Business owners or managers strive to ensure that business practices and operations result in high level of efficiency in the organization. Operation management is the practice of designing, managing and controlling the various processes related to production and delivery of value-added goods and services to the customers (Hill and Hill, 2012). This transformation process contributes to the capabilities of an organization to compete with other corporations in the business environment. Considering that a business’ profitability and long-term success is directly associated to the efficiency of daily operations, operation management is a discipline that has a critical influence in the determination of the performance of an organization. In
Marketing operations play different role within an organisation. The main role of marketing operations includes integration, providing competitive advantage, and managerial role of marketing. It is noticed that organisational success is not only dependent on the operations of marketing but it also incorporates other functional units. With the help of marketing operations, the business gains the ability to attain information about customer values, competition, and market trends, which is used by the organisation such as CYFOR for integrating other departments in the pursuit of organisational success. Integration is one of the important marketing operations that are used by CYFOR because it helps them in linking their marketing activities with the functions of the organisation on which the success of the company is highly dependent.
In their study, they use operations research in various departments of the companies especially in production. They also includes transportation, products and inventories: life cycle, facilities like warehouse, ports and terminals, supply and chain design, product recovery and closed loop supply chains, Supply chain planning and control and operational control of supply and transport chains. They said that for the optimization for the environment using metrics has a main role. Also they believed that operation research most useful in minimizing cost but have a strong effect on the environment while it is not
Essentially evaluated and analyzed both production and management frustrations for the relevant examination. Moreover, considered the operations disillusionment and endorsed two significant changes with the administration's strategies that would reduce the probability of decreasing these issues in future. Thirdly, the report highlighted on the importance of operations administration both at the organisational and operational level in achieving fundamental strategies for an affiliation and moreover proposes a model that indicated better understanding of this affiliation. RECOMMENDATIONS 1. Airline “could buy equity stakes in other airlines as a growth strategy.
This advanced taxonomy opens new scenarios in operations management by providing an alternative view to scholars and managers. Operations management will require a shift in focus towards how the firm relates its own operations to the resources and processes of the other parties involved on the firm’s boundaries. Past studies traditionally only focus on the relationships with the parties at the beginning, the suppliers, and at the end, the customers, of operations. This study leads to analysing all potential parties involved in boundary operations (La Rocca & Snehota, 2014). The focus on the firm’s boundaries suggests that operations success depends on the ability to design and manage operations in a wider perspective, continuously rethinking internal and external activities to identify new potential integration and coordination solutions between value chains and external
The rapid changes in the business environment require the organization to be more dynamic in order to survive in the competitiveness environment. The success of any organization is determined by the quality of their human asset in order to gain the competitive advantages. However, it is difficult to maintain the quality of the human asset due to the certain barriers. Training and development process is one of the key elements for the organization sustain or survive in the competitive environment. Aswathappa, (2000) states that The term ‘training’ indicates the process involved in improving the aptitudes, skills and abilities of the employees to perform specific jobs.
Operations management is a very important aspect of any business in the marketplace because it determines the quality of products and services of a business. The fact that, the operations management as a branch of management is concerned with designing and controlling the process of production means that, the outcome of a product or service in an organization is a result of the strategic or lack of strategic operations decisions. Organization must engage innovative operations management strategies that aim at cutting costs and increasing the quality of products and services in a business. Operations management as a form of management is characterized with effectiveness and efficiency, whereby, when management fails to make strategic decisions
Introduction Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization . It involves the conversion of materials and labour into goods and services in the most efficient way possible to maximise the profit of a firm . Operations is one of the major functions of an organisation and it requires the management of strategy and day-to-day production. There is an entire range of decisions that determine the purpose and structure of managing an operation . Effective management of such a dynamic process falls within a set of interconnected processes, called the Four D’s of operations management.
Conclusion: The objective and methodology of this article by smriti chand management reflecting the shadow clearly of all policies and system that are the utmost element of effective team performance and provide a sufficient possible ways for goal realization that could lead to hit them all inspiringly. Later on fulfils the presence of limits and boundaries for the whole system of organization. Literature Review 3 Objective: To establish the team for the acquisition of certain decided goals associates with the organization &to increase the productivity of workers to get them best at their working performance .To motivate them by means of applauding & rewarding individually &within a team so that the more positive consequence can happen
Organizations have its own strategies and challenges that affect its operations both positively and negatively. It is common for managers to assess each of these challenges closely. The aim is always to take better decisions for the organization’s progress. These challenges can include factors reflecting social, technological, economic and political/ regulations directly or indirectly affecting organization’s functions. Managing and overcoming these challenges require successful managers to have a conceptual knowledge of all business functions.