SlideShare a Scribd company logo
1 of 36
IMPORTANCE OF OPERATIONS
MANAGEMENT IN INDIA
DONE BY,
KAVIN S
ANTONY SELVA BEAVEN V
BHAVANA S
BHAVATHARANI M
DHAMODHARAN S
ABDUL FARHAN S
FIREBIRD INSTITUTE OF RESEARCH IN MANAGEMENT,COIMBATORE.
Historical milestone in operation
management:
▪ The industrial revolution
▪ Post civil war period
▪ Scientific management
▪ Human relations and behaviorism
▪ The service revolution
▪ Computer revolution
Industrial Revolution
▪ The industrial revolution developed in england in 1700s.
▪ The steam engine, invented by James watt in 1764 largely
replaces human and water power for factories.
▪ Adam smith “The wealth of nation” in 1776 touted the economic
benefit of the specialization of labor.
▪ The IR spread from England to other european countries and to
united states.
▪ In 1790 an American Eli Whitney, developed the concept of
interchangable parts.
Industrial Revolution
▪ The first great industry was the US textile industry
▪ In the 1800s the development of the gasoline engine and
electricity further advanced the revolution.
Post civil war period
▪ During the post civil war period great expansion of production
capacity occurred.
▪ By post civil war the following development set the stage for the
great production explosion of the 20th century.
increased production capacity.
the expanded urban work force.
an effective national transportation system.
Scientific management:
▪ Frederick taylor is know as the father of scientific management.
His system employed three steps, they are
▪ Each workers skill, strength and learning ability were determined.
▪ Stopwatch studies were conducted to precisely set standard
output per worker on each task.
▪ Material specifications work methods and routing sequences were
used to organize the shop.
▪ Supervisors were carefully selected and trained .
▪ Incentive pay system were initiated.
The Service Revolution
▪ The creation of service organizations accelerated sharply after
world war .
▪ Today more then two- thirds of the US workforce is employed in
services.
▪ About two thirds of the US GDP is from service.
▪ There is a huge trade surplus in service.
▪ Investment per office worker now exceeds the investment per
factory worker.
The computer Revolution
▪ Explosive growth of computer and communication technologies.
▪ Easy access to information and the availability of more
information
▪ Advances in software application such as Enterprise Resource
planning (ERP) software
▪ Widespread use of email
▪ More and more firms becoming involved in E-Business using the
Internet.
▪ Result: faster, better decisions over greater distances.
ROLE OF
OPERATION
MANAGEMENT
IN
‘MAKE IN INDIA’
WHAT IS MAKE IN INDIA?
▪ Launched by the government of India on 25 September 2014
▪ Motivating companies to manufacture products in India
▪ Increasing their investment
▪ 100% FDI is allowed in 25 sectors such as automobile, chemicals,
biotechnology, pharmaceuticals except space, defence and media
industry.
EASE OF DOING BUSINESS
1.Starting a Business
2.Dealing with Construction Permits
3.Getting Electricity
4.Registering Property
5.Getting Credit
6.Protecting Minority Investors
7.PayingTaxes
8.Trading across Borders
9.Enforcing Contracts
10.Resolving Insolvency
FACTORS IN EODB
EASE OF DOING BUSINESS
▪ A high EODB ranking means the regulatory environment is more
conducive for starting and operating of businesses.
▪ EODB RANKING
2014-142th rank
After make in India
2019-77th rank
2020-33rd rank(targeted)
FOREIGN DIRECT INVESTMENTS
8%
27% 29%
8.70%
2013-14 2014-15 2015-2016 2017-2018
FDI
GROWTH
RATE
ZERO SCHEME
(ZERO DEFECT,ZERO EFFECT)
ZERO DEFECT
our exported goods should never returned to us.
ZERO EFFECT
No negative impact on environment.
PROACTIVE PROCESS OF IMPROVING,
1. Quality planning,
2. Product and process designing,
3. Optimum processes,
4. Efficient resource management,
5. Effective outsources activities and
6. Breakthrough outcomes
NET RESULT IS
SUSTAINABLE
DEVELPMENT
MANUFACTURING COMPETITIVENESS OF INDIA
RELATIVE POSITIONING OF
MANUFACTURES BY REGION
1.WESTERN EUROPE
2.UNITED STATES`
3.KOREA
4.EASTERN EUROPE
5.CHINA
6.INDIA
INDIA IS LEADINGTHAN
OTHER MANUFACTURES
IN COST CONTROL BUT
FACING MORE QUALITY
COMPLIAINTS AND
FULFILMENT DELAYS
REASONS FOR INDIA’S LIMITED
MANUFACTURING COMPETITITVENESS
