Nobody downloaded yet

Managing Operation - Essay Example

Comments (0) Cite this document
Summary
Operations management, like any other functions of an organization is also a distinct function. Every corporate that offer any goods or services will…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.2% of users find it useful
Managing Operation
Read TextPreview

Extract of sample
"Managing Operation"

Download file to see previous pages  The operations of an establishment are all the activities which are directly linked to accomplish the key function of the organization – be it producing a product or rendering services. In both the cases the operations system of rules will offer the transition of certain inputs, like materials and labour, into outputs, as products or services. This paper will discuss about the company Toyota Corporation and how it became the number one car maker.
Toyota Motor Corporation, which is based in Toyota, Japan, is one of the world’s largest automobile manufacturer offering well known car models like Camry, Corolla, Corona and Lexus. Though a late entrant compared to General Motors and Ford, Toyota had become one strongest player in the automobile industry. In an industry generally considered to be mature in terms of technology, Toyota had continued to set benchmarks for providing value to customers more effectively than competitors. Toyota had also redefined the rules of operation management in various areas like product development, manufacturing process, vendor management, customer satisfaction and human resource management. The formal establishment of Toyota motor company ltd., took place in 1937 and since then it moves onto become the leader in the global automobile industry. By 31st march 2008, Toyota group approximately sold 8.9 million vehicles in 170 countries under the Toyota, Lexus, Daihatsu and Hino brands. Since the automobile industry is now facing a recession, Toyota aims to achieve sustainable growth by building a more flexible and stronger operational process and corporate structure to counter the challenges of the hyper competitive market world over (Annual Report, Toyota, 2008).
Toyota devised lean production which is otherwise known as the Toyota Production System (TPS) which has started a worldwide shift in almost every industry to Toyota’s ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Managing Operation Essay Example | Topics and Well Written Essays - 4000 words”, n.d.)
Managing Operation Essay Example | Topics and Well Written Essays - 4000 words. Retrieved from https://studentshare.org/miscellaneous/1556968-managing-operation
(Managing Operation Essay Example | Topics and Well Written Essays - 4000 Words)
Managing Operation Essay Example | Topics and Well Written Essays - 4000 Words. https://studentshare.org/miscellaneous/1556968-managing-operation.
“Managing Operation Essay Example | Topics and Well Written Essays - 4000 Words”, n.d. https://studentshare.org/miscellaneous/1556968-managing-operation.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Operation management
...? This report explores the importance of strategic operations management in manufacturing and non-manufacturing firms and establishes the fact that an operations strategy that is in line with the business strategy which addresses competition by stressing to evaluate key performance objectives as per customer preferences can be sustainable. Table of Contents 1. Introduction 2. Defining Operations Management 3. Strategy in Operations 4. Importance of operations strategy a. Competitive advantage b. Effective resource allocation c. Lean management d. Supply chain Management 5. Frameworks and...
13 Pages(3250 words)Essay
Operation management
..., wholesalers or distribution centers. The goods are then classified according to their purposes and then shipped according to the placement orders. From here, the goods are then passed to the MRO goods inventory where they are placed for maintenance, repair and operating supplies. Here, support is accorded to help maintain the infrastructure and the production process as a whole. This is done at prescribed outlets which are run by the company’s certified partners (Harrison, Lee and Neale, 2003). By using the ABC classification system, it is easier to rank the inventories and manage them based on their costs, outputs and inputs and also by analyzing them to get the most out of the little produced. For...
5 Pages(1250 words)Assignment
Managing Operation: Abu Dhabi National Oil Company
...Managing Operation Introduction The United Arab Emirates is one of the greatest producers and exporters of oil globally. The global demand for fuels such as oil is always on a constant rise enabling the UAE and oil companies in the country to rip massive profits. Abu Dhabi National Oil Company is the fourth largest oil company in the world domiciled in the emirate of Abu Dhabi in UAE. Abu Dhabi National Oil Company (ADNOC) is a state-owned organization that exploits Abu Dhabi’s vast gas and oil reserves. These oil reserves encompass approximately 137 billion barrels or 21.8 x 109 m3. ADNOC’s proved oil reserves currently hold the fourth place in the UAE’s national reserves behind Kuwait, Iraq and Saudi...
