Operations management is one of the central functions of any organization that deals with production and business operations, involving designing, overseeing and organizing of goods and services. This area of management ensures that the business operation of an organization is working efficiently by using as little resource as possible and by effectively meeting the customer requirements. It is a broad area of study that deals with concepts like system analysis, cost control and material planning. It can be difficult to prepare operations management assignment help if the basic principles and concepts are not clear. By seeking operations management help in UK from professional management experts, students can clear their concepts and get their assignments done on time. MyAssignmenthelp.com is a trusted name that offers operations assignment help in UK, enabling students to achieve academic excellence.
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Sample Question And Solution Of Operation Assignment
BSOM046 Managing Operations and the Supply Chain
Establish the scenario for your report by selecting an organization of any type, sector, and size to focus your report on. Describe: a) Which organization is it? (type, sector, and size) b) What are the main products and/or services provided by the organization? c) Who are the main customers?
2. Prepare a literature review, charting the development of the concept of Technological Unemployment from its inception until the present day.
Ensure that you include references to at least 10 peer-reviewed articles, including the 2016 paper by Frey and Osborne that has been supplied. You may also find relevant reviews in the trade press and from other authoritative sources.
3. Apply Frey and Osborne’s findings (see Appendix A in the Supporting Materials) in the context of your chosen company.
Consider a low impact scenario, when only jobs at high risk (> 70%) are replaced by technology. How will the company change?
Report on the organization SBM group.
Establish the scenario
The introduction of technology has brought about technological unemployment because human labor has been replaced by machines. Technological unemployment is whereby employees lose their jobs due to technological change (Garry 2010, p.52). SBM Group, a Mauritius banking company is one of the companies which has introduced technology to improve its services as well as increase the market share. SBM Group is one of the biggest banks in Mauritius with over 1500 employees serving in its headquarters and subsidiaries. The services offered at the SBM group are the opening of bank accounts, money savings, and wealth management. The bank also offers insurance services whereby individuals pay some amounts monthly to secure their properties in case of any danger. Also, the SBM group offers digital banking services like online banking and bill payments, text alerts, and e-statements. The main customers of the SBM group are individuals or a group of people in business who would like their wealth to be managed by banks. Read more
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Q.1. What is Operations Management and why do you need OM Assignment Help?
Ans.: Operations management is a fundamental part of an organization. It plays an essential role in the success of any business by managing all the critical processes involved in the production.
The core idea behind operations management is the development of strategies that help improve the quality of production. In lucid terms, operations management takes care of all the resources required to deliver value-added products/services as per customer needs and business policies.
Effective resource utilization is critical for successful operations and is the core component of operations management. The subject demands excellent analytical and organizational skills. New students often require operations management help due to the inherent complexities of the subject.
Q.2. What are the main functions of operations management?
Ans.: Thetwo main functions of operations management can be categorized into customer service and resource utilization.
With the above two functions in mind, operations management exerts a vast influence on the productivity of a business.
A brief overview of both follows.
Customer services= Services as per customer satisfaction is a crucial objective of operations management. An operations manager must ensure that the products/services provided can meet customer expectations in terms of cost and timing. It's all about delivering the "right thing at the right time at the right price."
Resource Utilization = The second objective of an operations management system is the effective utilization of resources to enhance quality and meet customer demands. A significant aspect of operations management is primarily concerned with extracting the maximum out of resources and minimizing losses.
Q.3. Top Topics for Operations Management Assignment
Ans.: Given below are some great topics for operations management assignments.
Deterministic and Stochastic inventory models
Just In Time Production
Site and Location analysis
A study on tools and techniques (e.g., CPM and PERT) developed to aid the planning, scheduling, and control of projects
Ethical Issues in Operations Management
Quality issues related to enhancing customer satisfaction (both internal and external) to ensure long-term customer loyalty
A study on the methods of planning, organizing, and controlling maintenance
Q.4. What are the Principles of Operations Management?
Ans.: The core principles of operations management revolve around two primary objectives, customer service and resource utilization.
Sixteen customer-focused principles guide all aspects of an operations management process. They are:
The continual, rapid development
Know the competition
Focus on demands and expectations
Invest in HR
Repair and maintenance
Minimizing human error
Speeding up production times
On-demand production and reduced set-up times
Reduce wastage by effective resource utilization
Complete quality control
Rectification of causes that affect cost and performance
Supporting visibility management
Q.5. What is an operations management assignment?
Ans: When you are working on operation management assignments, students have to deal with designing, organising, administrating and controlling the process of goods and services.
Q.6. Can I pay someone to do my operation management assignment?
Ans: Online PhD experts are ready to assist you with operation management assignments at the lowest price. If you compare the price structure followed by MyAssignmenthelp.com with other academic writing services, you will realise the former offers assignments at the best market price. You will enjoy a signup combo offer of 30% off with an additional $20 discount.
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