Tuesday, May 5, 2020

Operations Management Outdoor Power Centre of Brisbane

Question: Describe about the Operations Management for Outdoor Power Centre of Brisbane. Answer: Introduction The Outdoor Power Centre of Brisbane is well known in over the world. The centre is located in three locations in the Brisbane Queensland city. Though these three branches are similar in nature, they provide different product at different centre of Brisbane. The company is founded by Donald Saxon in the year 1985 in Mt Gravatt. On that time the company was not so grown up in Brisbane. Then the company purchased its strathpine centre in 2001 as a going concern. After 2001, the company has grown up in the worldwide. Now the operation management of the company in Brisbane has much improved. The company is providing genuine products to the customer. In the year 2004, the company made a quick achievement followed with the purchase of Ipswich Store. After 2004, all the branches of the company is working well in the industry. Finally Whilst Green was taken to manage the whole company. He manages all the branches properly within the country. According to Ronald, basically the company operate s as an independent business. So, the success of the company is fully depends on the operation management of the company. Outdoor Power Centre in Brisbane is principle based companies which thinks about the customer who must exact know about their products and services (Buys, Vine Miller, 2013). Background of the company The Whilst Green, the CEO of the company has managed the whole operational plan of the company in Brisbane. After foundation of Ipswich Store, the company has also built up its branches in some other places like Mt Gravatt, Belinda Green which Strathpine and Adam Conte. The Belinda Green in Brisbane is working since 10 years within the industry. After the retirement of Donald and Louise Saxon from the company, Belinda has the power to buy the business and incorporated Green Plus Private Limited in Brisbane (Buys Miller, 2013). Purpose and Scope of the Company As Brisbane Outdoor Power Centre is a principle based company, it has some vital aims and objective in the country to grow up the business into worldwide. These purposes are as follows; The company has the aims to provide better services to the whole branches of the company in Brisbane. The company wants to achieve a labeled with a full ingredient lists for the customer. The company has the aims to attract some retail customers as well because of a strong reputation for knowing staff within the country (Khan Riaz, 2013). The company wants to increase the premium and the customer would also be happy to pay more amount as a premium because they are satisfied with the companys product. Current Purchasing Power From the three branches of Outdoor Power Centre in Brisbane, all the branches of the company are running well within the industry. Customers are buying the companys product in large quantity. The company has a good purchasing power because it gets more premium amount from customers. According to Belinda, the customer buys the companys product at large quantity because the product is genuine and satisfactory. The reputation of the company is so strong because customers are happy with the product. As the company is growing well in the industry, it has a very good purchasing power in whole branches in Brisbane. Now the company is running by Belinda after the retirement of Donald and Louise and she properly maintain the product demand and needs of the customer. To improve the skills of purchasing power, it maintains a good supply chain in the country as per the needs of the customers (Wang, 2013). Inventory Management Process The Outdoor Power Centre is one of the best manufacturing companies in Brisbane which produces various products for the customers in large quantity. These products are chainsaws, bikes, blowers, brush cutters trimmers, chippers, edger, generators, mowers and many more. The company maintains some good operational management to produce these products in a specific manner (Stadtler, 2015). Inventory management process of the company is a scientific tool to measure the performance of the present stock which indicates that how many stocks of the company should maintain to meet the requirement of production demand. It is also helpful to provide genuine stock at needed time in the company. The management of the company also maintains the right quantity at a competitive price in the market. Operational management process of the company is more convenient to make business in Brisbane because it fulfills the customers needs. By the term inventory process it actually considered as the money process of the company which avail the shape of material in the company (Johnson, 2014). Comparative Advantages and Disadvantages There are certain major advantages of the inventory management process of the Outdoor Power Centre in Brisbane because the company is following guidelines of inventory management as well as operational management for the growth and success. As the company is maintaining the growth, it has some basic benefits in the company. The basic advantage of the process is to determine level of optimum inventory which means that the wastage of working capital is reduced in the company. With the help of inventory and operation process the company determines degree of control to measure the performance of the company in Brisbane. A good inventory management process helps to save time and money strategy in the company and also increase the efficiency and productivity. The company maintains its own sources and purchasing power with the help of all three of inventory managers in the company. The company can reduce the cost of labor if there is proper maintenance of inventory management in the company (Stadtler, 2015). On the other hand there are also some demerits of inventory management process in the company which is not good for the growth of