11 Pages(2750 words)Essay
Operation management
...?Question In the Research Operations Report with underlying operations concept, the proponent tries to explore the prevailing way of “managing people” at Apple Incorporated. As found, Apple Incorporated is not only good at managing complexities, but successfully copes with change needed to be introduced in the company in order to face the challenges of time. Coping with change as investigated involves important skills in leading people (Kotter, 1998). However, due to highly complex nature of management at Apple Incorporated, managing with complexities is also necessary, but in the age of tough competition in Apple’s industry,...
10 Pages(2500 words)Essay
Operation Management
...? Executive Summary The focus of the paper is to review the shortcomings and to finally produce the potential remedies that would increase operational management efficiency of a leading five start hotel Fairmont operating in Singapore. Business dynamics and its performance cannot be kept in isolation from the macroeconomic constraints which either directly or indirectly influence business functions. So in order to develop a business plan all the factors need to be factored in to formulate the business plan. The paper would give a brief history of the hotel and evaluate the current situation in terms of its internal and external benchmarks. The solution to rectify...
10 Pages(2500 words)Research Paper
Service Operation and Manufacturing Operation
...?Running head: Service Operation and Manufacturing Operation Executive summary This paper focuses on the identifying the differences between service operations and manufacturing operations. It clearly distinguishes what are the tasks undertaken by the service operations management and the manufacturing operations management. Consequently, it explains how service operations management can benefit from implementing manufacturing operations and system. It covers the lean operations and resource planning system to illustrate clearly that...
7 Pages(1750 words)Essay
Operation
...?Business Inserts His/Her Inserts Grade Inserts 6th July, Business Processes Several processed will be undertaken in the process of ensuring that the tanning salon is run on a professional basis. All the processes within the tanning salon will be undertaken on a day to day basis. For instance the process of welcoming and making customers feel welcomed is a critical task since it engages the customer with the staff. This helps in creating value since it is part of the service that the customer will receive. The next process would be to make sure the customers are explained the services, products and technology used in the tanning process (Blais 88). As part of building value, the customer has to have knowledge of the services... Inserts...
3 Pages(750 words)Research Paper
OPERATION
...demand for the products, which enabled the company to immediately respond to rapid changes in product demand and reduce the company's vulnerability to external factors that affect its profitability and operations. Similarly, Revlon's recent inventory restructuring initiative was influenced by the increased need to optimize all aspects of the company's resources to meet greater customer-service expectations and to manage capital flows from inventory to other business activities such as research and product development. In contrast with Deere's efforts, Revlon emphasized a process-based approach to reduce inventory costs. This entailed targeting the inefficient parts of the company's supply chain for...
2 Pages(500 words)Essay
Managing Operation
...A REPORT ON THE OPERATIONS MANAGEMENT OF TOYOTA MOTOR CORPORATION BY TABLE OF CONTENTS Introduction 3 Open-system organziational theory and the Toyota production system 4 1 Requirements of Customers 6 1.1 Identify Customers 6 1.2 Achieve customer requirements with the use of appropriate resources 7 1.3 Achieve customer requirements within organizational constraints 8 2 Manage the Design and Process System 9 3 Control and implementation of projects 12 4 Monitoring and Evaluation Process 14 Summary 16 Recommendations and Conlusion 16 Introduction Operations management is a key sector of the business management process. Jeannet (2000:83)...
14 Pages(3500 words)Essay
Which of the current management challenges,globalization,managing adiverse workforse, technological innovation and ethics are likely to have the greast impact on Googles future operation
...Which of the current management challenges: globalization, managing a diverse workforce, technological innovation and ethics are likely to have the greatest impact on Google’s future operation? One strongly believes that since Google rose significantly to remarkable success due to technological innovation, this current management challenge would pose the greatest impact on sustaining and supporting leadership in Google’s future operation. The greatest challenge for Google is to keep being innovative, creative and proactive in their stance to defend their core competency and to maintain global leadership. Other facets that were mentioned such as...
1 Pages(250 words)Assignment
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 Managing Operation for FREE!
Contact Us