Operational Management and ten decision of OM

1. Operation Management
Subject : Industrial Management I
Presented By :
Jawad 17093386-051
Muhammad Awais 17093386-081
Hassan Zaman 17093386-070
Ali Hassan 17093386-077
Asim Raza 17093386-064
Mubasher 17093386-054
Department:
BS Mechanical Technology 6th
Presented To:
Engr. Hafiz Bilal

2. Operation Management of Ten Decision
Operations Management (OM) aims to manage processes engaged in production, distribution of
products/ or services. Therefore, it includes set of activities (including product creation, development,
production, distribution and reverse logistics). The creation of goods or services involves
transforming or converting inputs into outputs. Various inputs such as capital, labor, and information
are used to create goods or services using one or more transformation processes (e.g., storing,
transporting, and repairing). Operations management inclusive all operations within the organization
(viz. Managing purchases, Material Management (MM) and inventory control, Production Planning
and Production Management (PP/PM) Quality Control (QC) and Quality Assurance (QA), storage,
Sales and Distribution (S&D).

3. Operation Management

4. Operation Management of Ten Decision
Design of Goods and Services
OM involve the product design for
different teams for the company’s
various products. This decision
area of operations management is
applied based on market and
forecasting. For example, Google
uses forecasts of future
expectations of users to develop
cutting-edge apps for desktop and
mobile users.
Quality Management
OM involve the area of operations
management is applied for product
testing and friendly environment.
Iterative testing and Reparing are
used in the company’s facilities to
ensure that products have minimal
errors or bugs when released to the
market. like Google frequently
invites users to send error reports and
reviews that the firm can use to
improve product quality.

5. Operation Management of Ten Decision
Process and Capacity Design
OM involve the products that the decision area
of operations management is of minimal
consideration because the company maintains
almost the same number of workers even if the
demand for these products increase. products
can be easily distributed through significantly
impacting the company’s HR capacity. Capacity
design is addressed at standardized processes in
industry. Material Management (MM) and
inventory control process and capacity design
through contract manufacturing.
Location Strategy
OM involve the digital products that
decision of area of operations
management is a minimal
consideration because product
become interconnect and more
production. However the facility is
remain for collecting and it is less
time consume and like Google
through networking with suppliers or
original equipment manufacturers
(OEMs).

6. Operation Management of Ten Decision
Layout Design and Strategy
OM involve the products that
decision of area of operations
management applies like Google
in terms of the company’s design
of its workflows and facilities. In
industry efficient workflows
integrated with creative ideas for
its offices.
Human Resources and Job Design
OM involve the products that human
resource management addresses this
decision area of operations
management through emphasis on
smartness and excellence in
employees. The company favors
smart employees, with less regard for
experience. To retain talent.
competitive compensation packages
that include high salaries and
incentives like free meals.

7. Operation Management of Ten Decision
Supply Chain Management
OM involve the products that the
technique of advanced
information systems to manage its
supply chain. For this decision
area of operations management,
the company analyzes inventory
records to predict demand and
inform suppliers and original
equipment manufacturers (OEMs).
Inventory Management.
OM involve the products that In this
decision area of operations management
is very important role and inventory are
like store in which kept the ram
material. inventory management uses
different types of inventory that
correspond to the needs of its various
businesses. The company also uses
automation to monitor and control
inventory. Such automation is especially
significant in managing Google’s
inventory of web-based and software
products.

8. Operation Management of Ten Decision
Scheduling
OM involve the products that the
decision of area of operations
management is very essential like,
automation. The company automates
certain processes, such as checks and
monitoring of productivity levels.
In industry part are made in automation
and they are in sequence and
scheduling. In industry applies
scheduling through flexible approaches,
in consideration of changes in the
availability of employees is important.
Maintenance
OM involve the products that
The needs to maintain information
systems, servers and facilities. To do
so, the company has dedicated teams
for maintenance. These teams are
classified as Operations & Support.
Through the activities of these
personnel, Google’s operations
management keeps all equipment and
facilities running smoothly to address
this decision area.

