INTERNATIONAL UNIVERSITY COLLEGE CARDIFF METROPOLITAN UNIVERSITY MBA 7061: Operations Management Module handbook Prof. Nako Stefanov, PhD (module leader) Plamen Petrov 2014-2015 International University College Cardiff Metropolitan University Programme: MBA Module: MBA 7061 Operations Management Lecturers: Nako Stefanov, Plamen Petrov Module assessment: Assignment – 100% Assignment brief included at the end of this file. Literature: Cousins, P., Lamming, R., Lawson, B., and Squire, B., (2008), Strategic Supply Management: Principles, Theories and Practice, Prentice Hall; London. Fitzsimmons, J., and Fitzsimmons, M., (2010), Service Management: operations, strategy and information technology, McGraw-Hill Higher Education; Boston MA. Hill, A., and Hill, T., (2012), Operations management, Palgrave Macmillan; Basingstoke Hollins, W., and Shinkins, S., (2006), Managing service operations: design and Implementation, Sage Publications; London. Johnson, R., and Clark, G., (2012), Service operations management: improving service delivery, FT Prentice Hall; London Lysons, K. & Farringhton, B. (2006) Purchasing and Supply Chain Management. 7th ed. FT/Prentice Hall, ISBN 0273694383 Slack, N., Brandon-James, A., and Johnston, R., (2013), Operations Management, Pearson; London Weele, A. (2010) Purchansing and Supply Chain Management. (5th ed.) South-Western Cengage Lerning Journals: California Management Review, Harvard Business Review, International Journal of Production Economics, International Journal of Operations & Production Management, International Journal of Logistics Management, International Journal of Physical Distribution and Logistics Management, International Journal of Production Economics, International journal of Services and Operations Management, Journal of Operations Management, etc. Topics: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Operations strategy Customer service Managing capacity and demand Scheduling operations Waiting, queuing theory and practice Managing inventory Quality management tools and techniques Process analysis and improvement New product and service development Purchasing and supplier management 2 |Page International University College Cardiff Metropolitan University Programme: MBA Module: MBA 7061 Operations Management Lecturers: Nako Stefanov, Plamen Petrov Module JACS Subject Code(s) and ASC Module Title Number % of each subject Category(ies) Operations Management MBA7061 N900 7 Level (3-8) Credits ECTS Credit Module Value % Taught in Welsh Module Type 7 20 10 1.0 0 Taught Teaching Period Pre-requisites Semester Two None Module Leader School(s) Campus Prof. Nako Stefanov (module leader) IUC, Bulgaria Sofia and Varna Boyko Ovcharov Assessment Methods Assessment Type Duration/Length of Weighting of Assessment Approximate Date of Assessment Type Submission Coursework Written assignment (6,000 100% End of Semester words) Aim(s) To develop and introduce and develop a critical understanding operations management for modern organisations in a variety of sectors of activity; To consider operations strategy in its broadest sense and relate this to the internal management and organisation of the production of goods and services within organisations in different sectors of the economy; To examine how to organise resources and operations, and how to improve them using a variety of quality tools and techniques and process improvement activities; To consider the organisation in its wider context; examining how inputs on the supply side can be managed and improved, and on the demand side how customers, and customer satisfaction can be understood. Learning Outcomes On completion of this module, students should be able to: Evaluate the nature, scope and extent of manufacturing and service operations strategy; Critically evaluate the use of quality tools and techniques for a wide range of organisational problems; Solve complex operational problems related to managing capacity and constraints within organisations; Demonstrate the application of strategies, tools and techniques to improve business operations and appraise and select appropriate methods for managing supply bases for a variety of organisations. Learning and Teaching Delivery Methods Lectures/ seminars Independent study Indicative Content The content of this module will focus primarily on the future needs of students and can be tailored to their likely subsequent careers. For those students likely to be entering the service sector the module can primarily be focused on service operations management with manufacturing operations management being taught as the minor component. For those students with a likely career in manufacturing, then manufacturing operations can be the major focus with service operations management taught as the minor component. Operations strategy Customer service Managing capacity and demand Scheduling operations Waiting, queuing theory and practice Managing inventory Quality management tools and techniques Process analysis and improvement New product and service development Purchasing and supplier management Recommended Reading & Required Reading Required reading 3 |Page International University College Cardiff Metropolitan University Programme: MBA Module: MBA 7061 Operations Management Lecturers: Nako Stefanov, Plamen Petrov Hill, A., and Hill, T., (2012), Operations management, Palgrave Macmillan; Basingstoke Johnson, R., and Clark, G., (2012), Service operations management: improving service delivery, FT Prentice Hall; London Recommended reading Cousins, P., Lamming, R., Lawson, B., and Squire, B., (2008), Strategic Supply Management: Principles, Theories and Practice, Prentice Hall; London. Fitzsimmons, J., and Fitzsimmons, M., (2010), Service Management: operations, strategy and information technology, McGraw-Hill Higher Education; Boston MA. Hollins, W., and Shinkins, S., (2006), Managing service operations: design and Implementation, Sage Publications; London. Slack, N., Brandon-James, A., and Johnston, R., (2013), Operations Management, Pearson; London Journals California Management Review Harvard Business Review International Journal of Production Economics International Journal of Operations & Production Management International Journal of Logistics Management International Journal of Physical Distribution and Logistics Management International Journal of Production Economics International journal of Services and Operations Management Journal of Operations Management Production and Operations Management 4 |Page International University College Cardiff Metropolitan University Programme: MBA Module: MBA 7061 Operations