Activities Involving Operations Management Commercial Essay
Management is a 'process': Management involves a range of IT-related functions, such as planning, organizing, staffing, leading and controlling, making it a process. Every manager performs these functions to achieve goals. 2. Management requires effective performance: Effectiveness in management means achieving goals. Lean manufacturing focuses on minimizing waste, optimizing processes and maximizing efficiency. Operations management is a systematic method that analyzes activities to eliminate non-value. Electronic commerce is possibly the most promising application of information technology we have seen in recent years. It is revolutionizing supply chain management and has enormous potential for manufacturing, retail and service operations. The enormous importance of EC has prompted us to write this article. To understand cross-border e-commerce, you first need to understand e-commerce in general. Agarwal and Wu provide a comprehensive conceptual framework for understanding e-commerce in the global marketplace. Building on Dunning 1995, 1998, 2000 and Singh and Kundu, they propose an institution-based network property, E-commerce Operations Management. O2O e-commerce activities extend the scope across the entire supply chain, from product manufacturing, delivery and logistics, supply and inventory management, sales and marketing, purchasing and payment, and customer service and support, as well as highly customized value addition. 7. Easy Commerce Essay Topics for Students. 8. Get started writing. The world of trading is constantly evolving, with innovations and technology changing the way businesses operate. For students studying commerce, there are a wealth of essay topics to explore, ranging from e-commerce and customer relations. 2. Retailers embrace IoT. Internet of Things IoT is revolutionizing e-commerce by making it more efficient and connected. Smart shelves, IoT inventory management and automated checkouts are just the tip of the iceberg. These innovations will make shopping easier and more personal, online and in stores. This page of the essay, Download the full version above. Operations management refers to the activities, decisions and responsibilities for managing the resources dedicated to the production and delivery of products and services. Operations are in principle activities, but it is usually assumed that they are also activities,