1. Summary……………………………………………………………………………3 2. Introduction ………………………………………………………………………...3 3. Competitive Priorities & Business Level Strategy …………………………………4 4. Performance Objectives …………………………………………………………….7 5. Importance Of Performance Objectives To The Organisation ……………………..8 6. Conclusion …………………………………………………………………………11 7. Reference List………………………………………………………………………12
Summary
In reference to this assignment, I selected the first topic which is; Use the 5 objectives of operations management (quality, speed, dependability, flexibility, & cost) to describe the operations strategies, how they are implemented & how they support the organization’s competitive or effectiveness priorities. Indicate the means of measuring the success of operations management (kpi’s). I choose to write a report on Aldi. In the following report, Operations management, strategy of operations management & its 5 performance objectives i.e. quality, speed, dependability flexibility & cost in Aldi will be discussed. Also, the major key performances (kpi’s) & Aldi’s competitive qualities in comparison to the other super markets will be highlighted with relevant tables & diagrams which have suitable explanation.
Introduction
Aldi, the first Australian grocery store was started in January 2001, with over 200 stores operating successfully across New South Wales, Queensland & Victoria.
Aldi is an international limited assortment discount retailer specializing in assortment of private labels & high quality products.
Aldi offers a range of products in its store, like every day grocery needs which includes- fresh fruits & vegetables, frozen goods, dairy products, meat, bathroom & laundry essentials & more.
Aldi supports Australian producers & farmers; therefore it offers Australian grown food products in store. Every day Aldi caters for thousands of Australians who acknowledge the Aldi philosophy as a formula for success. (About Aldi Australia, p.1)
References: ALDI smarter shopping. About ALDI Australia. Retrieved December 3, 2011, from www.aldi.com.au/html/company/3775.htm?wt.z_scr_main Answers.com/ referenceanswers. Retrieved December 3, 2011, from www.answers.com/topic/aldi_group Bamford, D. & Forrester, P. (2010). Essential guide to operations management. Great Britain: TJ international. CANSTAR super market. Companies of super market satisfaction. Retrieved December 3, 2011, from www.canstarblue.com.au/retailers/supermarkets/ Christransean, H., Johamsen, J., & Mouritsen, J. (2003). New challenges in operations management the 9th international conference of the European management association. Retrieved from www.docstoc.com/docs/36054000 Greasley, A. (2008). Operations management. London: Sage publications ltd. Kumar, A. & Suresh, N. (2009). Operations management. New Delhi: New Age International Pvt Itd. Slack, N., Chambers, S., & Johnston, R. (2008). Operations management. England: Financial Times Prentice Hall.