Management Lecturers: Nako Stefanov, Plamen Petrov MBA 7061 OPERATIONS MANAGEMENT MODULE (2014-15) ASSIGNMENT: 100% FIRST SIT Managing the capacity has been always one of the most important and risky element of the business management. This is not limited to the technology, especially the technical ability to produce as much as the demand would suggest. It involves management of staff people, delivery systems and processes that forecast, plan and execute business operations that guarantee (production) operations’ capacity. However corporate decisions concerning: make versus buy, service/product range, process design and the perishable nature of capacity (particularly in the service sector) are among the several variables that make this a difficult call. Having all these in mind, analyse and critically discuss the operations management in the company where you work/ed or which is well known to you. Considering that the capacity is characterized by uncertainty, operations needs to reduce the risks, critically discuss: 1. What is done, or could be done, to manage those parts of total demand that can be predicted (for example, seasonality and peaks) as opposed to those which cannot be predicted? 2. What is done, or could be done better, to reduce the peaks and troughs that characterize demand profiles? Based on the theory discuss also: 3. Should an organization always attempt to match its capacity to its forecast and known demand patterns or there are cases in which this might not be needed? Use real examples from your company, or from a company which is well known to you, to illustrate your views. INSTRUCTIONS: The assignment must be up to 6000 words The APA Harvard style in referencing (min 20 sources) is required. Due date: Submit a paper copy to the IUC Hand-in Office by 7 pm on 12th January 2015 Submit also an electronic copy to handin@iuc.bg before 24:00 on the same date You should submit to the Hand-in office by the due-date: a MARKING & FEEDBACK SHEET (Appendix 1) bearing your name and student number; your ASSIGNMENT of 6000 words. Assessment criteria: Marks for each assessment criterion will be awarded with reference to the standard Cardiff Met/IUC marking criteria at levels A to F. Actual marks will not be disclosed; however you will be given feedback and an indication of the overall grade (A to F). All marks are subject to agreement at the MBA Examination Board. Use at least 20 academic sources. If less than 20 academic sources are used the final mark will be capped at 40%. Do not forget to utilise IUC’s and Cardiff Met’s library and electronic resources. RESIT: Marks on the resit will be capped at 40%. Resit due dates and assignment will be advised additionally. 5 |Page International University College Cardiff Metropolitan University Programme: MBA Module: MBA 7061 Operations Management Lecturers: Nako Stefanov, Plamen Petrov Name: ASSESSMENT CRITERIA Question 1 What is done, or could be done, to manage those parts of total demand that can be predicted (for example, seasonality and peaks) as opposed to those which cannot be predicted? Question 2 What is done, or could be done better, to reduce the peaks and troughs that characterize demand profiles? Question 3 Should an organization always attempt to match its capacity to its forecast and known demand patterns or there are cases in which this might not be needed? Technical layout MBA7061 ASSIGNMENT: MARKING & FEEDBACK SHEET (2014-15) Student number: Marks A B C D E F Feedback 70+ 69-60 59-50 49-40 39-35 34-0 (see also assignment) 30 30 30 10 SOURCE REFERENCING (20 minimum; Harvard referencing) OVERALL FEEDBACK (also see comments on assignment): 1st marked by: Signed: Dated: GRADE Signed: Dated: GRADE Second Markers’ comments (if relevant): 2nd marked by: Consolidated mark and comments: FINAL MARK External Examiner comments (if relevant): 6 |Page International University College Cardiff Metropolitan University Programme: MBA Module: MBA 7061 Operations Management Lecturers: Nako Stefanov, Plamen Petrov Marking criteria Assignments achieving a mark of 70 and above (score A) This grade will be assigned to work which is considered to be of a very high standard and which meets every criterion: meeting the assessment task completely; being written in the recommended format and of an appropriate length; giving a clear, concise and well-structured analysis; a wide range of recent, relevant and appropriate reading; clear and appropriate relation of theory to practice; examples of analysis of practice to support and/or question established theory; full bibliography and appropriate referencing; Marks above 80 will only be given to work considered to be outstanding and original both in the way it is written and in its ability to integrate theory and practice. Assignments achieving a mark of 60 - 69 (score B) This grade will be assigned to work which is considered to be of a high standard and which meets every criterion. However, it may not show the depth of understanding nor the breadth of reading as work graded with an A: meeting the brief of the assessment task completely; being written in the recommended format and of an appropriate length; using relevant examples, which are analyzed; a range of recent, relevant and appropriate reading; relation of theory to practice; adequate referencing and a full bibliography; Assignments achieving a mark of 50 - 59 (score C) Work graded at this level will be sound and will address the assignment brief and meet the majority of the criteria. Students should include work drawn from their own experience where appropriate, which at points will be more than purely descriptive: meeting the brief of the assessment task; being written in the recommended format and of an appropriate length; examples from practice, which are often more descriptive than evaluative; some reading, perhaps not as wide, recent or relevant as possible; providing a bibliography; Assignments achieving a mark of 40 - 49 (score D) Work at this level will be of a generally low standard and will barely meet the stated criteria: lacking precision about the brief of the assignment, but just meeting the necessary criteria; barely meeting the requirements set; attempting to engage critically at points; being descriptive rather than critically evaluative or analytical; making assertions without providing evidence at points; attempting to link theory with practice; limited references to reading; Use at least 20 academic sources. If less than 20 academic sources are used the final mark will be capped at 40%. Do not forget to utilise IUC’s and Cardiff Met’s library and electronic resources. 7 |Page