business. These disadvantages are as follows; Sometimes customers buy the product at little cheap rate, this might not be good for the growth of the company. The process is maintaining the whole three branches of the company in Brisbane. For this it may traditionally suffer from losses. There is high cost of implementation in the company by which the process of inventory may not improve to get better performance. As the company is running in three branches in Brisbane, there is some complexity of process which is one of the negativity of the company. In order to run the company in whole branches properly, it may consume more time for the production process by which customers cannot get the product at that time as per their needs (Rushton, Croucher Baker, 2014). Whilst Green considered some problematic issue of the company because all the three branches are not properly maintained by the inventory manager at the same time. Increase in Efficiency and Reduce Investment of the company Supply Chain: The supply chain process of the company is widely running within the whole country. Further, it has been considered that the company has best supply chain in all branches of Outdoor Power Centre in Brisbane. The supply chain process increases the efficiency of the company because it plays a vital role in the company to produce goods as per needs of the customers. It gives opportunity to seek optimization in the company. The company pays regarding carrier quality of the product by which it can produce high level of goods to increase the efficiency of the company. Supply chain shows the overall financial position of the company. In order to increase the efficiency of supply chain, the company has to make some implementation and protection for the logistics phase. Concept of supply chain and inventory management is very much needed to increase the efficiency of the company to make a better customer relationship management and process integration within the country. The company produces more goods as per demand of the customer. People in Brisbane have needs of those products. If customers buy this product, the supply chain may increase the efficiency of the company. (Mohan Mizzi, 2013). Inventory Management: As the company is running in three branches in Brisbane, the investment of the company may reduce. On the other hand, inventory management is very much needed to reduce the investment cost in the company. If there is a good inventory management system, the company may earn more profit and if the company is earning more profit, it is the way to reduce the investment in the company. All performances of the company are fully dependable on the management inventory which may reduce the cost of investment in the company. In all branches products are different because the company produces the product as per people preference of that place. It means that there is low investment because of different products in different branches. Inventory management is much needed to reduce the investment in the company because it is a basic managerial tool to manage the whole strategic system properly and to implement the virtual integration in the company (Pettersson Segerstedt, 2013). Maintain Level of Adequate Stock According to Whilst Green, the supply chain process of the company maintains the adequate stock level in the company. Inventory management maintains all departmental tools relating to production of goods in different branches of the company. The company maintains some adequate stock in the company to improve the performance of the company. If there is sufficient stock in the company, it should be grow up successfully. If the stock level is not maintained properly, the company cannot grow up smoothly. The company knows that at what quantity the customer demand for the product. For this it has sufficient stock in the company to produce sufficient products for people of the country. From the above findings it has been considered that the company has best supply chain and inventory management is properly maintained as well as the stock level is maintained adequately in the company (Young, 2013). Recommendation and Conclusion From the above discussion it has been considered that Outdoor Power Centre in Brisbane is located in three branches which provide various products to the customers. Though the company is same in nature, the products are different in all branches. According to Ronald, basically the company operates as an independent business. The company wants to increase the premium and the customer would also be happy to pay more amount as a premium because they are satisfied with the companys product. Operational management process of the company is more convenient to make business in Brisbane because it fulfills the need of customers. The company maintains its own sources and purchasing power with the help of all three of inventory management in the company. In the recommendation part of the company, an action plan of success of the company may be treated for better understanding of the study. With the help of best supply chain and a genuine inventory management system in the company, it can reach the growth point of the company because the companys success is fully depends on the good and efficient management skills. The inventory management also maintains the adequate level of stock in the company. Green improves the performance of the company in all three branches where all products are available as per customers needs. If the company runs as usual in all branches, it should become very successful in future. References Buys, L., Vine, D., Miller, E. (2013). What makes inner city high density liveable? Insight from residents in Brisbane, Australia.Environmental Management and Sustainable Development,2(1), 14. Kyte, S., Jones, C. F. (2014). The plaza at the Brisbane showgrounds.Landscape Architecture Australia, (141), 56. Khan, A. A., Riaz, S., Iqbal, J. (2013). 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