Operations management for creating competitive advantage Essay

Operations caution for creating competitive advantage - Essay ExampleFor instance, locations ar first selected keeping in mind the country, whence the region and lastly the site. Stakeholders, especially the shargonholders are taken care of by maximizing the profits of the party and putting back profits in the betterment of the company only. Some of the recommendations that have been given are that of using mathematical techniques in choosing locations and the starting of slotting fees. The budget that will be used is to hire handy human resources and the huge costs for buying backward links that is suppliers. The innovative recommendation is that of using olfactory property marketing. All in all, the company Tesco is practicing efficient operations management but there is always path for improvement, if they want to sustain their position of market leader.This case oeuvre is aimed at applying the theoretical side of the study of operations management to a real world company. Operations management is a very ample term and thus it incorporates within itself many various issues and activities through which an organizations goods and services are changed and transformed from the inputs that were put to the unwrapputs that are produced. It is about the various operations that are performed on the goods and services from the morsel their production starts to the moment the customer receives it. In this report, Britain-based company Tesco has been aimed and its operations management activities have been analyzed. Recommendations on how OM activities discharge be improved have also been given. The report also evaluates the various financials behind the activities as rise as the budget that may be required.The problem faced by Tesco is that of sustaining its market leader position. opposition from Sainsbury and other leading retail stores is a big threat for Tesco and it does not want to lose out on market share to these competitors. Thus, improving on op erations management is one of the basic things that it eject