visibility characteristics are explained in detail below; In order to attract the customers and to meet their requirement, the company has an extensive product line (Wan, Evers, & Dresner, 2012)....
6 Pages (1500 words) Essay

Global Company Environment and Strategy - IKEA Corporation

All of this growth would not be possible without implementing strategic and Global Operations Management that transcends national boundaries.... operations management took responsibility for protecting the environment by changing the way they do things in IKEA and by using environment-friendly materials.... Thus in 1990 onwards, IKEA embarked on a global operations strategy and put up more stores in UAE, China and other parts of Asia, Australia and even Russia....
8 Pages (2000 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us