Project - Rough Draft
Company Selection
What company will you research and what makes it interesting from an Operations Management perspective?
A company is a legal entity made up of a connotation of people, be they natural, legal, or a mixture of both, for carrying on a profitable or industrial enterprise. There are lots of companies available in almost every city. The name of company that I am research on is PepsiCo.
Introduction
PepsiCo is the second biggest player in the global food and beverage manufacturing. To maintain this position, PepsiCo’s operations management (OM) practices must efficiently address business needs in the 10 strategic decision areas. These decision areas refer to the aspects of business that need to be rationalized together to achieve optimal presentation. PepsiCo’s continuing international growth and development also warrant continuing reforms in such operations management performs. However, PepsiCo’s operations management approaches are generally suitable for the global association.
Operations management refers to the management of business practices to make the highest level of efficiency likely within an organization. As PepsiCo is a very big company of the world so it is important to discuss about its Operational Management Perspective. This management concerned with changing materials and labor into goods and services as professionally as possible to maximize the profit of an association.
PepsiCo has an integrated approach to the 10 strategic decisions of operations management (OM). This method considers variations in PepsiCo’s business areas and markets, as well as different productivity necessities based on product, market circumstances, and other variables.
What do you already know about this topic and what research questions do you expect to answer?
PepsiCo is an American international food, snack and drink company headquartered in Purchase, New York. PepsiCo has welfares in the manufacturing, marketing and distribution of grain-based food, beverages and other products.
Operations management involves applying resources from staff, resources, equipment and technology. Operations managers obtain, develop and deliver goods to customers based on client wants and the aptitudes of the company.
While researching on that company and its operational management there are some of question that will come in front.
1.What are some characteristics of operations management that make it a core business function?
Management in very important to run any company. Operations management in a service setting would focus on insuring that workers are sufficiently trained, that customer service locations are equipped as wanted and are safe for employees and the community, that services are revised as verbalized by customer input or competitive forces.
2.What is the difference between productivity and efficiency?
The main differences between these two are”
Businesses often measure productivity by output during similar time periods. For example, if you produce 1,000 units one week and 1,100 units the next, you are more productive the second week.
Efficiency relates to the quality of your work, which might include generating output with less waste, using fewer capitals or spending less cash.
What kinds of sources (for example, company website, annual report, government websites, and library articles) do you plan to use for research?
When we talk about resources then there is lots of stuff about PepsiCo on internet as well as on company’s website. PepsiCo is an international brand so it is very famous. Articles and annual profits about the company also available on different places. For this research, I would like to use company’s official website and another site related to topic on internet.
Why are you interested in this topic?
There are lots of interesting facts about the company. The most important is that this brand is used all over the world. Everyone likes the products of PepsiCo because it was also good in quality wise.
It was the first soft drink company which introduced two liter bottles. PepsiCo has nearly 500 partners so it is huge brand. These are some of the reason for choosing that topic.
