Operations management Free Essay Example, 3000 words

And hence, there is the need for businesses to have various processes and procedures for the operation of the firm. Figure 1: Operations Management of TMMUs Assembling (Source: Slack et al, 2010, p6) The Toyota assembling unit is central to firms operations and affairs and it involves connection with the marketing function and what markets demand and expect. Product development is based on operations because once there is the development of a product, the assembling function changes appropriately. Accounting and HR are both connected with Toyotas assembling unit. Accounting and finance focuses on profitability and utilisation of assets. And with that, Toyota will have to measure profitability in relation to production costs and revenue from production. The Human Resource management function focuses on training workers to improve outputs in production. Information systems is about taking information about the movement of materials in and out of the operations unit. Operations management is therefore a central function that seeks to attain the optimal results from the different aspects of running the operations function (Greasely, 2013). It involves the gathering of inventory a nd the processing of inventory for the best results in order to attain competitive advantage and retain customer satisfaction (Johnston et al, 2012). We will write a custom essay sample on Operations management or any topic specifically for you Only $17.96 $11.86/pageorder now A firm like Toyota is known around the world for the assembling and sale of high quality cars for consumers around the world. The Japanese car manufacturer uses the most sophisticated techniques to analyse the external environment and gather parts, some of which are produced in-house and others produced externally. Toyota Motor Manufacturing UK (TMMU) is a branch of this global car manufacturing leader. And Toyota Motor Manufacturing UK (TMMU) uses its processes and procedures to manage operations and produce according to the global standards but with consideration for the local conditions in the UK. Operations Philosophy of TMMU The fundamental operations philosophy of Toyota seeks to promote the highest quality at the lowest cost and within the shortest lead time possible. This is to be achieved through two main concepts and targets: 1. Elimination of waste and 2. Continuous improvement The model of TMMUs assembling unit is integrated into the core strategy. And this involves the use of various methods to eliminate overproduction, waiting time, processing, waste of inventory, waste of stocks and the creation of defective products (Bellgran and Safsten, 2009).