The concept of lean management involves the use of available resources in an efficient manner. It compels an organization to reduce resource wastage, without compromising on the quality of the product or services. The operations management of a firm is focused on achieving maximum performance, by utilizing minimum resources possible. This paper deals with the principles and methods associated with lean management. Different aspects of lean management techniques used by the manufacturing firms have been discussed in the paper. Based on this discussion, the application and utility of lean management has been covered in the paper, in an organizational context.
This paper highlights on the operations management of IKEA, while focusing on the key operational issues of the company. The operational process followed by this company has been discussed in this paper, through its process hierarchy. In addition, it has also critically analyzed the role of quality management practices in meeting the expectation level of the customers. Based on this discussion, it has been found that IKEA has effectively followed the quality management practices to increase its operational efficiency.
Risk management is the process of forecasting and identifying the various types of risk on an organization and its future business venture. It is an essential part of its operations management, that ensures future sustenance of the firm. This report deals with the risk management system related to the information management system of an organization. The impacts of failure of the risk management system has also been depicted in this report. Different stages associated with the risk management process have been described in the paper.
This report is prepared with the objective of providing a clear understanding of the operation management. The inventory and purchasing at Brisbane Outdoor Power Centre has been studied to explain the objective of the research. Brisbane Outdoor Power Centre operates through three retail centers in Queensland. This report highlights the differences in different types of management and problem-solving recommendations which could help the company in securing a better organizational structure. The success of these changes depends upon the coordination prevailing in the company and the transparency in communication with the employees and buyers.
Operations management is one of the main functions which shapes the production process of an organization. In this paper, the operation of Chicken Cottage has been chosen to illustrate the impact of operational challenges. The supply chain of Chicken Cottage has been illustrated and issues related to its operation management is provided. The supply chain management (SEM) of Chicken Cottage, which involves manufacturing and distribution of the food products to the customers, is based on a simple rule of franchising.
This paper has focused on the supply chain management issues of Unilever. The overall supply chain management (SCM) process of the company has been critically evaluated in the paper. In addition, strategic planning for developing sustainable SCM process has been incorporated in the paper. Furthermore, risks related to the development of sustainable SCM process has been described in the paper. A financial planning for developing sustainable SCM in Unilever has been included in the paper.
This assignment intends to focus on the four key tasks related to project management. The first task deals with the leadership style required for a project manager. The second task concerns with the team building and motivational approaches essential for achieving the objectives of a project. With the help of MS Project software activity planning for the concerned project has also been represented.
The case of Braccialini, a leading Italian leather manufacturing brand, has been investigated keeping in mind the brand’s operations management strategies. The purpose has been to evaluate the strategic roles of different operations followed by the brand. Prioritizing strong indigenous culture has been a major reason behind the brand’s success and the top management ensures the culture is integrated within the work procedure. Braccialini’s leadership is found to be consistent across different geographic regions and the brand has recently increased the strategic alliance with different international brands in order to ensure sustainable business development.