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 can we solve the problem of crime, Can we solve the problem of crim...

Can we solve the problem of crime? How much responsibility does society have? Are our policies enough? What would you do differently, if anything?

Explain the current yield on alaska power company bonds, Alaska Power Compa...

Alaska Power Company issued $1,000 bonds that have an annual coupon rate of 7.5%. The present market value of the bonds is $1,125. If the bonds have 15 years remaining until maturi

Explain descriptive statistics, Descriptive Statistics: Ages Variable Me...

Descriptive Statistics: Ages Variable Mean StDev Minimum Q1 Median Q3 Maximum Ages 23.56 8.97 17.00 18.25 21.00 23.75 49.00 1) Describe the shape of the data 2) What pe

Carl thor - performance measures, Carl Thor - Performance Measures Car...

Carl Thor - Performance Measures Carl Thor (1994) highlights the 'family of measures' concept and the alignment of measures across a company. He describes five measurement cat

Green supply chain management, what is the meaning of green sipply ...

what is the meaning of green sipply chain managent and is it applied in production process

Explain ethical problems and increase of competitive, Can someone give me s...

Can someone give me some ideas of how to implement a turnaround strategy for a United Way due to the fact that they have some ethical problems and increase of competitive.

Determine the formula of the economic order quantity, Determine the formula...

Determine the formula of the Economic Order Quantity. The formula for Economic Order Quantity (EOQ): EOQ = √((2x C O x D)/(C H ) Here D = Annual demand (units)

Calculate discount on acquisition, Westside Printing Limited was incorporat...

Westside Printing Limited was incorporated on 1 July 200A to take over the existing business of Bob's Printing. Net assets (other than cash) were taken over at fair value. The tota

Explain integration business-level strategy, The value chain priorities can...

The value chain priorities can be quite different for firms taking different business strategies. Create examples of value chains for three firms- one using cost leadership, anothe

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