Nobody downloaded yet

Operation Managment - Case Study Example

Comments (0) Cite this document
Summary
Attaining operational excellence is critical for any business as organisations cannot afford to have quality issues, high cost operations or even long market cycles (Oracle 3). Notably, one of the core advantages that businesses often attain to achieve is effective inventory…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.3% of users find it useful
Operation Managment case study
Read TextPreview

Extract of sample "Operation Managment"

Download file to see previous pages In deed Lee (1) points out that the key differentiator between poor performing and high performing companies is the ability to increase inventory turns.
Inventory management can be a daunting task for a mass retailing business with hundreds of products coming from a wide array of suppliers. Such a challenge can be even greater when the suppliers are located in different echelons of the organisation’s distribution network. Usually, most retail chains often use central distribution centres which source products from the suppliers and distribute them to the retail stores. Though this proves effective in most cases, if not well managed and executed, it may result to excess inventory in terms of redundant safety stock, stock outs, and product allocations that are not optimal (Lee 2). This paper analyses LuLu’s hypermarket’s inventory management to identify a weakness and propose a re-engineered improved operation.
LuLu Group operates some of the biggest and well performing hypermarkets, Lulu Express and shopping malls in the United Arabs Emirates and in other cities within the Gulf region (Retail Business Review 1). The hypermarkets which are the retailing division of EMKE Group, a multinational company dealing in a wide array of sectors, prides itself in providing high quality consumer merchandise across the Gulf region through its 103 stores. Like any other mass merchandising store, LuLu hypermarkets offers a wide array of consumer goods and services under one roof (LuLu Hypermarkets 1; Hemalatha and Sivakumar 52).
LuLu hypermarkets deal in a wide array of products ranging from grocery products, apparel products, baby products, cleaning products, beverages, health and beauty aids, electronic products, pet supplies, seasonal merchandise, home furnishings and home decor, kitchen appliances, tools and power equipment, office supplies, outdoor living, gardening products, as well as footwear. All these products are from a wide array of brands, in different ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Operation Managment case study Example | Topics and Well Written Essays - 3250 words”, n.d.)
Operation Managment case study Example | Topics and Well Written Essays - 3250 words. Retrieved from https://studentshare.org/miscellaneous/1599756-operation-managment-case-study
(Operation Managment Case Study Example | Topics and Well Written Essays - 3250 Words)
Operation Managment Case Study Example | Topics and Well Written Essays - 3250 Words. https://studentshare.org/miscellaneous/1599756-operation-managment-case-study.
“Operation Managment Case Study Example | Topics and Well Written Essays - 3250 Words”, n.d. https://studentshare.org/miscellaneous/1599756-operation-managment-case-study.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Operation Managment case study

Strategic Managment Case Study

...? Jamba Juice Strategic Managment Case Study Question Jamba’s core competencies and reasons for the identified choices in accordance to the company’s strategic decisions The company has an advantage over its competitors since the Californian society recognizes the brand for its healthy ingredients. The CEO would be acquiring competent by ensuring that the consumers accrue the outlined product benefits after every purchase and consumption of the company’s juices. Since Jamba in the past has adapted a different packaging method, it would be ideal for the company to identify the ill issues that led to the discourse and lack of the product’s success in the market. Arguably, Jamba juice has...
6 Pages(1500 words)Case Study

Managment Case Study

...CASE STUDY REVIEW AND REPORT Introduction: The given case study explains how James Hoogan who was appointed Chief Executive Officer of Gulf Air in 2002, at a time when the airline was facing irreversible losses and was on the verge of ruin, turned the floundering airline around into one of the most competitive companies of the Middle East. The strategy employed by him to turn the company around was to change the corporate and work culture giving the workforce a completely new direction, a new set of operative values to work for. He completely discarded the old modes of operation as they had become redundant; he identified new values on which to base operations. These new values were identified by him as they were in keeping... leading to...
6 Pages(1500 words)Case Study

Operation Management Case Study

...is the carrying cost (C) which is the cost of the items held in inventory. The reason why EOQ is so popular is that (with few exceptions) the model always works. If there are no savings an error in the calculations may have occurred or the model does not fit the case. Another instance that will affect the EOQ is if a discount is offered. A discount will cause the basic EOQ model to fail. To use a discount in determining a EOQ you must use the EOQ model with quantity discounts. Http://www.acm.ndsu.nodak.edu/slator/restaurant/questions/ques.html). As an example of how EOQ works for a soft drink bottling company the following scenario is presented. The production manager must first...
8 Pages(2000 words)Case Study

