Operations Management Essay Example | Topics and Well Written Essays - 1500 words - 13

Operations Management - Essay Example The international nature that is evident in the markets as well as competition has made many of the companies that operate globally to make reviews to their operations strategy and the companies are thus moving from the centralized operations to the decentralized ones so that they can benefit from the accessible resources while being closer to the markets. The organizations have also made several changes in the approaches, techniques and operations they employ with the goal of meeting the evolving requirements associated with the market. Companies therefore have to be in competition on the basis of more than one competitive performance goals that include quality, cost, receptiveness, suppleness as well as reliability.Mass customization has therefore developed to be a key goal as in many of the companies and the organizations are developing the build-to-order supply chain so that it can be flexible and responsive. To accomplish mass customization, the build-to-order model has to be ac tively implemented in a variety of industries, company like BMW allows the customers to make changes to the vehicles that they want within six days of the final assembly and this includes an entire change in the colour of the car. This enables the company for example, to build more than half a million permutations of the Z3 since they can be tweaked to the customer’s specifications in the event that he or she wants adjustments.As a result of the escalating international competition as well as a decline in the profit margins.

HRM Essay Example | Topics and Well Written Essays - 1000 words - 2

HRM - Essay Example Both organizations are based in Yorkshire and provide financial services. In order to recruit the right workforce, both organizations are in direct competition with each other. For this purpose, both of them recruit graduates for their trainee programs. In order to place them on management or professional posts, both organizations have training programs. For the recruitment of graduates, both Goldstan and Hodell use visits and advertisements within universities in Yorkshire. Whereas, Goldstan further utilizes local newspapers and recruitment consultants in this regard, while Hodell utilizes professional journals and it also takes help from advertising. The Goldstan asks it applicants to submit the application form that is filled in by hand, not type written or printed. On the contrary, Hodell has adopted a very catchy technique to attract the graduates since the 1970’s. The company provides brochures to graduates that talk about the advantages of working with the organization and the prestige of the company. It requires Curriculum Vitae of the candidate with a covering letter. The selection process at Goldstan undergoes a single panel interview. The Head of the Department or Human Resource Manager conducts the interview where the recruit is required. The interviewee is asked to give a fifteen minutes presentation on a specific issue following the interview. If the candidate is found satisfactory with his performance and capabilities, then the employment offers are made. On the other hand, Hodell holds two interviews with the candidates. The first interview is conducted by the Human Resource Manager while the second one is conducted by the Head of the Department or with the senior employee / staff member of the department where the vacancy is available. Following successful interviews, the candidate is then supposed to complete personality and intelligence tests. Once the candidate passes these