BMG732 Advanced Operations Management – Assignment Brief – Assignment 2: Professional Report 1 BMG732 ADVANCED OPERATIONS MANAGEMENT ASSIGNMENT BRIEF ASSIGNMENT 2: PROFESSIONAL REPORT ASSIGNMENT...

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My company name is Foodstuff. Which is New Zealand company. We have to make report on that. This whole report covered the 4 decision areas. Please make sure that it's not marketing or financial report.


BMG732 Advanced Operations Management – Assignment Brief – Assignment 2: Professional Report 1 BMG732 ADVANCED OPERATIONS MANAGEMENT ASSIGNMENT BRIEF ASSIGNMENT 2: PROFESSIONAL REPORT ASSIGNMENT DETAILS Due: 9am Wednesday 29th May 2019 Weighting: 60% Requirement: You are required to construct an inductive professional report. The development of an inductive report is a strongly applied piece of work and must link theory and practice. You are to: 1. Pick a New Zealand company or organisation. The exact company you choose is up to you, but it must be one for which you can find an adequate amount of secondary data. 2. Undertake a strategic operations analysis of the company to determine the current situation. 3. From your analysis, make conclusions and develop recommendations for the company to provide direction about how it should proceed in the future. Your report must:  Be from the operations management perspective, reflecting key concepts and frameworks we have considered in our readings and discussions (i.e. not be a marketing or accounting report)  Be realistic and functional  Use theory and practice to demonstrate knowledge The report must demonstrate comprehension of the whole strategic operations management topic. Therefore, whatever you choose you must make reference to strategic operations management models, frameworks, concepts and terminology that you have encountered in workshops and self-learning, and from directed material and independent research. This must be combined with industry material and data to provide sound argument, rationale, and decisions, ultimately leading to useful recommendations that your report will produce. Length: 4,000 words (approximately 8 pages), plus references list Learning outcome(s) addressed: 1. Develop and apply operations strategy for a range of organisations. 3. Identify the key components of an effective operations strategy. 4. Formulate operations strategies for a range of small and medium businesses. Refer: Appendix 1. Professional report marking schedule Appendix 2. Critical reading Learning guide – Reports (on NMIT Moodle) BMG732 Advanced Operations Management – Assignment Brief – Assignment 2: Professional Report 2 APPENDIX 1. PROFESSIONAL REPORT MARKING SCHEDULE Name: Section Marking Criteria Mark Title  Well-chosen subject Executive summary  A useful summary of the entire report  Covers the essence of the aims, objectives, findings and main recommendations. Introduction /10  Provides an overview of the subject matter of the report  Establishes the context of the report  Includes a statement about the change, problem or issue that needs investigating  Terms of reference or scope of the report  Defines the objectives of the report  Sets readers expectations  States any limitations or assumptions Discussion /50  Analyses the situation using theoretical and practical concepts  Uses evidence to back claims  Is logical and creates sound argument  Major topics identified  Develops the main issues/themes Conclusions /10  Summarises the key findings – the key issues or problems in the situation  Grounded in the present situation  Listed as numbered points in order of importance  Relate directly to the objectives of the report Recommendations /5  Details the course of action that should be followed  Recommendations flow from findings  Action oriented & focus on the future  Are specific, realistic and achievable Presentation /10  Clear communication  Sound structure  Format, layout and spelling  Uses appendices to supplement discussion  In own language (i.e., >90% paraphrased & <10% quotes). research /15  relevant information  sources referenced correctly, by apa format  broad and deep consultation of reference material  valid information drawn from a number of reputable sources  referencing, in-text and listed by apa format total marks (%) 100.00 bmg732 advanced operations management – assignment brief – assignment 2: professional report 3 grade criteria a-/a-a+ (outstanding /excellent)  a comprehensive exploration of the topic, with sound critical comment and a clear synthesis of the issues. original and/or scholarly content and depth of conceptual and theoretical analysis.  