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 draw a graph illustrating the crossover point, Stan's company is co...

Stan's company is considering producing a gear assembly that it now purchases from Sal Company. Salt company charges 4 per unit with a minimum order of 3000 units. Stan estimates t

Explain is self-preservation a moral imperative, Is self-preservation a mor...

Is self-preservation a moral imperative or just a fact?

What type of strategy will you utilized to meet this demand, Dell Computers...

Dell Computers is known for revolutionizing the personal computer market using mass customization. This company can turn out a huge volume of computers while still having a variety

Illustrate performance dimensions for operational strategy, Illustrate the ...

Illustrate the performance dimensions for operational strategy? Performance dimensions for operational strategy: • Quality for illustrations Marks and Spencer, Thornton’s,

Compute the value of the tax shield, You have a lease on an oil and gas pro...

You have a lease on an oil and gas property with 87.5% NRI that delivers your firm annual profits of $400,000 for five years, with equal production in each year (you will need to t

What is lowest possible cost, Doing something at the lowest possible cost i...

Doing something at the lowest possible cost is called: ________________. Effectiveness Efficiency Productivity Evaluation Application

What order quantity will minimize the total inventory cost, Question: Y...

Question: You are the Operations Manager at Alien University and one of your responsibility is to manage the supplies of the University. One of your supplier has given you quan

Explain how important is the compensation system, How the compensation syst...

How the compensation system influences employees motivation, productivity and satisfaction. How important is the compensation system in an employee's productivity? Are there other

Find gross domestic product is accounted for by logistics, What percent of ...

What percent of North American gross domestic product is accounted for by logistics? Almost 11 percent Almost 22 percent Almost 33 percent Almost 44 percent Flingers

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