Introduction – Operation, Technology and Management Plan
This paper will provide the operation, technology and management plan for a new company, Denise’s Scrapping with Style (DSS). First, this paper will create an operations plan for this company using a readily available template. Next, it will provide a rationale for the competitive advantages section using appropriate functional-level and business-level strategies to explain the competitive advantages. Further, this paper will describe my research and development activities and explain how they will contribute to the company. Also, it will create a technology plan for DSS using a readily available template. Next, this paper will provide a rationale for the personnel needs section by incorporating appropriate functional-level strategies. Further, it will create a management plan for DSS using a readily available template. Also, this paper will outline DSS’ company management hierarchy using a readily available flow chart as a guide. Finally, this paper will provide a rationale for the management structure and style section by incorporating appropriate functional-level strategies.
DSS Operations Plan
To best establish an efficient operations plan, it is best to analyze the specific information related to DSS’ operational processes. According to Abrams, the operational section of a business plan should emphasize certain aspects of its operations to include: key characteristics, competitive advantages, cost
2.3 Implement operation plan within own area of responsibility; The operational plan that I have submitted is from my area of responsibility, this has been devised by using the organisational strategy and working out my areas on responsibility. This allows me to have an end goal and then I need to plan how to achieve it. Once this is done I can work out a step by step plan of what needs to be done and by whom. This is all added to the plan along with any other obligations that will arise like staff supervision and appraisals and monitoring. I can then arrange the plan so that it is ordered by
Operations management is essential for the survival and success of any organization. According to Heizer & Render (2011), operations management (OM) is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. Operations managers today contend with competition, globalization, inflation, consumer demand, and consistent change in technology. Managers must focus on the efficiency and effectiveness of processes such as cost, dependability, distribution, flexibility, and speed. The intent of this paper is to discuss the processes and operations management of the Kroger Company.
Operations refers to the transformation of raw materials(inputs) into finished products(outputs). The operations process is one of the key business functions and is a crucial component to business success. Like every business, Qantas is affected by many internal and external influences requiring it to have effective strategies to respond to these influences. Businesses that are able to adopt and utilise effective operational strategies are able to quickly adapt and either reduce or take advantage of these influences that impact the business. The effectiveness of these strategies can measured by Qantas’ performance and whether or not it is able to hold it’s competitive advantage. How well these strategies respond to the influences on
Chase, R. B., Jacobs, F. R., Aquilano, N.J. Operations management for competitive advantage (11th ed). New York: McGraw Hill/Irwin.
Write a three to six (3-6) page paper in which you provide the following information below.
Operational strategies are the core functions of an organization because these operations intensify to produce something innovative and worthy. Organizational operations are associated with the performance and work quality of an organization because these operations are practical demonstration of a project. Companies mostly use these operations to run their functions effectively in order to have a positive result.
a) Describe the preferred timing and objectives of your business plan.Include an Excel spreadsheet with critical decsions and dates. (Refer to MGT455 Operations Management for ideas on how to present the information.)
Here I’m going to mention the strategic planning for a software company as it is my profession. Software’s are one of the important factors which control all the computerized electronic systems. So, usually software developing companies have a strategic plan and they should strictly follow through to get the goal. Here are the strategic plans for my company.
Operations management is defined as the design, execution, and control of operations that convert resources into desired goods and services, while implementing an organizations business strategy (Business Dictionary, 2015). Office Depot Inc. is one such organization that truly understands that solid operations is the foundation to the success they have had in recent years. In this paper, I will give the history and background of Office Depot Inc. and explain why they have been able to keep such a competitive advantage in the consumer and small business supply industry. Additionally, I will
Operations management is based on short term planning and objectives, utilizing resources of the company upto optimum level e.g proper employment of human resources, material and other fixed non-current assets. Above mentioned methods are being put into practice at McDonald?s to achieve the desired goals and objectives both long term and short term.
This analysis delves into the company’s operation management principles to interpret its successful strategies and offer future recommendations.
The operations of the business is critical in a business plan because it describes the main components of your business. Management duties and responsibilities can be addressed in terms of the day-to-day operations. This includes what each day of the week will entail for the schedule of the business. Likewise, many topics should cover the nuts and bolts of the business such as production and manufacturing, inventory, and distribution. Topics such as the location, employees, and equipment should be considered to provide the most competitive advantage and success for the business. Lastly, every business requires a structured form of legal registration for licensing, insurance liability and tax purposes.
Arielle Patrice, who has 12 years of experience in the industry and a credit score of 700.
This research paper will detail the development of an organizational plan for a manufacturing business. Many aspects of the organizational plan will be included. The plan will detail a vision statement, a mission statement, and a core values and statement. Other aspects of the plan will be included, such as organizational structure, business model, intellectual capital, legal structure, insurance, financial management, information technology, customer support, and a SWOT analysis. That business will be Jasper Group, a manufacturer of hotel and motel furniture, as well as college dorm furniture. The business also produces furniture for public spaces and business interiors. It is located in the Midwest section of the United States in Indiana. It has sales of approximately 125 million dollars a year.
Operations management is generally described as the planning, arrangement, and control of activities that change raw materials or an organization's input into finished products and services. The overall activities covered by operations management include the creation, development, manufacture, and distribution of products. The concept also relates to various activities such as inventory control, controlling purchases, quality control, logistics, storage, and evaluation ("Operations Management in McDonalds", n.d.). Since operations management covers the entire operations in an organization, it mainly focuses on the efficiency and effectiveness of the firm's processes.