Lean Manufacturing And Its Effect On Businesses - UK Essays.
Agile manufacturing is a new concept and can be argued is the next evolutionary step from lean manufacturing. Agile manufacturing is a concept that would allow organisations to gain a competitive advantage over their major competitors by being able to rapidly respond to changes in the market place.A manufacturing business is any business that uses components, parts or raw materials to make a finished good. These finished goods can be sold directly to consumers or to other manufacturing.Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UK Essays. Starting or running your own business is a very big task,running your own business is also challenging ,interesting ,rewarding.
According to Collins English Dictionary (1986), an operation is defined as “a process, method or series of acts especially of practical nature”. According to Galloway (1993) “operations management is concerned primarily with manufacturing or the change of state of physical goods”.Key Functions Of Operation Management Business Essay. Contents. Introduction; this research is outline the various factors of business environment to achieve their business objective through main three prospects, clearly understand and knowledge about the useful elements.
Businesses have mainly three areas of interest as depicted in figure 1.1: finance, marketing and operation. Most organization has the same pattern whether it is a retail store, or a manufacturing firm, businesses follow the same basic functions. Three basic functions of business organizations.
