Operations Management
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
Table of Contents
Table of Contents ....................................................................................................................................... 2
INTRODUCTION ..................................................................................................................................... 3
TASK 1 ...................................................................................................................................................... 3
TASK 2 ...................................................................................................................................................... 8
4.3) Approaches can be used for project management and quality control .................................... 12
CONCLUSION ........................................................................................................................................ 12
REFERENCES ........................................................................................................................................ 15
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
INTRODUCTION
Operation management can be defined as an area of management which is usually
concerned with designing and controlling process of production and also in redesigning business
operations in production of goods and services. This process is concerned with planning,
organizing and supervising in context of production and manufacturing or provision of services
(Griffin, 2013). The organization undertaken for this report is Global Leisure Furniture Company
which is a leading and established supplier of chair components and leisure furniture to office
and contract market. This present report is based on understanding the nature and importance of
operational management and also the link between operations management and strategic
planning. This report also focuses on relevant technique to production of operational plan for
organization.
TASK 1
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
ensures that organization make profit. If customers demands are fulfilled than business will be
able to began and increase its sales and also will be able to maximize their profits. Decision
having major impact on both cost of producing products and also how well the product are
produced and delivered which have a major impact on revenue (Brown, Bessant and Lamming,
2013). Global leisure company uses operation management to ensure efficiency and
effectiveness in the organization. Organization must also ensure that they are working well
within the time and able to produce best quality of goods. Producing on time gives Global leisure
company several advantages. This will give them more opportunity to attract their target market
and also will be able to identify their strength and weakness, they can further go ahead of
competitors by making improvements where needed (Becker, Kugeler and Rosemann, 2013).
help@instantessaywriting.com
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
1.2) Analyzing operation function
Operational function will bring together the raw material with production to make a
perfect product which customer requires. This function helps Global leisure company to improve
its processes and achieve cost savings. It is essential for Global leisure to have right people in
place in order to achieve competent advantage over other rival firms. Organization aim is to
develop high performance team who will work within a culture of continuous improvement.
Employees in Global leisure have opportunity to contribute their ideas in order to achieve results.
Operational manager have to understand that what the overall objectives of the operations
are. These objectives focus on major areas and are listed as quality, speed, dependability,
flexibility and cost. Global leisure company have to purchase woods and fabrics of high quality
for making attractive and delightful furniture (La Rosa and et.al., 2011). Hiring employees and
train them to prepare attractive designs, shades, structure which attracts consumers to buy them.
Location and layout of furniture factory plays a crucial role as global leisure company need to
satisfy their employees demands too. Organization must be easy to reach with low convenience
fare. Operational function is also vital as business are able to produce safely; to cost; to quality;
on time within the law framed by government. Producing things on time give Global leisure
company several advantage as this will give opportunity to organization to attract their target
market and also they can easily identify their strength and weakness in order to gain competitive
advantage (Ramezani, Bashiri and Tavakkoli-Moghaddam, 2013). Organization need to also
ensure that they are able to save unnecessary and unexpected cost and also making use of their
resources in production of final goods and services. This might further help organization to save
their money and control their expenditure and make efficient and effective use of it.
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
Global Leisure Company focusing on contributing their Capital, Material and Labor which will
lead organization to transportation storage and inspection of all the raw materials. This process
will further help the furniture company for providing facilitating goods to consumers. This will
help mentioned company to increase more of the revenue and productivity.
Economy- it means minimizing cost or resources (i.e. doing things at low price), reducing
cost of inputs
Efficiency- performing and doing task with reasonable efforts (i.e. doing things in right
way), right effort allocation
Effectiveness- degree or level to which objectives are met (i.e. doing things right),
achieving goals to satisfy organizational needs
Global leisure company following policy of value driven profit. It means that the
organization is providing right product with right amount of quality and also the price of product
matching with the market expectations (Grant, 2012). Economy for Global leisure company
covers the financial side on which target is achieved and it is a fundamental way to balance the
sue of resources to achieve right goals at reasonable price. Efficiency on the other hand for
organization shows the right use of all the resources to accomplish goals and objectives.
Efficiency in an organization can be measured by acknowledging process to complete a task and
allocating right amount of resources. Furthermore, effectiveness of Global leisure company is
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
maintained on basis of achievement of organizational goals. For this, directors and senior
executives are in charge to meet such criteria.
help@instantessaywriting.com
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
and another benefit is to have higher profit margin, reinforced cash flow and high operating
profits.
Cost- Cost is the ability of organization to produce at minimum cost. This strategy helps
company to achieve the economic strength. Cutting cost of less demanding furniture can
let organization to clear its stock.
Quality- Quality means producing goods with specification and without any error or
mistake. Quality is considered as key foundation of any manufacturing business as it
makes goodwill of the firm. Global leisure company have to provide quality of product to
their customers in order to achieve their objectives and keep them happy (Zareei and
et.al., 2011).
Speed- Super fast turn around in terms of profit is considered as differentiator which
separate organization from their competitors. In order to have a speed advantage, Global
leisure company have to look at internal chain to increase efficiency
Toll Free No:+1 213-929-5632
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
Flexibility- Flexibility in an organization requires balancing proficiency to ensure orders
and customer requirements with same level of efficiency. It is considered as ability to
change operations and it constitutes: Ability to change value of production, time taken in
production, introducing and innovating new products.
Dependability- Global leisure company have to stand on promises which are made with
customers as it is a important factor that customers are happy and trusting the3 company
(Scheer, 2012). Dependability is the capability to deliver product and services in
agreement with promises made with customers.
TASK 2
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
It helps in identifying and highlighting constriction point in the production process.
It helps in providing better tools and formulas for changing the organizational conditions.
help@instantessaywriting.com
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
diagram (Jiang and et.al., 2012). As stated above, as it is a longest path, it identify duration of
project simultaneously with finish and start dates of the project. Some important points of CPA
is:
It shows the activities which are completed and activities which can take place only for
once.
CPA tries to set out individual activities which makes larger project.
Using this tool Global leisure company might ensure that production is completed as
soon as possible and have used resources as efficiently as possible. It also depend upon
information so used to compete the task (Van De Voorde,, Paauwe and Van Veldhoven, 2012).
Moreover, CPA need effective planning so tasks in Global leisure company runs smoothly. After
forming networks and making approximate and initial calculations, progress of particular task
can be examined and also whole network updates as work progress ensures that project
completions is not been delayed. Further advantage of this analysis is that it helps in recognizing
base time duration to finish a task for an organization (Critical Path Analysis. 2015).
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
operation so as to satisfy consumers needs and demands. This technique is concerned with
reconciliation between what operation resource can deliver and what consumer market requires.
In Global leisure company, employees plays a crucial role as they provide direct service to their
customers. Furniture which is so manufactured are puted in showroom. The staff so recruited by
organization helps customers who come in and have a direct communication with them and
ensures that there demands are satisfied (Beattie and Reader, 2013). Management team of Global
leisure company ensures that they regularly receive feedback from their customers and any
complaint regarding services sudden improvements have to be made.
Furthermore, long term planning involves factors such as fixed product and capacity
planning. These long term decisions might affect Global leisure company in long run process.
Product forecasting, scheduling operations and inventory management constitutes part of short
and medium term planning. Operational manager organists operation functions by assigning
responsibilities and creating various structures (Turner, 2014). Control makes the adjustments
which allow the operation to achieve the objectives that the plan has set, even when the
assumptions on which the plan was based do not hold true.
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
business produces furniture products such as office furniture that assists them to manufacture the
final products effective to attract customers. Moreover, mentioned company is focusing on five
crucial factors like cost, quality, speed, flexibility and dependability. Cost will help mentioned
organization to produce best of the products at an affordable price. Quality of products will play
a crucial role in organization revenue growth and sales. Flexibility will help organization to give
easy and safe delivery of products and services which will satisfy their needs in significant
manner.
help@instantessaywriting.com
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
Table 1: Network plan for packaging process for Furniture Supplier Company
The above drawn network plan assists in assessing the activities and operations which shows that
the maximum time needed in order to finish the packaging process is 129 days.
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
Toll Free No:+1 213-929-5632
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
Thus, the above drawn network diagram states that there are overall 10 activities or
operations that assists in completing the packaging process effectively and efficiently. By
carrying out all these activities it assists firm in effectively manufacturing the effective range of
furniture products in order to attain customers and enhance the sales and profitability within
business (Zareei and et.al., 2011).
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
4.3) Approaches can be used for project management and quality control
There are different approaches that can be adopted in order to manage and control the
quality of business so that it assists in maintaining total quality management within firm. This
method or approach helps in delivering best quality furniture products so that it attracts
customers and fulfill their needs and expectations. Furthermore, quality assurance is firm helps
in attaining right quality product to customers and achieves set goals (Chaabane, Ramudhin and
Paquet, 2012). Thus, it is essential for Global Leisure Company to maintain its quality and
superiority by producing effective goods and for that they need to deliver best training and
development to individuals so that they can work effectively and efficiently. Also, it is essential
for business to use proper quality control techniques in order to improve the production and
attain desired targets. In order to conduct the quality control, company can take support from
different tools like sig sigma from which overall issues of quality can be managed. Additionally,
TQM (Total Quality Management) can be implemented in order to offer standard quality
furniture products to its customers. Apart from it, statistical quality control can be done in which
inspection and rating can be done for furniture. In this, product with below quality can be
identified based on rating and same can be removed from the production. This will help in
reducing the chances of offering below quality products to customers.
