The paper “ Utilization of Operation Management Tools and Techniques in Manufacturing” is a meaningful example of the essay on management. In today’ s business environment characterized by the free flow of information, the customers are increasingly becoming well informed. The advent of the Information Age heralded the emergence of a quest for globalization and has piled a lot of financial and operational pressures on organizations. One such operational pressure is the ability of businesses to meet the ever-changing and increasingly complex demands: tastes and preferences of customers. Such complexity and dynamism of customer demands require businesses to work around the clock to ensure that these demands are fully met.
Meeting customer demands enable businesses to remain competitive while also enabling them to maximize profits and therefore survive. Manufacturing as a business function and operation ensures that the goods churned out through the production conveyor belt of the business meet the customer tastes and preferences. It turns raw materials into finished products tailor-made according to market demand. Manufacturing is the foundation upon which other business operations are based on. It is the first line of brand and image creation.
It utilizes data from market research and raw materials from the supply chain and merges them to produce goods capable of meeting the quality standards as required by both the customers and the relevant laws. It is therefore the bedrock upon which various strategies are laid; it is the ultimate tool for gaining competitive advantage in a competitive and crowded modern-day market place. The globalization of most economies has opened new territories and geopolitical zones. The differences in cultural, religious, social, economic, and political backgrounds call for dynamism in business operations.
This is further compounded by the increased competition as a result of the mostly free-market economy that comes with globalization. To stay relevant companies must, therefore, go beyond meeting the diverse and complex needs of their clients; they must be able to compete sustainably. Their products and services must be creative, innovative, and revolutionary. But most importantly, they must be inimitable. They must not be vulnerable to imitation which is rampant in today’ s world.
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