Operations management and strategy request pdf researchgate. Jun 26, 2019 operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. When sound operations management decisions are made, it shows that the strategies were effective, and the organizations mission can be met. A companys operations are the activities that produce and deliver a product or service. The operations strategy of nestle is highly contributed by the application of nutrition, health and wellness strategy. Over the years, he has designed and taught courses at both graduate and undergraduate levels on topics such as operations strategy, introduction to operations management, project management, operations design, and manufacturing planning and control systems. It touches the activities such as operation management, supply of materials, marketing, sales, production, and finances. Lectures notes on production and operation management. Meanwhile, strategic analysis gives a brief study on what should be done in the company or the actions needed to stay and be ahead of the competition. Using trendy and fascinating examples this mannequin new textual content material book brings to life elementary operations management guidelines and theories that are related to every manufacturing and restore circumstances, reflecting the very latest developments on.
He is past editor of the operations and supply chain area of operations research and has served on the editorial board of several journals. Using various mathematical models, statistical analyses, and logical reasoning methods, operational analysis aims to determine whether each area of the organization is contributing effectively to overall performance and the furthering of company strategy. The adjustments in the everyday operations have to support the companys strategic goals, so they are preceded by deep analysis and measurement of the current processes. As this title suggests, it contains the introductory and top down topics that embrace the conceptual and strategic. Strategy and analysis 6th edition krajewski, lee j. Operations management pom to operations management meredith, 2001. Using various mathematical models, statistical analyses, and logical reasoning methods.
Operational analysis is conducted in order to understand and develop operational processes. Operations management of pepsico 2439 words essay example. Operations strategy is different from operations management level of analysis operations management operations strategy micro level of the process macro level of the total operation operations strategy is different from operations management level of aggregation operations management operations strategy detailed for example can we give tax. Operations strategy looks at the patterns of strategic decisions and actions in a bid to set the roles, objectives and activities of the operations slack et al. Analysis and improvement methods from university of illinois at urbanachampaign. Chapter 5 production scheduling approaches for operations management 129. These three concepts come into play as operations managers make good decisions in the seven major functional areas of operations management, otherwise known as operations decisions. Productionoperation management is the process which combines and transforms various resources used in the productionoperation subsystem of the organization into value added productsservices in a controlled manner as per the policies of the organization.
The course covers strategic decisions in technology, facilities, vertical integration, human resources, and other areas, and also explores. Findings from the czech republic afonina anna abstract the purpose of this study is to investigate the current level of. These three concepts come into play as operations managers make good. Operations management is all through us and is integral to every business. Strategic management tools and techniques and organizational. As this title suggests, it contains the introductory and top down topics. Operations management involves the planning and coordination of work.
A handbook for implementation lxil how to use this handbook. A operations management 70% b strategic management 30% b 30% a 70% assessment strategy there will be written examination paper of three hours. Operations management is the management of processes that transform inputs into goods and services that add value for the customer. Strategies of operations management operations management functions as the companys engine room. Also, the companys operations management involves a flexible scheme that allows some degree of organizational movement. An understanding of these strategies is important in ensuring that organizations are well aware of the requirements needed to meet the corporate objectives set about by management. Strategic analysis refers to the process of conducting research on a company and its operating environment to formulate a strategy. Operations managers deal with these 10 strategic decisions for the purpose of optimizing organizational processes and productivity. Strategy plan and operation are two of the most important factors in a business.
Operations management ppt and pdf free study mafia. Decision making in operations management the three concepts of differentiation, cost, and response come into play as operations managers make good decisions in the seven major functional areas of. There is no great tradition or heritage for strategic thinking in many organizations. A space of management having an active role in designing the process of production and also in controlling the production process is known as.
Operations management learning objectives 1 define operations management and discuss the role of the operations manager in a manufacturing company. Using trendy and fascinating examples this mannequin new textual content material book brings to life elementary operations. Formulation and implementation of strategy syllabus 2016. Jun 22, 2016 operations management involves planning, organizing, and supervising processes, and make necessary improvements for higher profitability. Productionoperation management is the process which combines and transforms various resources used in the productionoperation subsystem of the organization into value added productsservices in. Introduction to operations management boundless business. Requiring the skill levels of knowledge, comprehension, application and analysis. Strategies in operations management universalclass. Its key purpose is to identify the strategies that will create a firm specific business model that will best align an organizations resources and capabilities to the requirements of the environment in which. The definition of strategic analysis may differ from an academic or business perspective, but the process involves several common factors. Unilever maintains redundancy measures to ensure process capacity when demand suddenly peaks. Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. The theme for volume1 is operations management concepts and strategy. Since operations managers are involved in many roles and functions, they.
To sustain productively in this industry, operations strategy and critical decisions are important aspects of operations management. Operations managers have responsibilities in both strategy and daytoday. Operations strategy sloan school of management mit. Students analyze the relationships between manufacturing and. This highly respected book presents strategic and managerial issues in order to emphasize that the decisions made by operations managers should be consistent with a corporate strategy shared by managers in all functional areas. Project management new product development and 3dce. This paper reports the analysis on the operations management strategies of a telecommunication company named tc in malaysia. Operations managers aim at high reliability and stability of business processes in this strategic decision area. Pdf operations management concepts and strategy operations. Operations management overview, responsibilities, skills. The particular strategy is designed to support the people desiring to have a healthy lifestyle. Operational analysis focuses on the larger sense of performance. Careers in operations management and analysis ashford.
The term operations management encompasses planning, implementing, and supervising the production of goods or services. Explain the roles that operations can play within organizational strategy. Findings from the czech republic afonina anna abstract the purpose of this study is to investigate the current level of strategic management tools and techniques utilization as well as to explore and identify the impact of management tools on or. In this course, you will learn about the role of operations and how they are connected to other business functions in manufacturing. External operations interact with internal processes to form the external supply network the supply network flow between operations broadcasting company promotion agency studios casting agency creative agency the programme and video supply network three levels of operations management analysis. Pdf strategic operations management radhitya wirawan.
The strategic and operations management paper examines both the breadth in the compulsory section a and depth in section b of candidates knowledge of the subject. In this course, you will learn about the role of operations and how they are connected to. Pdf the theme for volume1 is operations management concepts and strategy. It is difficult for candidates to secure a good result by picking isolated sections of the syllabus to study. Intel corporations operations management om strategy focuses on supporting product development as the basic factor in the 10 strategic decision areas. Jan 20, 2019 the operations strategy of nestle is highly contributed by the application of nutrition, health and wellness strategy. Processes and supply chains provides students with a comprehensive framework for addressing operational process and supply chain issues and uses a systemized approach while focusing on issues of current interest. Lecture notes operations management sloan school of. Understand the relationship between operations and strategy. Operations management is about the management of the processes that produce or. Operations management is critical for the success of any company and in this paper the significance of operations management is brought out by focusing on pepsico company.
Sometimes called production management, the field is crossfunctional, tying in with other departments. Books, images, historic newspapers, maps, archives and more. Understand the strategic significance of operations management to. This paper is an analysis of the operations management of pepsico company. Strategic analysis overview, examples, levels of strategy. List the key strategic decision areas of operations management that constitute an operations strategy. Operations managers have responsibilities in both strategy and daytoday production, in either manufacturing or services. Swot analysis is the most renowned tool for audit and analysis of the overall strategic position of the business and its environment. Operations management is the profession that encompasses planning, implementing, and supervising that. Nov 23, 2011 operational analysis is conducted in order to understand and develop operational processes.
Processes and supply chains 12th edition whats new in operations management krajewski, lee j. Word count exclu ding covers, tables, executive summary and references table of contents. The historical growth of operations management and strategy period concept originator andor in. Operations management involves planning, organizing, and supervising processes, and make necessary improvements for higher profitability. More recent areas of om teaching and research now include international and environmental issues, and crossfunctional topics such as technology integration, new product development and supply chain management. The particular strategy is designed to support the people desiring to have. Our goal is to help students become effective managers in todays competitive, global environment. Analysis of the operations management strategy of a. Operations management is a field of business that involves managing the operations of a business to ensure efficiency in the execution of projects. Strategy and analysis, sixth edition, continues its hallmark reputation for innovation in presenting operations management as a powerful tool for achieving organizational objectives and gaining competitive advantage. Just a few of the many fields and positions where this degree might apply include. Understand the strategic significance of operations management to organizations of all kinds. Abstract 100 words strategy and operations are inextricably connected.
The operations manager who can design a system to do so in all three regards is a formidable one. Operations management strategy and analysis by lee j. Apr 22, 2017 intel corporations operations management om strategy focuses on supporting product development as the basic factor in the 10 strategic decision areas. The practice of strategic analysis essentially produces future organizational direction in a systematic way. Students analyze the relationships between manufacturing and service companies and their suppliers, customers, and competitors. The goal of operations management is to maximize efficiency while.
254 433 856 472 580 105 1087 1617 1468 131 738 994 190 1600 1273 617 1607 1344 1550 321 1049 46 191 1204 511 90 1298 1310 535 955