CONCLUSION
It can be inferred from the above study that operations management can assists business
to enhance their activities in order to gain results. Furthermore, it is crucial for firm to adopt 3
E's that assists organization in enhancing the productivity and profitability in order to attain
results. Global leisure company is required to adopt total quality management method in order to
enhance the performance of firm and deliver appropriate products to clients. Furthermore, it also
involves a network plan for the packaging process that showcases the maximum and minimum
time needed i.e. 129 days in order to finish the project. Moreover, business adopts process layout
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
function that assists in accomplishing the activity and manufacture effectual office furniture and
satisfy the needs of customers.
help@instantessaywriting.com
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
REFERENCES
Journals and books
Griffin, R., 2013. Fundamentals of management. Cengage Learning.
Benjaafar, S., Li, Y. and Daskin, M., 2013. Carbon footprint and the management of supply
chains: Insights from simple models. Automation Science and Engineering, IEEE Transactions
on. 10(1). pp. 99-116.
Brown, S., Bessant, J. R. and Lamming, R., 2013. Strategic operations management. Routledge.
Becker, J., Kugeler, M. and Rosemann, M., 2013. Process management: a guide for the design of
business processes. Springer Science & Business Media.
La Rosa, M. and et.al., 2011. APROMORE: An advanced process model repository. Expert
Systems with Applications. 38(6). pp. 7029-7040.
Ramezani, M., Bashiri, M., & Tavakkoli-Moghaddam, R. (2013). A new multi-objective
stochastic model for a forward/reverse logistic network design with responsiveness and quality
level. Applied Mathematical Modelling, 37(1), 328-344.
Sapolsky, H. M., 2013. Polaris System Development. Harvard University Press.
Grant, A. M., 2012. Leading with meaning: Beneficiary contact, prosocial impact, and the
performance effects of transformational leadership. Academy of Management Journal. 55(2). pp.
458-476.
Gruman, J. A. and Saks, A. M., 2011. Performance management and employee engagement.
Human Resource Management Review. 21(2). pp. 123-136.
Zhu, J., 2014. Quantitative models for performance evaluation and benchmarking: data
envelopment analysis with spreadsheets. 13th ed. Springer.
Kacar, N. B., Irdem, D. F. and Uzsoy, R., 2012. An experimental comparison of production
planning using clearing functions and iterative linear programming-simulation algorithms.
Semiconductor Manufacturing, IEEE Transactions on. 25(1). pp. 104-117.
Zareei, A. and et.al., 2011. A new approach for solving fuzzy critical path problem using
analysis of events. Expert Systems with Applications. 38(1). pp. 87-93.
Scheer, A. W., 2012. Business process engineering: reference models for industrial enterprises.
Springer Science & Business Media.
Chaabane, A., Ramudhin, A. and Paquet, M., 2012. Design of sustainable supply chains under
the emission trading scheme. International Journal of Production Economics. 135(1). pp. 37-49.
Kaplan, R. S. and Atkinson, A. A., 2015. Advanced management accounting. PHI Learning.
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.
Jiang, K. and et.al., 2012). How does human resource management influence organizational
outcomes? A meta-analytic investigation of mediating mechanisms. Academy of management
Journal. 55(6). pp. 1264-1294.
Van De Voorde, K., Paauwe, J. and Van Veldhoven, M., 2012. Employee well being and the
HRMorganizational performance relationship: a review of quantitative studies. International
Journal of Management Reviews. 14(4). pp. 391-407.
Zareei, A. and et.al., 2011. A new approach for solving fuzzy critical path problem using
analysis of events. Expert Systems with Applications. 38(1). pp. 87-93.
Beattie, C. J. and Reader, R. D., 2013. Quantitative management in R & D. Springer.
Turner, J. R., 2014. The handbook of project-based management. McGraw-hill.
Peng, D. X. and Lai, F., 2012. Using partial least squares in operations management research: A
practical guideline and summary of past research. Journal of Operations Management. 30(6). pp.
467-480.
help@instantessaywriting.com
E-mail: help@instantessaywriting.com
Get best MBA Essay Writing Service by the expert writers, we provide the topmost essay
help to the students as per their university guidelines.