Operations management Essay Example | Topics and Well Written Essays - 2000 words - 2

Operations management - Essay ExampleOperations management in an organisation is concerned with the management of people, processes, technology and other related resources in order to produce quality goods and services. In general Operations Management is concerned with the following four interrelated modulesii. come out bowed stringed instrument modelling Supply chain forms the backb i of any company and for a production company in particular, the implementation of TQM policies can only be political machineried out if the supply chain is reliable and quality consciousiii. World class production systems This aspect can be actually well taken care of by the man-to-man company. But the rapid pace with which technological advancements is taking place calls for regular updates on production requirements as well.Lowering the production costs is indeed one of the tried and tested formula for achieving break even and promising profitability for any organisation. But under the globaliza tion regime costs is not the run aground factor for the long term survival of the business prospects. Small (1998) contends that, Over the past two decades there has been a shift in the basis of controversy in manufactured product markets. Firms that previously focused almost exclusively on lower costs have ad mediocreed to a focus that places just as high and often higher premiums on quality and flexibility. Therefore managing the operations of an organisation requires it to adjust to these changes. Advanced Manufacturing Technologies (AMT) is the name given by pains experts to the technological advancements being implanted in the production sector.Managing DiversityLiberalization and globalization has opened up newer vistas of trade and business all around the globe. The car market in particular has become very competitive with major players like GM, Ford, Toyota, Audi, BMW, VW etc. besides the local players in some markets. With technology vie a major role in advancement of t he features in a car, IT/ICTs help in making the car more intelligent has become very crucial. Besides adding features into the car itself, IT plays an important role in coordinating different aspects related to other departments. Developing effective marketing communication techniques is another such area requiring contribution of IT. Therefore, it appears from the case study that Daimler-Chrysler (DC) has its hands full. The company has not only to take care of the merger after-effects, but it has to keep the company create from raw stuff to take on the competition from other car makers. As of now the wide culture gap between Stuttgart and Auburn Hills appears to be causing withal many problems for the company. The global economy has made it almost mandatory for international corporations that an effective strategy is adopted for managing the diversity. Companies are moving towards flatter organisational structures, and the global economy is allowing the movement of the workfo rce across national boundaries, effective interaction amongst