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Production is an important process for a goods and service company.Management practices should be followed to keep the production process working to the maximum efficiency. Operations Management is the branch of management that deals with designing, controlling of the production process. In addition, it is responsible for the alterations in the business operations of the goods and services redesigning. Goal of the entire process of operations management is to improve the overall efficiency of the production and meeting customer requirements.
Opertions management is a not a modern field and belong to the Sumerian Era. However, modern industrial revolution brought the desired changes to the field of operations management. Example of Ford Assembly line is one of the classical cases of operations management.
Quality and Inventory Management: Every company strives for improvement in the product quality. Inception of the concepts of TQM, benchmarking has given a boost to the quality control. Inventory management, on the other hand, is the process of stock optimization.Just-in-time is one of the effective methods of inventory control.
Supply Chain Management: Handling a complex network of supply chain is a challenging task. A business has multiple functions and coordination among different units is handled by supply chain or SCM. It is a highly opted area by the management graduates and falls under the area of Operations.
Logistics and Transportation: Handling the flow of material and goods is important if a business wants to ensure the consistent flow in the market. It includes handling warehousing, transportation operations and establishing links with different modes of transportation.
Product and Service Management It is the process that is centralized to management of product. It includes product design, product planning, and development. It is considered to be a part of OM, however it has a narrow scope.
All the areas that are mentioned above are important for the student pursuing Operations Management. There are other topics like Gantt Chart, Network Diagram, Problems on an assembly line and much more. However it is good to stick to the topics that we have outlined for you.Help with management assignment offered by our tutor is one of the top rated services in the UK.
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