Essays on Operations Management

VP Operations

As Pepsi o is the biggest player in the international beverage industry, the company has to maintain its distinct position by successfully handling the operational strategy. The operational strategy of Pepsi Co aims to meet the business needs in ten strategic decisional areas. These areas under the operational management include the design of goods and services, quality management, process and capacity design, location strategy, layout design and strategy, job design and human resources, supply chain management, inventory management, scheduling, and maintenance. The ultimate aim of the operational strategy is to maintain ad efficient response time to the fluctuations in ...

In this paper, I will critically review what I studied in this module and comment on different learning experiences I had. This critical reflection of my learning experiences can assist me to identify the learning experience(s) that will have great influence on my future as well. I will also try to figure out how my preconceptions, thoughts, and expectations about operations and logistics management were changed during this module. I strongly believe that individual assignments and shared activities in this module changed my preconceptions, thoughts, and expectations about operations and logistics management notably. Previously, I was not much ...

Management Team and Manufacturing Operations Plan

Management Team and Manufacturing Operations Plan The proposed business will be manufacturing organic dog treats, and it will require physical facilities within the city. It will need a manufacturing workshops and equipment for processing, testing and packing the product. There will also be a need for a climate controlled storage space for the ingredients and final product.

The packaging material and labeling will come from outside suppliers. Correspondingly, suppliers will also offer raw organic ingredients that make up the product. The business will process the ingredients according to approved specifications then package them and label. The product will be ...

Operations Plan for Wedding Management

Wedding Planning and Management business is part of an Event Management Business. Event Management business is gaining popularity because of the growing culture of getting better experiential service during celebration of any event as well as the willingness to spend on novel experiences. This paper discusses the operational plan of a Wedding Management start up business which pursues the mission of extending a memorable experience to its customers.

OPERATIONS MANAGEMENT STRATEGY

The Operation strategy outlines the plan for starting and developing the business in such a way that it aligns with the mission, vision and core values of the organization. An operations ...

Abstract

The study will aim to comprehend the way leadership in the oil and gas sector can be used to increase employee performance as well as how leadership can play a substantial role in enhancing employee morale and performance in oil rigs. The research will seek to fill the knowledge gap regarding leadership in oil and gas industry. I will use a phenomenological design since the study is a qualitative research. I will select the study sample using purposive sampling. Additionally, I will collect data through semi-structured interviews method. After collecting the data, I will identify the common themes and ...

Operations management contributes to organizational efficiency through the streamlining of its goals and objectives. The proprietors of profit making venture establish businesses in the hope of maximizing revenue. However, the organization can only realize returns if there is proper structure. Many ventures are created with goals and objectives that are stated through company vision and mission. In operations management, the executive utilizes the tenets of the OM in administrative and management areas which include planning, coordination, staffing and direction to realize efficiency. OM enables the organization to establish long-term strategy what in most instances is referred to as strategic ...

MANAGEMENT

Today, the world of sports has an immense number of fans following with subsequent industrial growth. According to Schlesinger (2016), the American population was recorded more than 320 million and Jones (2015) claimed that more than 60% of American population is a diehard fan of sports. Among innumerable sports, the National Basketball Association (NBA) has 17.7 million viewers; the Major League Baseball (MLB) World Series has 14.9 million viewers, and the National Football League (NFL) Super Bowl had record-breaking 108.7 million viewers throughout United States of America (USA; Thompson, 2014). Surprisingly, more than half a million viewers of each ...

How does a firm’s corporate strategy affect its operation management?

Corporate strategy, by definition, views the organization as a complete system which is known to be formulated of departments or functions which are interconnected and dependent on each other in such a manner that they aim to achieve the ultimate corporate goals (Krajewski & Ritzman, 2005). In other words, we can say that corporate strategy is a bigger picture which shows how inter-linkage about various departments or functions can result in the attainment of final aims and objectives. Operations management or operation strategy basically focuses on ensuring that the small tasks are carried out effectively which ultimately makes the achievement ...

KFC is one of the largest fast food chains in the world and serves its famous fried chicken that contains its secret blend of spice and 11 herbs. The company serves high-quality finger-licking food and is committed to ensuring food safety remains a priority through following stringent measures that ensure the food safety standards have been achieved (Awais, 2015). This is done by KFC’s commitment to four V-dimensions of operations management in all its business activities namely variety, volume, variation, and visibility. Operation management essentially explains the operations of business in producing goods and services. The idea behind ...