9. Forecasting Techniques
Forecasting plays a pivotal role in the operations of modern
management. It is an important and necessary aid to planning and
planning is the backbone of effective operations. Many organizations
have failed because of lack of forecasting or faulty forecasting on which
the planning was based. It is a prediction, projection, or estimate of
some future activity, event, or occurrence.

10. Forecasting Techniques
Input-Output Analysis
OM involve the products that the method of
forecast of output is based on given input if
relationship between input and output is known.
Similarly, input requirement can be forecast on
the basis of final output with a given input-
output relationship. The basis of this technique
is that the various sectors of economy are inter-
related and such inter-relationships are well-
established. For example if big deal is done so
we can calculate the how input and output is
Survey Method
OM involve the products that the Surveys
can be conducted to gather information for
the concerned people. For example,
information may be collected through
surveys about the probable expenditure of
consumers on various items. Both
quantitative and qualitative information may
be collected by this method.
On this basis of such surveys, demand for
various products can be projected or
accepted. Survey method is suitable for
forecasting demand—both of existing and
new products.

11. Forecasting Techniques
Opinion Poll
Opinion poll is conducted for product
opinion of the experienced persons and
experts in the particular field whose
views carry a lot of weight. For
example, opinion polls are very popular
to predict the outcome of elections in
many countries including Pakistan.
Similarly, an opinion poll of the sales
representatives, wholesalers or
marketing experts may be helpful in
formulating demand projections.

12. Managerial Decision
Decision-making is an integral part of modern management. Essentially,
Rational or sound decision making is taken as primary function of
management. Every manager takes hundreds and hundreds of decisions
subconsciously or consciously making it as the key component in the
role of a manager. Decisions are made at every level of management to
ensure organizational or business goals are achieved.

13. Managerial Decision
Checking Resources
Operational changes must begin with
a thorough check of resources. Once
a change is suggested, the
operational manager must verify that
the needed products, software or
tools can be acquired to facilitate the
change. During this decision-making
step, initial cost estimates are made.
This step in the decision-making
process involves research and
reconnaissance.
Scheduling Changes
Operations managers must determine
the best time for the proposed
transition or change. For example, a
small business that ships products
from warehouse shouldn't over
warehouse equipment during a high
sales season.. Decision-makers
should schedule changes during low
production periods and assign for the
proposed changes.

14. Managerial Decision
Decision Making Tools
Managers use techniques of
operations to maintain better control
over their subordinates. This is
possible because operations provides
a basis in which to establish
standards of performance and ways
to measure productivity. Reporting
deviations from standards enables
managers to identify problem areas
and to take corrective action.
Better Decision Making
The mathematical models of
operations allow people to analyze
a greater number of alternatives
and constraints than would usually
be possible, if they were to use
only an easy approach. Using
operations which is easier to
analyze multiple which give good
results.

15. Managerial Decision
Managerial Decision Making
The mathematical formulas used in operations to increase productivity
And greater number of optimal choices of inventory mix and more
plant machine utilization in industry and change factory size and layout
and manpower planning and implementing new technologies.

16. Decision Making Tools
decision-making is a process which is involves the problem of industry
and gathering information about product and reviewing/monitoring the
results. There are many different techniques that are used by managers
to help them choose among the alternatives and make a decision.

17. Decision Making Tools
Marginal Analysis
This technique is used in decision-
making to how much extra output
will result if one more variable (e.g.
raw material, machine, and worker)
is added. In his book, ‘Economics’,
Paul Samuelson defines marginal
analysis as the extra output that will
result by adding one extra unit of any
input variable, other factors being
held constant.
Financial Analysis
This decision-making tool is used to
estimate the profitability of an
investment that to calculate the
payback period (the period taken for
the cash benefits to account for the
original cost of an investment) and to
analyze cash inflows and cash
outflows.
Investment alternatives can be
evaluated by discounting the cash
inflows and cash outflows

18. Operations Techniques
One of the most significant sets of
tools available for decision-makers
is operations. An operation research
involves the practical application of
quantitative methods in the process
of decision-making. When using
these techniques, the decision-maker
makes use of scientific, logical or
mathematical means to achieve
realistic solutions to problems.
Several OR techniques have been
developed over the years.

19. Thank You