In this article, it will outline and analyze the positioning strategy and operation management of Zara. For instance, the customers normally choose the quality or type of wood to be used for their furniture. 127-146). computer-based program that can check which components are needed for manufacturing, when Your privacy is extremely important to us. Hudsons initially focused on the production of custom-made furniture. 4 Pages. For a company to be flexible, it has to deal with a different diversity of products. Disadvantages might be the increased costs in setting up new technology or method for providing unique or customized service for different customers, their maintenance costs, technology costs, and increased layoffs. ", "Free Report On Reflective Paper On Operation Management,". In this paper, we study a robust surgery scheduling problem augmented by patient feature segmentation. 1. Analyze the Discussion/ Technology and Operations management Essay, Informative Essay on Operations management, Critical Evaluation Of The Operations Management Commerce Essay, get custom com/what-is-lean-manufacturing. Since capacity constrain can affect quality negatively, the management must identify the quality standards it can achieve under the existing capacity. There must also be proper scheduling of production so that products can be manufactured in time and in order of importance. It discusses about the Competitiveness, Strategy, and. operations This subject is necessary for understanding regular operations in commercial sectors. It, discusses the general topic on Global supply chain management and its application within the business sector. Academia.edu is a platform for academics to share research papers. We will write a custom Essay on Production and Operations Management (POM) specifically for you for only $16.05 $11/page. Furthermore, I also had the opportunity to participate in group discussions with A company has to rely on this flexibility in order to improve speed and hence facilitate dependability within the organization. The uniqueness of each order, however, may require a lot of time in production using the Job shop method (Chakhlevitch, Keller and Glass, 2011, pp. European Journal of Operational Research, 210(1), pp. In the case of Hudsons, planning activities focus on trade-offs that ensure effective use of the existing capacity. The journal publishes scientific research into the problems, interest, and concerns of managers who manage product and process design, operations, and supply chains. In this case, Hudsons will have a high debt-equity ratio, especially, if a lot of money is borrowed from financial institutions. Consequently, each order tends to differ from the rest. Given the fact that profits have not met the expectations of the management, the firm might not be able to raise enough money to finance its restructuring program. We use cookies to enhance our website for you. As I entered the remaining classes in my concentration, Operations Management, I realized how each particular class subject had all come together, and how each was interrelated. Hudsons has ensured flexibility by adopting the use of general purpose equipment. Each class, each subject became more important to me as I realized their importance in the role of an operations manager. 793 Words. Slack, N., 2015. Copyright 2023 - IvyPanda is operated by, Continuing to use IvyPanda you agree to our, Production and Operations Management (POM), Successful Managers of Tomorrow Will Be the Ones Who Have a High Cultural Quotient, The Concept of Diversity in Human Resource Management, Morgan Spurlock's POM Wonderful: The Greatest Movie Ever Sold, The Hudsons Bay Company and the Northwest Fur Trade, Indoor Ski Resort in Dubai Mall of the Emirates, Batch Processing and Real-Time Processing, Dunns Ski Emporium Company Leadership Plan, The New Ski Run Project: Value and Criterias, International Human Resource Managing: Preparing Expatriate Employees, Difference between domestic and international human resource management, Employee Empowerment Problem at the Workplace, Business Memo: Impact of Technology on Quality of Work. The insufficient supply of 7,000 units per year leads to two important decision of the. double-spaced Times 12 font . The system is owned by Epic Systems, formerly Episodic Care, a large provider of HIT (health information technology) and is mainly utilized by health providers in accessing, systematizing, storing, and distributing EMRs. The course comprises of several topics. After completing this course, several suggestions can be provided regarding my part of the topics. Cost cutting measures such as outsourcing and lean production also require a lot of money for implementation (Vinod and Rich, 2011, pp. In this assessment you will have the opportunity to present evidence that shows you are able to: 204-208. Blecker, T., 2005. ?>. The whole course work has given me a lot of knowledge about operations management, most of which was unknown to me previously. the course are crucial as this information gives me an overall look at the entire process of a The reflection paper should present the key learning's you derive from the lectures, simulations, the Boeing tour (boeing tour notes will be attached) and reading the book Joe's Garage. We use Latent Semantic Analysis on 21,053 abstracts representing all . Strategy And The Global Competitive Environment: 526109, Influence of Different Factors on the Risk of Breast Cancer-2135074, Ethical issues In Artificial Intelligence-2140266, Employability and Career Planning -2123585, Theoretical Therapeutic Approach -2110287, Operations Management is essential for any commercial sector, Operations Management should be carefully implemented by all commercial sectors for proper operations, manufacture, delivery of services or materials as ordered by customers and clients, Operations Strategy is necessary for structuring the plans for operations management, Every commercial sector should have Operation Strategy prepared for the success of their commercial activities. The marketing team develops a sales plan for the coming 3 to 18 months. Lastly and most importantly, the management must decide on the communication channel to be used in the firm. Institution This reflection includes the key points, support reference and the demonstration of my own understanding about the paper itself and all of my personal understandings are based on the learning