Question

In: Operations Management

QUESTION ONE Operations Management is one of the three major functions of any organisation. No organisation...

QUESTION ONE

Operations Management is one of the three major functions of any organisation. No organisation can do without the Operations function. It exists for manufacturing and service organisations as well as to profit and non-profit making organisations. It is such a costly part of an organisation but contribute to a large extent to the success of the organisation. However, organisations are impacted continuously by business pressures and these provide them with the biggest challenges. Organisations often look to the Operations functions to respond to the business pressures.
(a) Carry out a literature review on the Operations Management Function, indicating a definition of Operations Management, its importance to organisations and how it contributes to the success of the organisation.    (1500 Words: 30 marks)

(b) With reference to an industry you are familiar with, identify five business pressures impacting on the industry and discuss how these challenges can be addressed by the operations functions of the latter. (1000 Words: 20 marks)

Students are expected to critically analyse the various aspects and not just report passively and should include a small conclusion.

Solutions

Expert Solution

(A) Operations Management in short is dealing with a venture or an assembling unit or an assistance related work through planning,organizing and coordinating with the nature of the item or administration being the most ideal to the extent. Any occasion that we need to plan can be named as activity and to effectively lead and presume that occasion is identified with tasks the board for that occasion.

An assembling unit or setting up of a plant will require following:

a) Layout arranging of the plant (b) Getting subsidizing either value or obligation or both in certain proportion (c) Getting speculation requires venture outline and expected surge and inflow that is venture financing (d) Whether the assembling unit is close to the market or not (e) Whether the assembling unit is close to the crude material providers or not (f) Supply Chain the executives (f) Labor availibility (g) Machine and hardware (h) Contigency arranging (I) Warehouse (j) Inventory the executives (k) Quality administration (TQM) (l) ERP (j) Production Planning (k) Usage of Operation Research. Tasks the executives is engaged with every single step of the organization to coordinate, structure, convey and build up the whole unit and the item subsequently fabricated or administration therefore conveyed. Beginning from the thought for an item to setting up of the assembling unit with appropriately arranged design of the assembling unit requires a great deal of arranging and time which the tasks the executives does. The extent of activities the board includes (area Facilities (b) Plant format and dealing with material (c) Product structure (d) Process structure (f) Production arranging and control (g) Quality control (h) Materials Management (I) Maintenance the executives.

Office Location is chosen based (a) goal of office area choice (b) Factors liable for plant area choice (a) Primary Factors (b) Secondary elements.

There are techniques to choose plant area utilizing (a) Dimensional Method (b) Brown and Gibson's strategy (c) Location earn back the original investment examination

Office design is arranged dependent on (a) Purpose of office format (b) Objective of office design. There are different sorts of office format dependent on the need, item and utilization of machinary like (a) Product/Line Layout (b) Process/Funtional Layout (c) Group/Combined Layout (d) Fixed Position/Location Layout .Tasks the executives includes Enterprise Resource Planning (ERP) which is useful in overseeing whole work through a bundle. It includes (a) Supply Chain the board (b) Sales and showcasing (c) Purchase (d) Human asset (e) Inventory (f) Finance and Accounting

The creation arranging and control some portion of tasks the executives includes (a) Loading (b) Sequencing (c) Scheduling. The observing and controlling takes care of (a) Push and Pull control (b) Drum, Buffer and Rope strategies At that point it includes quality administration through (a) Statistical Quality control (b) Quality circles and (c) Total Quality administration through Kaizen, Benchmarking, Siz Sigma This is essentially what tasks the board comprise of and it tends to be construed how without all these comprising components an organization or an assembling unit can't consider producing what it needs to make. Every single detail is as significant as the segments comprising of activities the board. A vehicle producer can't fabricate vehicles if the format isn't legitimate and if there is an imperfection in the framework.

(B) Let us take a case of car producing unit to comprehend the utilization of Operations Management and the business pressure it alleviates from.

Five business pressures that a car industry face: (a) Competition (b) Raw Material (c) Quality (d) Supply Chain (e) Plant Layout Request depends on the what shoppers consider about a specific item and the producer. The buyer additionally observe the value the item separated from different things. There are a ton numerous assortments of traveler vehicles maker accessible today and purchaser searches for wellbeing and security part of the vehicle. The quality and crash test performed for a specific fragment of the vehicle shows whether the shopper will put it all on the line or now yet it isn't just about this component alone. Customers take a gander at different producers too and look at.