LIMITED PRODUCTIVITY
▪ Lack of automation
▪ Limited use of design-for-manufacturing
▪ Numerous non-value-added tasks
SUPPLY CHAIN AS STRATEGIC PARTNER
NEED:
▪ Product line is large
▪ Invading of MNC
▪ Alignment of SCM and products
KEY COMPONENTS OF SCM
ONE STRATEGY DOES NOT WORK FOR ANOTHER
THE COMPONENTS ARE
1.WARE HOUSING
•Underplayed in India
•Merely a godown
•Now transforming as automated warehouse
•Warehouse should transform as single window logistics function
KEY COMPONENTS OF SCM
2.INVENTORY MANAGEMENT
3.RFID IN SCM
•In India, Supply chain management is in nascent stage
•Due to intense competition, company not only exercise on cost control but also
efficiently use the components of SCM
•Due to advantage of forthcoming advantages, the supply chain management
going to contribute in a big way for achieving ‘make in India’
SUPPLIER COMPETENCE
▪ Adoption of lean quality system is low, thus product is poor
Supplier quality issues arise from,
1. Talent shortage (to solve quality problems at the source)
2. Process discipline (to prevent poor quality products from moving
through the value chain) and
3. Effective measurement and monitoring systems (to track and
solve issues)
Creating combined lean value chain
▪ One lean factory is efficient less and point less
▪ All partners of a business should become lean to change their
enterprise as lean
▪ OEM should invest in building quality designs
▪ Creating supply relationships
▪ Manufactures collaborate with the suppliers
▪ Reducing lead times and improving quality
CURRENT TRENDS AND CHALLENGES
IN OPERATION MANAGEMENT
WHYTO FOCUS ONTREND?
▪ Companies are right to focus on trends in operations management and
strategies for getting ahead in their respective industries. While the pace
of technology innovation is rapid, these developments offer more ways
to enhance business operations and opportunities to increase profits.
▪ Aim to become more competitive in the market or merely seeking to cut
down on costs of everyday business, these five trends may deliver the
results to meet the operations management goals.
IMPORTANTTRENDS IN OPERATIONS
MANAGEMENT
1. Mobile Accessibility
2. Collaboration
3. Automation
4. Outsourcing
5. Advanced Planning and Scheduling (APS) & Operations
Management
Some of these have been around a while, but they remain popular trends in
operations management:
▪ Business process reengineering, or BPR, which helps companies revamp
their organizations from the ground up
▪ Lean manufacturing, Six Sigma, and Agile are disciplines focused on
efficient, adaptable production and continue to be mainstay approaches
▪ Reconfigurable manufacturing systems, designed for flexibility with
sudden market changes
▪ Behavioral operations management, which focuses on human behavior as
it relates to operations management
▪ Sustainability, or maintaining ecologically minded practices, under
changing laws
▪ Total quality management.
CURRENT CHALLENGES IN OPERATION
MANAGEMENT
1. Globalization
2. Sustainability
3. Ethical conduct
4. Effective communication
5. System design
Education on operation
management in India
In India, the field of operations management (OM) is
pursued in engineering and management institutes at
undergraduate, post graduate and doctoral levels. To
some extent, it is also covered in diploma
programmes in polytechnics.
▪ demand forecasting
▪ aggregate planning
▪ facility location
▪ facility layout
▪ work measurement
▪ capacity planning
▪ inventory management
▪ design, planning and control of production systems
▪ cellular manufacturing system
▪ computer integrated manufacturing
▪ human issues.
At doctoral level
▪ Just-in-time
▪ Supply chain
▪ Total quality management
▪ Flexible management systems
▪ business process re-engineering
▪ operation research applications in OM
▪ application of IT in manufacturing/BPR
▪ strategic management and operations/manufacturing policy.
At doctoral level
Future Of Operation Management In India
Evolution Of Operation Management
▪ Craft Production.
▪ Division Of Labor.
▪ Interchangeable Parts.
▪ Scientific Management.
▪ Mass Production.
▪ Lean Production.
Future Of Operation Management In India
DigitalTechnology.
▪ IOS & Android
Automation In Manufacturing Sectors.
▪ Rapid advances in robotics
▪ A.I
▪ Machine Learning
ThankYou!!!

