Intro to Business Unit Four Business Operations Chapter 12 Small Business Management.
Operations Management in Business
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Transcript of Operations Management in Business
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OPERATIONS MANAGEMENT INBUSINESS
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Assignment
ON
OPERATIONS MANAGEMENT IN
BUSINESS
Submitted to:
(................................)
Submitted By:
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(...................................)
Table of Contents
Table of Contents...........................................................................................................3
Article I. 1. Executive Summary.....................................................................................4
Article II. 2. Introduction.................................................................................................4
Article III. 3. Scenario......................................................................................................4
Article IV. !1 T"E #AT$%E A#& SC'(E ') '(E%ATI'#A *A#A+E*E#T.......,
Article V. 1.1T"E I*('%TA#CE ') '(E%ATI'#A *A#A+E*E#T.......................,
Article VI. 1.2 T"E I*(%TA#CE ') T"E #EE& T' (%'&$CE SA)ET- '# TI*E
T' C'ST T' /$AIT- A#& 0IT"I# T"E A0..........................................................,
Article VII. 1.3 T"E I# ET0EE# '(E%ATI'#S *A#A+E*E#T A#&
ST%ATE+IC (A##I#+..................................................................................................
Article VIII. 1.4 T"E S-STE* &IA+%A* )'% T' I$ST%ATE A T-(ICA
$SI#ESS .......................................................................................................................
Article I5. !2 T"E I# ET0EE# '(E%ATI'#S *A#A+E*E#T A#&
ST%ATE+IC (A##I#+..................................................................................................
Article 5. 2.1 T"E %'E ') 67T"%EE ES89 :EC'#'*- E))ICIE#C- A#&
E))ECTIVE#ESS.............................................................................................................
Article 5I. 2.2 T"E TE#SI'# ET0EE# C'ST *I#I*ISATI'# A#& /$AIT-
*A5I*ISATI'#................................................................................................................;
Article 5II. 2.3 T"E EVA$ATI'# ') T"E I*('%TA#CE ') T"E )IVE
(E%)'%*A#CE '
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OPERATIONS MANAGEMENT IN
BUSINESS
Article I. 1. Executive Summary
This report illustrates the nature and importance of operational management, as
well as the need to produce safety, on time, to cost and to quality within the laws.
Moreover illustrates the link with strategic planning and diagram for to illustrate a
typical business. Besides that analyse the economy, efficiency and effectiveness
and cost minimization, further more evaluating the significance of performance
objectives that underpin operations management.
Article II. 2. Introduction
ll types of business such as profit making or non!profit making
organizations have processes. The process consists of input
resources and output products and services. To put in practice theprocess work, operation managers have to implement it through
certain devising strategy, designing processes and planning and
controlling processes. Besides that it has to improve, so it required a
common set of activities and it e"plains through the following
outcomes.
#$igel %lack, &'()*
Article III. 3. Scenario
Microsoft Corporation, the innovative and quality creator in information technology, still
competing with rivals with their innovation and quality with a vision to consistently
transformed the way that people live, work, play and connect through great technology and
changing world for better and driving and centre of tomorrows transformation.
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Article IV. L1 T!E "AT#$E A"% SC&'E &( &'E$ATI&"AL
)A"A*E)E"T
Refers to Gershon in Production and Operations Management, the two most obvious
functions are to provide the, product or service and to sell the product or service. Operations
management focuses on the function of providing the product or service. It is concerned with
the planning and controlling of all activities necessar for the provision of the firm!s product
or service. (Answers.com, 2013)
The nature of +perations Management refers the activities that produces and
deliver products and services. %o it is involved with the transformation to create
products and services. This indicates that it let business stay fresh and create
new products and services.
The scope of production and operations management involves with acquisition of
land, construction, procuring, installation, procurement of raw materials and
convert through production process to saleable products. This process
interconnected with quality management, maintenance management. roduction
control, quality management and work simplification.
Article V. 1.1T!E I)'&$TA"CE &( &'E$ATI&"AL )A"A*E)E"T
The operational management controlling the system of operations and it deals
with design, operation and improvement the system that creates and delivers the
primary products and services of an organization. +perational management is an
important functional area of any organization with clear management
responsibility. The operational management ensures the sustainability, efficiency
and effectiveness of the organization. The efficiency in human e"pertise and
inputs leads to ma"imisation of profit and share holders- value. t reduces the
cost of production and increased quality of products and services. t eliminates
wasting resources and let minimum resources to achieve ma"imum output.
Measures of effectiveness as well as efficiency results labour productivity/ yield,
capacity and it make ma"imum utilization of working capital and efficiency in
production systems. mproved productivity and service management generate
better service and satisfy customers and produce efficiency. Moreover the
efficient operational management creates strategically successful organizations.
Article VI. 1.2 T!E I)'$TA"CE &( T!E "EE% T& '$&%#CE
SA(ET+, &" TI)E, T& C&ST, T& -#ALIT+ A"% IT!I" T!E LA.
0efers to 1The %ale of 2oods ct (343-, all products must be5!
6it for purpose
Be a satisfactory quality and fit its description
6ulfil the purpose of the customers that lead to e"pect and lead the reason
that lead them to buy it
The customers purpose guaranteed by the retailer the purpose when it sold
f the product is not fit, the customers has right to get replaced or repaired
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The manufacturers and suppliers are liable to legal actions of harms caused to
customers and businesses of unintended side effects or failure, besides that the
manufacturing systems must suits with environmental law. %o it is important to
maintain best practices all stages of design, production, supply and disposal.
n 78 and member states the 197- Mark guarantees manufacturers claim that the
product meet the safety requirements set out in relevant 7uropean :irectives.
There are 0egulations for manufacturers and re!tailors.
(. The yrotechnic rticles #%afety* 0egulation &'('
&. 9osmetic roducts %afety 0egulations &'';
). 9hildren-s roducts! Toys #%afety* 0egulations ct (33