Background Explaining the Business Operations

Introduction

The report in the mentioned context works on understanding the scope and activities encompassed within the domain of business operations, which is critical for those who are seeking business dissertation help. As per the study conducted by Ivanov, Tsipoulanidis and Schönberger (2017), business operations are the series of activities within which a specific business engages daily. The outcome of the mentioned engagement is often linked with an increased value of the enterprise and earning a profit. Employees play a significant part in ensuring that the business operations met by performing a series of activities relating to accounting, marketing, supplying, and so on.

The aspect of business operations further extends to operations management. As influenced by Gianesello, Ivanov and Battini (2017), operations management in business termed as a business function responsible for managing the creation of services and goods. The act of operations management is inclusive of planning, coordinating and organising the resources needed to produce goods and the services within the chosen business organisation. Supply network executives are the vital choices region activities chiefs will in general spotlight on to acquire a proficient and powerful store network. The choices dependent on the stock executed on activity the executive’s rule that strengthens the significance of value. For instance, the directors request the stock holding doesn't affect the nature of materials utilised for the electric vehicles made inside the organisation. Then again for guaranteeing limited stock cost combined with high profitability Tesla's activity, the board approach utilises without a moment to spare stock if there should arise an occurrence of certain materials (Dalton, 2016). For instance, hardly any materials inside the space of vehicle creation executed when they show up in the disease offices of the organisation. The standard methodology could help on letting down the stock expense inside the business

Main functions of business operations

Delivering Key Functions:

In small business delivery of key function is usually carried out by an individual. However, in large or medium-sized business it is often carried out by professionals working in functional departments (Messina and Zimmerman, 2018)

Link between the functions:

All the functional areas need are linked to achieving the overall objectives and aim of the company. As proposed by Messina and Zimmerman (2018), in order to ensure that the business operations are running smooth, it is important to ensure a smooth two way communication that can further work on enhancing the level of cooperation

The assignment thus works on understanding the operations management practices addressing the objectives in making strategic decisions for enhancing the level of productivity in all areas of the business solutions. However, strategic decisions demand operations managers to maintain the best practices for ensuring streamlining of the business analysis cases. The global expansion of Tesla is dependent on the success of these practices in optimising the operational performance and level of productivity (O'donnell et al. 2018). In addition to that, the technological innovation goal of the company supports operations management (O.M.). For instance, the automobile manufacturing performance is dependent on the effectiveness of operational management, in areas regarding inventory management and supply chain management. In regards to the O.M. related procedures, depends on the mission and vision statement of Tesla defining the tactics and strategies of the company. O.M. prowess contributes to the high level of productivity and growth of the business organisation despite the existing negative forces from the external agents

Background of the company

Tesla is an automotive company continuously working towards the way of innovation for answering the needs of the customers for providing sustainable modes of business through the introduction of electric vehicles (Tesla, 2020). Tesla Inc. needs to improve the existing practices for ensuring optimum operational competency against the other competitors in the market. Tesla in the mentioned context should implement best business operation related practices for enhancing the level of productivity while reducing the possible chances of costs on the basis of the operations management decisions of the company. In similar regards, the optimal operational contribution to Tesla ability to sell the products within an affordable range, given the cost of materials and the current market forces

Evaluation of company’s operation management decision

Designing of the services and the goods:

In the mentioned strategic area, the operations manager needs to focus on the ways the organisation's products are seen to influence the costs, resources and the quality objectives. In the company analysis case, Tesla is seen to address the concern through a series of concurrent innovations involving the parts of automotive such as the batteries and solar panels (Xu et al. 2019). For instance, in order to ensure productivity in regards to the manufacturing of advanced electric vehicles the company is seen to ensure continuous innovation in the supply chain and product system. The decision in the area of operational management connects to the generic and intensive strategy of Tesla, emphasising the product differentiation and development as it plans to undertake a global approach to business. It is noteworthy that Tesla focuses on manufacturing of electric vehicles. It is for the same reason; Tesla's O.M. concentrated on the innovation of electric automobiles.

Quality management:

Satisfying the expectations of the customers is the prime objective in regards to the operation management. The chosen company addresses the mentioned strategic objectives through continuous quality checks for ensuring quality improvement initiatives; while researching automotive energy solutions. Additionally, the company enhances the products and operational processes to keep the customers happy with their high standards of productivity and product quality. The operational manager to conduct quality reviews for enhancing the process of manufacturing (Zijm et al. 2019). Moreover, in response to quality issues with suppliers, the company shifted on manufacturing vehicle parts rather than sourcing from the suppliers. The sudden shift increases the workload but improves the quality of the managerial control

Capacity and design of the process:

The O.M. decisions focused on business processes, along with the required standards of investments. Tesla is seen to amalgamate the automation due to the exact concern. For example, Tesla automates the process of manufacturing coupled with the needed human intervention. The mentioned condition helps Tesla to achieve a high level of operational efficiency in regards to automotive solutions (Turker, 2018).

