Operations

?

OPERATIONS 

Operational Objectives

  • High efficiency 
  • High capacity utilisation 
  • Low unit costs
  • High quality

Economies of Scale 

Unit costs fall as the business expands. Example include:

  • Bulk buying 
  • Technological 
  • Managerial 
  • Marketing

Diseconomies of Scale

Unit costs rise as the business becomes too big. Examples include:

  • Communication problems 
  • Poor co-ordination
  • Low morale due to employees becoming alienated

Innovation 

The successful commercialisation of new ideas. Can be either new products or manufacturing processes.

Benefits include:

  • First mover advantage 
  • Improved reputation 
  • Improved quality and efficiency

Problems include:

  • High risk of failure 
  • High cost 
  • Danger of competitors stealing your ideas

Implications for a strategy of innovation:

  • Financial- sufficient funds available
  • HR- do employees have the necessary skills and experience
  • Operations- required machinery and capacity
  • Marketing- market research required to identify new opportunities
  • Attitude of senior managers- prepared to take the risks required?

Location

Factors influencing location decisions include: 

  • Technology 
  • Cost of land and labour 
  • Infrastructure 
  • Need to be close to resources or market 
  • Qualitiative 
  • Availability of goverment grants 

Issues relating to international location include: 

  • Relative costs of land and labour
  • Quality of the overseas workforce 
  • Communication and co-ordination 

Lean Production 

  • This consists of:
  • Critical path analysis 
  • Just in time
  • Time-based management
  • Reduced lead times 
  • Shorter product development times 
  • TQM ''total quality management''- ensures that the quality of the product meets the requirements of customer.

Benefits of Lean Production

  • More effective use of time e.g. quicker new product development, faster production 
  • Less waste 
  • Better quality 
  • Improved efficiency
  • Higher staff morale

Issues with Lean Production:

  • Need for extra training 
  • Need for reliable suppliers for JIT
  • CPA is dependent upon accurate data

PEOPLE

HR Objectives

  • Labour productivity 
  • Labour turnover 
  • Absenteeism
  • Employer/ employee relations

'Hard' HR

  • Views the workforce that needs to be fully utilised

Comments

LeaBrevik

Report

I can say that it's important to find a reliable essay writing service for students of final years of studying. That's a real blast to find a good qualified company with essay writing services, so that the academic paper will be written for the highest grade. here http://fingerlakes1.com read more information about this kind of services.

signsofinfertility

Report

INFERTILITY MALE

Infertility in males is a condition where a man is unable to produce offspring. It is a common problem that affects 1 in every 20 men. The most common cause of infertility in men is sperm abnormalities. Other causes of infertility in men include blocked sperm ducts, low sperm count, and retrograde ***********. Treatment for infertility in men depends on the cause of the problem. If the problem is with the sperm, then treatment may involve surgery or medication. In this blog post, we will get to know more about male infertility. Read more here https://signsofinfertility.com/infertility-male/

Zastavka

Report

Thank you very much for the information provided
charlesch18

Report

Basically, an enormous screen stores pictures of each outfit a customer takes a stab at and afterward shows those pictures at the same time. Notwithstanding, <a href="https://nonstoptechno.com/category/headphones/">headphones</a> regardless of [url=https://nonstoptechno.com/category/headphones/]headphones[/url] whether somebody can think about themselves wearing their outfit they'll presumably return home for their accomplice to express something like "for what reason did you purchase that tone?"

keymarketing0

Report

Finding the perfect marketing partner can be a difficult task, but Digital Marketing Company Jaipur has made it easy for you! Our team of experts understands the importance of strategic marketing and understands how to implement it.
jameslambi

Report

Buy Magic mushroom from our store and get fast delivery within UK , USA , CANADA , AUSTRALIA and other European countries. We are one of the best supplier of top quality magic mushroom and mushroom chocolate bars. We are based in United Kingdom and have branches (Agents) in many countries like United State , Canada and many other countries. Bellow are more samples of our products and details about our product and delivery.

jameslambi

Report

Buy fake money online from FAKE MONEY BUSINESS who are based in USA and Germany and produce high quality fake money for sale. Fake Money Business is one of the best producers and suppliers of high quality undetectable fake money sellers in the world. We produce Dollars , Euros , CAD and many other currencies. Also we ensure that if you buy fake money from our store you will get it delivery in the shortest of time. Bellow is video of our Quality fake money for sale.

jameslambi

Report

Our counterfeit money have been carefully made so much that you can’t differentiate it from the real money. Also our fake money have been tested and have passed all fake money tests. Bellow are some sample of our Bills for sale to enable you buy counterfeit money online.

razaseo

Report

The Swiss law firm Goldblum and Partners AG has offered services since 2007 and is a fully independent advisor and counsel for all clients. Debt collection