The core of operational management is organizing and conducting the transition of inputs to outputs effectively and efficiently (Osei-Kyei, 2017). To further break down, it is the act of transforming labor, capital, equipment, land, buildings, material and even information into goods and services which add value to customers. This transition of taking inputs and changing them to outputs is called the transformation process. Depending on the core of a business this process can look very different even if the outputs are the similar. Furthermore, the overarching goals of an organization can drastically change the transition from inputs to outputs. Finally, as one would imagine, the difference in turning inputs to outputs is vastly different when the outputs are goods versus when the outputs are services. In the case of the large corporation Colgate-Palmolive, there is are an almost unfathomable amount of inputs that result in a very sizable family of outputs. In its simplest for, Colgate-Palmolive breaks down to being a global household and consumer products company. These products are the outputs. Some of the brands represented by the outputs of Colgate-Palmolive include the following: Colgate Speedstick Softsoap Irish Springs Ajax Fleecy Hills These are just examples of some of the branded outputs produced by Colgate-Palmolive and are limited to the North American brands (Colgate, n.d). There are many other global branded outputs as well. The inputs of Colgate-Palmolive
Operations management is essential for the survival and success of any organization. According to Heizer & Render (2011), operations management (OM) is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. Operations managers today contend with competition, globalization, inflation, consumer demand, and consistent change in technology. Managers must focus on the efficiency and effectiveness of processes such as cost, dependability, distribution, flexibility, and speed. The intent of this paper is to discuss the processes and operations management of the Kroger Company.
Although most companies use the transformation process it is natural to see that they use it to provide different things to satisfy their customer needs. For example the AA will provide a
Cook and Colgate are the parties in the case. The case can be found in volume 992 of the Federal Reporter, Second Series beginning on page 17. The case was decided by the United States Supreme Court Second Circuit in 1993.
Operations refers to the transformation of raw materials(inputs) into finished products(outputs). The operations process is one of the key business functions and is a crucial component to business success. Like every business, Qantas is affected by many internal and external influences requiring it to have effective strategies to respond to these influences. Businesses that are able to adopt and utilise effective operational strategies are able to quickly adapt and either reduce or take advantage of these influences that impact the business. The effectiveness of these strategies can measured by Qantas’ performance and whether or not it is able to hold it’s competitive advantage. How well these strategies respond to the influences on
According to Investopedia ULC (2012), " Operations management is concerned with converting materials and labor into goods and services as efficiently as
Colgate-Palmolive Co (CP) was an international leader in household and personal care product, with the sales of $6.06 billion and profit of $2.76 billion in 1991. CP set up a five-year plan in 1991, pointing out that company needed to focus on new product launching and entry into new geographic markets by improving the manufacturing, distribution and the continuance of the core consumer products. Started from 1984, CP’s CEO awaked the company from “sleepy and inefficient” to profitable. Both gross margin and annual volume growth increased from 1985. Although everything seemed good, CP was facing the worldwide strong competitions from other companies. In order to have some protections, 170 CP’s
This considered being a transformed organizational model has catapulted companies into a company that is
Operations management is defined as the design, execution, and control of operations that convert resources into desired goods and services, while implementing an organizations business strategy (Business Dictionary, 2015). Office Depot Inc. is one such organization that truly understands that solid operations is the foundation to the success they have had in recent years. In this paper, I will give the history and background of Office Depot Inc. and explain why they have been able to keep such a competitive advantage in the consumer and small business supply industry. Additionally, I will
The real life example of a transformation process in America is T-Mobile which is one the well- known company. T-Mobile has 2000 company run stores and 1100 branded stores. The company’s store provides new and old version of cell-phones as product and provide connections for phones as service. T-Mobile has approximately 50,000 employees all over in America which is their human resources. Employees handle purchase and sales in store and interact with customer to present new deals, company have. In this company, capital is phones and related things (product) which are different brands. Moreover, there capital is sim cards as well. T-Mobile use natural resource which is land.
Colgate as a company strives to be the best company to have the best dental products. In an article from the website live strong Norma Chew wrote, “Colgate Palmolive Company is one of many companies that provide dental care products to the consumer.” Colgate as a company is expanding their products. Colgate was once only known for selling toothpaste, but now they have a wide variety of dental products to promote clean teeth.
Operation processes involves inputs which act as the core of businesses providing greater utility to customers through the addition of value. Businesses use a combination of transformed resources such as materials, customers and information. Materials are the basic elements used in the production process and are sourced from the supply chain which are divided into raw and intermediate materials. In Australia, McDonalds uses locally sourced materials such as beef from Australian farmers to produce over 400 million hamburgers. Large businesses such as McDonald’s requires efficiency in production, hence, a specialist material manager is recruited to control the flow of resources from the initial purchasing stage to final distribution. Customers become transformed resources when their desires and preferences shape inputs
The United States, Mexican and Chinese markets all took very different approaches to the release of Colgate-Palmolive’s (CP) newest oral care product in 2004-2005. The new toothpaste is called Colgate Max Fresh (CMF). It is a cavity preventing gel with breath-freshening strips suspended in it that dissolve while consumers brush their teeth. The technology behind the breath strips is patented, and Colgate was hoping the product would be a big success by providing unique freshness.
Culture has progressed with many consumer merchandises that have become necessities and transformed into the day-to-day routines of society without having to think twice about it. CP or Colgate-Palmolive, is an icon for the personal hygiene industry throughout the United States, and as a worldwide company has positioned the brand as a most important home care in multiple foreign countries.The CMF line is CP’s most popular brand. The brand was a huge hit because of its individuality and the value that it crafted for consumers was astonishing. Colgate Max combined a new breath-strip and a mixture of therapeutics’, which added to more
product segments – Oral, Personal and Home Care; and Pet Nutrition. The company operates in more than 200 countries and this geographic diversity and balance help to reduce the Company’s exposure to businesses and other risks in any one country or part of the world. The company’s main competitors are Proctor & Gamble (PG), Johnson & Johnson (JNJ), Church Dwight & Company (CHD) and Clorox & Company (CLX).
Low-cost, time-efficient manufacturing of goods is a key feature of a successful production company in today’s competitive global economy. Operations management, often abbreviated in the business world as OM, is defined as “...the set of activities that creates value in the form of goods and services by transforming inputs into outputs (Heizer and Render, p. 4).” Every day, factories take in raw materials and use the labor hours and skills of their employees to transform those same materials into a variety of consumer products,