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Introduction operations management
3 concepts of operations management
Introduction operations management
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What is Operations Management? Operations Management is a very important role in any business, company, and corporation. It creates goods and services that can be sold to make profit. There are many resources that involve the process of Operations such as employees, facilities, inventory, and time. Operations Management is important because it helps make profit if the resources are used properly. Operations Management explores the way organizations produce and distribute goods and services. It focuses on organizing a process of what they are working on or distributing.
Adding on to Operations Management, Operations Managers play a huge role in the management process. The whole Operations Management process is run by the Operations Managers. An Operations Manager manages the production of goods and services. They focus on making sure the organization is running effectively and that the goods and services they produce satisfy the clients’ needs. Operations Managers have to monitor processes and analyze if everything is working smoothly. They have to create strategies to improve the productivity and deal with employees. Most Importantly Operations Managers are responsible for critical activities such as managing materials, capacity planning, purchasing, scheduling, and mainly quality management.
Forecasting is another important role an Operations Manager has to take care of. It helps develop plans and reduce problems in the future. Managers always want to match supply with demand, in order to do that it is important for them to forecast how much space they need for supply to each demand. Elements of good forecasting includes time, accuracy, reliability, meaningful units meaning how many dollars will be needed for the production...
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...ifferent kind of roles fits under operations management. Like I have mentioned before all the departments ties into one somehow. An Operations Manager has to work with a lot such as decision-making, planning, forecasting, managing employees, supply chain management, and much more. Operations Management is a value creation process and systematic approach to transform input into useful revenue generating output.
Operations Managements goal is to successfully deliver a service or product. It doesn’t look that easy, they have to work with products, technology, supply chain, geography, and constraints. They also have to look at different conditions such as quality, safety, health, environment, cost, regulations, and value systems. Operations manager is one of the most important role in any organizations. They don’t just focus on one thing but also many other roles.
Operations management is essential for the survival and success of any organization. According to Heizer & Render (2011), operations management (OM) is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. Operations managers today contend with competition, globalization, inflation, consumer demand, and consistent change in technology. Managers must focus on the efficiency and effectiveness of processes such as cost, dependability, distribution, flexibility, and speed. The intent of this paper is to discuss the processes and operations management of the Kroger Company.
Operations Management Process is the central arteries within the organization because it produces the planning process for goods and services, which are its reason for existent. Operations management is linked to all organizations as every organization is producing either a product or a service. However, it cannot be said to be the most important function since there are other functional areas and boundaries within an organization. In today's fast changing world, organizations have to have a tendency towards being efficient, effective and innovative to the changing environment to succeed. Operations Management has to use metrics in order for them to accomplish their task and be successful with minimal interruptions within the organization.
Imagine the reaction of a couple who received a chilling prophecy from an oracle who declared that their infant was destined to kill his father and marry his mother. Would it be reasonable for a couple murder their child, because of a frightening prophecy? Modern society would be aghast at this disgusting choice, but unfortunately Oedipus’s parents abandoned him, where he was saved by the mercy of others. Fate was against Oedipus, and he inadvertently created a domino effect of tragic choices that would make his parent’s prophecy a reality. Oedipus fled Corinth leading him to kill a disrespectful stranger. He solved the Sphinx’s riddle which gave him kingship and the queen of Thebes. Oedipus went from death row to royalty temporarily, but he would discover a truth that would ruin his life. This idea of fate was conflicted with the Oedipus complex as believed by film producer Pasolini and author Freud who believed that Oedipus’s actions were a result of a sexual bond with his mother. They believed that this sexual bond was the underlying factor that led Oedipus to kill his father Laius and marry his mother Jocasta. To affirm their beliefs, Pasolini changed several scenes from the original play in his film Oedipus Rex, and intertwined the scenes with multiple Freudian theories to construct that Oedipus desired Oedipus complex. However, if Oedipus really wanted to marry his mother and murder his father, then why would he flee Thebes? Why would he blind himself if he received what he desired? An oracle told Oedipus he was fated to commit murder which caused Oedipus to flee Corinth with the intent to avoid this fate, which unfortunately backfired. Oedipus Tyrannous is a play that features a hero’s attempt to deny fate until he has no ...
