Operations management is concerned with designing, overseeing and controlling the production processes. It deals with designing and management of processes, products, services and chains of supply (Cornett, Saunders, 9). The acquisition, utilization and development of resources to be delivered by firms to their clients are considered here. Its purvey ranges from tactical to strategic and operational levels. Therefore, the responsibility of ensuring optimal efficiency of operations in a manner that utilizes minimum resources while effectively meeting customers' requirements lies here. Operations management thus directs and manages physical or technical organization functions. These functions relate to ...
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Operations Management Performance Objectives
Any organization must be concerned with how to keep customers satisfied and achieve higher levels of success in the market industry. The common answers to these questions or the features that customers seek in any product/service are the quick delivery system, improved quality of services and products, and reasonable prices. It is important for the organizations to consider operational performance objectives to improve efficiency and make customers satisfied.
Operational performance objectives are the guidelines or standards followed by the management to achieve the set corporate strategies. The organizations define measures that are used to determine if performance objectives ...
Operations manager performance objectives
Operations department is the backbone of in all manufacturing or service industry’s success. The department focusses on learning the market trend and strategizing on fulfilling the customer’s desires as well as the company’s goals and objectives. Mostly, the department requires procedures for developing an operation strategy that will analyze the market requirements (marketing) and the operations resource capabilities (operations). The term performance to an operations manager refers to the level of achievement. To them, the job is characterized by performance objectives. These performance objects are speed, flexibility, quality, dependability, and cost. Depending on the company’s ...
Introduction to Operations Management
Introduction
Any self-sustaining organization, whether public or private that endeavors to generate enough revenue in order to offset the cost of operations and make profit must set specific objectives for its operations. Operations performance managers utilize different performance objectives in order to track and monitor the performance of their respective organizations. It is upon the manager to decide whether the priorities of the organization demand a balanced approached towards the performance objectives or a focused approach where the operations manager focuses on one of the five performance objectives (Kachru, 2007, pg.271).
Besides the priorities of the organization, this decision ...
Introduction to Operations Management
Operations management is a broad category that brainstorms the interest and/or affects for/on almost every stakeholder by the organisation’s activity. As an acting operational manager, one could either emphasize on one, or all of the five major performance objectives set by the organisational culture being implemented by the superiors of the organisation (Chase, 2006, pp. 32-39). The stakeholders will all have personal motives and interests in the company, while some will be affected directly or indirectly as well by the actions and operations.
The foremost stakeholders for whom the operations will be acted upon are:-
- Employees: Though operational responsibilities for employees are far beyond just a profit-making organisation, a prosperous company will ...
Introduction:
Operations management is not about differentiating different functions or aspects; rather it is about integrating the various aspects of an operation so that the energy created is higher. It should thus be guaranteed that the various parts of an operation come together to create the synergy that is required for the success of the operations. So, if I were the operations manager in charge of a company’s operations performance, I would emphasize on all the five performance objectives. That is, I would make sure that all the objectives; quality, speed, dependability, flexibility and cost, are integrated in a holistic manner ...
1a) Slack, Chambers, & Johnston describe five performance objectives, or factors to be considered, for job design (2007). The first of these is quality, as the ability of employees to provide high quality goods and services is impacted by job design. Certainly providing high quality grocery goods and services is important to this business. Extremely high quality can provide real differentiation for a business (Brittin, 2013). The second objective is speed. There are jobs where speed is imperative, such as emergency personnel. Although less important than in medical emergencies, speed is a factor in the grocery business, if just to keep the ...
Brief about MTN
MTN short for Mobile Telephone Network is a multinational telecommunications group headquartered in Johannesburg South Africa. The company is listed under the Johannesburg Stock Exchange. As at December 2010 the company recorded more than 137.7 million subscribers (MTN Group Limited, 2011). In 2010 MTN employed more than 17,000 people and was valued at US$17.3 billion worth of revenue (MTN Group Limited, 2011). The company has core operations in 21 countries in Africa and the Middle East. The operations are grouped into South and East Africa (SEA) which covers six countries, West and Central Africa (WECA) -covers nine countries ...
Introduction
Every forward-thinking organization should factor in all its stakeholders in its key strategies and processes of production. It is thus prudent for these organizations to effectively manage the resources involved in the production processes of goods and services. These processes are managed with the key stakeholders namely customers, suppliers, shareholders, employees and society in mind (Kamauff, 2010, p. 67). The processes and strategies incorporate performance objectives of the organization and its focus on achieving profitability and competitive edge in the industry it finds itself in. It is, therefore, important for an organization to aim to achieve a balance of all ...
Introduction
Every forward-thinking organization should factor in all its stakeholders in its key strategies and processes of production. It is thus prudent for these organizations to effectively manage the resources involved in the production processes of goods and services. These processes are managed with the key stakeholders namely customers, suppliers, shareholders, employees and society in mind (Kamauff, 2010, p. 67). The processes and strategies incorporate performance objectives of the organization and its focus on achieving profitability and competitive edge in the industry it finds itself in. It is, therefore, important for an organization to aim to achieve a balance of all ...
