Operations management serves as the foundational framework for a company’s day-to-day operations, acting as the driving force that transforms raw materials, labor, and resources into the final goods or services offered to customers.
The emphasis lies in maintaining efficiency, optimization, and seamless functionality throughout the organization. Operations management encompasses various vital components:
Firstly, planning and forecasting involve anticipating customer demand, strategically planning production schedules, and ensuring the availability of appropriate resources to meet organizational objectives.
Process management focuses on designing and overseeing workflows, encompassing production lines, supply chains, and customer service processes.
Quality control ensures that products and services adhere to required standards through inspections, testing, and defect prevention. Inventory management is dedicated to monitoring inventory levels, providing an optimal balance to meet customer demand without excess or shortage.
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