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Operations Management No. 3

This gives a background about the basics of Operations management in business.

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Rence Cervantes
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0% found this document useful (0 votes)
5 views

Operations Management No. 3

This gives a background about the basics of Operations management in business.

Uploaded by

Rence Cervantes
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Operations Management Reviewer (Presentation Style) – Set 3

1.​ Definition: Operations management involves planning, organizing, and supervising


production processes to meet organizational goals.​

2.​ Role of Operations Managers: They ensure efficient use of resources, maintain quality
standards, and meet deadlines.​

3.​ Inputs to Outputs: Operations management transforms inputs (labor, materials,


equipment) into outputs (goods or services).​

4.​ Process Strategy: Involves choosing the best approach to produce goods or deliver
services (e.g., batch, mass, or custom production).​

5.​ Key Metrics: Tracks performance indicators like lead time, throughput, and cost per unit.​

6.​ Scheduling: Ensures resources (people, machines) are allocated effectively to meet
production deadlines.​

7.​ Capacity Utilization: Measures the extent to which an organization uses its production
capacity effectively.​

8.​ Cost Management: Minimizes production costs while ensuring quality and timely
delivery.​

9.​ Customer Focus: Tailors operations to meet customer expectations, such as faster
delivery times or personalized services.​

10.​Continuous Improvement: Implements methodologies like Kaizen or PDCA


(Plan-Do-Check-Act) to enhance processes over time.​

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