Business

2016-07-28

Introduction

This paper is devoted to the company Nissan Motor Company Ltd. and its management system. The great attention is paid to the operations management, supply chain, inventory management and other aspects, which can significantly impact on the company’s effectiveness. Nissan is currently demonstrating a steady growth in terms of volume of production and sales, as well as developing its technologies in different fields. Nowadays, the company Nissan produces cars in twenty countries around, which include Japan, USA, England, Spain, India, Brazil, Mexico, Russia and others. Sales are conducted in more than one hundred and sixty countries. Company ...

International Operations and Management

International Operations and Management Hedley (2016) revealed that managing international operations is an increasing concern for global companies (Harrison, 2011, p.3). Some of the reasons given by upper management are to remain competitive, as a growth opportunity, and to improve profits (Harrison, 2011, p.3). Global companies revealed that the main difficulty is choosing what entry strategy to use, which includes licensing, exporting, joint venture or direct investment (Foley, 1999, p.31). The report will examine the opportunities and continuing challenges of an international operation for a global automotive company under the entry strategies of joint venture and direct investment.

International Operation Challenges and Opportunities

Joint ...

How my chosen organization compete within its business area

Toyota is a leading manufacturer of automobile in the global setting, a position that has been earned through overcoming various hurdles over the past decades. One of the primary attributes that have contributed to the company's success is its focus on effective quality management (Toussaint, 2016). Moreover, the company's success is associated with a strict management system, which is based on the different principles of operations management as will be explained in the study. By embracing the above techniques, the company has experienced tremendous growth over the recent past. Therefore, the above study seeks to account for the significance ...

Lenscrafters Case Study

Lenscrafters is a business firm providing eye care services. The headquarters of the company is located in Cincinnati, Ohio state. Most of its customers are drawn from America, Puerto Rico, as well as Canada. Lenscrafters has approximately eight hundred and sixty stores around the world for distribution of its goods. The company is regarded as the largest optical chain in the United States of America. The company began in 1983 producing quality eye glasses and sun glasses. With their excellent customer services, the company has grown into one of the top business entities in the world. This paper is ...

According to Weele (2009, p4), effective strategic purchasing is growing rapidly throughout because the organizations have realized it a potent avenue to achieve the company performance in short and long term. These includes attaining their strategic goals, improving the consumer satisfaction, improve the efficiency of the services rendered and many others. Hartmann & Blome (2010, p45) argues that the reason for such is because the quality of goods or raw materials in the organization enhances the organization’s performance. The cost of goods and service procured is also important in determining performance. Various theories are explaining the importance of the ...

Introduction

Space Age Furniture Company produces two major products, Gemini TV stand and Saturn Microwave stand. However, both of these products require a single common product, 3079. This material can only be produced on one machine and only one machinist knows how to operate it. This is one issue that results in frequent overtime for the machinist. Additionally, this material (3079) is used in both the subassemblies for Gemini TV stand and Saturn microwave stand. The major problem with the subassembly is that the minimum lot size is 1000 for both the subassemblies. Higher lot size is increasing the inventory ...

AT & T

Product and Services Offering AT&T is a telecommunication company that provides high grade products and services to its clientele. Services and products include wireless communication, internet services, telecom equipment, and local services in exchanges (AT&T Annual Report, 2014). The business has been an industry leader for some time having the ability to control a sizeable market share that assists the organization in accomplishing effectiveness within the market along with higher bargaining power. The company’s mission is to allow people to have the ability to connect with others using the most up to date specialized and high tech inventions ...

Operations Management: Case of Holton Hotels

The success in business operations is possible through skillful and strategic approaches to various aspects of the operations. Every business organization depends on its stakeholders who are essential pillars of the success (Walker et al., 2015). In particular, customers are highly valuable for a business organization. The modern business environment is highly competitive. Some current successful organizations may fail in future due increased competition and the imitation of their strategies as well as intrusion into their business intelligence by the competitors (Walker et al., 2015). Therefore, the managements have to improve their approaches to business operations to align them ...

This paper establishes some ways through which the Portland Plant can raise their productivity levels as well as increasing profitability, which is set to be achieved through various methods. These methods are going to be founded by performance objectives and eventually the paper will offer recommendations towards achieving that desired performance. It is evident from the information provided regarding the Portland Plant that there a myriad of issues that the Plant is struggling with. The Plant’s main customers, Hewlett Packard as indicated had experienced a problem with the product that they were offered from the Plant. It is ...

Visibility

Visibility is one of the five key aspects of operations management. The visibility dimension in operation management refers to the ability of a customer to track the operation or service through the operation services. It is the facility by which customers would be able to track their product/ service or the way the process of operation is visible to the consumer in the different stages of its life cycle. (The four V’s of operations management, n.d.)

