Operation Management Essay Example | Topics and Well Written Essays - 6000 words

Operation Management - Essay mannequinIndeed recognition of a modern telecommunication infrastructure is very much essential for boosting up the growth of the economy as well as its social well being (U. S. Industrial Outlook, 1994 headache Forecasts for 350 Industries, 1994, p.28). The report deals with a runty US based Telecom Company and its application of operation care practices backed with diverse theoretical frameworks of operation management (discussed in the theoretical framework section). The company in application is basically a provider of telecom manufacturing service to various small scale engine room companies. The company has employee strength varying between 30 and 35 and is situated in the United States of America. The areas of metier of the company are circuit cards manufacturing, system level assemblies and precision sheet metal. The company as well as receives funds from a big telecom company which provides products like metal chassis and assemblies. Coming to the information pattern of the company, the revenues of the company in the fourth quarter of the stratum 2012 increased by a small percentage compared to the fourth quarter of the fiscal year in 2011 but the net income of the company declined importantly as compared to the previous year. The growth of the company taxed the current operational processes and a necessity for an automated event was necessary for the purpose of processing as well as analyzing the telecom invoices. There was also an increase in the number of employees by the company for meeting the demands of the customers and also in that location were escalations in the number of services being purchased by the employees of the company. The cost per employee also increased because the employees used cell phones, pagers and other electronic gadgets without priggish oversight. There was also increase in the costs of internet access for the telecommuters. An urge for Total fictional character Management functio ning was highly felt. There was development in the information technology database along with the development in the tools. But the development in the IT tools was not properly engaged in streamlining the charge procedure of the company. Data collection in the United States is more or less straightforward but there is a great difference in the billing processes among various countries as various countries using antithetic ledgers and various global solutions and also with respect to the knowledge of global currencies. Variations in vendor commercial performances added layers of intricacies to the billing organization chore. It can be stated that the companys financial strength is declining a pussy but the company also has a potential market presence and directs towards maintaining a strong vista for itself. 2. Outline of the purpose of the study The company encountered a bad phase of revenue decline from year 2004 to 2007 during which it served some of the big companies in the telecom industry as its client. The problem was that these were all high plenty but low margin accounts and pricing pressure adversely affected the companys cabbage portfolio. After that it moved into the domain of military and aerospace industry which escalated the companys growth to a sure level. But the military and the