How can your company apply operations management (OM)?
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Operations Management INSTRUCTIONS:
f 1,000–1,200 words Details: Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time. You are a new member of the operations team of a midsize manufacturing company with 500 employees. The decision makers at your manufacturing plant are struggling to meet production performance levels. After evaluating the company’s performance level problems, you quickly realize that the company did not follow a standardized operations management process. The operations manager and the warehouse manager are the key decision makers in your business unit. They have asked for your assistance in presenting the benefits of incorporating a standardized operations management process. Draft a business memo to the operations manager and warehouse manager of 1,000–1,200 words, outlining the following: • How can your company apply operations management (OM)? • Discuss 2 examples of how OM is used to improve the efficiency and effectiveness of business operations. • Discuss the purpose of OM and how it could improve things like production, quality assurance, resource management, and customer stratification. • Use APA, 6th edition format for all citations and reference
CONTENT:
Operations ManagementName:InstitutionIntroductionThis is an analytical study of the various underlying factors that are at play in the company. While most of the employees have been working hard to see to the success of the company, the production performance levels have not been achieved, and it is from this great concern that the company tasked the operations team with analyzing the causes of the same. Hence, this paper shall indicate the options the company has in applying operations management and the various ways the options can improve the efficiency and effectiveness of the business operations. Finally, the last section of the paper shall cover the ways operations management can improve production, quality assurance, resource management, and customer stratification.Application of Operations ManagementBecause the company is not an independent entity in the market, when it comes to apply operations management in the company, references and comparison shall be done with other mid-sized companies which have made use of such a system (Murthy, 2005). However, while making the said reference caution must be taken to ensure that the model is not one derived from large companies. This is because most of them are generic and would require a lot of customizations and if not done well could lead to the crippling of the company or its failure altogether. Hence, the best operations management option should be that based on medium sized companies like this one.Examples – Use ...
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