a lucid and logically structured argument with systematic and critical evaluation of the main points.  detailed support from literature with references appropriately integrated.  high quality sources identified, interpreted and evaluated  virtually flawless presentation. clear, concise and logically presented argument and/or discussion. b/b+ (very good)  a systematic exploration of the assignment topic which may include some critical comment and appraisal. substantive content.  clear introduction, conclusion and thematic sequence, with main points elaborated.  regular support provided from the literature. use of quotes where appropriate, with some interpretive comment.  clear expression, well-constructed sentences and paragraphs with feresentation flaw s. c+/b- (competent)  a reasonably balanced summary of the issues as reflected in course study materials. adequate content but lacking theoretical depth.  clear introduction, with some organization of main points but lacking clear links and/or thematic sequence  the text of the assignment shows that the course materials have been read and acknowledged. an accurate bibliography is attached  most presentation details met e.g. spacing, fonts, margin, legibility, citations, grammar, and spelling. c (acceptable)  assignment requirements/topic not fully covered. material is insufficiently elaborated.  overuse of quotations with little explanation. acceptable but flawed content  adequate introduction, with structure barely discernible and/or somewhat confused and some major points missed.  reference material is not well integrated into text of the assignment. little evidence that quality of sources has been considered.  limited acknowledgement and light bibliography  minor presentation flaws. d (flawed)  unacceptable and flawed content, unreflective personal comment, incoherent argument  structure very confused, not discernible, not explained.  little or no evidence of critical reading in the text of the assignment  inadequate acknowledgements and/or bibliography  major presentation flaws. quotes).="" research="" 15="" ="" relevant="" information="" ="" sources="" referenced="" correctly,="" by="" apa="" format="" ="" broad="" and="" deep="" consultation="" of="" reference="" material="" ="" valid="" information="" drawn="" from="" a="" number="" of="" reputable="" sources="" ="" referencing,="" in-text="" and="" listed="" by="" apa="" format="" total="" marks="" (%)="" 100.00="" bmg732="" advanced="" operations="" management="" –="" assignment="" brief="" –="" assignment="" 2:="" professional="" report="" 3="" grade="" criteria="" a-/a-a+="" (outstanding="" excellent)="" ="" a="" comprehensive="" exploration="" of="" the="" topic,="" with="" sound="" critical="" comment="" and="" a="" clear="" synthesis="" of="" the="" issues.="" original="" and/or="" scholarly="" content="" and="" depth="" of="" conceptual="" and="" theoretical="" analysis.="" ="" a="" lucid="" and="" logically="" structured="" argument="" with="" systematic="" and="" critical="" evaluation="" of="" the="" main="" points.="" ="" detailed="" support="" from="" literature="" with="" references="" appropriately="" integrated.="" ="" high="" quality="" sources="" identified,="" interpreted="" and="" evaluated="" ="" virtually="" flawless="" presentation.="" clear,="" concise="" and="" logically="" presented="" argument="" and/or="" discussion.="" b/b+="" (very="" good)="" ="" a="" systematic="" exploration="" of="" the="" assignment="" topic="" which="" may="" include="" some="" critical="" comment="" and="" appraisal.="" substantive="" content.="" ="" clear="" introduction,="" conclusion="" and="" thematic="" sequence,="" with="" main="" points="" elaborated.="" ="" regular="" support="" provided="" from="" the="" literature.="" use="" of="" quotes="" where="" appropriate,="" with="" some="" interpretive="" comment.="" ="" clear="" expression,="" well-constructed="" sentences="" and="" paragraphs="" with="" feresentation="" flaw="" s.="" c+/b-="" (competent)="" ="" a="" reasonably="" balanced="" summary="" of="" the="" issues="" as="" reflected="" in="" course="" study="" materials.="" adequate="" content="" but="" lacking="" theoretical="" depth.="" ="" clear="" introduction,="" with="" some="" organization="" of="" main="" points="" but="" lacking="" clear="" links="" and/or="" thematic="" sequence="" ="" the="" text="" of="" the="" assignment="" shows="" that="" the="" course="" materials="" have="" been="" read="" and="" acknowledged.="" an="" accurate="" bibliography="" is="" attached="" ="" most="" presentation="" details="" met="" e.g.="" spacing,="" fonts,="" margin,="" legibility,="" citations,="" grammar,="" and="" spelling.="" c="" (acceptable)="" ="" assignment="" requirements/topic="" not="" fully="" covered.="" material="" is="" insufficiently="" elaborated.="" ="" overuse="" of="" quotations="" with="" little="" explanation.="" acceptable="" but="" flawed="" content="" ="" adequate="" introduction,="" with="" structure="" barely="" discernible="" and/or="" somewhat="" confused="" and="" some="" major="" points="" missed.="" ="" reference="" material="" is="" not="" well="" integrated="" into="" text="" of="" the="" assignment.="" little="" evidence="" that="" quality="" of="" sources="" has="" been="" considered.="" ="" limited="" acknowledgement="" and="" light="" bibliography="" ="" minor="" presentation="" flaws.="" d="" (flawed)="" ="" unacceptable="" and="" flawed="" content,="" unreflective="" personal="" comment,="" incoherent="" argument="" ="" structure="" very="" confused,="" not="" discernible,="" not="" explained.="" ="" little="" or="" no="" evidence="" of="" critical="" reading="" in="" the="" text="" of="" the="" assignment="" ="" inadequate="" acknowledgements="" and/or="" bibliography="" ="" major="" presentation="">
Answered Same DayMay 09, 2021BMG732Nelson Marlborough Institute of Technology

Answer To: BMG732 Advanced Operations Management – Assignment Brief – Assignment 2: Professional Report 1...

Akansha answered on May 17 2021
140 Votes
Strategic Operations Analysis
(
Strategic Operations Analysis
) (
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Executive Summary
For any organization it is important to understand that what is their current situation and standing. It is important for an organization to understand where they are lacking behind and how they can improve those operations of an organization to maintain the working and positioning of the company. Thus operations analysis is need to be done for an organization timely. In order to understand and create operational procedures, operational analysis is conducted. Using various numerical models, measurable investigations, and consistent thinking strategies, operational analysis meant to decide whether each area of the association contributes viable to large-scale ex
ecution and advancement of the organizational system. In this article the example is been taken of a company named Foodstuffs located in New Zealand to provide a better sense of strategic operations analysis and its importance and how that analysis could improve the operations of the company.
Contents
Executive Summary    2
1. Introduction    4
2. Operations Strategy of Foodstuffs Ltd    5
2.1. History Background    5
2.2. Current Position    6
3. The Operations Strategy Matrix    8
Capacity of Foodstuff Ltd    9
Supply network of foodstuff    10
Process technology    12
Development and Organization    13
4. Conclusion    14
5. Recommendations    14
6. References    15
1. Introduction
Operational analysis is a system that seeks to ensure that your business plan is tailored to your key arrangement. By analyzing the current execution of a speculation's operational segment and subsequently estimating that against a built-up set of execution parameters and goals, operational investigation can uncover organizational qualities and weaknesses just like any open doors for development (Adamides & Karfaki, 2017). Despite the fact that usually thought of excessively unpredictable, operational analysis is a generally straightforward process that is definitely justified despite the effort. Organizations can assess their profitability through a few reasonable advances and redeploy ventures to ensure that exercises are in accordance with the organization procedure (Chung, 2017).
Foodstuffs Ltd. is a New Zealand-based retail organization. Two staple and alcohol retailers in New Zealand, Foodstuffs North Island Limited and Foodstuffs South Island Limited are jointly claiming Foodstuffs Ltd. Together; the two cooperatives are inspecting 53 percent of New Zealand's basic supply advertising. The company includes several franchises named Four Square, Pak'nSave and New World. The only real competitor of Foodstuffs’ is the Woolworths NZ which is a chain of Australian supermarket, so there is a duopoly in the supermarket industry in New Zealand.
