Nobody downloaded yet

Managing Operation - Essay Example

Comments (0) Cite this document
Jeannet (2000:83) defines operations management as “the business management function that is concerned with the physical development or generation of a product or service.” Essentially, operations…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
Managing Operation
Read TextPreview

Extract of sample "Managing Operation"

Download file to see previous pages Toyota is a Japanese car manufacturing company and it is one of the leading companies in the global automobile industry, producing well known models such as Corolla, Camry 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 has moved onto become the leader in the global automobile industry.
By March 31 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).
The key objective of this paper will be to examine and evaluate how Toyota successfully manages key components of its operational management such as meeting customer requirements, improving product quality, effective implementation of projects as well as efficient monitoring and evaluation of completed projects.
The essay will utilise the open system organisational theory and how it is manifested in the Toyota Production System (TPS) to guide the operations of the company. Thereafter, the TPS will be utilised to highlight how Toyota manages the procedures associated with new product introduction and old product improvement as well as ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Managing Operation Essay Example | Topics and Well Written Essays - 3500 words - 2”, n.d.)
Retrieved from
(Managing Operation Essay Example | Topics and Well Written Essays - 3500 Words - 2)
“Managing Operation Essay Example | Topics and Well Written Essays - 3500 Words - 2”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


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


...?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


...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

...Contents page number Introduction 2 Background of Toyota Motor Corporation 2 Toyota Production System (TPS) 3 Customers’ requirement and customer relation management 5 Organizational constraints 7 Projects of Toyota 9 Monitoring and Evaluation 12 Summary 15 Recommendation and conclusion 16 References 18 Operational management-Toyota Introduction The analysis of production or manufacturing management brought about with it a new concept known as the Operations management. Operations management, like any other functions of an organization is also a distinct...
16 Pages(4000 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