Strategy pertaining to location:

The strategy related to location reveals the logistics and nearest to the target and market supplies and resources are considered a strategic decision area in regards to operation management of the business. For instance, the suppliers operating within the E.U. and Asia provide basic components for the electric automobile manufacturing process and other products. The marketing mix of the company is inclusive of company-owned stores and galleries to maximise the sale and productivity for accessing the required target market (Cheong, Song and Hu, 2016). the mentioned operational management approach includes high-density areas for displaying and carrying out sales-related transaction considering the companies relatively higher price margin specialisation within the field of electric vehicles and energy-saving products

Layout design and strategic initiatives:

The layout and their needed design strategy operation management is concerned with achieving the required flow of resources and the needed information. In case of the choosing company Tesla layout are being developed to enhance the capacity utilisation of the existing facilities specially buildings implemented for manufacturing the current line of sustainable electric vehicles. Additionally, the company is going to implement modern for computing and networking the level of internal communication. As previously stated by Li and Jiang (2018), communication is an important part while ensuring that the business operations and management of the same is rightfully streamlined. The eventual approach in hands is the level of productivity in Tesla's operation; the company also works and minimises the distances among the intermediary processes in regards to the operations of manufacturing. An example of such a minimalistic approach can highlight through Giga factory in Nevada that helps in reducing the cost related to production along with the possibilities of vertical integration

Job design and human resources:

The adequacy related to effective human resource for enhancing the level of productivity is the prime objective of the strategic decisions within the domain of operation management. Tesla needs the stated objective through a competitive compensation strategy to attract competent and highly skilled workers (Akakpo et al. 2019). The mentioned approach is important within the market where companies compete for high quality of human labour for enhancing the product value by leveraging the skills of the workers. The corporate culture of Tesla focuses on innovation with sustainability while solving problems contributing to the definition of the operation management decision area. The operation management area of the company e makes sure high productivity as a personal is maintained along with the effectiveness to regular training as well as the implementation of proper leadership development programs are rightly made.for instance leadership development program is often implemented to fulfill the needs of the company for a proper leader who can help in the automotive business growth (Perkins and Murman, 2019).

Managing the inventory:

Supply chain management is the strategic decisions area operations managers tend to focus on to obtain an efficient and effective supply chain. The decisions based on the inventory executed on operation management principle that reinforces the importance of quality. For example the managers demand the inventory holding does not impact the quality of materials being used for the electric vehicles made within the company. On the other hand, for ensuring minimised inventory cost coupled with high productivity, Tesla's operation management approach makes use of just in time inventory in case of some materials (Dogru and Keskin, 2020). For example few materials within the domain of automobile production are implemented as soon as they arrive in the infection facilities of the company. The standard approach could help on lowering down the inventory cost within the business

Scheduling:

The act of scheduling is a static decision area concentrating on short term and intermediate schedules needed for utilising the resources. The operation manager is working at Tesla highest in the mentioned concern through the implementation of market based scheduling coupled with an automatic process for enhancing the level of efficiency. In market based scheduling the company works on monitoring the demand of the actual market and uses the result data as the basis for scheduling automobile production. On the other hand Tesla is operation management makes use of scheduling related activities with the needle level of automation to reduce the errors and delays thereby enhancing the level of productivity

Maintenance: Education about the resources and the capacity of production are the prime objectives of the strategic decisions area of the operation manager. Tesla makes sure the resource adequacy of true inventory monitoring is continuous and really works on responding to the shifts within the market demand (Latini et al. 2016). Objective related to educating production capacity through limited but significant degree of continuous processes and resources related to production. Constants Tesla maintains excess production capacity in certain facilities and it is for the same reason such redundancy makes the company rapidly increase the level of production in response to the increase in market demand for the electric vehicles. The operation manager approaches the resilience and responsiveness within the productivity level of Tesla

Conclusion

On the basis of the above research literature, it would be fair enough to conclude, it is important to streamline the business operations for observing the expected results. In similar regards it can be clearly concluded that the business operations and management of the same is rightly handled. The just-in-time approach to answer the inventory needs without overcrowding the inventory and meeting the demands of the customers is a suitable way of managing business operations. The strategic intervention can work on ensuring that the business operations are rightly met.

Reference list

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