Thursday, December 19, 2019

Operations Management and the Importance of...

Introduction Operations management is the department responsible for overseeing the transformation process through which company resources (e.g. land, labor, capital, and/or customers) are converted into goods and services. It is the operation managers responsibility to ensure that products being manufactured meet specifications of quality and design, that they are produced according to schedule, and that this done at minimum cost to the company. The magnitude of this task requires that the operations manager stay in constant communication with numerous other functional departments of an organization. There are six critical phases of production for which operations management is responsible: (1) service or product design, (2) product†¦show more content†¦At this stage the company must decide how they define quality, or rather what their quality standards will be. The level of quality is greatly dependent upon the marketing segment being targeted. For example, a segment that is very price sensitive is not likely to make purchases with a high concern for quality. Therefore, the company may choose to manufacture a product with less expensive materials. However, it is generally more profitable to offer higher-quality products since they can justifiably be sold at higher prices. Total quality management (TQM) is a system that attempts to achieve zero-defects in its products from production design all the way through the production process. The idea behind TQM is that the company will save more time and money (both critical resources) by creating a high quality product and not having to concern themselves with repair, warranties, returned products, discounts, recalls, and other poor quality induced costs. Prevention costsÂâ€"such as quality inspections, higher cost materials, effective machinery and production processesÂâ€"are generally less than the accumulated costs to the company resulting from a poor quality product. Quality management, therefore, begins with product design and continues into production planning. After determining what the quality standards for the company are, the operations manager must address two essential questions regarding production orShow MoreRelatedOrganizational Development Strategies Interventions At The Franklin Company764 Words   |  4 Pageshow to fix things. No matter what level of professionalism is involved, conflict is inevitable. For example, there are several issues that hinders the departments communication, collaboration and trust. In order to implement change, all three key element need to be present but they are often hidden. After the meeting with the management team, a OD practitioner decision was made to plan and implement structural, technological and behavioral strategies to improve the condition and functioning of theRead MoreBeing A Student Of Hospitality Management1338 Words   |  6 PagesIntroduction Being a student of Hospitality Management, I have been asked to write an assignment about, accommodation and front-office services in different organisation within the hospitality industry. I will analyse the role and responsibilities of staff and how it is impact the effective management and operational issues effecting to the accommodation and front-office services. I have selected a †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Accommodation The term usually refers to a place that offers sleeping facilities for travellersRead MoreBeing A Student Of Hospitality Management1338 Words   |  6 PagesIntroduction Being a student of Hospitality Management, I have been asked to write an assignment about, accommodation and front-office services in different organisation within the hospitality industry. I will analyse the role and responsibilities of staff and how it is impact the effective management and operational issues effecting to the accommodation and front-office services. I have selected a †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Accommodation The term usually refers to a place that offers sleeping facilities for travellersRead MoreCorporate Communication. Employee Communication (In-Depth1642 Words   |  7 PagesCORPORATE COMMUNICATION Employee Communication (In-Depth Approach) By DeVille A. Brown, Sr. As an asset manager for Canadian National (CN) Railway, we are classified as back office personnel. This means that any part of the railroad operation that does not require you to physically work on an asset to repair. These responsibilities include tracking costs, work repairs, repair times, age of an asset, movement of an asset, and others functions. A large portion of your work day revolves around fieldingRead MoreOrganizational Culture : Employee Growth Or Over Dependency?1532 Words   |  7 Pagesamount of work required to implement change in the short term. A rapidly evolving external environment means organisations have to adapt their cultural practices to keep up with socio-political reform, legislation, competitive innovation and new management best practices preferred by the labor market. Socio-political issues have become a major staple in society, heavily contributing to the public perception of an organization. This in turn, can have dire consequences on an organizat ion’s recruitmentRead MoreJob Descriptions1311 Words   |  6 Pagesimproving committee effectiveness? They are having competent members, having committee properly charged, selecting or electing a competent chairperson, and recognizing/rewarding committee accomplishments. 3. Name the steps in the personnel management process. How does each step relate to the other steps? They are staffing, human resource planning, and auditing human resources. Each step is responsible for the success or failure of the next step. 4. Distinguish between job descriptionRead MoreOverview Of Kudlers Management Essay example1352 Words   |  6 Pagesthat has managed to expand its operation from one location to three locations in less than four years (La Jolla, Del Mar, and Encinitas). The company specializes in gourmet foods, fine wines, and cheeses. This paper will underline Kudler’s management, and explain how technology and the Internet are used and have impacted the organization. From Kudler’s revision, this paper will also identify examples of the five forces of Porter’s Model. Overview of Management - Kudlers Fine Foods â€Å"SuccessfulRead MorePlanning and Control1461 Words   |  6 PagesThe Planning Process 5 3. Controlling the Management Process 6 3.1 Steps in Control 6 3.2 Areas of Control 7 3.3 Characteristics of Control 7 4. Conclusion 8 Reference 1. Introduction Of the four fundamental tasks of management I have chosen to discuss the first and forth steps of management which are Planning and Controlling the management process. Planning is the basis for the rest of the management functions. The two core components in the planningRead MoreBusiness Communication Case Study Report2028 Words   |  9 PagesBallance Street Wellington (09) 489 6339 ext 679 jkwintle@gmail.com 26 August 2013 Les Dewitt Chief Executive Officer EarthPrime Incorporated Wellington Dear Mr Dewitt: RE: EarthPrime Communications Report Following the request from Les Dewitt for analysis regarding the issues of communication present within the EarthPrime organisation, this report has been created to identify areas of concern, and to suggest possible courses of action to improve the current situation. If there is anythingRead MoreChilean Culture1151 Words   |  5 PagesChilean to trust another individual despite their race, sex or origin. Teamwork remains a mission in process in Chile. GLOBAL MULTI PRODUCTS ? CHILE Operations began in 1976, with an initial investment of U.S. $ 2 million. Supplies included various manufacturing and service industries such as the health and first aid, electrical, mining and communications to name but a few. Global Multi Products is best known for its innovative capacity and incorporation for technology. Then again, internally is this

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.