Operational Management: Principles and Concepts (Name of student) (Name of institution) Table of Contents Table of Contents 2 Introduction 3 Operation management as a discipline 4 Process stakeholders 5 Assessing process stakeholders needs 5 Incorporating corporate strategies 7 Six Sigma 8 Operation management opportunity 8 Recommended Solutions 10 Conclusion 11 References 12 Introduction Every business in the global word is striving to operate effectively in business activities…
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Consideration to use this approach and its associated tools is essential because it helps in tracking process performance and to a greater extend assess quality of both inputs and outputs used by business (Harvard Business School Press, 2010). Evaluation of every step taken is vital since these steps will be reflected in the general company’s performance and effectiveness. Business process improvement considers several operating sections in a company which range from: supplier base selection and input purchasing activities, ordering process, inventory control, internal business processes, outcomes of the processes and even the company’s competitive position in the market and mind of its shareholders. The market is dynamic hence every process needs improvement to stay ahead of other competitors and generate returns to shareholders within a considerable time period. Companies faces different challenges hence these challenges became the triggers requiring the use of business process improvement tools. There is need for quality management where costs are reduced and revenues increased. This can only be done if the managers can identify specifically problematic performances which require carefully planned activities. The process steps therefore require identification with their details of demands associated with their performance before establishing an illustration for each process (Harvard Business School Press, 2010). Business process improvement is essential because it helps in standardizing processes so that there is a reflection of what is expected and what is actually in progress. Evaluation of such processes will be easy since results for every section of the process have been determined earlier enough and discrepancies in operation eliminated. This is only possible by efficient operation management. Operation management as a discipline This is an academic discipline classified as a subset of business studies. It is focussed on giving theoretical and practical studies of management where efficiency and effectiveness is realised in operation processes. Overseeing of how processes are undertaken helps managers to come up with appropriate designs that will increase efficiency in production. It is therefore required that in undertaking this academic field one should be able to understand how various company systems work and how as a manager one can redesign these systems of operation and make a change that will help the company realise its operations effectively. Management of physical functions of an organisation and even its technical function is very important since they will affect the existing main sections of an organization; production, manufacturing and development (Leseure, 2010). It incorporates the need to understand how designs and operation of systems is undertaken in production process. As a discipline various operation management sections are studied like planning, scheduling and control of various processes which specifically are directed in transforming outputs into outputs. It is a complex academic program which needs understanding of concepts and principals management at plant level, production, maintenance, industrial labour relation, cost control and more importantly critical analysis of organization process systems.
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5 Pages(1250 words)Article
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