The Impact of Global Competition in Operation Management

Managing Hardware Assets * Management challenges By shifting to more up-to-date computer hardware, Organization were able to provide more computing power for their operations. To select the right computers, management needed to understand : 1.How much computer processing capacity its business processes required? 2.How to evaluate the price and performance of various types of computers? 3.To known the financial and business rationale for hardware technology investments. Management also had to plan for future processing requirements and understand : * 1.How the computer worked with related storage, input/output, and communications technology? * Selecting appropriate computer hardware raises the following management challenges:†¦show more content†¦For example :On-line banking has become very important to change its check-handling method. Until recently, the bank stored its 12 million daily checks on microfilm and microfiche, which were not available on-line.. Customers can now view any recent check within one to two seconds. Each check requires about 40,000 bytes, to store checks at current levels in a business that is expanding fast. Electronic commerce and electronic business have put new strategic emphasis on technologies that can store vast quantities of transaction data and make them immediately available on-line. Capacity Planning and Scalability Capacity Planning The process of predicting when a computer hardware system becomes saturated to ensure that adequate computing resources are available for work of different priorities, and that the firm has enough computing power for its current and future needs. scalability The ability of a computer, product, or system to expand to serve a larger number of users without breaking down. Although capacity planning is performed by information system specialists, input from business managers is essential. Capacity planners try to establish an optimum level of service for current and future applications. Outages and delayed response times translate into lost customers and lost revenue. Business managers need to determine acceptable levels of computerShow MoreRelatedOperations Management and Strategies: Crucial to Business Success1334 Words   |  6 PagesOperations Management Global businesses are influenced by effective operations strategies involving operations management. These strategies and management effect on the progression of being successful. Operations refer to the business processes that involve transformation or, more generally, â€Å"production†. It is a crucial key business function and is essential to business success. 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