Operation Management - Copy
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Transcript of Operation Management - Copy
FUN CHOCOLATES DUBAI
Fun Chocolates Dubai: Operations Management
Operations Management: Fun Chocolates Dubai
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Table of Contents
Abstract................................................................................................................................3
Executive Summary.............................................................................................................4
Introduction......................................................................................................................4
Productive System............................................................................................................4
Product/Service Design.................................................................................................5
Planning........................................................................................................................6
Potential of the Business...............................................................................................6
Phisibility......................................................................................................................7
3 C-s.................................................................................................................................7
Customers.....................................................................................................................7
Competitors: Case Study...............................................................................................7
Capabilities...................................................................................................................8
Marketing Mix..................................................................................................................8
Chocolate Distribution..................................................................................................8
Chocolate Promotion....................................................................................................9
Operations........................................................................................................................9
Facility Layout..............................................................................................................9
Suppliers and Resources.............................................................................................10
Evaluation of Performance..........................................................................................10
References..........................................................................................................................12
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Executive Summary
Current report examines the operation management process with the assistance of item outline process from beginning to appropriation. The report reveals insight into the foundation of "Fun Chocolate Factory", its item outline, showcasing method, execution management, task arrangement and other related subtle elements. The "Fun Chocolate Factory" will be created in Dubai. The product offering incorporates chocolates of all flavors. The report reveals insight into the extent of this business in Dubai. The creator has clarified in detail the dispatch of item, generation costs, creation time, expenses, store network management, advertising and execution evaluation.
Introduction
Operations management is the methodology to oversee assets that assistance to create and convey items and administrations. The order of Operations management has risen up out of the field of operations exploration and modern designing amid the most recent 40 years and it and has ended up key center of the examination. Amid its advance the order of operations management has experienced assorted accentuations on subjects considered, for instance MRP, JIT, and TQM. The particular operations in the foundation of a business incorporate tending to legitimate issues and danger management, exact business operations, choosing areas, selecting offices, and outlining format, and management of human assets. (Mariotti &Glackin, 2012)
Productive System
This section discusses the productive system and comprises a flowchart of all the
process and explanation of these processes. The productive system discusses is an
information about eh launch of chocolate factory in Dubai. The steps include from
planning phase of the factory to distribution. The flowchart given below shows the
procedures. All the steps have been explained in detail.
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Figure 1-Project Plan from inception to Completion
Product/Service Design
This section discusses the productive system and comprises a flowchart of all the
process and explanation of these processes. The productive system discusses is an
information about eh launch of chocolate factory in Dubai. The steps include from
planning phase of the factory to distribution. The flowchart given below shows the
procedures. All the steps have been explained in detail. I have designed my product
using Delight Chocolate Factory as case study. This is the main competitor in Dubai.
Based on this analysis the products and services to be offered under this factory
include; Chocolates of ten varieties including milk chocolate, dark chocolate, white
chocolate, toffees and candies.
The design of chocolates will be representative of its names. An innovative design
will be applied. Chocolates will be given shapes as per different occasions.
The company will prepare packing for different occasions and special discounts will
be offered for these occasions on bulk orders.
The special focus will be on the quality conformance because it has many external
and internal benefits. External benefits include enhancement of the product in the
market and less customer’s complaints while internal benefits include prevention of
error slowing down throughput speed, prevention from errors instigating internal
untrustworthiness and low dependability and prevention from errors that lead to waste
of time and efforts as well as save costs. (Slack, Chambers and Johnson, 2010)
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Planning
Below is a Gantt chart showing Time (duration) of the project, Calendar days (planned and actual time), Dependability's (interdependent points) and Percent of completion
Planning of the Chocolate Factory include, finding location for the factory, arranging
finances for the factory, construction of the facility, finding suppliers and retailers,
finding equipment to be installed at factory, installation of the equipment, hiring and
managing staff and performance management.
Potential of the Business
The business has an awesome potential on the grounds that Dubai especially and UAE
by and large is a business opportunity for chocolates and different desserts because of
its quickly developing economy, developing populace and pay every capita. The
chocolate will be dependent upon worldwide standard in taste and quality. Chiefly
neighborhood sources will be utilized including dairy items for arrangement of the
chocolate notwithstanding work and different representatives. This will spare cost on
the business.
As per 2010 National Bureau of Statistics, the number of inhabitants in UAE is 8.9
million. This is a rich nation with expanding number of settlers desiring the
motivation behind job.
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Further UAE is a rich nation. The measurements uncover that at present UAE is the
quickest developing economy on the planet. It is obvious from a late report by the
Ministry of Finance and Industry that insignificant GDP climbed by 20.8% in 2012 to
$360 billion, when contrasted with the $298 billion in 2011 (DIFC, 2013)
Phisibility
Dubai provides a tax free business environment which is one great advantage for
establishing a “fun Chocolate Factory”
UAE government provides funds for its own citizens to do business which is a great
advantage.
Customers
UAE is a rich country and has been identified as one of fastest growing
economies. UAE has 248 chocolate manufactures. As the company is rich due to its
oil production, it has growing population with the increasing portion of immigrants.
Competitors: Case Study
The business has an awesome potential on the grounds that Dubai especially and UAE by and large is a business opportunity for chocolates and different desserts because of its quickly developing economy, developing populace and pay every capita. The chocolate will be dependent upon worldwide standard in taste and quality. Chiefly neighborhood sources will be utilized including dairy items for arrangement of the chocolate notwithstanding work and different representatives. This will spare cost on the business.
