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P002 Importance Of Operations And Supply Management

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Running head: IMPORTANTANCE OF OPERATIONS & SUPPLY CHAIN MANAGEMEN 1 Importance of Operation and Supply Chain Management Institution Affiliation Date IMPORTANTANCE OF OPERATIONS AND SUPPLY CHAIN MANAGEMENT 2 Importance of operations and supply chain management. Essential elements in the operation process such as planning, staffing, monitoring and controlling enable an organisation to make good use of resources. Operation process increases the productivity of an organization by focusing on how well resources could best be used (Teebom, 2018). Displays the efficiency of managers and employees. Operation management acts as the central role of an organisation (Batchelor, 2018). It ensures all products are made in a way that satisfies customer needs. Satisfaction of customer needs increases sales of products. Operations management plays an important role which is designing products, maintaining the systems used in goods production and operations. The necessity of supply chain management is that it increases customer satisfaction as customers always anticipate products to be on time and delivered quickly (Batchelor, 2018). The cost of purchasing and production is reduced. Hence there's an increase in the firm's profits. Batchelor (2018) says that supply chains that deliver the goods the fastest and cheapest are the most effective. A good supply chain gives a company an added advantage to its competitors as it is able to deliver products faster to its consumers, without even ha ...
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