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.
Nobody downloaded yet

Strategic Operation Management - Essay Example

Comments (0)
Strategic Operation Management Part I Introduction Strategic operation management, in the current times, is of immense importance for the success of a company. There are numerous theories and principles that have been developed in the field of strategic operations management…
Download full paper

Extract of sample
Strategic Operation Management

Download file to see previous pages... To begin with, Schmenner & Swink (1998) argue that operations management has its basis in the known theories of natural science. They argue that the discipline of operations management can explain the reasons why two production centers are not alike in their productivity. According to them, certain deductive laws such as Law of Variability, and the Law of Bottlenecks can explain the ways of improving productivity to a certain extent. Productivity gets hampered due to myriads of variability factors in the processes. It can be measured in terms of labor output, machine output, or total factor productivity output. Similarly, when bottleneck issues are addressed, overall productivity can be improved. The effect of above mentioned laws can be further augmented by certain other laws that have been derived out of real life experiences and they are: the Law of Scientific methods, the Law of Quality and the Law of Factory Focus. The law of scientific methods, for instance, is based on empirical findings using industrial engineering tools. The law of quality states that productivity gets enhanced as quality of product improves through changes in processes or product design. The law of factory focus explains why outsourcing has become so popular in current times. The rationale is that only core functions are focused within the unit and all other activities such as small component or utility services are procured from outside sources. Other processes or parts are outsourced to those who can better produce them more efficiently and can be assigned as their core activities. In recent years, supply chain management has been a most crucial issue for several transnational companies. They not only market their products globally but operate several production centers across several countries. Their success in these countries depends upon how efficiently they manage and coordinate different activities. Supply chain management is becoming more and more crucial for their success. Several theories have emerged in last decade or so that revolve around supply chain management issues. Kor and Mahoney, (2004) argues about resource-based view theory that resources of the organization create, sustain and built competitive advantage of the firm. The origin of this theory goes back to the theory of comparative advantage proposed by famous economist David Ricardo. The crux of the theory lies in its recognition that resources are rare and cannot be substituted to gain competitive advantage. Many authors emphasize that in the changing world scenario, knowledge is a resource that is crucial for gaining competitive advantage. For most modern organizations, this is a discerning characteristic to differentiate from others (Grant, 1997). Strategic decision making has been cornerstone of the successful organization that is where Strategic Choice Theory comes into play. According to this theory, managers play a crucial role in making strategic decision to advance the organization towards fulfilling its objectives (Ketchen and Hult, 2007). McNichols and Brennan (2006) propose Network perspective (NP) as an important theory that can be applied in augmenting supply chain management efficiency. According to NP theory, networks among the support organizations increase competencies and resource capabilities of firms through coordinated activities (Robert and Mackay, 1998). It ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
Operation Management
The paper aims to espouse on the overall concept of operation management and describes the operational management activities utilized to realize success, in terms of capacity management in hospitality in this particular hotel.
9 Pages(2250 words)Essay
Operation Management: Savoy hotel case
The report focuses on problems that are faced by hotel business, as well as viable suggestions on how services can be improved. The areas focused are booking, parking, reception, lobby services, room services, recreational facilities, conference room facility, guest room cleaning, laundry quality, inventory, maintenance, fire fighting and emergency procedures of the facility.
13 Pages(3250 words)Essay
Operation management
The paper tells that the definition of the operation management is, “Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. Operation management is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization”
9 Pages(2250 words)Essay
Operation management
Thus the main of the operations management is the optimization of all processes in an organization. Operations and processes Operations and processes management Operations function is basically a section of an organization responsible for producing both products and services.
12 Pages(3000 words)Essay
Strategic Operation Management
In this study the discussion would focus on Zara’s product design, production and operation. Furthermore, analysis of the interesting facts and strategies of the company would be done to identify the reasons behind the success of Zara (ZARA, 2010). Product Design and Development strategy The process of product designing and development is an extremely people intensive procedure.
7 Pages(1750 words)Essay
Operation management
Operation management rely more practical and scientific execution of theories and calculations rather than putting more on theoretical aspects. According to Slack (2004), any operation is concerned about production of products or processing of services. In such context, manufacturing of products raw materials, parts, practice of workers, subassemblies etc while service is pretty much intangible in nature but it needs involvement of employees who would process the service to customers.
10 Pages(2500 words)Essay
Operation management
But recently the company has started facing major operational issues that are likely to affect the business if the managers do not find effective solutions for these problems in the near future. The company should pay critical attention to improve on the operations management processes and deal with the critical factors underlying the issues in the operations management of Wal-Mart.
14 Pages(3500 words)Essay
Strategic operation management- case study
CV dropped out of garment manufacturing and sold off its interests in knitwear, the retailers lost the CV supply chain and began to deal with other intermediate suppliers and then directly with the offshore suppliers themselves. One of the conditions on which overseas suppliers
10 Pages(2500 words)Essay
Operation Management
This paper is attempted to focus on the similarities as well as the differences between the operation management in the context of manufacturing industry and the same in the context of service
3 Pages(750 words)Essay
Strategic and operation management
a leader in the market since decades, with the discovery of new fibres, it has been losing its market share proportion, as the old fibre market got replaced. Britlene, as the patented fibre by DSF was used to produce heavy-duty clothes, tyre cords as well as industrial belts.
9 Pages(2250 words)Essay
Let us find you another Essay on topic Strategic Operation Management for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us