Operation Management Research Paper Example | Topics and Well Written Essays - 3000 words

Operation Management - Research Paper Example But what is common in all those examples is that they get some input, either in materials, or in services, they process it with the help of manpower and machineries, they provide customers with some tangible benefit. This whole process is operation Management. As seen from the above examples, the roles of operational management can be widely varied. In the smallest example of manpower handling, the operations manager of a mining organization where he handles unskilled workers and the operations manager of software company, where the operations manager handles highly skilled manpower. The strategy of handling manpower in these two cases will be entirely different. The total gamut of operations management includes: During Product Design stage: Matching Product Design with demand, perceptible and implied, production feasibility in terms of cost, competition etc. Product Planning stage: lifecycle, Costs, Revenue and Profit during life cycles, Entry and exit strategies, Produce range, Quality, cost of quality, Total quality management, Forecasting of supply demand availability or input sources Process Planning, Capacity Planning, Short time schedule, long term schedule, Material requirement Planning, Just-in-time operations approach Maintenance and Replacement of Plant and Machinery In the following chapters we will look into all the above aspects of operation Management in detail. Operation Strategy: The first aspect of operation management is operation strategy. The operation strategy of an organization includes its range of products, the processes involved, its employees, its location, its infrastructure facilities, and its relation with customers. The main thrust of operation strategy is its direction by... The first aspect of operation management is operation strategy. The operation strategy of an organization includes its range of products, the processes involved, its employees, its location, its infrastructure facilities, and its relation with customers. The main thrust of operation strategy is its direction by which it is going to meet the customers' demand and satisfaction. The operations strategy is framed in general terms without specifics and describes the features of the products and processes rather than details. The steps to a operations strategy include:1. Analysis of business strategy of the organization,2. Using this analysis goal are set which the operation strategy must meet.3. Analysis of environment like market, customer, competition, location availability of manpower, products, change environment4. Identifying the factors of the process like capacity, quality, technology, which will give distinctive advantages5. Designing of organizational structure, controls, and fun ctions to support the process6. Defining of monitoring systems for measuring performance.7. Continual improvementThe success of a company depends on its well-defined operation strategy and implementation of the strategy. The failure of the strategy generally is attributed toBadly designed, unrealistic, not implemented properly, not related to actual operations, ignores the key factors, lack of support from the people who are supposed to implement them.Once the operation strategy is made then the next important aspect is product design.