StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Management of resources and operations - Assignment Example

Cite this document
Summary
Management of Resources and Operations Introduction Operations and strategy are inextricably connected factors. Strategy is dubbed as the plan that helps an organization to reach the objectives and operations is the process that takes the company towards fulfilling its objectives…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful
Management of resources and operations
Read Text Preview

Extract of sample "Management of resources and operations"

Download file to see previous pages

Tactically the major objective of operation management is to make use of the system of operation of the firm and offer the most appropriate solution that matches with the supply and demand condition (Dhillon, 2002; Kaynak, 2003). Thus the management of resources and operation is considered as one of the pivotal tasks of an organization. Operations management takes into account the planning and coordination of work activities. The allocation of resources is another major area of operations management.

In this study, a critical analysis of Logoplaste, a Portuguese based plastic manufacturing company will be evaluated. Logoplaste: A Brief Overview Logoplaste is a Portuguese based company involved in the production and marketing of rigid plastic containers. The company is a part of the industrial group and manufactures their products for some of the highly regarded and prestigious companies of the world. Logoplaste was incorporated in the year 1976 and since then the company has continuously offered quality products to the customers.

The company caters to a wide customer base such as the personal care sector, beverage sector, oil industry, household care and lubricant sector to name a few (Logoplaste, 2013). Logoplaste has pioneered in-house production in Europe and supplied plastic bottles to clients from different parts of the world. In the last 37 years, the company has added several feathers to its cap and has been able to achieve a strong position in the market place. Today, the company manages the operation of 60 factories across the world and also manages a staggering figure of 350 equipments.

It has now presence in 16 countries which are Canada, Brazil, France, Belgium, Czech Republic, Netherlands, Malaysia, Mexico, Italy, Spain, Portugal, Russia, Ukraine, Vietnam, USA and the United Kingdom. In terms of management of the operation and resources, the company depends upon the managers. A detailed analysis of the company’s operation and management of its process will be done in the second section of this study. In the following section important theories related to operation management of a firm will be highlighted.

Managing Operation as a Strategic Function Operation management is a key business function which overlaps with the other business functions such as finance, marketing as well as human resource. Eminent scholars such as James (2011) defined operations management as the management of processes required to deliver the goods and services to the end consumers. Echoing this concept, Hill (2005) emphasized on the fact that operation management is to manage the process of transformation of the organizational inputs to the end products.

Hence, the role of an operation manager is to oversee and allocate the resource involved in the entire process of service delivery (Pande and Holpp, 2002). The operation management plays a decisive role in shaping the long term capability of an organization and heavily contributes to the overall organizational development. For example, Sousa and Voss (2002) states that the management of operation and resources allows a company to satisfy the market requirements as well as make decisions pertaining to the deployment of resource (Prajogo and Sohal, 2006).

Moreover, reconciliation of the market requirements is also possible with proper operation managem

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Management of resources and operations Assignment”, n.d.)
Management of resources and operations Assignment. Retrieved from https://studentshare.org/management/1491567-management-of-resources-and-operations
(Management of Resources and Operations Assignment)
Management of Resources and Operations Assignment. https://studentshare.org/management/1491567-management-of-resources-and-operations.
“Management of Resources and Operations Assignment”, n.d. https://studentshare.org/management/1491567-management-of-resources-and-operations.
  • Cited: 0 times

CHECK THESE SAMPLES OF Management of resources and operations

Systems and Operations Management

SYSTEMS and operations MANAGEMENT Professor/tutor University/college Date Table of Contents Table of Contents 2 Introduction 3 Role of Human Resource Management in operation 3 The problems that Ninak Fireworks Ltd face in operation and customer satisfaction 5 A Mind Map that can be used at Ninak Ltd 8 An analysis of how to improve operations 9 References 12 Introduction The successful management of human resources is vital in the realization of an organization's objectives.... Role of Human Resource Management in operation As mentioned previously, management of human resources is important for success of any organization....
8 Pages (2000 words) Assignment

Integration of Operations Management with Human Resource Activity

On the other hand a seeming diverse field, equally important in a successful organization is effective operations Management (OM).... hellip; operations of explain or influence the impact the effects of human resource activities like recruitments, training, pays and communication.... Line managers are often people from the lower ranks of the management hierarchy and lack formal management training.... According to a study conducted by the Bath University for theChartered Institute of Personnel and Development (CIPD), these line managers carry out several HR activities like training, communication and people management, discipline and grievances and performance appraisals....
4 Pages (1000 words) Essay

Operations Management - Just in Time and Material Resource Planning

Following Just in time system increases production efficiency and gives a competitive advantage while reducing costs and working capital requirements. Running Header: JIT & MRP operations Management - Just in Time and Material Resource Planning Just in Time - Inventory planning and ControlJust in time is a popular production technique that has been for long acknowledged by manufacturing companies for optimizing production through decreased inventories, reduced downtime and optimized work and storage space....
2 Pages (500 words) Essay

Role of Information Technology

This exercise will help the organization to achieve early materialization of break-even point by the early realization of fixed costs and even reducing the marginal cost to increase the profitability of the organization by means of standardization, effective budgetary control, early visualization of future needs/threats, risk-analysis, and guiding the management to address the vulnerability of opportunities, and control IT sources to proactively manage risk and keep business up and running, through optimal solutions and integrity of business-critical operations, reduced storage costs, increase in productivity, lower transaction time, reduced business operating costs, reduced document retrieval time, faster and easier access to information across the enterprise, improved workflow efficiency, and access to the database by management for effective decisions....
13 Pages (3250 words) Essay

Gap between Management Theory and Practice

anagers: manage the operations and employees by their rule of thumb and need of the hour.... management is a binding force for almost all aspects of a company.... Managers perform people management in the organization.... Olum described a diverse range of functions that come under the flag of management; ranging from planning to monitoring, from hiring to employee development.... … Many management theories have been developed that guide the managers about the art of managing effectively....
10 Pages (2500 words) Essay

Human Resource Management Transformation from Primarily Administrative and Operational To Strategic

By In 1980's notably the term “Human Resource management” was introduced from USA.... The main transformational period of Human Resource management started from 1945 when “Personal management” was given immense importance due to the post world war II scenario.... Employment management & welfare work were categorized in Personal management.... Regarding Personal management, Bill Hewlett, co-founder of Hewlett Packard HP said: “the role of personnel is to enhance the quality of management”....
3 Pages (750 words) Research Paper

Achieving Financial Targets and Customer Satisfaction

The hospitality industry may also be considered a critical field amidst the extensively of its growth.... In fact, Ford, Sturman, and Heaton (2012 p.... 4) stated that normally, the… y industry constitutes business and companies that “offer guests courteous, professional food, drink, and lodging services, alone, or in combination....
12 Pages (3000 words) Essay

Human Resources of Operation Management in U Soft

This paper aims to study the performance gaps in the human resources management of U-Soft, a software firm that has been unable to meet the expectations of its workforce.... Starting with a brief overview of the company, SWOT analysis and identifying the current gaps in the recruitment and working environment form the basis for recommending solutions to problems caused by the insufficient and ineffective management of its workforce.... hellip; It is this domain which actually handles and manages all other functions namely finance, operations, marketing, and productions....
15 Pages (3750 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us