The visibility can be of two types; high visibility and low visibility:

High Visibility refers to those processes where customers have a shorter waiting time and the product is more customized as per the ...

Costco’s compensation and workforce practices employ various operations management concepts. The first concept that Costco applies in the treatment of employees is making the employees critical stakeholders for creating value to their services. The company has established that it is through having satisfied employees that it is able to effectively reach its goals. In conceptualizing the concept of operations management, firms have to create value for their goods and services (Heizer and Render 4). The activities that are intended create this value need to be strategic and efficient in their operations. Through the efficient handling of their staff, ...

Introduction

Leadership in the business plays a critical role in offering the direction to the organization, motivation to the workers, and in fostering internal relationship and smooth production (Adrian, 2011). The management plays the dual roles of structural and systematic directives as well as leadership roles along the socio-cultural perspectives. The roles and effective responsibilities of the directorship in the organization is critical in improving the business response and crisis management. Crisis may arise in the firm because of various reasons that can be centered in the internal enterprise operations or from the external factors associated with the industry operations ( ...

Abstract

The healthcare environment is characterized by various dramatic as well as rapid changes whereby this is usually leads to various difficulties especially in regard to effective change management. In regard to this, the various stakeholders involved in the management of healthcare organizations should effectively monitor change in order to anticipate the effects of these changes and come up with the appropriate measures to effectively deal with the challenges presented by the changes. As such, it is crucial and necessary to effectively understand the continuing trends that include; changes in managed care, client characteristics and pay-for-quality so as to effectively ...

Introduction & Brief Description of Business

Entrepreneurship allows for the opening of new businesses bringing about jobs for the people in a community and revenue that benefits not only the business but also taxes for the city and the state. Entrepreneurs usually take advantage of processes to enable their success in business to include lean experimentation that allows for the resolution of risks speedily and with minimum resources thereby allowing for testing of a business model; the enactment of investing which permits the entrepreneur to confront risks in order of importance thereby having the ability to use only the resources that are needed to meet ...

Boeing Company is an American multinational defense and aerospace corporation founded in 1916 by William E. Boeing in Seattle, Washington. It is the world's leading aerospace organization and the largest manufacturer of military aircraft and commercial jetliners combined (Sanga, 2015). Lockheed Martin is an American defense aerospace advanced securities and Security Company with international interests. It was formed by the merger of Lockheed Company with Martin Marietta in 1995. It is among the largest companies in the defense, aerospace advanced technology, and security (Benusa et al., 2012). Operational management is an essential aspect of a company, and it needs ...

Inventory Management in Apple and Coca-Cola

Inventory Management in Apple and Coca-Cola

Introduction

Inventory management constitutes one of the major concerns of business organizations. Efficient inventory management enhances the profitability of an organization by ensuring that all activities involving inventories are well controlled (Hill, 2012). In essence, inventories entail all assets that facilitate normal business operations, and they include stock of goods for sale, the raw material for production, and materials consumed in the manufacturing process. Primarily, inventories constitute the largest item in the categories of current assets (Williams, 2015). The valuation of stocks at the end of financial year is crucial for determination of profitability ...

1. The world economy has been undergoing profound changes for the past few decades due to certain economy-driving forces like ‘high market capitalizations’ and high edge technologies. Obviously, the changing economy requires changes in the way we operate businesses. Although volumes have been written on business and operations management, much of them become irrelevant to the changing context. In other words, ‘new economy companies’ require candidates with potential managerial skills who are also well conversant with the current technological landscape and new economic scenario. In this context, it is important to analyze the applicability of the management principles traditionally ...

Introduction

LensCrafters is an international optical company with about 860 special service shops with production firms in the United States, Canada, and Puerto Rico. The company creates and delivers eyeglasses within one hour, using readily available resources in their store. LensCrafters are focused on creating customers consistently throughout by offering exceptional customer service, growing the employees and leaders, making the best quality eyeglasses within an hour and delivering value to its customers, in an attempt to achieve its mission. This essay is structured in seven parts. The first part is an introduction of LenCrafters and the essay structure; part two ...

Introduction and Company background

Owens-Illinois is one of the largest glass manufacturers in the world. Owens-Illinois (O-I) with 62% market share is the largest glass bottle maker in the world (O-I, 2015). The company has a century-long history of glass making. O-I has introduced the automation in the glass bottle making process in early 20th century. Presently, O-I has presence in four continents (APAC, EU, LA and NA) and has over 80 manufacturing plants all over the globe (O-I, 2015). O-I supplies glass bottles to many major beer companies and wine companies. O-I has posted a revenue of $6.9 billion in 2014-2015 with ...

