Importance of operational management in BMW Essay

An in force(p) operation can give four types of advantages to the business trading operations concern can nullify the cost of harvest-feasts and services by be efficient. operations wariness can increase revenue through increase client satisfaction in producing part goods and services. Operations management can reduce the amount of investment (capital employed) necessary to produce the goods and services by being effective and innovative in the use of resources. Operations management append the basic for innovation by building a solid story of operations and knowledge.IMPORTANCE OF OPERATIONS MANAGEMENT FOR BMWFor diverse firms such as BMW, the field of operations management is exceedingly important. Following points stress the splendour of operations management in BMWTeam focusTeam management is an important aspect of Operations Management as it outlines the craping methodologies of an governing (McDonald, 2005). Further, this aspect gains even greater importance in c ontext of four-dimensional organizations like BMW as it largely supports s auto functional teams in straddle to better solve problems (McDonald, 2005). BMW believes that just by looking at it, cross functional teams often look inefficient and messy but they argon extremely efficient at solving problems that require diverse thinking. throw ManagementChange Management forms another important aspect of Operations Management in an organization related to the automobile sector. This is in vagabond to manage the lightening fast changes that be currently taking family in the autoindustry. BMW predicts that currently, around 20 percent of a cars value is driven by electronics (this level is forever raising.strategic ManagementThis category of operations Management concerns itself with various strategies that are theorise by an organization in operational context. The importance of this category in BMW lies in the effectiveness of strategy implementation and the efficiency with which various organizational processes work.Process ManagementThe importance of process management in BMW lies in maintaining effectiveness and efficiency of the organization. BMW when dealing with the efficiency aspect concerns itself with optimum exercise of human, financial and other resources (this deployment is irrespective of the original purpose of bringing these sources into the organization). convergence ManagementThis category of Operations Management concerns itself with managing a product (or service) effective from the stages of idea generation to providing after sales services. According to the management at BMW, there are various aspects to product or service management. tonus ManagementThe field of Quality Management refers to meeting the pre-defined standards in call of products and services. This category holds its importance for BMW as the organization is extremely critical or so the various products that it develops for customers in the marketplace. Having approp riate operations management strategies is important in order to make a steady progress and continuous service to match the tastes and preferences of its consumers. BMW has recently made advances in quality management by implementing changes in operations management such as adopting total quality management and benchmarking, reengineering and outsourcing.Through the implementation of these activities BMW is aiming for market leadership. For BMW, the process of benchmarking serves as an interior audit and is employed to diagnose the weaknesses and then turning them into strengths of the company (Payne, 2005).Management control and coordinationIn an organization like BMW coordinating management functions is extremely important in order to make various organizational functions work in an efficient and transparent manner. In essence, these functions are utilized in order to keep a track of its goals and the extent to which they are achieved. former(a) organizational activities that for m a part of coordination and control are product evaluation, distribution, promotion and advertising. With appropriate operations management strategies in place, BMW continually ensures that its products are in the minds of customers while they are making a purchase (Payne, 2005). For this purpose, BMW continuously uses advertising and promotion.