What does operations function contribute to business, Operation Management

Assignment Help:

1. What does the operations function contribute to the business? 

Answer: The answer must be that the operations function, whether it be to manufacture products or provide services or a combination of both, must be the power house of the organisation. Top management may be responsible for the setting of strategic direction. Thereafter, operations must deliver the product/service in the market place where ultimately the organisation is judged. Operations are where all other managerial contributions focus: top management expectations; design and development; accounting and finance; procurement - suppliers; people management - staff; product and service delivery - customers. 

Operations are a discipline where multiple managerial threads run in parallel. It has need of individuals who can multiplex by coping with multiple managerial demands and rank equally with colleagues when strategic decisions are taken. Operations (manufacturing) has been considered as a 'competitive weapon or a corporate millstone'. Operations (services) are seen as a major challenge for operations managers in order to add value to the economy. Service sector productivity must be increased as must quality. This is seen by many prominent authors as the major challenge for operations managers in the current century.


Related Discussions:- What does operations function contribute to business

Explain were the british more responsible for losing the war, Were the Brit...

Were the British more responsible for losing the war or were the colonists more responsible for winning it? Use specific examples from this week's readings to support your respons

Describe what is the day supply for each item, The Following table contains...

The Following table contains data about the inventory for five items at Jones Corporation and the rate of sales for each of the five items in the upcoming year Item# Beginning U

Explain largest category of households, By 2015, projections indicate that ...

By 2015, projections indicate that the largest category of households will be composed of a. childless married couples and empty nesters b. singles living with non

How every company identify their target market, Can every company identify ...

Can every company identify their target market? Advise as to why this is important or why it isn't important.

Explain what''s your opinion about compensation, 1. Does your company's com...

1. Does your company's compensation plans help to attract and retain people with the right skills, knowledge and motivation to help the company succeed? Explain. 2. Is your comp

Provide examples of organizational situations, Give examples of organizatio...

Give examples of organizational situations that would call for transformational, transactional or charismatic leadership. I have an example of transformational, just can't quite

Calculate sample mean & superimpose the frequency histogram, 1. (a) For the...

1. (a) For the measurement data presented below, draw a frequency histogram using a class width of 0.1 mm; calculate the sample means and superimpose their frequency histogram; com

Explain the annual interest payment, A bond has a coupon rate of 15%, a yie...

A bond has a coupon rate of 15%, a yield to maturity of 10.55%, and a market price of $850. Therefore, the annual interest payment is: a.) $850 b.) $150 c.) $105.50. d.) $120.0

What are the characteristics of just in time philosophy, What are the chara...

What are the characteristics of just in time philosophy? Characteristics of JIT philosophy: a. Closer relations along with suppliers maintained b. Smaller and extra fr

LP, A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ., X AND Y. BECAUSE OF RAW...

A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ., X AND Y. BECAUSE OF RAW MATERIAL RESTRICTIONS, IT CANNOT PRODUCE MORE THAN 400 TONS OF GRADE X PAPER AND 300 TONS OF GRADE Y PAPER I

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd