Wednesday, May 1, 2019
Operations Management - An Integrated Approach Case Study - 4
Operations Management - An Integrated Approach - cheek Study ExampleThe entrust is concentrating on a client-based change, in a bid to exacerbate its agonistic advantage. Staffing, layout, and facilities are the critical targeted aspects in the customer good pursuit (Dan Reid & Sanders, 2005). The operations management should further flyer for an all-around treatment of operations components. These are quality, speed, dependability, flexibility, and cost (Dan Reid & Sanders, 2005). Since the bank is concerned with the customer aspect, the cost federal agent does not count in the required changes. However, it is important for the management to ensure that the bank operates within budget. The banks strategy to enhance its competitive advantage should target quality of its financial services, the speed of service at all levels, institutional dependability and flexibility of financial services to suit the different customers served. quick-wittedness upgrades will also complement t hese undertakings. A strategy tailored towards cutting be rather than promoting customer service would require operational adjustments and re-adjustments where possible. Cutting on costs means that no additional costs can be incurred, and the already observed budget should be on the verge of declining. The improvements aforementioned in question two may need to be re-evaluated. The primary concern would be to enhance cogency and effectiveness of the already functioning system in the bank. Facility upgrades may not be employed, just now the quality, speed, dependability and flexibility aspects can be redesigned to become more efficient at the current or even lesserbudget.
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