Google effectively applies the 10 decision areas of operations management and productivity. Nonetheless, the company applies the 10 decisions of operations management in all of its business activities. In operations management, these 10 decision areas address the various activities that contribute to organizational success.
Walmart successfully applies and addresses the 10 decision areas of operations management for productivity. These decision areas pertain to the issues and concerns that managers face on a daily basis. Design of Goods and Services.
This decision area of operations management involves the strategic characterization of products. In the case of Walmart, this decision area covers goods and services. As a retailer, the company offers retail service.
Walmart is known for low costs because of its cost leadership generic strategy. To fulfill this strategy, the firm focuses on maximum efficiency of its retail service personnel.
To address the design of goods in this decision area of operations management, Walmart also emphasizes minimal production costs, especially for the Great Value brand. This decision area of operations management is applied at Walmart through three tiers of quality standards.
The lower tier specifies minimum quality expectations of the majority of customers. Walmart keeps this lower tier for most of its brands, such as Great Value.
The middle tier specifies market average quality for low-cost retailers. This tier is applied for the performance of Walmart employees, especially sales personnel.
The upper tier specifies quality levels that exceed market averages. Process and Capacity Design. Walmart addresses this decision area of operations management through behavioral analysis, forecasting, and continuous monitoring.
Also, to satisfy concerns in this decision area of operations management, the company uses continuous monitoring. This decision area of operations management emphasizes efficiency of movement of materials, human resources and business information throughout the organization.
To address the business information aspect in this decision area of operations management, Walmart uses the Internet. The company has a comprehensive set of online information systems for real-time reports and monitoring. Layout Design and Strategy. The layout design of individual stores is based on consumer behavioral analysis and corporate standards.
With efficiency, cost-effectiveness, and cost-minimization, the firm satisfies needs in this decision area of operations management. Human Resources and Job Design. The company suffers from relatively high turnover because of low wages, which relate to the cost-leadership generic strategy.
Nonetheless, continuous recruitment enables Walmart to address this decision area of operations management. Also, the firm maintains standardized job processes, especially for positions in the stores.
Thus, the firm satisfies concerns in this decision area of operations management even though there are some issues with turnover. Human Resource Management 7. These systems enable managers and vendors to collaborate in deciding when to move certain amounts of merchandise across the supply chain.
Because it is the largest retailer in the world, Walmart influences suppliers to cooperate in using these systems. In this way, the company minimizes stockouts.
Walmart uses conventional shifts and flexible scheduling.Nonetheless, the company applies the 10 decisions of operations management in all of its business activities. In operations management, these 10 decision areas address the various activities that contribute to organizational success.
Search Results for '10 critical decisions of operations management' 10 Critical Decisions Henzer 10 Critical Decision Area for OM 10 Critical Decision areas of operation management . The 10 decisions of operations management are effectively applied in Walmart’s business through a combination of approaches that emphasize supply chain management, inventory management, and sales and marketing.
View Test Prep - Ten Strategic operations Management Decisions from BUSINESS FIN and at Trident University International. Ten Strategic operations Management%(3).
10 Critical Decision areas of operation management I. Goods and service design. According to Henzer (), design of goods and design defines much of the transformation process. The factors of cost, quality and human resources must be made during the stage.
10 Strategic Operations Management Decisions That Definitions of Operations management Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization.