StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Production and Operations Management - Essay Example

Cite this document
Summary
RUNNING HEAD: PRODUCTION AND OPERATIONS MANAGEMENT :( First, Middle, Last) Admission Number: Title: Institution: Instructor/Lecturer: (Dd, mm, yyyy) Table of Contents Table of Contents 2 General benefits of Operation and Supply strategy in Industry 3 How Operation and Supply strategy in industry affects the customer service 4 Background and Objectives 4 Structural decision areas entail: 5 Some of the important factors in which it helps customers in business 6 References 6 General benefits of Operation and Supply strategy in Industry Operation and supply strategies within a business organization are significantly the way that organization see…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
Production and Operations Management
Read Text Preview

Extract of sample "Production and Operations Management"

Download file to see previous pages

There are generally five operation and supply performance objectives. These are: i. Cost: this is the ability of organization to produce at the minimum cost. ii. Quality: the organization’s capability to produce depending on its specifications without any error. iii. Speed: the ability of doing things rapidly in response to customers’ requirements and demands hence giving short lead times amidst when customers order product or services and the time they receive them. iv. Dependability: the ability of delivering products and services depending on promises conducted on customers.

For instance in the quotation or any other published information. v. Flexibility: the ability of changing operations. . That statement shows organization’s aspirations and values, hence the primary purpose and reason for its existence. Founded on the mission statement, those organizations formulate its business plan. The plan of that organization is a permanent to accomplish the mission set forth within its mission statement. Every function in that business may then derive its own plan to support the organization’s entire business strategy (Slack & Lewis, 2002).

Mills (2002), operation and Supply strategy of an organization is thus the mutual concrete actions taken, mandated and stimulated within that organization’s strategy. This is implemented in that organization’s operation function. The operations plan brings together several operations actions and decisions into an interrelated persistent response into competitive forces. These are connected into organization’s programs, policies, actions and systems to a systematic reaction into the competitive priorities communicated and chosen by the business or corporate plan.

Thus, the Operation and Supply strategy specifies the manner in which an organization lays its operation capabilities in support of the business strategies. How Operation and Supply strategy in industry affects the customer service Background and Objectives Operation and Supply strategy describes the certain kinds of value that organization delivers to its customers. It recognizes the business units to be involved in that organization. The organization unit strategy identifies capabilities, priorities and resource deployments required in support of that business strategy within the associated value proposition.

All the levels of strategic

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Production and Operations Management Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/management/1442467-production-and-operations-management
(Production and Operations Management Essay Example | Topics and Well Written Essays - 750 Words)
https://studentshare.org/management/1442467-production-and-operations-management.
“Production and Operations Management Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/management/1442467-production-and-operations-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Production and Operations Management

Globalization of production and operations management

Globalization of Production and Operations Management The technological advancements and innovations have brought great prospects and surplus in the business arena; be it computers, control system setups, or telecommunication setups.... hellip; The use of these innovations has made mass collection, manufacturing, generation, production, dissemination and diffusion possible (Miozzo & Soete, pp.... However, the technological innovations have an equally negative impact as they create a complex system dependable on modern machineries, which are human made and can go at fault any time and can put million of dollars of information or production at stake....
4 Pages (1000 words) Term Paper

Production and Operations Management

Production and Operations Management The relationship between the retail price of gasoline and global crude oil demand Crude oil is the primary raw material used in the manufacture of gasoline.... The management should go through their overall costs and decide on what to trim out for example, it can relocate its office from a high-rent district to a low-rent district.... Strategies for maintaining price at the pump without losing profits If the global crude production decreased by 10%, oil companies would face the risk of making losses if they maintained their pump prices....
5 Pages (1250 words) Essay

Production and Operations Management (Case Study on Renewable Energy Technologies Implementation)

Implementation of renewable energy technologies by many NGOs has faced numerous barriers.... The case study aimed at strengthening NGOs capacity for feasibility analysis and RETs project implementation.... By bringing out RETs barriers experiences and measures of removal for propagation for others to gain from gained knowledge is achieved....
3 Pages (750 words) Essay

A Linear Programming

"Production and Operations Management" p.... "Production and Operations Management".... "Production and Operations Management".... "Production and Operations Management".... "Production and Operations Management".... "Production and Operations Management".... Linear Programming is an essential decision making tool in production and Operation Management.... Since the problem involves a production and distribution system, use of the Transportation Method in Linear Programming is the best way to solve this....
4 Pages (1000 words) Math Problem

Using Teams in Production and Operations Management

It is also needed since if for example conducting a research about fraud, the forensic accountant should be able to find all the information about the auditors of the company, the management and all other people concerned with the financial matters of the company.... This skill is very important in business operations because, fraud in a company is usually carried out by highly qualified people and thus they will use all ways to hide this fraud....
5 Pages (1250 words) Essay

Production and Operations Management in Williamsons Joinery

This report “Production and Operations Management in Williamson's Joinery and Furniture” covers the overall performance of the company in the way it produces its goods including its operational process, as well as identification of the problems that the company is facing.... hellip; The author provides analysis using various concepts of production and operation management to understand the effect of wrong management and the problems that the happen causing a huge impact on the whole operation of the company....
10 Pages (2500 words) Essay

The Production and Operations Management

As far as the timelines factor is concerned, it can be stated that effective Production and Operations Management enables to maintain a constant pace within the production process and thus saves a whole lot of time.... hellip; operations management within the automotive industry can be described as all the functions and activities associated with the effective utilization of raw materials for carrying out the manufacturing and the maintenance processes.... In contrast to production management, which focuses on profitability earning, the operations management provides value to the manufacturing companies in terms of cost-cutting....
10 Pages (2500 words) Assignment

Management Of Production And Operations: How Pepsi Company Executes the Productions and Operations

In this paper, the author examines what is Production and Operations Management and how it is carried out successfully by some of the giant companies like Pepsi etc.... The author presents a framework for Production and Operations Management and spotlight backing material  … Supply chain management is another important aspect of the success of a company and this has been proved by major giants like Pepsi, coca cola etc.... In reality, Production and Operations Management is the alteration of production and operational inputs into outputs which meets the various requirements of consumers....
8 Pages (2000 words) Term Paper
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.
Contact Us