QUESTION ONE Operations Management is one of the three major functions of any organisation. No organisation can...

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General Management

QUESTION ONE
Operations Management is one of the three majorfunctions of any organisation. No organisation can do without theOperations function. It exists for manufacturing and serviceorganisations as well as to profit and non-profit makingorganisations. It is such a costly part of an organisation butcontribute to a large extent to the success of the organisation.However, organisations are impacted continuously by businesspressures and these provide them with the biggest challenges.Organisations often look to the Operations functions to respond tothe business pressures.
(a) Carry out a literature review on the Operations ManagementFunction, indicating a definition of Operations Management, itsimportance to organisations and how it contributes to the successof the organisation. (1500 Words: 30 marks)
(b) With reference to an industry you are familiarwith, identify five business pressures impacting on theindustry and discuss how these challenges can be addressed by theoperations functions of the latter. (1000 Words: 20marks)
Students are expected to critically analyse thevarious aspects and not just report passively and should include asmall conclusion.

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A Operations Management in short is dealing with a venture or an assembling unit or an assistance related work through planningorganizing and coordinating with the nature of the item or administration being the most ideal to the extent Any occasion that we need to plan can be named as activity and to effectively lead and presume that occasion is identified with tasks the board for that occasion An assembling unit or setting up of a plant will require following a Layout arranging of the plant b Getting subsidizing either value or obligation or both in certain proportion c Getting speculation requires venture outline and expected surge and inflow that is venture financing d Whether the assembling unit is close to the market or not e Whether the assembling unit is close to the crude material providers or not f Supply Chain the executives f Labor availibility g Machine and hardware h Contigency arranging I Warehouse j Inventory the executives k Quality administration TQM l ERP j Production Planning k Usage of Operation Research Tasks the executives is engaged with every single step of the organization to coordinate structure convey and build up the whole unit and the item See Answer

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