"Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations..."
The process of planning, organizing, and controlling the activities required to produce goods and services.
Production Planning: This involves the creation of a schedule that outlines the amount of goods and services that will be produced within a specific time frame.
Quality Control: This involves ensuring that all products and services meet specific standards and are free of defects.
Inventory Management: This refers to the management of products and raw materials that are kept in stock.
Supply Chain Management: This involves the coordination of all activities involved in getting a product or service from the manufacturer to the end consumer.
Lean Manufacturing: This involves the use of techniques such as process improvement, waste reduction, and efficient resource utilization to maximize productivity.
Project Management: This involves the planning, organizing, and managing resources to ensure the successful completion of specific projects.
Capacity Planning: This involves determining the production capacity needed to meet demand while maintaining efficiency.
Facility Design: This involves designing the layout of a facility in a way that maximizes efficiency and productivity.
Quality Assurance: This refers to the steps taken to ensure that products and services meet specific standards.
Maintenance Management: This involves maintaining equipment and machinery to ensure maximum productivity and efficiency.
Material Handling: This involves the management of materials within a facility.
Operations Research: This involves the use of mathematical modeling and optimization techniques to improve operations.
Workforce Management: This involves managing employees and ensuring that they are properly trained and utilized.
Safety Management: This involves ensuring that all operations are conducted in a safe and secure manner.
Cost Analysis: This involves analyzing costs associated with production and finding ways to reduce them.
Production Management: Deals with the manufacturing or producing of goods by setting up a production process that ensures the quality and quantity of goods produced.
Quality Management: Focuses on improving the quality of products and services by setting up quality standards, maintaining consistent quality, and continuously improving the production process.
Supply Chain Management: Involves coordinating and managing a network of suppliers, distributors, and retailers to ensure timely delivery and availability of products and services.
Inventory Management: Involves managing and controlling inventory levels to ensure adequate supply while minimizing inventory costs.
Project Management: Involves managing projects from start to finish by planning, organizing, and executing tasks to meet project objectives and deadlines.
Service Management: Deals with managing the delivery of services to customers, ensuring customer satisfaction, and improving the overall service experience.
Logistics Management: Involves managing the movement of goods and services from the point of origin to the point of consumption while optimizing costs and ensuring timely delivery.
Maintenance Management: Involves managing the maintenance of equipment and facilities to ensure optimal performance and efficiency.
Facility Management: Involves managing the facilities and infrastructure of an organization, including maintenance, security, and safety.
Environmental Management: Focuses on managing the environmental impact of an organization's production and operations, ensuring adherence to environmental regulations and policies.
"It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in meeting customer requirements."
"It is concerned with managing an entire production or service system which is the process that converts inputs into outputs."
"Operations produce products, manage quality and create services."
"Operation management covers sectors like banking systems, hospitals, companies, working with suppliers, customers, and using technology."
"The operations function requires management of both the strategic and day-to-day production of goods and services. In managing manufacturing or service operations several types of decisions are made including operations strategy, product design, process design, quality management, capacity, facilities planning, production planning, and inventory control."
"Each of these requires an ability to analyze the current situation and find better solutions to improve the effectiveness and efficiency of manufacturing or service operations."
"A modern, integrated vision of the many aspects of operations management may be found in recent textbooks on the subject."