Activity Based Management Essay

Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. Operations management is concerned with converting materials and labor into goods and services as possible to maximize the profit of an organization and also to meet customer requirements.

In order to succeed in any business we have to be aware of operations management. It is considered as the most important part of the company; it is the part which is responsible for producing goods and providing services. After all, operating

Operations management refers to all levels of an organisation and how best to efficiently convene, fund, maintain and maximise its services and/or operations, both internal and external. The core goal/objective of operations management it to maximise outputs while reducing and minimising the inputs required to achieve the desired results.

According to Investopedia ULC (2012), " Operations management is concerned with converting materials and labor into goods and services as efficiently as

• explain operations as an organizational functional area; i.e. to present a list of the areas covered by the operations management function, the problems and decisions faced in these areas and the methods and models for approaching these problems;

Operations Management focuses on the design and management of products, processes, services and supply chains (Diemond, 2014). It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want (Diemond 2014). Operations Management consists of many topics which are applied on a daily basis at the company I work for. Some of the topics include process control, lean manufacturing, six sigma, and supply chain management. It is the process that controls how inputs (raw materials, labor, and energy) get converted into outputs (finished goods or services).

Operations Management in an organisation is repsonsible for managing and in making decisions concerning the activities that convert inputs into outputs , that is goods and services. This covers both short term actvities as well as longer term activities to meet strategic goals. Inputs can be the raw materaials need to manufacture goods such as furniture or the computers needed to create a service like online shopping site. Operation management’s role is to make decisions to improve how operation activities function, for example, to improve the final quality of the output or to change production methods to be more efficient in terms of cost and in time.

Operations Management explores the way organizations produce and distribute goods and services. Everything you wear, eat, sit on, use or read comes to you courtesy of the

Operations Management Process is the central arteries within the organization because it produces the planning process for goods and services, which are its reason for existent. Operations management is linked to all organizations as every organization is producing either a product or a service. However, it cannot be said to be the most important function since there are other functional areas and boundaries within an organization. In today's fast changing world, organizations have to have a tendency towards being efficient, effective and innovative to the changing environment to succeed. Operations Management has to use metrics in order for them to accomplish their task and be successful with

Application ABC method can help employees understand the full cost involved, they can analyze costs and determine which activities bring added value and does not operate, thereby improving operational efficiency. This is a continuous improvement process starts from analyzing costs, reduce the operation does not create additional value and thereby achieve overall efficiency. ABC helps organization create better products, to meet the needs of the market with a competitive cost. Product profitability analysis and customer profitability brought by this method has contributed actively to the process of decision making at the management level;

As an aspiring occupational therapist, I am aware of the necessity of being able to teach new skills to clients that are important to their personal occupations. The teaching and learning to support occupation assignment allowed me to thoroughly think about all aspects that are involved when attempting to teach a particular task. I personally chose to teach the American Sign Language (ASL) alphabet as my activity for other students to learn because of the significance and meaning that it has to my life. Signing is an occupation and skill that I acquired while in college, and I hope to be able to incorporate it into my career as a future occupational therapist. The alphabet is an important component of ASL, which is why I thought that it

My knowledge of operations management's impact on organizational effectiveness has grown considerably in this course. I now have a better understanding of how the design and improvement of operational processes and systems can be structured so that the resources required for producing and delivering goods and services are optimized to their full potential. I have a newfound appreciation for the role of operations managers. They take on the challenge of improving productivity to grow and enhance the business an effort that spans all business units and divisions including purchasing, manufacturing, shipping, packaging, supply chain, human resources, marketing, finance, and information technology.

Operations management focuses on managing the processes of producing and distributing products and services. Operations activities often include product creation, development, production and distribution. It deals with all operations within the organization. Related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. The nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc.

Operations management is generally described as the planning, arrangement, and control of activities that change raw materials or an organization's input into finished products and services. The overall activities covered by operations management include the creation, development, manufacture, and distribution of products. The concept also relates to various activities such as inventory control, controlling purchases, quality control, logistics, storage, and evaluation ("Operations Management in McDonalds", n.d.). Since operations management covers the entire operations in an organization, it mainly focuses on the efficiency and effectiveness of the firm's processes.

Operational management processes in a firm involves overseeing, formulating and reformulation of the operations of a business. The processes are meant to ensure efficiency in administering resources whilst ensuring there is effective management of client’s specifications and or directions. This is achieved by adding value to the firm’s processes. Such achievements are experienced when a firm embarks in directing its physical and or technical functions towards enhancing its development, production and manufacturing. These should be pre-determined and controlled by market opportunities if a company is to reach its ultimate production levels. Their realisation adds up to ensuring the future of a firm, offering operational