Module Tutor:

Question 1 There are various selection methods that can be used by McDonalds to ensure that they hire the most suitable crew members. The McDonald’s likes to hire happy recruits for the job who will remain happy and ensure that their customers are satisfied. Selection is an important process when looking to hire. Recruitment at McDonalds should be done at the specific branch levels. After the applicants have applied for the job it is important that McDonald proceeds on to screen the candidates in order to get rid of those candidates who are unsuitable for the positions advertised. ...

Inventory Management in Supply Chain

Inventory Management in Supply Chain

Inventory management

Inventory management is about specifying the percentage and shape of the stock goods. Inventory management is necessary on several places to keep the orders, store them and use it for production use. Inventory is the asset of the company and it remains an asset until it is sold and cleared (Salvo et al, 2002).

Inventory system

It is a system in which a company check over its stock. The activity done by the employees to check the company’s stock is known as inventory system. Inventory control majorly refers to logistics, operations management and supply chain ...

A Critical Analysis of the Role of Product Design and Service Design in Achieving Design Management Goals within the UK Supermarket Retail Chains – A Case Study of Tesco, UK.

Introduction

In the world of business, firms compete to gain a stronger market share. This is done by utilising a firm’s core competencies and strengths and converting it to competitive advantage in order to provide a stronger appeal to consumers. Thus, most firms maintain an emergent corporate strategy whereby they observe trends on the markets and make changes to their business units in order to remain relevant to consumers and ...

Supply Chain Management Major and Career Paths

The Supply Chain Management major offers equips students with wide-ranging knowledge, abilities and technological skills they need so as to secure employment in leading supply management roles. The necessary knowledge and skills extend to the higher levels of supply chain management and its functional areas including global procurement, strategic sourcing, brand management and supply chain alignment. The major solidly exposes a student to supply management, operations management, business-related marketing and logistics. Additionally, through experiential learning a student is able to understand more about supply chain management and the business environment. The knowledge and skills offered are not only limited ...

Introduction

Supply chain management primarily entails the coordination of functions within an organization as well as tactics used to execute those functions. Also, it involves tasks’ coordination across the partners participating in the supply chain with the principal objective of ensuring improved organizational performance. The definition of the supply chain clearly depicts the nature of the coordination between the partners involved in the business and appreciates the primary purpose of the supply chain management. Apparently, this approach aims at improving organizations’ as well as the individual performance (Lee et al., 116). There are two main components of the supply chain, ...

Introduction

The modern market is full of surprises that if left to the perceived strong players and watched from a distance by junior players, would lead to monopoly and subsequently compromise product and service quality. In the past, fierce competition was a thing for big companies scrambling for a sizeable market share. It mainly involved product oriented companies. Service industry operated like a shaved sheep that has nothing to worry of when approaching a sliding ground. Today, the wave of quality products and services continue to awaken these companies that have so long enjoyed the royal nap for many years.

Process Design

...

There is no service or manufacturing organization that can work alone or in isolation. It always needs suppliers and a supply chain in order to function in an effectual manner. Nowadays, realties as well as trends that are prevailing in the global economy are compelling the organizations to ensure management of supply chain as an essential element of business strategy. In recent years, most organization have started relying on external supply sources, by using outsourcing in order to reduce the cost, and utilize major competencies. Supply chain perspective of operations management has become important because of the role that ...

Uber is a car service company that created an Android application that enables anyone to request a car under a few minutes on a short term basis. The creation of the company was in 2009. It all started on a snowing day in Paris, where Travis Kalanick and Garrett Camp was having trouble getting a cab to reach their destination. They thought it was too much hustle and wanted to make the traveling experience easy by being able to access a cab from the comfort of your mobile phone at any location. They sought to use technology to give ...

As seen in the excerpt above, the process of gold mining is associated with very adverse impacts on the natural environment. The impacts that the mining causes on the environment later affects living organisms and human beings. These results have made it necessary for the government, nongovernmental organizations and stakeholder in the mining industries to come together and mitigate the adverse effects caused by the process of gold mining. This paper discusses the role of the government and nongovernmental organizations in reducing the negative impacts that gold mining causes on the environment (Angell & Klassen, 1999). The government is the ...

Abstract

Boots UK Limited was formerly known as Boots the Chemists Limited. During those times it was trading as Boots. Boots was a pharmacy chain which had its roots in Ireland and the United Kingdom. Boots UK, has decided to motivate and coach reps by the use of results-driven metrics. This methods includes motivating and coaching their sales team straight within the Salesforce. The business functions efficiently as a whole as a result of improvement in the operations through enhancing a sequential flow in the products and services of the company and minimizing the extent to which activities are delayed ...