Operations management is how the company’s activities in converting inputs into products or services are carried out efficiently and effectively. In a broader definition, it is not only about production but also about procurement, inventory, and logistics.
For service companies, operations management usually includes managing the offices, buildings, or other areas where services are provided. Whereas, for the manufacturer, it deals with and is responsible for producing the right goods and services in the right quality and quantity efficiently and effectively. In addition to raw materials, manufacturing operations also deal with warehousing and factories or production facilities.
Operations management aims to ensure adequate resources for production are available. In addition, operations management strives to maintain high production levels, high output quality, and efficiency.
A company’s operations are determined by several factors, including market requirements, company finances, and human resource capabilities.
Topics on Operations Management
- Introduction to Operations Management
- Business Location
- Ethical Behavior
- Inventory Management
- Lean Production
- Production Method
- Production Planning
- Quality Management
- Research and Development
New Articles on Operations Management
- Ethical Behavior, Crisis Management, and Contingency Planning
- Inventory Management
- Research and Development
- Production Planning
- Business Location, Supplier, and Production Reorganization
- Quality Management
- Lean Production
- Production Method
- Introduction to Operations Management
- Value Chain Analysis: How to Do It?
- Value Chain: Definition, Importance and How it Works
- Production: Meaning, and Methods