outcome of this paper. From http://safeshaikh. In a business, Operations Management is an area of management that is involved in the process of planning, controlling, and supervising the manufacturing and production processes. Acceptable work conditions such as safety standards and ability to join unions are decisions which should be made. Before undergoing the course, I did not have a clear idea how to be a successful operations manager. Retrieved on November 8, 2010. The House On Mango Street By Sandra Cisneros, Reflected Appraisal Theory In Finding Nemo, The Routes Of Slavery Assignment : The Transatlantic Slave Trade. Thus, decisions must be made concerning the acceptable costs, quality, as well as, production schedules. On the first day of the class, the teacher discussed abo, Chapter 1. Complete your reflections by responding to all prompts. The fundamental concepts of operation functions and the computer-based systems from Download. Production and Operations Management (POM). Whether they are from the manufacturing sector or service sector, the need for cutting the unnecessary costs, achieving maximum efficiency, and implementing operations management strategies is increasing with the passage of time. POM functions include but not limited to plant management, production control, systems analysis, and cost controls. Any restructuring initiative aimed at solving the current operations crisis will require significant amount of financial resources. New York: McGraw-Hill. Production management aims at achieving four objectives namely, right quality, right quantity, right time and right manufacturing costs (Wang, Li and Obrien, 2010, pp. Essay # 1. Learning Team Reflection - Week 3 2. STANDARDIZATION in Production and Operations Management - STANDARDIZATION in Production and Operations Management courses with reference manuals and examples pdf. The objective of this paper was to demonstrate that using different production methods on the same plant and equipment lowers production efficiency. 1.5 Suitability of Systems of different food outlets. The companys decision to venture into the production of commercial ski furniture seems to be the root cause of its production problems. This process is also called aggregate planning. Every process that a company employs to meet its strategic goals is a result of operations management. The conclusion is approaches in Operation Management play an important role in order the improve the quality and the performance of the company especially Small Medium Enterprise (SME) company. Each customer gives unique specifications on how his or her furniture is to be manufactured. Financial management (2010, para.1) defines financial management as planning for the future of a person or a business enterprise to ensure a positive cash flow. The high cost is, perhaps, a reflection of the complex planning and control associated with batch production. Operations management (OM) is the business function responsible for managing the process of creation of goods and services. Implementing the trade-offs requires proper organization. Operations strategy. There is one major disadvantage that can be the stoppage of production or delivery of services if inventory is not delivered at the right time. We also discussed about the similarities and contrast of service and manufacturing, organizations and I also learned that operations management, two decisions that is the tactical decision which focuses on the specific day-to-day issues like, resources need, schedules, and quantities to produce; and strategic decision which focuses on the. Focused Improvement: We use 4Ms to help structure the team's thinking within the analyse phase of our standard DMAIC (Define, Measure, Analyse, Improve, Control) framework for focused improvement. 1. Attempts to solve the operations problems, thus, are likely to focus on either cost cutting measures or expanding the production capacity. Hameri, P., 2011. Toyota has practiced project management in most projects. please make a reflection paper for the operations management course, minimum of 2 pages, Other flexibility strategies include providing employees protected and reliable access to information, effective business processes with partners, convenient delivery of products and services, and easier to work together as one organization. The degree of labor and customization provides better customer satisfaction, customer loyalty, increased ordered and sales, less wage costs, and service variety. Production and Operations Management (POM). In particular, the capacity constrain directly impacts planning, organizing and controlling activities. Operation management can be defined as "a configuration of resources combined for the provision of goods or services" (Morris, 1978). 1. Businesses could competitively compete to other business or gain more trust from their customers, if they could easily identify the wants and needs of their customers, if they could give appropriate, value to their product, and if they could, their product and service design, cost, location, quality, and even quick response. Daily Management System: It is often the routine application of the 4Ms in a simple one page format that best engages and enables the problem . I learnt that the process innovation of the company plays a significant role in accomplishing efficient differentiation. could deeply comprehend them. Economia, Seria Management, 8(1), pp.169-175. Operations management. For instance, the production manager must make decisions on role structures, as well as, flow of information in order to coordinate the production of both commercial and custom furniture. with free plagiarism report. Each production method requires different skills, and is associated with different production costs and safety standards (Wang, Li and Obrien, 2010, pp. In my further reflection of the paper I had focused on some topics that I found easier to complete and other topics that did challenge me. a supply chain will be collected and summarized into different reports. This illustrates the reduction in the efficiency of the production plant. Fields - 1 Course Reflection Essay Before enrolling in this BUS 400 "Production and Operations Management" course this spring, my first impression of operations management was that this style of management deals with the processes and ideas managers use to help solve work issues. 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