Nobody downloaded yet

Business Operations and Systems - Literature review Example

Comments (0) Cite this document
Summary
According to Paul the term business operating system (BOS) is a typical, project-wide assortment of various processes of business applied in most expanded industrial firms. This definition comprise of a universal structure, rules and policies essential to operate the company. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.1% of users find it useful
Business Operations and Systems
Read TextPreview

Extract of sample
"Business Operations and Systems"

Download file to see previous pages It was one of the first chief oil firms to openly declare the necessity to protect the environment through minimization of greenhouse gases emission. BP has main listing on the London Stock Exchange and is a component of FTE 100 index. As of December 2011, the market capitalization stood at ? 87.1 billion making it rank fourth largest of any firm quoted on the London Stock Exchange (BP, 2012; p. 2). New York Stock Exchange has the secondary listings of the firm. The success of the firm is instrumentally motivated by the kind of operational strategies used by the management of BP. Power and capabilities have been effective in the firm in the development of world market for its products among other oil firms. As mentioned earlier, the firm operates in all the six continents globally within 100 States. The primary objective of the firm has been to drill and locate oil in various parts of the world. Other main functions have been to explore and produce crude oil and natural gas, refining of crude oil, market distribution and hauling and manufacture of petrochemicals. The firm has also considered producing solar power. Therefore, the tactical management of operations can be seen as instrumental in the success of the firm. As one of the greatest petrochemical and oil production company the firm has considered to specialize in exploration and production of gas, supply of the petroleum products and production and distribution of various chemicals. Currently, the firm has rapid modification of its outside market as the firm has highly regarded itself as contemporal learning organization, which is obliged to be reactive and adaptive to the high technology in the...
The business can make use of this in their interior operations that can be applied to consignees, distributors and stakeholders. The process of payment or status of the cargo or consignment can be easily received thus providing an efficient channel for replenishment of stock at the right time. This technology can be used to assist the firm in minimizing the risks associated with the inventory management and maximization of sales through reduction of life cycles of the products. Furthermore, competitive advantage can easily be achieved considering the fact that there is an easy order-entry procedure and reduced paper work. Even though there are apparent benefits for companies and development of these operational management systems, there are still some observable challenges. Therefore, the firm’s management must be in a position to guarantee the obstacles can be handled with care to avoid loopholes in the system. What’s more, it is observable that the status of economy can trigger British Petroleum to consider using all their arsenals in delivering products and services to various segments of the global market. The application of operational business management approach can help make more efficient the business assortment of the firm. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Operations and Systems Literature review”, n.d.)
Business Operations and Systems Literature review. Retrieved from https://studentshare.org/business/1454038-business-operations-and-systems
(Business Operations and Systems Literature Review)
Business Operations and Systems Literature Review. https://studentshare.org/business/1454038-business-operations-and-systems.
“Business Operations and Systems Literature Review”, n.d. https://studentshare.org/business/1454038-business-operations-and-systems.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The use of logistical systems and supply chain of an international companys European supply chain business operations
...? “Provide a case study that illustrates the use of logistical systems and supply chain of an international company’s European supply chain business operations”. Course: BA (Hons) International Business Module: Managing Business Logistics & the supply Chain (09488017) Unit Leader: Nuran Fraser Author: Ngohide Tseen Biam List of Abbreviations EC: European Commission EMEA: Europe, Middle East, and Africa EU: European Union JIT: Just-in-Time L&SC: Logistics and Supply Chain MCA: Monetary Compensation Amount RFID: Radio Frequency Identification SC: Supply Chain TQ: Total Quality UK: United Kingdom US: United States VAT: Value Added Tax Table of Contents Page Executive Summary……………………………………………………………………………..9 1. Introduction... ...
25 Pages(6250 words)Essay
Systems and Operations Management
...planning solution and supply chain management system will support the initiatives. Creating an ambidextrous and learning organization will create the necessary corporate culture of excellence geared towards continuous improvements. Table of Contents Executive Summary 2 Table of Contents 3 Background of the Case 4 Business Analysis 4 Issues 5 Pricing Strategy 5 Operating Issues of ASIS 6 Customer Service Operations 6 Custom Print 6 Warehousing 7 Atokowa Supply and Purchasing: 7 Atokowa Brands: 7 Expanding Presence in the Internet 8 Information Technology 8 Conclusion 8 Recommendations 10 Pricing Strategy 10 Operating Issues of ASIS 10 Customer Service...
11 Pages(2750 words)Assignment
Business Operations and Systems
