Wednesday, May 6, 2020

Operation Management Evidence Based Nursing

Question: Discuss about the Operation Management for Evidence Based Nursing. Answer: Introduction Operational management is a sector of management which is concerned with the controlling and designing the total procedure of production and if needed then redesigning the operation of business also for the production of services or goods. It involves the thoughts that these management operations are really important for meeting up the requirements of the customers. It involves all the procedures from inputs to outputs. Operational management is very crucial for any company to run. If there is no proper operational management then a company might just land up to the condition where Hawkesbury had landed up. Operational management gives a depth to the company. Hawkesbury Cabinets Pty Ltd Hawkesbury Cabinets Pty Ltd is a kitchen company which deals with the designing and manufacturing custom-built kitchen cabinetry. The brother and sister Fung and Mei Chen are the founders of this company. For the growth of any company the main thing that is the most important is the coordination between the co-workers. So, here in the given company, the coordination between Fung and Mei was very nice (Huang, Chiu, Huang, 2016). They both distributed their roles and together took the company forward. Here we are going to discuss on how the urge of getting more orders and money brought about a decrease in profit margin. Fung had taken the role of production and operations manager and Mei, on the other hand, had taken the duty of the finance department and also the overall management of the enterprise. Keeping in mind the current production system they tried to maintain one thing in their company throughout, that is quality (SundtoftHaldMouritsen, 2013). For that reason, they also took up low volume contracts so that with great work pressure they do not lose their reputation which they have gained with great difficulty. They also did not limit themselves to high volume works. They respected both high and low ranged orders. In this way, they always had a flow of orders throughout. Sometimes the clients also wanted Hawkesbury to manufacture a limited range of kitchen cabinets in small batches. And the batch size varied from a single kitchen up to five kitchens of similar designs and specifications. And these buyers were much strict on on-time delivery and at the same time they were also very much price sensitive. The selling of these kinds of ready-made kitchens gave them more profit than the selling of custom designed cabinetry. So the decision of making this kind of overall kitchen as a whole was a wise one in the case of Mei. And Fung on the other hand also impressed the customers by providing a quality product on time (Operational risk management, 2013). So we all know that in business we always have to give importance to our clients and try to satisfy them. This is what these two siblings did in this case. Their management skills were not in their excellence. They could not maintain sustainability in their business. It was not attractive at all. They were also losing the name and reputation which they had earned in the past years. They used to be a kitchen cabinetry company but they improvised their production type and brought variety to their company and also diversified their business at one go ("Attractive, affordable cabinetry", 2011). But as we know that with every good side a bad side is also included. Here also due to the production of both cabinet kitchen and standard kitchen there was huge work pressure in the production department. This led to the production of partial completion of assignments. They were focusing both on custom and standard kitchen at the same time without thinking about other factor associated with it. They did not have enough space in their factory and neither did they provide any separate space for the production of the products and due to lack of space, they could not even fit the completed products in that area ("Harkinson's Kitchen Cabinet Table", 1896). Hence they had to hire warehouse to store the completed sets of a kitchen, which was an extra expenditure for them. Sometimes even due to high work pressure they lost the track of time of delivery. They delayed the delivery. This caused them lose their reputation in the market. Moreover, the cost, that they had to bear to produce the s tandard kitchen were much higher than the cost that they had to bear to produce custom kitchen. But they got less paid for the standard kitchen. And as days passed the cost associated with standard kitchen were increasing and they were not being able to cope with the situation. Their overall profit margin was also going down (Allasio Fischer, 2010). From the given case we get to know about their misuse of operation management. According to the definition of operation management, the activities of the company should get enhanced day by day. In any business, the business should positively go further towards the improvement and prosperity. But in this business, nothing as such is being seen. Their business is showing deterioration. Their operational management was not at good. They could not manage the input the output of the company. They never understood that the orders those were given by the builders though was a good opportunity but they were actually exploiting them. They were giving them a good amount of orders but they were not paying well (Radomska, 2014). Getting good production is good but new production can only be possible if the old produce can bring enough money for the new ones and also for the modification of the company. Though they got good production, they also increased their company strengths but their profit margin was declining day by day. They just did not go through the expenditures that they were that they were having to pay for each production. They did not have any budget sense as to how much their expenditure towards their products. For any business, a budget sense is very necessary without which no business can flourish (Hellemans, 2002). Yes, their business was increasing but they were not gaining much. The increase in business does not mean that it shall only increase in breadth but it should also increase in economy. They started very well but in the end, they just got messed up due to lack of operational management skill on the part of both the brother and the sister. Their policies were not up to the mark. They should have taken the advice of any other financial advisor to have a better knowledge about the financial condition (Jiang, Klein, Beck, Wang, 2007). Conclusion As discussed above that operational management is very important for every company. Without proper operational management, the working of the company cannot be looked over properly. Like in the above case we have seen that in the urge to get more production and in trying to increase their company they lost their profit margins. While running a company we should have in mind that if one thing changes then other things will also change in the company. There will be problems in the business but those problems have to be sorted on time to get the better of the company. Hence, we can say that a good operational management is very much essential for any company to continue in the long run. References Allasio, D. Fischer, H. (2010). How Far Can Toddlers Reach Onto a Standard Kitchen Countertop?.Clinical Pediatrics,50(3), 262-263. https://dx.doi.org/10.1177/0009922810382573 Attractive, affordable cabinetry. (2011).BDJ,211(8), 392-392. https://dx.doi.org/10.1038/sj.bdj.2011.897 Forchuk, C. (2001). Properly planned de-institutionalisation for mental illness maintained most in community living with enhanced quality of life.Evidence-Based Nursing,4(2), 63-63. https://dx.doi.org/10.1136/ebn.4.2.63 Harkinson's Kitchen Cabinet Table. (1896).Sci Am,21(3build), 48-48. https://dx.doi.org/10.1038/scientificamerican03011896-48cbuild Hellemans, A. (2002). Getting into good company.Nature,416(6883), 5-5. https://dx.doi.org/10.1038/nj6883-05a Huang, Y., Chiu, S., Huang, Z. (2016). A study on optimal ordering strategy for multi-product under contract constraint and stochastic demand an example on S-Kitchen Life Company.Journal Of Industrial And Production Engineering, 1-10. https://dx.doi.org/10.1080/21681015.2016.1191553 Jiang, J., Klein, G., Beck, P., Wang, E. (2007). Lack of Skill Risks to Organizational Technology Learning and Software Project Performance.Information Resources Management Journal,20(3), 32-45. https://dx.doi.org/10.4018/irmj.2007070103 Operational risk management. (2013). Singapore. Radomska, J. (2014). The operational risk associated with the strategy implementation.Management,18(2). https://dx.doi.org/10.2478/manment-2014-0040 SundtoftHald, K. Mouritsen, J. (2013). Enterprise resource planning, operations, and management.IntJrnlOf Op Prod Management,33(8), 1075-1104. https://dx.doi.org/10.1108/ijopm-11-2011-0430.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.