Operation Management Assignment Example | Topics and Well Written Essays - 17000 words

Operation Management - Assignment Examplegy, Infrastructure, Globalization 35 Chapter 3 Existing Problems and Weaknesses of Operations Management in the Company 36 offset 1 Reduced Earnings in the Recent Years 36 Part 2 Indep hold onent Franchise Dealers Being Weaknesses 38 Part 3 Weaknesses of Operations Management Leadership Program 39 Part 4 Problems with Plant Applications Production Management 40 Chapter 4 Need for Re-orientation 41 Part 1 Overcoming the Problems with Operations and Reorient towards More Cost Effective Operations Management 42 Part 2 GE Invests Over EUR 85 Million In Germany For Operations Reorientation 43 Part 3 Improving the Entry Level Leadership Programs for Better Management 45 inference and Recommendations 46 References 50 Introduction Operations management of any business organization deals with the management and operations of products and processes, and supply and delivery of products and services from the company to its end consumers (What is Operati ons Management? 2013). Thus it involves optimized utilization of available resources towards effective output and delivery of products and services. There are different levels of operations followed in an organization depending on which strategies and tactics are planned (What is Operations Management? 2013). Areas of business concerned with management of production and distribution of products Logistics and supply chain management are infixed parts of the operations management of a business organization that is concerned with the administration of production and distribution of products. Logistics enables a planned structure for the flow of production and information throughout the business (Sekhar 2009). Thus the different processes of operations are linked with the help of logistics. Supply chain management is in charge of the correct responsibility of production of products and services and passing them to the end consumers without causing delay in the processes. The basic fu nctions concerned by the supply chain include physical body of the products, procurement, production, management of demand, and distribution (Sekhar 2009). Product design is concerned with generating products that can satisfy the needs of consumers. It involves design of the product, its engineering and packaging as well. Procurement refers to gathering the inevitable materials in order to produce the actual products (Sekhar 2009). Production is the process that transforms the raw materials into finished products to be offered to the customers. Demand management involves managing the flow of the demand from the market with the ability of the company to meet the demands (Sekhar 2009). Distribution is the