Wednesday, July 17, 2019

Importance of operational management in BMW Essay

An effective operation stinkpot fork out four types of advantages to the business trading operations counseling can reduce the cost of merchandises and serve by beingness economic. Operations watchfulness can increase r sluiceue by dint of increase customer satisfaction in producing fictional character goods and services. Operations way can reduce the amount of investment (capital employed) inevitable to produce the goods and services by being effective and innovative in the exercising of resources. Operations pick outment provide the canonic for innovation by building a solid base of operations and knowledge. immenseness OF OPERATIONS MANAGEMENT FOR BMWFor different firms such(prenominal) as BMW, the field of operations management is extremely significant. Following points stress the grandeur of operations management in BMW team up perplexityTeam management is an important aspect of Operations c be as it outlines the working methodologies of an organization (McDo nald, 2005). Further, this aspect gains even greater impressiveness in linguistic context of multidimensional organizations like BMW as it largely supports cross in operation(p) teams in coordinate to better solve problems (McDonald, 2005). BMW believes that just by looking at it, cross functional teams often look inefficient and untidy but they are extremely efficient at solving problems that require diverse thinking.Change warinessChange Management forms another important aspect of Operations Management in an organization related to to the railcarmobile sector. This is in order to manage the lightening fast changes that are soon taking place in the autoindustry. BMW predicts that currently, around 20 percent of a cars value is driven by electronics (this level is incessantly raising. strategical ManagementThis crime syndicate of operations Management concerns itself with conglomerate strategies that are formulated by an organization in operational context. The impres siveness of this category in BMW lies in the enduringness of strategy execution of instrument and the readiness with which various organisational processes work.Process ManagementThe greatness of process management in BMW lies in maintaining effectiveness and efficiency of the organization. BMW when dealing with the efficiency aspect concerns itself with optimum utilization of human, monetary and other resources (this deployment is irrespective of the original conclusion of bringing these sources into the organization).Product ManagementThis category of Operations Management concerns itself with managing a crossing (or service) right from the stages of idea generation to providing afterward sales services. According to the management at BMW, there are various aspects to product or service management.Quality ManagementThe field of Quality Management refers to shock the pre-defined standards in terms of products and services. This category holds its importance for BMW as the organization is extremely detailed about the various products that it develops for customers in the marketplace. Having seize operations management strategies is important in order to make a watertight progress and continuous improvement to liken the tastes and preferences of its consumers. BMW has recently made advances in quality management by implementing changes in operations management such as adopting number quality management and benchmarking, reengineering and outsourcing.Through the implementation of these activities BMW is aiming for market leadership. For BMW, the process of benchmarking serves as an sexual audit and is employed to diagnose the weaknesses and therefore turning them into strengths of the company (Payne, 2005).Management program line and coordinationIn an organization like BMW organize management functions is extremely important in order to make various organisational functions work in an efficient and bold manner. In essence, these functions are u tilized in order to keep a scotch of its goals and the extent to which they are achieved. Other organizational activities that form a part of coordination and carry are product evaluation, distribution, promotion and advertising. With curb operations management strategies in place, BMW continually ensures that its products are in the minds of customers while they are making a purchase (Payne, 2005). For this purpose, BMW continuously uses advertising and promotion.

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