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

Operations Management: Tesco's Capacity Management - Essay Example

Comments (0) Cite this document
Summary
Operations Management: Tesco's Capacity Management Table of Contents Introduction 3 Background Information 4 Company Strategies 5 Conclusion 9 References 10 Bibliography 10 House of Lords. (2008). Waste Reduction: 6th Report of Session 2007-08: Vol. 2 Evidence: House of Lords Paper 163-II Session 2007-08…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Operations Management: Tescos Capacity Management
Read TextPreview

Extract of sample "Operations Management: Tesco's Capacity Management"

Download file to see previous pages In other words, the operations managers are held responsible for accomplishing the business process effectively and efficiently. Efficient handling of business process includes the underlying technology which assists in production as well as monitoring the factor output ratios. in addition, the supply chain of the production process too is counted as part of operations management. Hence, the operations managers are responsible for incorporating competitiveness in their production process. The diagram alongside shows the intrinsic nature of operations management process where the manager’s decision is the ultimate force operating behind the choice of inputs. This choice is entirely based upon the manager’s efficiency and discretion of choice given the costs associated with the production process. The manager on the other hand, acts on the basis of information that he acquires from the market. These inputs are employed in the production process which yields the final output that is sold to the customers. Based on the feedback of customers, the managers decide to continue with their chosen input endowment. This is where the question of competition crops up (Waters, 1999, p. 4). The present paper examines this very aspect of Tesco and attempts to demonstrate the degree to which changes in operations management could actually lead to improvements in its level of competence. Background Information Tesco was founded by Jack Cohen in 1929 in UK after being impressed by the concept of supermarket chains in different parts of USA. The prime motto of Cohen while he conceived the idea of Tesco had been that of purchasing large stocks of goods and selling small units of those commodities to retail customers, thus accumulating the difference between wholesale buys and retail sales, as profit margins. The year 1947 saw the company being embodied as a joint-stock company and in 1956 it opened its first self-service store. Post 1960s, the company decided to expand its business through acquiring a number of companies. However, the company still had a long way to go in order to make its presence felt among the English people. It laid the foremost importance upon the aspect of price competition which is historically regarded as playing one of the primary functions guiding customer decisions. The company had been employing a variety of measures beginning from producing on a large scale through indulging in merger and acquisition activities. Another innovative method that the company implemented in order to allure its customers had been that of issuing stamps to their shoppers which the latter could either convert into cash or trade for some other gift. However this strategy did not work for long with British customers as they gained more and more wealth thus demanding for luxury commodities rather than the commonplace ones produced and marketed by Tesco. As Tesco could not respond as quickly to customer demands, they felt the brunt of a looming crisis with receding customer demands thus forcing them to concentrate upon their supermarket stores and shutting their retail stores. In fact, the worsening state of the company had been one of the reasons why Imperial Tobacco dropped the idea of including Tesco in their portfolio while planning a diversification; their main concern had been that of a blemish upon their popular image following this incorporation. To improve their corporate image, the company deci ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Operations Management: Tesco's Capacity Management Essay”, n.d.)
Retrieved from https://studentshare.org/environmental-studies/1423036-operations-management-tesco-s-capacity-management
(Operations Management: Tesco'S Capacity Management Essay)
https://studentshare.org/environmental-studies/1423036-operations-management-tesco-s-capacity-management.
“Operations Management: Tesco'S Capacity Management Essay”, n.d. https://studentshare.org/environmental-studies/1423036-operations-management-tesco-s-capacity-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Operations Management: Tesco's Capacity Management

Global Challenges for Business Management and Leadership

This section aims at understanding the challenges faced by the United Nations due to political conflicts. In the summer of 2007, an issue in the Politically Speaking, the DPA had highlighted the increased focus on the conflict meditation. This report had also highlighted the interview with the Under-Secretary-General for political affairs. In the interview, he defended the UN against all the criticism and he also highlighted the need for finding political solutions for issues around the world. The interview also highlighted the importance of results to show the effective working of the UN. This interview also highlighted and urged critics to look at the positive along with the negatives of the UN. “The UN has knowledgeable a...
7 Pages(1750 words)Research Proposal

Customer Relationship Management

 Consumers started looking for variety and lower prices. Through the use of technology, such customer tradeoff against variety and prices is not necessary. The US life insurance industry is large, mature and dominated by a number of large companies and this industry has been one of the early adopters of computer technology (Subramanian & Chatterjee, 2007). The advent of the CRM systems changed the landscape of the insurance industry.

