A Study Of Key Operations Management - 2397 Words

Naseim Meah 12415675 Supply Chain Operations Management BUS3008 A study of key operations MGT concepts Tim Peacock 08/12/2014 2,377 Word Count Introduction In this assignment I will define, compare and contrast the management concepts and outline how they are similar and how they interrelate with each other. I will also outline how the concepts will help an organisation improve its business processes. The four concepts I will be using in this assignment will be as follows: †¢ Just in Time †¢ Kaizen †¢ Benchmarking †¢ Total Quality Management Just In Time Strategy The concept Just in Time is a management strategy system in which the materials or products are made only as when the demand requires. Inventory strategy businesses employ this strategy to increase its efficiency and decrease their waste by getting goods only as when they are required in process of production. This will also reduce stock costs. This concept is different from the others as it mainly targets the inventory and products. The kaizen concept will also help in a way as it is promoting good change it will change the way the business behaves and improve its functions. By improving the ways that the business is being run it performs better, therefore demanding products or materials only when it is needed. Benchmarking is also similar as is determines what are where improvements are needed; it focuses also on the policies, products and services and strategies. The concept Total Quality ManagementShow MoreRelatedKey Features Of A Help Desk Essay1244 Words   |  5 Pagesbusines s. The help desk is the lifeline of the organization as it handles the entire business from one section. The helpdesk streamlines the business operation by providing the much needed information all across the business that helps in making effective decisions. 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