Operations Strategy Essay Example | Topics and Well Written Essays - 2250 words

Operations Strategy - Essay Example23). In order to ensure effective operations strategies and management, the operations managers ought to syllabus and control the production system and its interfaces indoors the organization and with the external environment (Warman 2013). This paper critically evaluates the main issues of operations system and management of Samsung Electronics and the successes of the follow in addressing the issues. Operations strategy / management of Samsung Incorporated The electronics giant majorly focuses on the operations system in managing the whole process from the production to the distribution of its products (Warman 2013). The major aspects of operations system include the energy, materials, capital, labour, and information that argon necessary for the flow of production processes besides determining the position of the company (Gong, Y 2013, p. 32). The key conclusion areas that the management of Samsung Inc. has focused on in strategizing and man aging its operations include the capacity, process applied science, supply networks, development, and organization (Sang-Hun 2012). Samsung Electronics connection is the biggest electronics company in South Korea in terms of market capitalization besides the fact that it is the largest producer of television globally. This market capitalization edge has led to the decision to detach the Liquid Crystal scupper (LCD) operations from the mainstream company (Warman 2013). This is a new business operation strategy that the company plans to implement from the family 2013 to 2014 in order to enhance the global belligerentness of the company. Indeed, this is a sure way to attract more than market and generate more revenue specially considering the fact that the business environment of electronics is highly competitive (Gong, Y 2013, p. 33). This is a perfect example of process technology where Samsung Electronics separates business chains that thrive in the market from its main oper ations (Michell 2010, p. 34). Although the electronics giant saw a 10% drop in the complete sales in the 2012 / 2013 financial year, the operations management are resilient in using ripe technology. This ensures the introduction of more appealing products while at the same time managing the capacity of resources involved (Chang 2011, p. 53). This strategy has worked well for the company, as its shares have elevated to an unprecedented high of 5.1% following the announcement of the separation plan and in turn elevating the prospects for making profits (Mun 2010, p. 110). Lastly but most important, Samsung Electronics has a dedicated and enormous supply chain all over the world thus making it easier to distribute its products including the smartphones to the regional retail stores (Sang-Hun 2012). It is surprising that just a few years ago Samsung electronics was among the struggling electronics industries in the world especially considering the long journey that has seen the compa ny climb the corporate ladder to be the leading electronics industry (Warman 2013). Indeed, in 2012/ 2013 fiscal year, Samsung Electronics recorded an unprecedented high profits that was attributed the Liquid Crystal Display (LQD) television screens. Today, Samsung Electronics is the largest technology company in the world going by the total revenue base of the company. This came more so because of intensive and extensive marketing and operations strategies