As per 2010 National Bureau of Statistics, the number of inhabitants in UAE is 8.9 million. This is a rich nation with expanding number of settlers desiring the motivation behind job.
Further UAE is a rich nation. The measurements uncover that at present UAE is the quickest developing economy on the planet. It is obvious from a late report by the Ministry of Finance and Industry that insignificant GDP climbed by 20.8% in 2012 to $360 billion, when contrasted with the $298 billion in 2011 (DIFC, 2013)
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Capabilities
The strong point of the “fun chocolate” is its quality and innovative design.
Further prices will be competitive and discount packages will be introduces. The
business has a capability to flourish as UAE is a rich county with people from diverse
cultures living there.
Marketing Mix
Chocolate Distribution
There is broad writing on the structure of circulation channel and distinctive issue for instance, contract sorts through which vertical individuals can composed with one another,, harmony direct structures on the off chance that even rivalries are show, the effect of channel power on the choice settling on methodology of firms' choices. For the circulation of 'fun chocolates' there are two advantages that can be gotten; one from its development and second from getting crude material from supplier at low costs as has been indicated by Arya (2007) that to backing its customers requests the supplier will bring down its wholesale cost. While there exist system impacts the "fun Chocolate" will procure higher benefit on the premise of its advancement as showed by Conner (1995) Factory will be secured in the modern territory of Dubai. At first chocolate will be sold to retailors in UAE.
Chocolate Promotion
Dispatch of another item dependably charges an extensive responsibility of assets underway and promoting, a watchful arranging is obliged to present another item (Dobson and Kalish, 1988). There are distinctive showcasing methods that can be received, for example, informal, social networking advertising, and publicizing. For the Fun Chocolate plant at first a commercial and pennants at nearby level will be utilized trailed by web promoting and informal system will be utilized for the advancement of "Fun Chocolate".
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OperationsFacility Layout
The methodology of laying out a plant includes choosing perfect spot to, "put offices,
machines, supplies and staff in the assembling operation". A format is useful in
characterizing the route through which material and different inputs stream. An
extensive format is important for smooth working of a production line as a solitary
missing machine in a processing plant can turn into the reason for aggravation to
operations stream. This will resultantly influence expenses and adequacy of an
assembling operation. Outlining a wrong design can prompt inadequacy,
determination, extensive volumes of stock and work in advancement, lifted expenses
and unsatisfied clients. In the event that there is a need to change the design after
launch of the venture, it will be troublesome and costly. (Mark Allington,2006)
FactoryWorkers
RetailArea
ShopProcessing Plant
Packaging
ReceptionManager
Office
Figure 2-Facility Layout
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As now a day's business surroundings has ended up more aggressive there is a need to
viably oversee production network. A compelling inventory network management
technique serves to boost esteem, reconciliation of methodology, upgrade of
responsiveness and decrease in process duration.
The chocolate will be arranged utilizing generally created dairy items and additionally
transported in cocoa. Neighborhood work power will be utilized to build the building.
All staff will be enlisted from UAE.
Evaluation of Performance
For execution assessment a management by target methodology will be utilized. This
methodology was presented by Peter Drucker in his fantastic 1954 book, 'The Practice
of Management'. Drucker's contention was that every worker ought to have an
individual execution targets and that target must be adjusted to the business procedure
of the organization. In his own particular words;
"Every administrator, from the "enormous supervisor" down to the creation foreman
or the boss representative, needs unmistakably spelled-out targets. These goals ought
to lay out what execution the man's [sic] own managerial unit should produce. They
ought to lay out what commitment he and his unit are relied upon to make to help
different units get their targets. [… ] These goals ought to dependably get from the
objectives of the business undertaking. [… ] [M]anagers must comprehend that
business results rely on upon an offset of endeavors and results in a number
of regions. [… ] Every chief ought to capably take an interest in the improvement of
the targets of the higher unit of which his is a part. [… ] He must know and
comprehend a definitive business objectives, what is anticipated from him and why,
what he will be measured against and how" (Drucker 1954, pp.
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References
Andersen, Nik (2009). "Client legal privilege and in-house counsel: Current law, recent developments and overseas comparisons". Journal of Judicial Administration (North Ryde, NSW: Lawbook Co.) 19: 36.
http://www.emirates247.com/business/economy-finance/uae-gdp-up-62bn-in-2011-imf-2012-05-20-1.459411
Anil Arya, Brian Mittendorf, and David E. M. Sappington.The bright side of supplier encroachment.Marketing Science, 26(5):651–659, 2007.
DIFC.(Dubai International Financial Center. Website http://www.difc.ae/dubai-business
Dobson, G. and S. Kalish (1988). Positioning and Pricing a Product Line. Marketing Science, 7(2), 107-125.
Drucker, P. (1954) The Practice of Management, New York: HarperCollins.
http://www.delightchocolates.com/
http://www.difc.ae/dubai-business
Kathleen R. Conner. Obtaining strategic advantage from being imitated: When can encouraging ”clones” pay? Management Science, 41(2):209–225, 1995. 0025-1909 Article type: Full Length Article / Full publication date: Feb., 1995 (199502). / Copyright 1995 INFORMS.
Slack, Chambers and Johnston (2010) Operations Management. 6th Edition
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