...levels was in a saturation state compared to the companies which outsourced logistics services. Retail companies with large and complex networks had to depend on third party Logistics Company, which not only focused on delivering products on time but also aimed at providing good service. (Fernie, 2009, p. 55-56). Two important concepts of Soft Systems Methodology are “CATWOE” and “ROOT”. These help the companies to locate defects in their production and operational process. The definitions are explained below in the table: CATWOE Definition ROOT Definition 1. C-customers on the receiving end and their cause of worry. 1. What measure will the company take to solve the problem? 2. A- “Actors” who will...
4 Pages(1000 words)Essay
Business Operations and Systems
...?Business Operations and Systems Table of Contents Operation System of Unipart 3 Challenges faced by Unipart 4 Remedies to the challenges 5 Present State of Logistics network 5 Suggested Recommendations 5 References 7 Operation System of Unipart ASOS is an online fashion store where customers order garments in a click of a button and the delivery is supposed to reach the customers in the UK within six to seven days and within fourteen to seventeen days in Asian countries (ASOS, 2013). The logistics system of such a company should be very efficient and productive. ASOS relies heavily on its counterpart...
4 Pages(1000 words)Essay
Business Operations and Systems
...?Business Operations and Systems Table of Contents Table of Contents 2 Managerial qualities and Resource utilization 3 Balanced Scorecard (BSC) 4 Conclusion 6 References 6 Managerial qualities and Resource utilization The successful implementation of an effective business model depends upon the strategic analysis conducted by the manager. Strategy analysis is an essential step in designing of a sustainable business model. The effective design of a business model is important for the establishment of competitive advantage of the company. Selection of an effective business strategy is much more difficult than selection of a...
4 Pages(1000 words)Essay
Business Operations - A Systems View
...? Business Operations - A Systems View BUSINESS OPERATIONS - A SYSTEMS VIEW Introduction Aramex is aware of various challenges facing their organization in uncertain and difficult times. The international economy is interconnected so much that a problem in one industry or country creates problems in another industry or country. However, for Aramex, the problem is much closer to home as they are charged with the maintenance and growth of their business’ viability without regard for the events that they cannot control. Organizational theorists have long considered learning as a vital part of the development and maintenance...
8 Pages(2000 words)Assignment
Business Systems and Operations
...BUSINESS SYSTEMS AND OPERATIONS Question Part What Is a Supplier Appraisal When a company, which is aiming to distribute a certain type of product (for example, Dell mass produces computers. However, some parts of the computers that they produce are imported from suppliers abroad), aims to choose a particular group of suppliers that would be able to provide them the kind of service and assistance that they need to come up with the said products, there is no doubt that that company would become much interested in carrying out a market or supplier research that would best benefit the process of choosing that the purchaser of product or services needs. Considerably, any company standing as the purchaser of particular products would... and...
14 Pages(3500 words)Essay
Operations and Business Systems Management
...Operations and Business Systems Management Part -A Slack et al - The Four V's applied in an Organization : Most operations are a complex set of interrelated smaller operations each with a specific function. These sub- operations interact together to provide the main goods and services to customers, each having its own transformation process. There are basically four important dimensions which can be used to distinguish between different operations: the volume of their output, the variety of their output, the variation in the . demand for their output and the visibility. In this case, we would...
10 Pages(2500 words)Research Paper
Operations and Business Systems Management (OBSM) - Business Studies
...Operations and Business Systems Management (OBSM) – The case of Toyota Motor Corporation I. Introduction In the modern market which is characterized by an intensive competition between the companies of all industrial sectors, the design and the application of an effective operational strategy is a challenging task. For this reason, Santos et al. (2000) suggested that each company should prioritize its objectives trying to identify the sectors where the corporate activity should be concentrated. Moreover, the above researchers stated that ‘according to its characteristics, objectives and the resources available (human, physical, financial etc.), each company prioritizes some competitive criteria, according to market tendencies... by the...
10 Pages(2500 words)Essay
Part 1 Information systems; e-business and successful operations are increasingly recognised as being strategically important to the success of businesses and economies. Select ONE from the following two options and write a 600 word summary on that topic:
.... To generate more revenue an organization should implement Internet or Information Technology in their business, this strategy will aid the organizations to achieving sustainable competitive advantage with the help of by reducing the cost of operation functions in to the organizations. This whole activity provides the organization a better management structure and best output results. Another advantage of this strategic system is that it will provide a unique type of values to their customers along with various type of features, way of services and logistical arrangements. The internet system helps the organizations to make their operational functions...
8 Pages(2000 words)Essay
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.
Let us find you another Literature review on topic Business Operations and Systems for FREE!
Contact Us