Monday, January 6, 2020

Operational Functions Of Operations Management - 1094 Words

INTRODUCTION Operations management is the process that transforms inputs into goods and services that add value for the customer. It maximises efficiency and effectively fulfils customer needs. Operations are one of the three strategic functions of any organization. This means that it is a vital part of accomplishing the organization s strategy and ensuring its long-term survival (Boundless, 2015). Characteristics of Operations Management †¢ Core function in an organisation †¢ Exists in every type of department †¢ Most businesses are supported by operations, marketing and finance The areas that determine effective operations management - †¢ Service, product design †¢ Quality management †¢ Process, capacity design †¢ Location †¢ Layout design †¢ Human resources †¢ Supply-chain management †¢ Inventory management †¢ Scheduling †¢ Maintenance COMPANY PROFILE BlackBerry Limited (formerly known as Research in Motion Limited) is a mobile communications company introduced in 1999. It provides software for managing mobile devices. It offers platform for messaging like BlackBerry Messenger. BlackBerry s software and hardware products are used worldwide by various government s agencies and by car makers and industrial plants throughout the world, much of this activity being unseen by the public. Their increase in popularity and market share led to stiff competition against Apple and android. BlackBerry (BB) has its own OS named QNX. A Canadian Telecommunications andShow MoreRelatedOperational Audit1064 Words   |  5 PagesNATURE OF OPERATIONAL AUDIT †¢ Also known as management audits and performance audits. †¢ Conducted to evaluate the effectiveness and/or efficiency of operations. †¢ Examinations of all or part of an entity to determine the degree of its operational efficiency, effectiveness and economy. †¢ Also refers to the auditor’s study of business operations for the purpose of making recommendations about economic and efficient use of resource, effective achievement of business objectivesRead MoreOperational Plan For A Strategic Plan991 Words   |  4 Pagesconnected with these actions. The operational plan should apply to the life of the strategic plan, but should be reviewed on a regular basis to ensure sufficient progress is being made towards achieving the objectives and so priorities can be revised as necessary. 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Johnson Johnson Company and the Information Tehnology managers have developedRead MoreOperations Management : Business And Information Technology Essay1361 Words   |  6 PagesOPERATIONS MANAGEMNET ASSIGNMENT 1 Submitted By Parmod Kumar STUDENT I.D 150006189 Graduate Diploma in Operations and Production management MANUKAU INSTITUTE OF TECHNOLOGY FACULTY OF BUSINESS AND INFORMATION TECHNOLOGYâ€Æ' Introduction Operations are set arrangement of services and resources that used to the production and delivery of products and services. All our daily activities like buying goods from countdown, we go to bank for money, library for books, and watching movies inRead MoreThe Quick Rate Of Progress Of Corporate Business1323 Words   |  6 Pagesâ€Æ' Table of Contents 1. Introduction 2 1.1 Operations as key function 3 1.2 Operations as transformation process: 4 2. Perspectives of operations management 5 3. 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To better understand the meaning of operations we must examine organizations functions and distinguish the relationship between them. All organizations have marketing, accounting finance and products / services development functions. These functions are known as major which are supported by human resources, purchasing and engineering support functions. Thus, organization functions have activities

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