The aim of this report is to understand the Foodstuffs, New Zealand operational strategy used in the past and the ones which are used in present to analyze its impact on the company. Also to evaluate the decision areas of Foodstuffs ltd like their supply chain network strategy, capacity strategy, process technology strategy and the improvement plans (Demeter & Boer, 2011).
Operations strategy of the company helps in shape the long-term capabilities of required operational structure and its contribution to the complete strategy by rectifying market specifications with operating resources. Therefore, the report will help the company improve its operational strategy based on the company's decision areas and performance goals.
2. Operations Strategy of Foodstuffs Ltd
Operations strategy incorporates a portion of the important business variables without which it is beyond the realm of imagination to expect to lead a smooth business operation. These are supply chain components, inventory control, process management, layout planning, and quality control (Kaviani & Abbasi, 2014). When Foodstuffs Ltd. was formed it’s not necessary that all of these operational factors were required in the business. There is huge change in operations strategies and management since then. Many new strategies have taken place and many must have improved as the competition is increasing day by day in the retail industry, and to stand out in the competition the company has to improve and implement the new operations strategies with the time (Majukwa & Haddud, 2016).
2.1. History Background
The Foodstuffs group was first formed in 1922 in Auckland. Then within few years there were various mergers and acquisitions to form a co-operative group. Since the facilities were not that great in those years the company included mainly cash flow, inventory, and supply chain in the operations management. There were very limited strategies related to the operations of the retail company. The supply chain strategies were for short term depending on the demand of the products. The cost of supply chain was also high as there were limited sources for the supply management (Foodstuffs, 2019). The inventory management for Foodstuff was also crucial as there were not so many options available to store the food products for a longer time as the food products were perishable. In earlier time technology was not that advanced due to which many important strategies and management in Foodstuff could not work effectively and thus cost of products and services were higher. Also the focus on layout planning was not much as there was less competition in the market and Foodstuff retail store only focused on selling the products rather than focusing on the presentation as they knew that people will purchase the products from them according to their requirement and not on the basis of fancy presentation (Iansiti, 2015).
2.2. Current Position
Foodstuffs ltd has grown into the New Zealand's largest grocery distributor and one of the country's largest organizations, owned and operated by 100 percent of Kiwi. In the success of company a major role has been played by the operations management with the other necessary departments. In current scenario the operations management and strategies play a significant role in the company's success and growth.
Noteworthy steps have been made in establishing the framework for a cutting edge and strong innovation stage that will make ready for Foodstuffs to be progressively imaginative by the way it cooperates with its client base and offers genuine incentive to our clients, while working effective and productive organizations. The capacity management is been taken into consideration to maintain the quality of the products and the services offered by providing the resources. ERP system is been introduced to take care of the required resources and its effective planning and implementation to benefit the business (Foodstuffs Ltd, 2015).
Most importantly the supply chain management incorporates the DC replenishment capacity, essential and auxiliary transport and distribution centre. The 2014/15 monetary year spoke to a huge year of progress. The significant topics were: the administration and social reset, the improvement of a long haul Supply Chain Strategy, and beginning of an Operational Excellence Program (Foodstuffs Ltd, 2015). Supervisory groups were reset with a store administration and security based ethos as the center establishment. Group commitment improved essentially all through the period with the outcome being the formation of a superior culture all through. The Board certified the whole deal inventory network methodology with its prosperity goals, improving store the board, and reliably bringing the expense of generation organize end-down to end. The procedure is gone for situating the business for the future and will be done over a five-multi-year time frame. The Supply Chain Strategy goes for the working impact of a colossal retail stock system all the bound to experience while setting and unraveling the specialty unit. Also, the procedure...
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