Introduction to Operation Management Essay

If you would like to choose an makeup that is NOT from the above list, transport consult your professor. For SLP 1, identify the following by writing a radical (with paragraphs, including an introductory, body, and concluding section) 1) The organizations name and main demarcation line of business,2) A specific type of processs process that takes place there (either answer or crossroad), 3) Describe the nature of the operations given your immaturefound intellect of operations solicitude and harvestivity. 4) You may identify the strategy or orbicular strategy of that organization. Feel free to consult back upground readings, browse our subroutine library to find more articles, and check the relevant websites to support your argument.IntroductionAn organization efficiency and effectiveness argon necessary to surface in this mod era of business where maintaining a competitive edge is the difference amid succeeding and faltering. In this paper I will describe and psychoan alyze the operation management by describing and analyzing the different operations management perspectives and its growthivity. carcassThe organization I have chosen to study and analyze is Wal-Mart Stores, Inc., their line of business is retail. Since Wal-Mart is one of the top supermarket chains in the country exporting to 27 countries and sells a large number of products, the company runs on ternary levels and since some products have different regulations than other obviously the operation management has tuned to the specific needs of the product. Not only has the operation management pertained non only for goods but also for services. Since 2009, The Sustainability Consortium (TSC) and Wal-Mart have worked together to piddle a system that measure and report the sustainability of products by developing tools to provoke the capacity to comprehend and state the environmental, social, and economic effects of products.This process of researching product sustainability is uti lise to expand knowledge of top grossing products and find out how to amend the quality of the products. By improving the quality they can manufacture cave in products at a lower cost and sell it the similar of high price increasing profits. On the other hand, by testing product sustainability new eco-friendly products can be produce and lower the environmental furbish up while still satisfying consumer demand. The second step is researching the consumer, what they think rough the product and how the product is used. This enables manufacturing companies to meet the consumer needs. After all the researcher is done, new found data is combined with new tools to produce better product quality and transparency creating a stronger trust between Wal-Mart and its customer.The nature of this operation is based on the idea of lowering costs while maintaining profits. By researching the products they learn the ins and outs of how it is made, the costs of production, and the sustainabilit y of the product. This allows them to look into cheaper methods and materials while still maintain same safety, health and environmental standards. Furthermore when they research the consumer, they find out what the consumer truly needs and provide more to fill that need.Whatever profits are saved they can invest into better tools, production equipment, or anything used to further advance the company. The global strategy (as well as everyday strategy) is to invest in lower prices. By expanding the types of products sold and bringing back assortments the customer base is expanded, since now the convenience of finding everything you need in one place is available. When this convenience is combined with lower prices, it makes Wal-Mart a retail juggernaut that will be nearly impossible to top.ConclusionIn conclusion, operations management is a key tool in domineering all aspects of a business. By managing operations you can cut costs, accidents, or even increase profits. An example w ould be Wal-Marts product sustainability management. By investing in this process they have advanced their company in many aspects, giving them an advantage in their business.ReferencesPlenert, Gerhard J. (2002). International Operations Management. Retrieved January 17, 2013 at http//site.ebrary.com/lib/tourou/search.action?p00=International +Operations+Management&fromSearch=fromSearch&search=Search Wal-Mart Stores, Inc. (2012) 2012 Annual Report. Retrieved on January 17, 2013 at http//www.walmartstores.com/sites/annual-report/2012/CEOletter.aspx Wal-Mart Stores, Inc. (2012) Global Responsibility. Sustainability Index. Retrieved on January 17, 2013 at http//corporate.walmart.com/global-responsibility/environment-sustainability/sustainability-index