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Challenges in Operation Management

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0% found this document useful (0 votes)
327 views13 pages

Challenges in Operation Management

Uploaded by

akilandanish007
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

October 6, 2023

Challenges in
operation management

BY
Allen
David
INTRODUCTIO
N
Operations management has a vital role in coordinating and
managing functional units, business process and rules across
departments.

It acts as the main thread that connects every activity within


a business towards achieving the final outcome.
Challenges in Operations Management

Operations management has various functions in an


organization, including overcoming challenges.
synopsis
Satisfying customer expectations
Simplify and streamline business processes
Ensuring market stability
Managing resources
Technology advancement
Change Management
Regulations and economic reforms
Sustainability
Simplify and streamline business processes
SIMPLIFYING COMPLEX TASKS, LOGICALLY
ORGANIZING PROCESSES, ELIMINATING
DUPLICATION AND STREAMLINING THE ACTIVITIES
IS A CHALLENGE OPERATIONS TEAM HAS TO DEAL
WITH.

WEAK AND INEFFICIENT SYSTEMS INCREASE COSTS


AND CREATE DELAY IN PROCESSING OUTPUT.
Ensuring market stability

Market today is highly dynamic and demanding.

Customized products based on personal preferences of customers are preferred over


mass-marketed products.
Managing resources

Efficient management of workforce, equipment and material


towards delivering quality goods with low operating costs
forms the focus of operations management.
Technology advancement

Information technology is regarded as one of the


significant enablers of business process and techniques.

Computer aided production units, automation software


specific to functional units help ease regular and
repetitive tasks.
Satisfying customer expectations
Meeting changes in customer trends and preferences is the real change of
today’s market.

Customers need more value for their money spent to be satisfied.

The pricing and quality of competitors create a real challenge for the
operations team to stay ahead in the market.
Change Management
Change is inevitable for any business to meet market dynamics, but managing
change is a huge challenge for the operations management team.

Innovation, development and operationalization continue as a cycle for


performance improvement.
Regulations and economic reforms

Policy regulations and economic reforms add to the hindrances faced by the operations team.

Policies enacted by Government governing business entities, economic reforms made in taxes,
subsidies and change in export import duties are some examples that makes it necessary to align the
business system within the new legal provisions.
Sustainability
Sustaining stable in the market makes any business successful in the
long run.

Internal and external factors can cause turbulence in the smooth


operations of an enterprise.
Conclusion
Operations management is an inevitable part of any organization and
they work in multidisciplinary environments. They must stay aware
and alert of the possible challenges in business and effectively
respond them on time.

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