All out quality administration checks and reevaluates for any defect. We have known about Toyota and Honda reviewing their specific model of vehicle for flawed break or grip. These effects the organization just as that specific brand since it turns into a trust factor which gets hit. The buyer should think before purchasing in light of the fact that a flawed break will prompt mishap likely a significant one. The plant format is significant. A vehicle is made out of different segments like entryways, motor, shading, tires and so on. The plant design will choose and help the producer proficiently and adequately fulfill the objective and need through smooth procedure of assembling.

The inventory network is a significant part which helps satisfy the need. On the off chance that the production network is affected, at that point the stock continues heaping on and an additional weight of removal turns into a major difficulty for the producer. Crude materials on the off chance that not provided in time, at that point the plant sits inert prompting misfortunes and inertness of the work and plant. The providers of crude material for a vehicle industry is as significant as assembling of the item. The crude material provider should be made accomplices with the goal that they are not affected by the competitior of by the item request and start untrustworthy practices.

End:

The activities the executives is the foundation of an organization. The planning,directing and controlling is the foundation of the executives. on the off chance that the creation is affected contrarily, at that point activities the executives needs to perceive what is affecting it since it is the tasks the executives which helps the whole procedure of assembling to supply of item to the market to satisfy the need.


Related Solutions

Define and discuss the three major management functions involved in the operation of a manufacturing business...
Define and discuss the three major management functions involved in the operation of a manufacturing business and the role of the accounting department in assisting management in successfully performing the functions.
Which of the following is not considered to be major financial management functions?
Which of the following is not considered to be major financial management functions?  financial planning and analysis  asset management  raising funds  human capital management
Critically discuss the relationship between the three major functional areas (Operations Management, Finance and Marketing) within...
Critically discuss the relationship between the three major functional areas (Operations Management, Finance and Marketing) within any given organisation. What motivates the operations manager to maintain a sound interrelationship between these functional areas? Motivate your answer fully.
Propose ONE new strategic initiative for the organisation to implement. This initiative can be a major...
Propose ONE new strategic initiative for the organisation to implement. This initiative can be a major functional initiative, such as marketing, use of technology, product (service) innovation/development, and M&A. Describe its contents in details and justify why it is strategic.
Discuss five major differences in the management and operations at a Dump to those at a...
Discuss five major differences in the management and operations at a Dump to those at a Sanitary Landfill.        
Consider an IT organisation . There are two units in the organisation- Application Development and Management...
Consider an IT organisation . There are two units in the organisation- Application Development and Management Team and IT Operation Team . There exist two separate channels for the customers to communicate the organisation- one between the client and application development team for product creation and alteration and the other channel for the customer to communicate the IT operation team for operational issues . Are there any problems with this model ? If you want to set up the IT...
Identify and discuss any five (5) major functions performed by the financial system.
Identify and discuss any five (5) major functions performed by the financial system.
Outline the objectives and functions of file systems management and the supported operations, including their reliability...
Outline the objectives and functions of file systems management and the supported operations, including their reliability and performance. Contrast different directory structures and create unique diagrams to illustrate an example of each directory structure (similar to Figures 10.9, 10.10, 10.11, 10.12, and 10.13 in your textbook). Insert these images as nodes of your concept map. To create your diagrams, you can choose to use a graphics editing software (PowerPoint, Paint, PhotoShop, etc.), an online mapping software tool (draw.io (Links to...
For this project, you are to pick one of the concepts of Operations Management (inventory management,...
For this project, you are to pick one of the concepts of Operations Management (inventory management, quality management, capacity management, project management, etc.). After choosing your topic, develop a 7-10 minute PowerPoint presentation. In the presentation, discuss what the concept(s) is/are, why it is important in respect to operations management, and then apply it (either through your work experience, personal experience, or using a case study in the book or your research). So, if you were to pick inventory management,...
QUESTION 11 In any given year, one in three Americans over the age of 65 will...
QUESTION 11 In any given year, one in three Americans over the age of 65 will experience a fall.  If you have three living grandparents over the age of 65, and assuming that the probability of a fall for each grandparent is independent: What is the probability that none of the three grandparents will experience a fall?  Provide your answer as a decimal between 0 and 1. 4 points    QUESTION 12 What is the probability that one or more grandparents will...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT