Global Operations Management - Essay Example

Only on StudentShare

Extract of sample
Global Operations Management

As manufactured products are tangible, customer demand can be anticipated and products may often be produced, transported, and held win inventory until customers need them. This allows manufacturers flexibility in deciding when to produce products. Inventory can be used as a buffer between a stable production capacity and a highly variable customer demand. This means that when production levels are held constant, in periods of low demand inventory levels of finished goods will climb, and in periods of peak demand inventory levels of finished goods will fall. This is not to say that all manufacturers inventory finished goods, because some manufacturers choose to wait until products are demanded, then produce the products and ship them directly to customers. Services cannot ordinarily be produced in advance of customer demand and must be delivered to customers at the time of demand or later. This means that service operations must ordinarily plan production levels to approximately equal customer demand.
With manufactured products, customers do not ordinarily intrude into the manufacturing process. In fact, customers have little contact with the manufacturing system in most cases. In service operations, however, customers are routinely involved in the production process. ...Show more

Summary

The points below only describe the characteristics of services and manufactured products but only on the polar extremes of the continuum because while some service organizations are strikingly different from manufacturers, other service firms can provide both tangible products and intangible services…
Author : cleta61
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Global Operations Management"
with a personal 20% discount.
Grab the best paper

Related Essays

Handling Strategic Management for Global Operations
This is the reason why many traditional organizations take the option in changing the way they approach the business world in attaining their goals of gaining profit. Among the corporations usually changing their systems are publishing business corporations.
11 pages (2750 words) Essay
Operations Management
According to the discussion Nokia provides apparatus, solutions, and services for network operators and corporations. Nokia is a largely held corporation with program on four foremost exchanges. Nokia comprises four dealing groups and two straight groups that carry the mobile device industry groups.
7 pages (1750 words) Essay
Operations management
But, after the merger there appeared some gaps in managing the HR, IT, working culture etc. which necessitated making extra efforts only to bridge those gaps. These developments seem to have taken good amount of time and resources of DC, as is apparent from the case study.
8 pages (2000 words) Essay
Operations Management Essay
In particular, when considering the work of Multi National Corporations, one cannot stay oblivious of the circumstances that are prevalent globally, as the entire world stands as their domestic customer. The economic risks due to international issues can primarily include risks of: cancellation or non-renewal of trade licenses, conflict and political unrest, confiscation of the importer's assets, imposition of unforeseen import bans, imposition of exchange controls, and surrendering of political sovereignty by the host country.
2 pages (500 words) Essay
Definitions of Operations Management
This paper reports on research aimed at operationalising the Hayes and Wheelwright four-stage model describing the strategic role of operations management. Operational activities are central to the provision of services and/or goods. Every organization provides a product and service combination.
10 pages (2500 words) Book Report/Review
Global Operation management
There are many different strategies that can be used to operate globally and each company will have its own. Keeping up with current global trends is a must for many companies. PayPal is a company that started off in
1 pages (250 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT