Wednesday, February 26, 2020

Operations Management in Action Essay Example | Topics and Well Written Essays - 1250 words - 1

Operations Management in Action - Essay Example These are the same operational issues affecting Zorro Organization. Operations management has the sole role responsibility of ensuring that an organization’s business operations are both efficient and effective. Efficiency is directed on reduction of wastage, delays and improvement of services and goods offered to a client such that they are of high quality. This requires designing a system that will ensure smooth running of operations. As Lee (2009) clearly puts it, the very first stage is to design an operations system. Here, Zorro Organization determines the kind of service they are going to offer as per the client’s instructions. The service to be offered in such a way that it will not overuse the organization’s resources, but it should also be operational and satisfy the customers’ needs. The next thing is planning how the resources available will be used to ensure that the service offered is up to the customer’s standards. To offer some services, more resources in terms of staff and time are required. The management plans this during this stage so that the customer gets all the required services on time. The very last stage is working with the various staff or teamwork to offer the service. This information was obtained from the human resource manager of Zorro Organization. Having looked at how the operations management system of Zorro Organization works, let us now look at some of the problems, issues and challenges it encounters. One of the major problems is globalization; there are so many regions in the world and in each region, there is a difference in operations management. Each region has its own unique strategy in operations management. This leaves the organization with the question whether their facilities in different parts of the world should use their own operation management systems or uniformity should be inherited from the mother company. For instance, in some

Monday, February 10, 2020

Toyota Motor Corporation Research Paper Example | Topics and Well Written Essays - 750 words

Toyota Motor Corporation - Research Paper Example Apart from that, TMC remains ahead on contemporary concerns dealing with additional corporate conscientiousness of the earth, as well as environmental issues. Apart from launching the production of modern vehicles, TMC engages itself in the manufacture of the IMV Project in India, Argentina and South Africa, for the creation, as well as identification, of more efficient and productive supply systems on the global scale. TMC is much more than only a car company, residing in a number of geographical sites, working to promoting vehicle production while, at the same time, promoting continuing advancement in the mobility’s experience, striving to improve a society (Young, 2007). TMC gets credit for being the leading company in market shares in Australia while, at the same time, commanding an impressive part of the United States’ market by accounting for 1.61B shares out, regarding a market cap of not less than 207.44 Billion. This is in supplement of momentous market shares in Europe, Africa, together with the fast-developing market presence in Southeast Asia. Therefore, TMC is on its way to turning into the largest, while, at the same time, the most successful auto manufacturer globally, thereby quickly proceeding in outdoing its extensively challenging competitors (Rittenberg, 2011). The primary executives in TMC appear to be making it a lifetime investment compared to the turnover rate, as well as attrition of various corporations. Undoubtedly, this is partly an attribute of the family-leaning, team-driven and at the same time ethically-motivated environment emulated by TMC; apart from that, there is a notable and impressive level of participation exhibited by executives at the level of management. Fostering authentically reciprocal, dynamic, highest officials, tend to be profoundly engaged in all the facets of the company, in most cases presiding over a number of aspects, while always endorsing the underlying ethical principles of the business phil osophy. An instance of this esteemed individual commitment is portrayed by Mr. Suzuki who is the Chief Financial Officer, while performing several other duties like Chief Business Development Officer, as well as Chief Accounting Officer; the same situation is with other relevant Toyota personnel. This degree of commitment, along with the participation appears to slot in the trickle effect, pushing itself to the highest degrees, as well as working its way down. Conversely, the managers, together with personnel beneath the Board of Directors get encouragement while they are expected to be involved in inputting and creating improvements, rather than simply being the rubber stamps to the decisions delegated to them. As a result, the appropriate executives embraces such critique, utilizing this constructive criticism in the creation of a better product, advanced work environment, as well as improved production approaches (Plunkett, 2006). Unlike the majority of American companies, TMC ac knowledges the value found in valuing employees considering that, eventually, it is their performance along with the motivation that is capable of making or breaking the production together with the financial success of any organization. However, there are crises, such as