BUS 415 milestone 1

Essay Instructions:

Instructions (Read chapters 1, 2, and 3) Answer the following questions fully after completing the assignments found in CLO 1 and conducting additional research as needed: Introduction to Operations Management, Products and Services. Describe the importance of operations management and the differences between manufacturing and service operations, while describing the role of an operations manager within an organization. Identify and apply the elements of the transformation model to understand the relationship between inputs, processes, and outputs of an organization. Include the steps in the product/service design process and give a description of how each strategically aids the operations manager. Identify the importance of operations strategy for creating corporate, business, and functional level strategies. Give examples of each along with your sources. Explain the role of the value chain for operations strategy formulation, and discuss how operational competencies contribute to the development of a competitive advantage for an organization. Give three clear examples and include your sources. Be certain to use APA formatting and include references for all sources used. Attached are support links https://youtu(dot)be/C0EEXQW3B9Q?si=Mh3gVDknBQRW37fv https://pressbooks(dot)lib(dot)vt(dot)edu/fundamentalsofbusiness2e/ https://youtu(dot)be/IxMXU-S5Bzc?si=dwsFzq1SDU8Lff6Q https://youtu(dot)be/k-jfj8mYoFU?si=C_o1B8awazXosEW2 https://youtu(dot)be/KgCcNMToRv8?si=1AeAAc61CaYiEM4- https://youtu(dot)be/Hnp-uswyYlg?si=Ag2ONLib7DTFQ5-k

Essay Sample Content Preview:

Milestone 1 Student’s Name Institutional Affiliation Milestone 1 The importance of operations management and the differences between manufacturing and service operations Operations management is a vital organizational faction that plays a role in the effective and efficient running of such entities. The principal importance of operations management is marked by its role in steering planning, organizing, and supervising organizational processes linked to the production of goods and services (Stevenson, 2002). Some other areas of importance include enhancing efficiency, improving quality, fostering innovation, and ensuring sustainability. By extension, the operations manager should the above functions and align them with the organization’s strategic goals and objectives. Simply put, an operations manager is responsible for designing processes, managing resources, and ensuring quality standards. There are notable differences between manufacturing and service operations. Primary among the differences is in the context of tangibility of output. While manufacturing focuses on the production of tangible products like cars that can be inventoried, service operations foster the production of intangible products that are consumed as soon as they are produced like education or healthcare (Stevenson, 2002). The other difference is in customer involvement with both production processes. While customers are directly involved in service production processes, they can only acquire the e...

Updated on September 29, 2024

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