Contents

• Introduction 2
• Operations Management 2
• Airline Industry 4
• Automobile Industry 8
• Conclusion 12
• References 13

Description

The business markets are constantly changing. The changes in market requirements could be the change in consumer preferences, consumption patterns, changing lifestyles and economy of the nations. Some of the changes in market demands could also be due to the latest innovations in technology and engineering. An automobile manufacturing unit of a couple of decades ago may not be relevant to the current manufacturing scenario unless it has adopted the latest engineering and technology developments in its processes. Some of the latest technologies in the manufacturing industry are the reliance on automated processes, enterprise resource planning, the use of computers and even robots in the manufacturing process. The situation is similar in the airline industry too. The technological developments have brought about enormous changes in the way airlines operated today. Some of the technological developments that find use in the airline industry are the use of computers, internet. RFID or Radio Frequency Identification Device, on-board entertainment and communication equipment etc. In order to enforce change into the operations of a company, the operations management needs be adaptive and effective. The report discusses the latest trends and issues facing the airlines and automobile industry. The report also discusses as to how operations management help these companies adapt to the changing market demands and changing manufacturing processes.