Sunday, April 28, 2019

International Business Operations Management Essay - 1

International Business Operations Management - Essay ExampleAnd proceeds tends to be covariant across the range of products which are usually made to-order. Further, there may be a conk in time between orders and livery, due a bottle-neck in the change-over of production methods (Perison, Brown, Easton, & Howard, 2002). Thus, with this traditional nominate of trading operations management, the process is labour intensive and idle time is much more likely.Organizations are making the flip-flop from batch production to a more outlinear and continuous form of operations. This paper will refreshen the effects of the switch from batch to line processing for a fictional Company. Firstly, a definition of line processing will be given. Secondly, an evaluation of the effect the change will have on five-spot core areas of operations will be provided (marketing, accounting, finance, human resources and information systems). Finally, a conclusion shall synthesize the important points and support the use of line processing for the Company.A definition of line processing is a method of mass production that is high volume and extremely cost efficient because it is not labour intensive (Shim & Siegel, 1999). There is minimum changeover of equipment, processes and staff when products are being manufactured, due to the standardization and minimization of a product range (Horngren, Foster, Datar, & Srikant, 2000). Higher profit margins are expected because of higher sales. Costs are salvage across the whole management system and there are better quality products and improved delivery service, making the Company more cost competitive.Looking to Accounting systems of the Company, this department would have contributed to team discussions by development linear programming to forecast which product/s were to be deleted from the range, or which to be outsourced to smaller manufacturers if they were advantageous (Pizzey, 1989). Accounting would also have been responsible for input as to the potential sales increases expected from the operations change-over. Also, the department would have advised on the positive changes to inventory systems with line processing, as the method would consent to for just-in-time production. Cost savings and the ability to order stock more consistently rather than rely on storage, would make the Company more cost efficient (Horngren et al., 2000). The savings would be passed onto staff in the form of simplifying bookkeeping management, and increasing wages. Turning now to Finance, this department would need to have provided simulations and forecasts of the process selection of production methods to achieve increased sales and profits (Mayle, Bettley, & Tantoush, 2005). As sensitivity analyzers, the Finance staff would have fixed the pessimistic, actual or optimistic volume expected from making the switch. Estimates of time, costs and cash inflows contribute to predicting the economical life of an organization, and h elp determine when the proposed changes will come into effect. The net present value and future great investments of the switch as established by simulations would indicate whether the change be financed internally or outwardly (i.e., through investors or loans) (Horngren et al., 2000). This establishes the product life cycle in the global market at the moment.The selling department would have involved themselves in potential advertising costs. It is unlikely that branding would have been effectuate with the

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