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

#Process design plant locatiom.., Relation with types of manufacturing plan...

Relation with types of manufacturing plant location and layout.?

Calculate the tracking signal, Sales of music stands at Johnny Ho music sto...

Sales of music stands at Johnny Ho music store in Columbus, Ohio, over the past 10 weeks are shown in the table below. a) Forecast demand for each week, including week 10, using

Explain what are your alternatives and the pros and cons, Your company has ...

Your company has assigned one of its vice presidents to function as your project sponsor. Unfortunately, your sponsor refuses to make any critical decisions, always "passing the bu

Explain how is samsung currently performing, 1. In what ways has Samsung's ...

1. In what ways has Samsung's multibusiness model changed overtime? Why did its top managers make these changes? 2. How is Samsung currently performing/ What kinds of changes is

Explain the scope of an external customers project, Project sponsors within...

Project sponsors within the contractors company have the authority to change the scope of an external customers project as they see fit. Answer Have the authority to change t

Kanban scheduling system for lean and just in time, Kanban Scheduling Syste...

Kanban Scheduling System for Lean and Just in Time The ideal lot size is one - how many can we work on at one time? - usually one. Even in batch production, only one item in t

Operation research, A paper mill produces two grades of paper viz., X and Y...

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

Explain what is the risk premium for the payoff, A decision maker has the f...

A decision maker has the following utility function. Payoff Indifference Probability 250 1.00 200 .90 100 .80 50 .50 -50 0 What is the risk premium for

Approaches to determining operations strategy, Approaches to Determining Op...

Approaches to Determining Operations Strategy This describes aspects of operations systems and performance measurement, including trade-offs between performance criteria. We

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