Operations management focuses on supporting the organisation in achieving the best possible business results both in the short term and in the long term. In a rational operations management context the individual leader is expected to have a plan for successful goal fulfilment that the leader continuously follows up upon the execution of. Following up enables the leader to make corrective actions before it is too late as well as gathers learning based on the deviations from what was expected.
Operations management also deals with assessing the performance measures of the business processes for an organisation. The three most significant performance measures identified for a business organisation are:
The number of customers, goods, services or money that goes through a business process per unit time is identified as its throughput. An example could be assessing an organisation could be the number of customers served in an hour or the number of units of a product produced in a minute.
The total time taken by a business unit to complete a process from the beginning till it end is called the flow time. The flow time of a business is also referred to as their processing time. In the case where the organisations have more than one path through which the processes are flowing, the flow time is calculated as the longest path taken by the product or the service.
The Inventory of a business in operations management is the number of flow units that are handled by a single business process at any given time. The example of inventory of a business organisation could be the total number of customers present in a store at any given time. It is interesting to note here that calculating inventory in accounting and financial management is very different from the calculation of inventory in operations management. For example, the number of people waiting to avail a service at an organisation is not considered to be an inventory by the accounting professionals but in operations management, they are in fact counted amongst the Inventory of the company.
Operations management is a course that requires detailed knowledge and understanding of the business organisations and its operation. The homework and assignments given to the students of operations management need to be handled with planning and dexterity. If you are pursuing a course in operations management, it is important to have an original and fresh approach when you are handling the operations management assignment as your academic work. We at Assignment Work Help will be pleased to assist you with your operations management assignment. We have delivered online top quality assignments to the students belonging to various management Institutions and universities all over the world. We understand that completing the assignment of operations management in time can be a difficult task for the students and therefore we provide round the clock chat support and assignment writing services with the help of our proficient and expert writers. The writers hold the academic writing experience and applied knowledge of the subject operation management subject. Our team of online writers will help you in not only solve your academic writing but will also provide your assistance with understanding the topic and getting the concepts of operations management clearer .
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Operations management subject itself is a multi-disciplinary subject that has a very broad scope. Some of the common topics that are covered in operations management by our experts are:
A Topic on Operations management
Operations Management is a discipline of evaluating and constantly enhancing design, production and management of products, processes, services and supply chains. It includes gathering production, assembling and delivering of goods and services. Unlike marketing, this division is more on the back end of the business and is not directly visible to end consumer. Nonetheless, it is one of the most significant division of any business. Writing assignment on the subject of operations management requires testing of the classic methods and comparing them with the modern models and concepts of management. There are a variety of tools and techniques that need to be understood in order to write the operational management assignments. Our expert and knowledgeable academic writing team possesses the academic and applied knowledge of the various tools such as operational management including lean manufacturing, total quality management, business process re-engineering and numerous other topics which are covered in your MBA Course.
Lean manufacturing is an operation management philosophy that requires the organisations to eliminate all the unnecessary processes and waste from the approach adopted for the production of the products and services by them. It is a system of techniques and activities for running a manufacturing or service operation. The techniques and activities differ according to the application at hand but they have the same underlying principle: the elimination of all non-value-adding activities and waste from the business. This allows the organisations to lower their production costs and increase their output while reducing the lead time. Lean manufacturing also allows your organisations to reduce the number of defects and any unnecessary waste produced by them during the process of production. This is either done by reducing unnecessary use of the raw materials or access uses of any other inputs in the production process or by reducing the number of defects detected in the production process which ultimately helps in reducing the associated costs with it. The types of wastes in an organisation identified for extending the Lean manufacturing concept by them are:
The Lean manufacturing efforts implemented by the organisations are also directed towards reducing the lead time and brings the mean time of production cycle down for the manufacturing process. This also reduces the associated costs that your organisation has to bear for storing the material and the finished products. The organisations not only improve the efficiency by adopting lean manufacturing process but also enhance their ability to deliver the products to their customers on time. Another objective of the Lean manufacturing practices adopted by the companies is to minimise their inventory throughout the process of production. This will reduce the working capital that is needed by the organisation for sustaining their operations and improve the overall productivity and efficiency of the company.
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