Thursday, November 21, 2019
Strategy and Operations Essay Example | Topics and Well Written Essays - 2500 words
Strategy and Operations - Essay Example The operational level deals with production and control, inventory management, material handling, equipment maintenance policies and inspection and quality control. Tactical level deals with plant layout, structuring, equipment selections and replacement and project management. Strategic level deals with fixation of location and size of the manufacturing plants, and also deals with the structure of networking and services and developing technology supply chains (MIT Sloan School of Management, 2010). The operations function of any company moves in the direction on what the companyââ¬â¢s business is all about. If the organization is into a manufacturing business, then itââ¬â¢s an operation that produces the products. If the organization is a service provider, then operations offers the services. Operations management involves managing various segments of operations (Krannert School of Management, 2010). The operational management provides the manager with the tools and techniques in performing the operational, tactical and strategic levels of operations in the organization that produces goods and services. Operations management is a vital part of business that deals with the production of goods and services and engages the accountability of certifying the business operations that are effective and efficient. It is the management of resources and the allocation of merchandise and services to consumers (Technology for Future, 2010). This process is popularly used in garages, service shops, furniture restorer, printers that produce tickets for the local social event and includes numerous precision engineers such as specialist tool makers (Slack & Et. Al., 2010). In this process identical units are produced in a group called as batches. The units in one batch may differ significantly with the other batch. Each batch is different from other as the designs are different (Caplan, n.d.). This process is
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