Preview

Difference Between Manufacturing and Services Sector

Powerful Essays
Open Document
Open Document
1993 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Difference Between Manufacturing and Services Sector
(GITAM School of International business) | ASSIGNMENT - I | [ OPERATIONS MANAGEMENT ] | | | |
CONCERNED FACULTY: Dr.Ch Venkataiah
SUBMITTED BY: G.V.V.S.Chandra Sekhar
REG NO: 1226212108
MBA-IBF
SECTION- ‘C’

|

Difference between manufacturing and service organization’s operations
To compare the operations between the manufacturing organization and service organization, I have taken the example of Mahindra automobile sector as a manufacturing organization and State bank of India banking sector as service organization. The Mahindra Company imports its raw materials from Japan, where after getting its parts it first initially makes a body structure of the car with the obtained parts. The second stage is axle assembly, where it fixes the wheels to the vehicle. The third stage is the transmission assembly where they fix the gear box for speed and torque of the vehicle. Coming to fourth stage they fix the suitable engine for the vehicle, and the fifth stage is followed by fixing the chassis which is chassis assembly Stage. The manufacturing of body is completed upto this stage and finally the vehicle goes into body shop where it gets paint in desired colours. Finally the output is ready to go into to the market. From there it goes it to the distributor where it is distributed to different wholesalers and from there it goes to retailers in different parts of the city or state. Where the end customer will go and buy the vehicle at the nearest retail shop to him. Later the company consults the customers who brought their vehicles and get the feedback from them, where the implement the customer changing tastes and views into the R&D department for further improvisation of their vehicles. In the service sector like State Bank of India the main motto of this sector is to provide customer service’s like ATM services, Safety deposit locker, foreign inward remittances, E-pay. Where their focus is to give customer the utmost satisfaction with their service, for

You May Also Find These Documents Helpful

  • Better Essays

    At the moment Albatross Anchors produces two types of anchors, the bell anchor and the snag hook anchor, at cost of $8.00/pound and $11.00/pound. The cost of production also includes salaries, utilities, facilities, administrative, insurance, and marketing expenses. Due to that fact that the administrative offices are not run properly, how do you know that clients are paying on time? How do you know that your suppliers are paid on time? This will cost you more in the future due to late fees from suppliers, loss of discounts when buying materials in bulk or worse cancelled contracts and bad credit ratings.…

    • 1506 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The differences between a manufacturing business and a service business is that a manufacturing business changes basic inputs into products that are sold to individual customers and a service business provides services rather than products to customers.…

    • 562 Words
    • 3 Pages
    Good Essays
  • Better Essays

    o This industry is involved in supplying parts and services for new and used cars…

    • 3051 Words
    • 24 Pages
    Better Essays
  • Better Essays

    Stevenson, W. (2009). Operations Management, 10th Edition. New York city: McGraw-Hill Higher Eductation. Retrieved December 26, 2012…

    • 6170 Words
    • 25 Pages
    Better Essays
  • Powerful Essays

    Wal-Mart Research Paper

    • 5014 Words
    • 21 Pages

    Gomstyn, A. (2010). Walmart CEO Pay: More in an Hour than Worker get all year? Retrieved…

    • 5014 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    In today's complex and highly competitive business environment, it is critical for you to understand the importance of service operations. In a service business, operations is truly where the "rubber meets the road".…

    • 399 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ensure Team effectiveness

    • 1733 Words
    • 7 Pages

    This organisation is a car dealership that also has a service department. The goals of the service department are to satisfy client requests and concerns about their vehicles . Another goal of the service department is to facilitate sales for the sales department.…

    • 1733 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Goods vs. Services: Manufacturers produce tangible product, services often intangible, Operations activities often very similar, Distinction not always clear, few pure services.…

    • 870 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Operations

    • 2188 Words
    • 9 Pages

    Operations is the manufacturing and service processes that are used to transform the resources employed by a firm into products/services desired by the customer. Manufacturing takes raw resources and produces a physical product such as car or furniture where as a service produces an intangible product such as a call center or a hospital. For example, a furniture manufacturer first receives materials from its suppliers. They then manufacture the raw materials to produce furniture it can then distribute to local furniture stores. Another example of services goods would be an insurance company. An auto insurance company produces an intangible good, an insurance policy that meets a client’s specific insurance needs and requirements. Although, it can offer many types of insurance programs, they are all tailored to meet a client’s need and provide them with protection and peace of mind.…

    • 2188 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Operations Management is the management of systems or processes that create goods and/or provide services. It is about how efficiently a company can produce goods and /or provide services. As companies are increasingly competing on the basis of time, cost and service, managing operations becomes critical for the competitiveness of any business. Studying operations management gives you important knowledge concerning how they do…

    • 3357 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    The study brings about many issues encountered by Diversified Manufacturing, Inc.: some explicit and others merely implied implicitly. Field Service Divisions are important parts of organizations operating in manufacturing industries. As technology becomes more and more involved in the production process and the after sales services, it is crucial for companies to develop their Field Service business processes. In the DMI Field Service Case, the company has troubles meeting the customer demands in a timely manner. The quality of the service remains as an important task to improve for the DMI Company and reengineering process of the FSD brought up many issues.…

    • 1227 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Leraning by Doing

    • 30618 Words
    • 123 Pages

    2. In what ways is Toyota's manufacturing system designed to serve customers? There are a number of features in Toyota's manufacturing systems that are designed to serve customers, including the following features.  Employees, even on the assembly line, are trained to consider their output as a product that should satisfy the next employee (the "customer") who receives it. If everyone in the company is satisfied with the quality of the work received from others, it is more likely that the ultimate consumer will be satisfied with the final product. Toyota's manufacturing system has close relationships with suppliers and demands high-quality products from them. Toyota is a very efficient company that keeps costs down and continuously strives to push cost down further…

    • 30618 Words
    • 123 Pages
    Powerful Essays
  • Best Essays

    JOHNSTON, R., 1999. Service Operations Management: return to roots. International Journal of Operations & Production Management, 19(2), pp. 104-124…

    • 3932 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    Production management and operations management are management jargon that needs to be simplified for those who are sitting on the fence or those inside an organization unable to comprehend them clearly. Sometimes it becomes confusing to be talking about production management inside operations management but they are separate and distinct entities in the study of management as ultimately, production is a part of the whole cycle of operations. Read on to clarify the doubts.…

    • 361 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Manufactured goods can be produced at a distant factory, under controlled conditions. For services, however, Inputs and outputs tend to vary widely and make customer service process management a challenging task. When services are consumed as they are produced, final "assembly" must take place under real-time conditions, which may vary from customer to customer and even from one time of the day to another. As a result, mistakes and shortcomings are both more likely and harder to conceal. These factors make it difficult for service organizations to improve productivity, control quality, and offer a consistent product. Nevertheless the best service firms have made significant progress is reducing variability.…

    • 750 Words
    • 3 Pages
    Good Essays