An effective operations management is a significant part for any organisation. It provides the organisation with reduced costs of manufacturing products and services; increased revenue by increasing customer satisfaction via good quality and service; and reducing the amount of investment. All these aspects help in making the operations management extremely effective.
There are five areas that need to be considered in operations performance objectives which are cost, quality, speed, dependability, and flexibility (Chase, 2012). For IKEA, they have always kept their cost of products at a range that is affordable by people of all classes. The quality of products of …show more content…
Therefore, the planning and control is related to managing the on-going activities of the options so that demand of the consumers can be met (Schroeder, Goldstein, & Rungtusanatham, 2013). Tesco has been changing its interior design more frequently so that it is able to meet the customer satisfaction in a better way. Tesco has recently created its store design in such a way that it helps customers in finding their products right away without having to worry that they would have to go through the entire store in order to search for their