StudentShare solutions
Triangle menu

Global Operations Management - Essay Example

Nobody downloaded yet

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. In such service operations such as hospitals, restaurants, and banks, the customers enter the production process, are routed to the necessary service operations, and exit from the service system. In almost all services, operations personnel need training in people skills because the key element of quality control is the way in which operations personnel conduct their transactions with customers.

Service characteristics include:
Intangible outputs
Outputs cannot by inventoried
Extensive customer contact
Short Lead times
Labor intensive
Services quality subjectively determined

Manufactured product characteristics include:
Tangible products
Products can be inventoried
Little customer contact
Long lead times
Capital intensive
Product quality objectively determined

2. The six major components of operations strategy include:

1 Positioning the production system
2 Product/service plans
3 Outsourcing plans
4 Process and technology plans
5 Strategic allocation of resources
6 Facility plans

Operations strategy is a long-range game plan for the production of a company's products/services and provides a road map for what the production or operations function must do if business strategies are to be achieved. Operations strategies include decisions on such issues as what new products or services must be developed and when they must be introduced into production, what new facilities are required and when they are needed, what new technologies and processes must be developed and when they are needed, and what production schemes will be followed to produce products/services.

3. Competitive priorities can be thought of as the things that customers want from products/services; thus, they can be used s tools to capture market share. But, all of these competitive priorities cannot ordinarily be used for a single product. Once the competitive priorities are set for a product or service, operations strategy must then determine the required production system needed to provide the priorities for the product or service.

The ...Show more


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
Global Operations Management essay example
Read Text Preview
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

Check these samples - they also fit your topic

Global operations management - multiculturalism and diversity management
Operations management is one of the core business functions which can make or break a business. It is normally associated with big businesses. Operations management involves activities like assuring quality to the customers or consumers, planning, scheduling, designing, forecasting, managing inventories, supply chain management, motivating the employees etc.
4 pages (1000 words) Essay
Strategic management plan - Global Operations Mangement
In this report, the strategic management plan of PPQ Parts for the next four years has been developed. In consideration to the information which the leaders of Precision Parts have provided to me, I have developed the following report for my client. Environmental Scanning The company that has been suggested for international expansion is China.
4 pages (1000 words) Essay
Global Operations Management
The core attribute that has lead to the growth of the company is constant range of development and superior quality of products. With an increase in demand for new balancers the company has expanded itself globally (Precision Parts, n.d). Company scenario Precision Parts based in Wagga Wagga, has grown rapidly and currently dominates the market of Australia with a total market share of 85%.
5 pages (1250 words) Essay
Global Operations Management
From the 1990s the companies have started the extensive use of software for increase the efficiency of the business. For a manufacturing company a software package is very much needed for maintaining the supply chain effectively. A supply chain management is needed for handling the customers and suppliers, for forecasting the demand, maintaining the inventory level efficiently (El-Haik and Roy, 2005, p.379), and doing this with the help of software makes the process much efficient.
6 pages (1500 words) Essay
Global Operations Management
Similarly, the components of the supply chain in the context of attaining the corporate goals of a company must be evaluated while considering the factors of strengths and weaknesses. Therefore, this paper aims at discussing the background of Coca Cola Company in terms of its supply management and satisfying the requirements of customers (Buckley, 2003).
4 pages (1000 words) Essay
Global Operations Management IP II
This strategic management plan formulates strategies that would define its best course of action. It defines functional strategies that would be implemented by PPQ Parts in order to realize its 4-year goals. They include employment rebranding strategy, marketing management strategy, strategic alliance and implementation of lean operations.
4 pages (1000 words) Essay
Global operations management
Huawei’s rapid international expansion has surprised even the more established firms in the telecommunications sector. With its continued investment in cutting edge technology, the firm is set to become one of the major challengers of the more established and Western based telecommunications corporations.
8 pages (2000 words) Essay
Global operations management
At the same time, employee turnover is significantly higher than the industry average, suggesting a need for improving the human resources system currently in place. This report
4 pages (1000 words) Essay
Global Operations Management
Precision Parts based in Wagga Wagga, has grown rapidly and currently dominates the market of Australia with a total market share of 85%. In the past five years the company had 125 people, who were engaged in making three
5 pages (1250 words) Essay
Global Operations Management
Internet and cellular phone availability are mandatory. Infrastructure is extremely important in supporting the economic growth of a region (Worldbank). The company also must have sufficient capital to
1 pages (250 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Contact Us