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RE: A Recommendation for the Car Model of the Delivery Fleet
Introduction
I wrote this report to provide a recommendation in choosing a car model for the fleet of 35 that we plan to purchase. We need a car that would support our business model of online ordering meals from hundreds of restaurants in Toronto. The choice of the car would be based on criteria that would reflect economy, reliability and other factors.
The discussion would present the criteria for choosing the car models and their makers. The three options would then be described and explained on how each would meet the criteria; a recommendation would then ...
Identify different users of accounting information and discuss the varying information needs of these users.
Users of accounting information are both - internal & external to the company in question. Internal users are the primary users of accounting information. They are company managers, employees and proprietors. Managers make use of the accounting information for analysis purpose regarding the company’s output and ranking so that suitable measures could be taken for bettering company performance. Next-in-line internal stakeholders are company employees. Their information needs are different from that of company managers. They use company information for measuring the earnings made by the company and deriving results thereof for relating with their future income and job safety; ...
Abstract
A whistle-blower or a whistleblower an individual who reveals the alleged dishonest, misconduct, or illegal activity that occurs in an institute. The alleged misconduct is in classification of numerous means; for instance, a contravention of a rule, law, bylaw or a direct risk to public interest, such as health and safety contravention, corruption and fraud. Whistle-blowers might make their accusations internally, for instance, to other individuals in the accused institution or externally to, law enforcement agencies, regulators, to groups, to the media or concerned with the subject matter (Nader, 167).
The Continental Congress ratified the first ever whistle-blower protection law in the ...
The modern business environment is shaped in accordance to recommendations by management theorists who proposed that different functional areas follow principles based on hierarchical control and functionalisation, and work-task specialization (Balasubramanian & Bhardwaj 2004). Functional areas in any organisation that ensure achievement of goals and smooth running include operations, human resources, accounting, and marketing departments. However, operations and marketing are considered the value adding departments in any business where they dictate what is to be offered (good and services), how it will be offered and delivered. Therefore, for the two departments to create value to the customer there must ...
COURSEPROFESSOR
DATA
First Evaluation
The client dependability and the customer satisfaction is one of the main part of the business. The company need to come up with some of the strategies in order to keep the customers engaged in the business as well as to make sure that the customers are getting the services that they desired to receive from the restaurant. The buyers take different equation in the consideration while they go for any type of purchase. The buyers look at the quality, outlook and the products variable in order to make the correct decision. So, the quality and ...
Introduction
The purpose of this document is to reflect on personal and professional sides of my life up to date. While the analysis is rounded on the intention to analyse and close the gaps, between the "current me" and "expected future me" in terms of business environment, it is critical to understand that management and leadership, whether it is the leadership of self, leadership of others or leadership of entire organizations is based upon the combination of personal and professional qualities of an individual. With that in mind, the GAP analysis, which will be used as a structure for this ...
Question One: Identify and explain the different types of waste you might expect to find in the core Operations activities of each of your selected organisations.
Household electrical wastes can be classified into various categories. The first waste is defects. Household electrical are prone to wear and tear, and this attracts defects in most of electrical appliances. When electrical wear and tear, they lose their monetary value. A classic example is Television, laptops and batteries. Also, transportation is also termed as a waste when it comes to household appliances. The machines need to be transported from the place of ...
Introduction
An original separate storm sewer is being currently planned for a district in Newcastle; furthermore, the presentation of the storm sewer will be assessed during a greater rainfall filling (The reoccurrence extent of time of five years and twenty years)
Sewer layout
The three-dimensional sewer project:
The outline of storm system:
The defaulting project for return extent of time of five years
The hydraulic variables in StormCAD:
The longitudinal segments in defaulting project (Return extent of time of five years):
Upgraded project for return extent of time of five years
The longitudinal segments in upgraded project (Return extent of time ...
Volunteering in the War
Of the many reasons people had for joining the army an underlying opinion was that the war would provide an adventure for young men that had not experienced any such thing prior to that and many many years later it took the disillusion of war to change that feeling. Unlike wars that took place at the time of early civilizations, most American wars were mostly fought for freedom of people as opposed to spoils of war. They mostly only asked that should they die in battle they be allocated a plot of land for burial. Why then do men and ...
Human Resources Task II
Toy Company
1234 Toy Alternative Drive,
Ideal Strategy, HR 10100
Success in any business organization can be attributed to integration and streamlining of effective practices within the organization. Time and resources must be invested in each individual practice to create a strong and efficient organizational front. One important component of good company-wide investment would be the public and private ethical image of the company. The reputation of the organization as ethically superior should be thoroughly established in order to create an impression of trustworthiness and reputability in the minds of consumers.
In regard to issues surrounding the Toy Company, there are three alternatives ...