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Friday, June 14, 2019

Operations Management Essay Example | Topics and Well Written Essays - 2500 words - 9

Operations Management - Essay ExampleThe manner of creating these goods and services is the purview of operations management. As a discipline of endeavour, operations management deals with the design and management of products, processes, services, and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want. (MIT Sloan School of Management, 2009)It may be said that the operations utilization is the heart and soul of business. It is that organizational activity which actually gives birth to the good or service which is the reason for the firms existence. The operations manager stands at the helm of the operations department, and plans, organizes, directs and controls its performance. He determines, in line with the organizations overall goals, the strategic, tactical, and operational activities undertaken.Strategic issues involve the implementation of long-term goals of the corporatio n, and argon ordinarily decided upon by the corporations board of directors, or the owner or proprietor of the small firm. Issues decided by the operations manager that are within the scope of strategic management are those that yield decisions of a comparatively permanent nature, and usually require substantial capital outlay. They include ascertain the size of the manufacturing plants or the capacity of the equipment, as well as their location, deciding which telecommunications networks to have installed, and designing technology supply chains. Should the operations manager make a mistake in planning and implementing strategic issues, it would profoundly compromise the companys survival.The operations manager also deals with tactical issues the operations manager. These decisions involve the relatively medium-term prospects of the business, and while not as far-ranging as strategic issues, could also entail a substantial loss for the

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