Operation managment (Exercises)

...the greatest advantage over the seasonally adjusted forecast. It is therefore recommended that Great Northwest Outdoor Company should adopt this modification of its existing forecasting technique. Portfolio Exercise 3 Professional Video Management Resource management plays a vital role in most organizations. In the area of manufacturing and production, these resources include the raw materials needed to create their output. The proper management of these materials can actually pay a role in reducing the overall costs of the company. With raw materials, it is usually necessary to have some form of inventory. This is particularly true in the case wherein every order is...
18 Pages(4500 words)Essay

Operation Managment

...I. The impetus for the application of management science to the problems of New York What types of problems were addressed? What management science techniques were applied in each case? As new technologies had been developed during the 1960s, the question of using the same quantitative methods that brought man to the moon in solving the social problems of the country had become a thought of consideration. Application of management science had been triggered by the increasing number of crimes and emergency cases, with restriction on resources. The usual types of problems that were addressed include emergency services such as fire, police and ambulance...
4 Pages(1000 words)Essay

Operation managment exam(singapore airline case study)

...Singapore Airlines Table of Contents Singapore Airlines Table of Contents 2 Complaint Management Process in Singapore Airlines 3 Value Innovation and Blue Ocean Strategy 4 Reference 6 Complaint Management Process in Singapore Airlines A number of organizations utilize their complaint management system only as to solve the issues related to employee grievance and in turn they attain consumer satisfaction. However they do not make use of the same for enhancing their services or products. While complaint management needs to be a part of the continual enhancement of operational process, the organizations use it exclusively to satisfy the consumers....
4 Pages(1000 words)Essay

Operation managment

...Operations Management: A comparison of the overall Strategy and especially the Operations Strategy of Boeing and Airbus Subject code: Date of submission: Introduction In the last half a century, Airbus and Boeing Company have been the major player in the aircraft industry manufacturing. During this period, Boeing Company has undertaken major fundamental organizational transformation in an attempt to stamp its authority beyond just manufacturing to a major planning of a broadly outsourced supply chain. The process of transformation has been an uphill task and with its new role as a planner, the company met numerous challenges leading to general delays in the completion of its Boeing 787 Dream liner resulting into huge financial... distance...
5 Pages(1250 words)Assignment

Production and operation managment

..., Martin K. Starr’s book provides a reflection on a sea of change that occurs in the current working places. In this regard, the new role of the P/OM is to engage in partnership with the company executives into influencing on the integration of the decisions involving all functional areas within an organization (Starr 69). A production manager in the sandwiches production at home serves the similar role of running a small-scale business operation. In this case, the manager’s role would involve filling the pivotal role of the business that entails planning, overseeing operations, and coordination through smooth communications. The first role as a...
9 Pages(2250 words)Book Report/Review

Operation Management Case Study

...OPERATION MANAGEMENT CASE STUDY By Operation Management Case Study Introduction The paper evaluates the operation management problems experienced under the case study of the Seven Hills Hotel. In this case, the client to the organizing and events planning company, Global Events, is Glo-Tech, a global multinational specializing in high-end technology. As such, Glo-Tech contracted Global events to organize for it conference facilities for its global delegates who were coming for an event hosted by the company in Rome, Italy. The expected number of guests provided by Glo-Tech was 550 delegates, of whom 260 came along with their partners. Consequently, the total number of clients that the Seven Hills Hotel had to attend to during... the...
8 Pages(2000 words)Essay

Operation Management Case Study

...Cold Rolled Milling Operations BlueScope (Lysaght) Steel Industry Australia. An effective supply chain management defines the success of any organization. It entails the organization of activities, human personnel, resources and information of services and products to the consumers from the supplier. In addition, a supply chain incorporates the transfer of raw materials from the point of production to the processing point. Due to the principle of “survival for the fittest”, an organization requires to organize its resources, personnel and information effective to remain competitive in the market. An organization also requires to diversify its supply chain processes with the changing dynamics of the market. This includes redefining... is its...
4 Pages(1000 words)Case Study
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 Case Study on topic Operation Managment case study for FREE!

Contact Us