The health insurance organizations use CRM to prepare health proposals and process applications in a much faster and accurate way. The organizations are better able to understand the needs and habits of the customer and provide more efficient service. Companies are able to integrat...
9 Pages(2250 words)Case Study

Diversity Management in Organisations

... column. Superior staff’s as well as clientele satisfaction results in increased productivity. Diversity goes ahead of worker’s equity to cultivate office surroundings that values the dissimilarities and capitalizes on the latent of all workers, one that encourages worker’s inventiveness and innovativeness. (POLLITT, David, 2006) Diversity management enable individuals to act upon up to their utmost potential as it emphasizes on modifying the company‘s ethnicity and infrastructure so that people may attain the peak output efficiency feasible. Efficiently administration of diversity manoeuvres the “operating overheads and workforce attitudes, recruitment of human resources, sales and market share, creativity and innovation, group problem...
6 Pages(1500 words)Case Study

Active Directory - Security, User, and Resource Management

Administrators make use of group policies to launch principles for desktop predilections and software. For many corporate information technology groups, concurrence with group policies to identify what software should be presented to each category of user, even without human intervention installing it on demand from a corporate server (Silberschatz, Galvin, & Gagine 2002. P. 838). The capability of the AD was introduced in the year 1999, its initial release was with the MS Windows 2000 Server Ed., additionally personalized to spread out functionality, security parameters and build up administration in MS Win Server 2003. The most recent better facilities and efficient edition of the AD are introduced in the Windows Server 2008...
6 Pages(1500 words)Report

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Management: Social Responsibility and Ethics

When we speak about business management, most people talk about the core business functions like strategies, products, training & development, management of various departments of the business like marketing, production, planning, etc. Social responsibilities and business ethics are the least communicated topics in the business community because of the least preference given to the non-productive sectors by organizations. Most of the greedy organizations spent millions on the research and development for improving their competitive power in the business world, but they often keep a blind eye towards their responsibility towards ensuring proper ethical standards in their business activities. Organizations that underestimate the...
6 Pages(1500 words)Coursework

Information Security Management

Security is a group of activities that include the policies, measures, and actions which are utilized to stop unlawful access or alteration, theft, and physical damage to information or computer. Security can be supported by an assortment of techniques and tools to safeguard computer hardware, software communications networks, and data (Laudon & Laudon, 1999, p. 502). In the modern age of information technology, there are many threats happened for organizational information. We need a security model that has the ability to manage and secure our information reserves. Technical administrative safety /security measures like security plans, actions and techniques are the main practices for the organizational information security m...
10 Pages(2500 words)Research Paper

Structure of the Educational System in Morocco and Its Capacity for Addressing the Needs of the Hospitality Industry

It is expected that the development of the tourism sector will assist in providing employment to the young and a valued source of income for the nation.

The tourism sector in Morocco has presented a strong growth of 6%, compared to a world average of 1.6% within the last decade (Alkhatib, 2008, Pp. 2). However, the tourism sector in Morocco must compete with other regional attractions, including those that are found in Egypt, which presented a growth rate of 20.6% for its tourism sector within the same period. The Vision 2010 strategy developed by the government in Morocco in the year 2001 in concert with the private sector targets attracting 10 million tourists compared to the 4.4 million in the year 2001 to generate...
15 Pages(3750 words)Research Proposal

Self Assessment: Conflict Management Style

...Please indicate Self Assessment: Conflict Management Style The assessment on conflict management that I took suggests that I am the type of person who tends to cooperate and work with people to achieve a desirable outcome. It suggests that when I am faced with a conflicting situation, although I listen and consider other viewpoints included in the discussion, I carefully evaluate and analyse every detail in accordance to my own. It depicts that I welcome other ideas or arguments but not easily swayed by them for I tend to make my point be heard and accepted as well, creating a really interesting discussion that in turn promotes a win-win situation. Furthermore, the assessment also indicated that second to collaborating attitude, I also...
7 Pages(1750 words)Essay

Management Theory and Practice in the Early Childhood Education Industry

As pointed out in a study by Osgood and Halsall (2007) where they carried out research to examine the position of women in leadership or management positions, a “glass ceiling” exists for women in the academic setting, which could significantly impair motivation. Since many of the individuals employed in the early education sector are women, addressing this issue is even more important because these individuals are faced with the difficult task of shaping young minds while also dealing with the problems associated with the actual physical care of very young children. The quality of professionals in this sector is vital because it impacts the growth and development of the children that they care for. The degree of invol...
6 Pages(1500 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.

Let us find you another Essay on topic Operations Management: Tesco's Capacity Management for FREE!

Contact Us