Operational Analysis and Effectiveness (essay 2) Essay

Operational Analysis and Effectiveness ( 2) - Essay ExampleHow an trading operations manager handles these challenges is manifested through a combination of the following four competitive priorities cost, quality, time and flexibility.The optimal goal of any operations manager is to achieve low-priced operations in terms of cost. With regards to quality the objective is to develop high-performance designs and to manufacture quality products consistently. The operations managers time priority seeks rapid new product development, and on-time and reliable delivery of products. Finally, the priority of flexibility is to achieve mass customization albeit with flexible production volume capacity to profitably meet the changing consumer demands. In meeting the challenges facing operations management today, we find that the two key drivers are the role of information and of information technology within the soused and externally to it with the organizations that it has relationships wit h. Vonderembse and Tracey (1999) argue that more communication and interactions with suppliers, customers, and other functional areas within the firm are needed to ensure that capabilities, both internal and external, are apply in ways that enhance overall performance.In this report we shall address the issue of how an operations manager should go about optimizing the operations and production of a manufacturing plant in the situation where the plant has too many suppliers which is causing major problems in terms of delivery levels quality of products and raw materials production schedule and eventually to customer satisfaction. This problem is best resolved using the supply chain management concept found in operations management.With the advent of newfangled technology, manufacturing processes have become so sophisticated that a single quality characteristic cannot reflect the true product quality (Pana, Panb & Lee 2009). Management is responsible for(p) for developing, organiz ing, and