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Operations Management No. 1

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

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Rence Cervantes
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3 views

Operations Management No. 1

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)

1.​ Definition: Operations Management focuses on designing, controlling, and improving


processes to produce goods or services efficiently.​

2.​ Goal: Its primary goal is to maximize efficiency while maintaining high-quality standards
to meet customer demands.​

3.​ Key Functions: Operations management oversees processes like production, inventory
control, quality management, and supply chain coordination.​

4.​ Process Design: Designing workflows and production systems to minimize costs and
waste while maximizing output.​

5.​ Inventory Management: Balances stock levels to avoid overstocking or shortages,


using systems like JIT (Just-In-Time).​

6.​ Quality Control: Ensures products or services meet customer expectations through
standards and inspections.​

7.​ Supply Chain Management: Coordinates with suppliers, manufacturers, and


distributors for seamless operations.​

8.​ Capacity Planning: Determines the necessary resources (labor, equipment, facilities) to
meet production demands.​

9.​ Technology Integration: Utilizes tools like automation, AI, and ERP systems to
enhance operational efficiency.​

10.​Importance: Effective operations management directly impacts customer satisfaction,


cost reduction, and business profitability.​

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