-Management is responsible for organizing the elements of productive enterprise which are material, money, and people interested in economic.
Management experience will also play a large role in the success of the forecast. The current team is quite new and will gain some needed experience over the next year in the hopes of staying on track for success. The ability of management to ensure product is readily available for the client, their training techniques with new and seasoned associates, and general management style will ensure success or spell defeat for the store.
Operations management focuses on carefully managing the processes to reduce and distribute products and services. Related activities include managing purchases, inventory control, quality control, storages, logistics and evaluations. A great deal of focus is on efficiency and effectiveness of processes. Therefore, operations management often includes substantial measurement and analysis of internal processes. Ultimately, the nature of how the operations management is carried out in an organisation depends very much on the nature of products or services in the organisation, for example, retail, manufacturing, wholesale and etcetera.
Operations management strategies play an important role in any organization to achieve organizational goals. An organization uses these operations strategies to maintain and control all its operations...
Draw on appropriate Operations Management theory, concepts and frameworks to examine how your organization, or an organization with which you are familiar, reconciles capacity and demand.
In every organization, different operational functions exist to ensure the smooth learning of the organization. In order for an individual to have the knowhow on how to operate the functions delegated to them they must have implicit knowledge on the functionalities themselves. Understanding markets, customers and the company goals has always proven to be a core starting point for individuals who ply their trade in the organization. The essence of the skills is evident in globalization, cooperate social responsibility and risk management issues. In operations management, the basic principles of operations should be followed to ensure that the profitability of the organization ensures the operation of the organization is
Operational planning is what drives strategic planning goals to a success. On a day to day basis, operational plans are being communicated and decisions are being made. Operational planning is important because it leads to the goals and visions of the organization and by doing that, operational plans must be made daily to keep the organization competitive in the market. Friend & Zehle (2004) discuss operational plans central to the allocation of resources, it uses inputs to scale operations in order to deliver information about all stages of the primary value chain activies and the support of those activities. Without operational plans, an organization would have no way to reach its goals that were set. The market is changing constantly and operational plans help keep organizations making effective
Once plans have been developed, an organization must address how management will be accomplishing be those plans. This involves operational plans that must flow from strategy; specify resource, time issues, and commitment of human resources. Operational plans at the lower - levels of the organization, have a shorter time horizon, and are narrower in scope (Bateman, Snell 2003 p.113). A good example of this is Wal-Mart's main strategic goal. It is to provide quality merchandise at an affordable low cost to consumers. Its operational goals focus on efficient logistics requiring technology and inventory management systems to help reduce costs so it can be passed on to the customer. Operational plans are derived from a tactical plan and are aimed at achieving one or more operational goals (Bateman, Snell 2003 p.113).
According to Aquilano, Chase, and Jacobs (2005), "Operations management (OM) is defined as the design, operation, and improvement of the systems that create and deliver the firm's primary products and services" (p.19).
These tools are important for every business in order to achieve the organization' goals in an efficient manner. One of these important concepts is understanding the organization's demand and measure it using price elasticity of demand. One of the essential tools used in managerial decision-making is forecasting. Forecasting is a method used to predict the future aspects of business. This is important since it allows the firm to manage
Organizing involves determining the tasks to be done, which will do them, and how those tasks will be managed and coordinated. Managers of an organization have to put a work team together so that proper information, resources, and tasks can flow properly and efficiently in an organization.
In order to achieve the goals of the organisation, managers have to set goals and developed a workable plan to complete the goals. Organising is one of the processes to organise people, activities and other resource in a logical way (Davidson 2009). Through the organising