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Fusion Retail Brands Paper

1438 Words6 Pages

Introduction

Operation management is the process of planning, organizing and controlling the activities that takes place in an enterprise using various resources, that includes the transformation of the inputs (raw material or unfinished goods and labor) into the desired output (goods and services) along with maintaining the quality of the product and services for the purpose to increase the profitability of the enterprise (Li, 2014).
In this report, I shall identify the overall input, transformation and output operations of the firm as well as identify the major operation areas that are critical to the competitive advantage of Fusion Retail Brands whiles critically evaluating the performance of each identified area using the appropriate …show more content…

It is a system that maintains the quality and amount of the stock of products according to the present and future need and maintaining the costs of all the processes. The Fusion Retail Brands collects the products from the different brand suppliers and maintain the stock of the products according to the demand of the products by the customers while maintaining the quality of the products. By maintaining the stock of required products, the company meets the demand of the products needed by the customers; it enhances the customers' satisfaction. Hence, the performance of the inventory management of the company is effective (Milner, 2017). …show more content…

It is a process that is related to the availability of the products and to meet the demand of the products through maintaining the product quality. Many times, the company suffered the loss because of unavailability of the products in the stores and delay in the supply of the products. The flow of the products in the different stores is affected due to insufficient supply of the products. The company is concerned about the design and quality of the product which is an advantage for the company that helps to maintain the customer's demand, but the delay or insufficiency of the products affects the profitability. The performance of the supply chain operations of the company is slightly ineffective as the company is facing the problem regarding the operations of supply and demand but the quality of the products is the positive aspect of the company to maintain the customer satisfaction(web.mit.edu, 2017). (dependability)
Performance Measures

Performance measures is an indicator that is used to analyse how well the organisation can achieve the goals, which includes the reviewing of the performance of the distinct functions of the organisation or if any improvement is required. The company is facing some problems with supply chain, and apart from that all the other functions of the company are effective to enhance the profitability, and the performance

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