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Operation Manag

operation

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14 views

Operation Manag

operation

Uploaded by

samarthagrawal552
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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OPERATIONS MANAGEMENT

 WHAT IS OPERATIONS MANAGEMENT


AND
 SCOPE OF OPERATIONS MANAGMENT

PRESENTED BY : ADARSH AWASTHI


 WHAT IS OPERATIONS MANAGEMENT

OPERATIONS MANAGEMENT (OM) IS THE FIELD OF MANAGEMENT


FOCUSED ON DESIGNING , OVERSEEING , AND CONTROLLING THE
PROCESSES INVOLVED IN PRODUCTION AND BUISNESSES OPERATIONS.

IT INVOLVES ENSURING THAT AN ORGANIZANIZATION’S RESOURCES ARE


USED EFFECIENTLY TO PRODUCE GOODS OR DELIVER SERVICES AT THE
HIGHEST POSSIBLE QUALITY .

THE GOAL OF OPERATIONS MANAGEMENT IS TO MAXIMISE EFFICIENCY ,


REDUCE COSTS , AND ENSURE CUSTOMER SATISFACTION .
HERE IS BREAKDOWN OF KEY COMPONENTS :

1) PRODUCTION PLANNING AND CONTROL –

PLANNING - OPERATIONS MANAGEMENT INVOLVES STRATEGIC PLANNING TO


DETEMINE WHAT , WHEN AND AND HOW PRODUCTS OR SERVICES
WILL BE DELIVERD . YHIS INCLUDES FORECASTING DEMAND , SELECT
-ING PROCESSES , AND CAPACITY PLANNING .

CONTROL – IT INVOLVES CONTINIOUSLY MONITORING THE PROCESSES TO ENSURE


THAT IT RUNS SMOOTHLY AND THAT PRODUCTION MEETS THE
REQUIRED STANDARDS , BOTH IN QUANTITY AND QUALITY .
2) PROCESS DESIGN -

THIS INVOLVES DESIGNING THE WAY GOODS OR SERVICES WILL BE PRODUCED


OR DELIVERED . DECISIONS ABOUT THE LAYOUT , EQIPMENT , AND WORKFLOW
MUST BE MADE TO ENSURE OPTIMAL EFFICENCY .

OM ENSURES THAT THE PROCESSES ARE FLEXIBLE ENOUGH TO MEET CHANGING


COUSTOMER DEMANDS .

3) SUPPLY CHAIN MANAGEMENT –

OPERATING MANAGEMENT IS RESPONSIBLE FOR MANAGING THE ENTIRE SUPPLY


CHAIN , WHICH INCLUDES SOURCING RAW MATERIALS ,COORDINATING WITH
SUPPLIERS , MANAGING INVENTORY , AND ENSURING TIMELY DELIVERY TO
COUSTOMERS . EFFICIENT SUPPLY CHAIN MANAGEMENT ENSURES THAT
MATERIALS ARE AVAILABLE WHEN NEEDED AND HELPS REDUCE WASTE AND COSTS
4) QUALITY MANAGEMENT –

ENSURING THE QUALITY OF THE PRODUCTS OR SERVICES PRODUCED IN A KEY


FUNCTION OF OPERATIONS MANAGEMENT . THIS INCLUDES SETTING QUALITY
STANDARDS , MONITORING PRODUCTION PROCESSES TO MEET THESE STANDARDS ,
AND CONTINIOUSLY IMPROVING PROCESSES TO ENHANCE PRODUCT OR SERVICE
QUALITY .

5) INVENTORY MANAGMENT -

MANAGING INVENTORY LEVELS EFFICIENTLY IS CRUCIAL IN OPERATIONS MANGM


-ENT . TOO MUCH INVENTORY LEADS TO HIGHER HOLDING COSTS ,WHILE TOO
MUCH INVENTORY LEADS TO HIGHER HOLDING COSTS , WHILE TOO LITTLE CAN
RESULT IN STOCK OUTS . OM STRATEGIES , SUCH AS JUST-IN-TIME (JIT) , TO
MINIMISE COST AND AVOID OVERPRODUCTION .
6) CAPACITY PLANNING –
CAPACITY PLANNING IS THE PROCESS OF DETERMINING THE PRODUCTION CAPACITY
NEEDED BY AN ORGANIZATION TO MEET CHANGING DEMANDS FOR IT’S PRODUCTS .
OM ENSURES THAT RESOURCES ARE USED EFFECIENTLY AND THAT THE COMPANY
CAN MEET MARKET DEMANDS WITHOUT UNDERUTILISING OR OVERSTRESSING IT’S
CAPACITY .

7) LEAN MANAGEMENT –

LEAN MANAGEMENT PRINCIPLES AIM TO ELIMINATE WASTE (NON-VALUE-ADDED) IN


THE PRODUCTION PROCESS . OPERATIOS MANAGERS ADOPT LEAN METHODS TO
IMPROVE PRODUCTIVITY ,MINIMIZE WASTE , AND INCREASE VALUE TO THE
COUSTOMER .

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