Operations Management Name: Institution: Abstract Operations Management involves the management and design of supply chains, services, processes, and products. It takes into consideration the manner in which an organization acquires, then develops and utilizes the resources which the organization needs in order to deliver services and goods that the clients want…
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Tactical issues are inclusive of structure and layout of the plant, methods of project management, selection of equipment, and their replacement. Operational issues, on the other hand, include control and scheduling of production, management of inventory, control and inspection of quality, handling of materials and traffic, and policies for the maintenance of equipment. This paper aims to discuss the theoretical approaches of operation management and then provides an analysis of the manner in which a restaurant, Tasty Delights, can ensure that their suppliers meet their need for raw materials and also provides an analysis of the operation techniques to be employed in both quality and supply. Introduction Operation management carefully focuses on process management in production and distribution of services (Brown et al, 2008:98). Overall activities are inclusive of creation of products, development, and management of products and services. Activities related to this include quality control, storage, process evaluation, and logistics. The greatest focus is on process effectiveness and efficiency. Operations management is inclusive of substantial analysis and measurement of internal processes. The nature of operations management is dependent on the services or products that the organization deals with. Operations management is made up of various parts that enable the organization to run smoothly and achieve its set goals (Waters, 2009:198). These include: Procurement practices which deal with the guidelines for the purchase of various products and materials form vendors and suppliers including insurance, legal services, computers and others. Management control and coordinating function which includes a wide range of operations aimed at ensuring that the goals set by the organization are being met consistently in an efficient and effective fashion (Waters, 2009:198). Product and service management which focuses on the entire organization’s operations rather than the management of a service or a product seen in service and product management for food service industries (Waters, 2009:198). Quality management which is vital in the operations management effectiveness with emphasis on continuous improvement. Quality advances including total quality management and benchmarking have resulted in the operations management advances as well (Waters, 2009:199). Distribution channels which deal with distribution means and depends on the nature of the service or product (Waters, 2009:199). Enterprise resource planning which refers to utilization of software applications in the integration of external and internal functions of the organization. Via the facilitation of information flow between HR, inventory control, and accounting, decision making, and planning are made easier (Waters, 2009:199). Facilities management since the effectiveness of operations management is dependent on the effective management of buildings, signage, computer systems, lighting and others (Waters, 2009:200). Supply chain management which is the combination of science and art for the improvement of an organization’s raw components that it needs for the making of service and products and delivery to the customers (Waters, 2009:200). It has five basic components which are; planning, sourcing of supplies, making or manufacturing, delivery, and return of defective products. This paper will aim to discuss these
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The company is also involved in offering infrastructural services for its customers. This infrastructure includes the facilities and structures necessary for the computer hardware and software it manufactures to function (David, 2007). In the line of products and services offered by the company to its customers, is the internet hosting service, where the company operates servers through which other customer organizations access the internet and the e-mail services.
The use of these innovations has made mass collection, manufacturing, generation, production, dissemination and diffusion possible (Miozzo & Soete, pp.160) minimizing the overall costs as compared to the quality and productivity of the end product. However, the technological innovations have an equally negative impact as they create a complex system dependable on modern machineries, which are human made and can go at fault any time and can put million of dollars of information or production at stake.
Crude oil has to go through six phases and various stages before finally reaching the convenience stores to be used by the consumers. It takes almost 35 days for the product to reach retail markets and Marathon stores. Marathon’s crude oil supply comes from many other countries apart from United States.
The company has more than 8,500 stores in more than 15 nations and operates the stores under different names such as Walmex in Mexico, Asda in the UK, Seiyu in Japan and Best Price in India. According to the Forbes Magazine (2000), Wal-Mart is the eighteenth largest corporations in the entire world.
There is a key benefit of the revised approach, which is the avoidance of production of redundant stock. Master Tag has been supplying the labels to the seed companies, who in turn pass the labels to the plant growers together with the seed. However, the process is inconvenient, since there is no accurately telling what amount of labels will be sufficient for any particular period, owing to the fluctuations in the plant productions, caused by various factors (Foster, 697).
According to the report information technology involves the use and application of telecommunication and computer software and equipment to store, manage, transmit and manipulate information or data. In today’s world, IT has been become a key component of every aspect of human existence and their activities.
Due to recent health issues, the owner of ABC Manufacturers wishes to sell the business. The current owner has offered his services as a contract employee for one year after the purchase. An accounting analysis of ABC reveals that the asking price is at a 20% discount to the fair market value.
The author states that the most important aspect of this lighting manufacturing business is productivity. Productivity is the measure of how efficient production is done. It is therefore articulated as the ration of the production outputs to its inputs. In this regard, the business inputs will include the raw materials, energy resources, and labor.
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