Facilities and Events Operations Management Term Paper

Facilities and Events Operations Management - Term Paper Example This function is also responsible for the fulfilment of the requests of the customers through creation and delivery of the required facilities and events. Depending on the manner in which an organization is structured, the precise nature of tasks, which are classified under the operations function, can be different from one business to another; nevertheless, some activities can be applied to all the forms of operations. These include: Understanding strategic goals, which involves the managers in charge of operations precisely understanding the objectives of the company and developing clear visions of the ways in which operations will assist in achieving them. It also entails the translation of these objectives into implications for how operations perform, goals, quality, speed as well as reliability, flexibility and costs. Development of an operations strategy, where as a result of the numerous number of decisions made as far as operations is concerned, it is important that the people responsible have a set of regulations that assist in aligning these decisions with the long term objectives of the company. All companies can be widely divided into two main categories, which are manufacturing and service companies. Regardless of the fact that both categories have operations management functions, these differences create unique challenges for operations as the characteristics of the products differ. Two key distinctions exist between the operations of companies that deal in products and those that concentrate on services. To begin with, organizations that deal with products produce physical and tangible products, which may be stored in inventory prior to it being required by the consumer. In contrast, companies that deal with services produce products that are not tangible and cannot be produced before the customers need them. Further, the companies that deal with tangible products, the consumers usually do not have a direct contact with the production