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Name Yashwanth
Kumar
Student ID @00589563
Basanapally
Module Management
Decision
Module Code N295T
Making
Course MSc
Management
Date of 06-11-
submission 2020
Word
A+ icon count 2,478

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489435268-documentation-docx - MANAGEMENT DECISION MAKING Name Yashwanth Kumar Basanapally Student ID@00589563 Module Management De...

University
of
Salford

UNIVERSITY OF Page 1
SALFORD,MANCHESTER

MANAGEMENT
DECISION
MAKING
Critically evaluate the
impact
the UKM of senior
covid 19
pandemic on has
management the ignored
management
such impact decision
on their
Manufacturing industry
making
planning process,
for
has 2020
been
be lower production, duegiven
&hit that
in many
beyond.
to lower ways
government dueMore
offtake.
directives,to the corona
and more
thereby pandemic.
employees
reducing theTo begin
stop
scale
production volumes. Over
coming
of with,
tothis
operations, work,it can
withdue to
auncertainties
period, adversely
in the to a cascading
consequent
affects the effect
turn over on which
logistics
only placeleads
vehicles for effect transporters
quality, cost to
slows down and a trickle
l di h l struggle to not

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489435268-documentation-docx - MANAGEMENT DECISION MAKING Name Yashwanth Kumar Basanapally Student ID@00589563 Module Management De...

UKM management felt

each
market business
conditions.unit UKMneeded
flexibility
believed
for their own and
that if its business
financial
independence
units
success.were profit
Their to react to
centres,
strategies
as well. This change meant
rapidly
they
and changing
would be more
theyannual
couldUKM
capacity. performance
sell their
could also
accountable
would bethe
tomore
devices
recover
due to pandemic largevisible
external situation
and
measurable
customers
development using
costsavailable
for
we cannot estimate the
The disruption on
manufacturing
future
company products
to be and control caused
profitable
manufacturing
consequences. It is forcing
their destiny.
throughout But
2020
by .rethink
manufacturers
protocols, toCOVID-19
manufacturing has
risk management
operations severe operational,
andways
and leaders
new
manufacturing have
contingency
of working social and financial
plans,
opportunities,
concentrated
as on solving the
stable as possible.
workforce
all
immediate safety
at theformed
same time.
challenges So
They’ve
demand changes, rapid
labour
far,
required
response to keeptothe
teams gain
support challenges and a
business
better understanding
supply chain ecosystem of
Simultaneously,
their production they need
constraints.
to focus on solutions.
technology building aThis
business
strategy the
through that is as
willcrisis,
not onlyfuture-
but will
proof
increase
also as
help possible
resilience,
sustain a using
protect
economies start to rebound.
new
operations, and
competitive supportto
advantage
workers business growth
accelerate
once

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489435268-documentation-docx - MANAGEMENT DECISION MAKING Name Yashwanth Kumar Basanapally Student ID@00589563 Module Management De...

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489435268-documentation-docx - MANAGEMENT DECISION MAKING Name Yashwanth Kumar Basanapally Student ID@00589563 Module Management De...

Term
Spring

Professor
N/A

Tags
Economics Of Production, Capacity
Utilization, UKM

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