More Related Content

Similar to Importance of operations managemenet in india

world class manufacturing practices for mms
world class manufacturing practices for mmsworld class manufacturing practices for mms
world class manufacturing practices for mmsChandrasen Sharma
 
Infosys - principles of management - copy
Infosys -  principles of management - copyInfosys -  principles of management - copy
Infosys - principles of management - copySneha Singh
 
Management Theory & Practice.docx
Management Theory & Practice.docxManagement Theory & Practice.docx
Management Theory & Practice.docxPIYUSHGoyal764030
 
Technology Management, Case IT planning
Technology Management, Case IT planningTechnology Management, Case IT planning
Technology Management, Case IT planningYogesh Garg
 
Leveraging Your Security System to Impact Your Bottom line
Leveraging Your Security System to Impact Your Bottom lineLeveraging Your Security System to Impact Your Bottom line
Leveraging Your Security System to Impact Your Bottom lineguidepostsolutions
 
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...ARC Advisory Group
 
22 Barcelona KPMG Presentation Investing In India Opportunities And Challe...
22 Barcelona KPMG Presentation Investing In India    Opportunities And Challe...22 Barcelona KPMG Presentation Investing In India    Opportunities And Challe...
22 Barcelona KPMG Presentation Investing In India Opportunities And Challe...Prof Parameshwar P Iyer
 
History Of Production Operations Management (POM)
History Of Production Operations Management (POM)History Of Production Operations Management (POM)
History Of Production Operations Management (POM)Mudassar Salman
 
Lean Manufacturing Methods for Process Improvement
Lean Manufacturing Methods for Process ImprovementLean Manufacturing Methods for Process Improvement
Lean Manufacturing Methods for Process ImprovementIRJET Journal
 
Impact of globalisation on business, government and society
Impact of globalisation on business, government and societyImpact of globalisation on business, government and society
Impact of globalisation on business, government and societygeoffrey-cip
 

Similar to Importance of operations managemenet in india (20)

world class manufacturing practices for mms
world class manufacturing practices for mmsworld class manufacturing practices for mms
world class manufacturing practices for mms
 
Production management
Production managementProduction management
Production management
 
Infosys - principles of management - copy
Infosys -  principles of management - copyInfosys -  principles of management - copy
Infosys - principles of management - copy
 
Management Theory & Practice.docx
Management Theory & Practice.docxManagement Theory & Practice.docx
Management Theory & Practice.docx
 
Technology Management, Case IT planning
Technology Management, Case IT planningTechnology Management, Case IT planning
Technology Management, Case IT planning
 
Unit 1
Unit  1Unit  1
Unit 1
 
1
11
1
 
Leveraging Your Security System to Impact Your Bottom line
Leveraging Your Security System to Impact Your Bottom lineLeveraging Your Security System to Impact Your Bottom line
Leveraging Your Security System to Impact Your Bottom line
 
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...
 
22 Barcelona KPMG Presentation Investing In India Opportunities And Challe...
22 Barcelona KPMG Presentation Investing In India    Opportunities And Challe...22 Barcelona KPMG Presentation Investing In India    Opportunities And Challe...
22 Barcelona KPMG Presentation Investing In India Opportunities And Challe...
 
Lean outlook
Lean outlookLean outlook
Lean outlook
 
World Class Manufacturing
World Class ManufacturingWorld Class Manufacturing
World Class Manufacturing
 
History Of Production Operations Management (POM)
History Of Production Operations Management (POM)History Of Production Operations Management (POM)
History Of Production Operations Management (POM)
 
Lean Manufacturing Methods for Process Improvement
Lean Manufacturing Methods for Process ImprovementLean Manufacturing Methods for Process Improvement
Lean Manufacturing Methods for Process Improvement
 
SME FINAL PPT
SME FINAL PPTSME FINAL PPT
SME FINAL PPT
 
Impact of globalisation on business, government and society
Impact of globalisation on business, government and societyImpact of globalisation on business, government and society
Impact of globalisation on business, government and society
 
ch01.pdf
ch01.pdfch01.pdf
ch01.pdf
 
Logistics in service industry final
Logistics in service industry final Logistics in service industry final
Logistics in service industry final
 
Gati limited
Gati limitedGati limited
Gati limited
 
Gati limited
Gati limitedGati limited
Gati limited
 

Recently uploaded

Travis Hills of Minnesota Leads Livestock Water and Energy in Sustainable Inn...
Travis Hills of Minnesota Leads Livestock Water and Energy in Sustainable Inn...Travis Hills of Minnesota Leads Livestock Water and Energy in Sustainable Inn...
Travis Hills of Minnesota Leads Livestock Water and Energy in Sustainable Inn...Travis Hills MN
 
Principles of Management analyze how Zara manage
Principles of Management analyze how Zara managePrinciples of Management analyze how Zara manage
Principles of Management analyze how Zara managessuser4899c8
 
Leading People - Harvard Manage Mentor Certificate
Leading People - Harvard Manage Mentor CertificateLeading People - Harvard Manage Mentor Certificate
Leading People - Harvard Manage Mentor CertificateVICTOR MAESTRE RAMIREZ
 
Create the recognition your teams deserve.pptx
Create the recognition your teams deserve.pptxCreate the recognition your teams deserve.pptx
Create the recognition your teams deserve.pptxStephen Sitton
 
TEST BANK for Operations Management, 14th Edition by William J. Stevenson,.pdf
TEST BANK for Operations Management, 14th Edition by William J. Stevenson,.pdfTEST BANK for Operations Management, 14th Edition by William J. Stevenson,.pdf
TEST BANK for Operations Management, 14th Edition by William J. Stevenson,.pdfmarcuskenyatta275
 
Team Dynamics: A Journey to Excellence
Team Dynamics: A Journey to ExcellenceTeam Dynamics: A Journey to Excellence
Team Dynamics: A Journey to ExcellenceGDSC PJATK
 
Project Management Professional (PMP)® from PMI
Project Management Professional (PMP)® from PMIProject Management Professional (PMP)® from PMI
Project Management Professional (PMP)® from PMITasnur Tonoy
 
UX in an Agile World - Scrum Gathering
UX in an Agile World -   Scrum GatheringUX in an Agile World -   Scrum Gathering
UX in an Agile World - Scrum GatheringKaizenko
 
Risk Management in Banks - Overview (May 2024)
Risk Management in Banks - Overview (May 2024)Risk Management in Banks - Overview (May 2024)
Risk Management in Banks - Overview (May 2024)Kristi Rohtsalu
 
Presentation On "Yusuf Ibn Tashfin" a true leader (1061 to 1106)_ prepared by...
Presentation On "Yusuf Ibn Tashfin" a true leader (1061 to 1106)_ prepared by...Presentation On "Yusuf Ibn Tashfin" a true leader (1061 to 1106)_ prepared by...
Presentation On "Yusuf Ibn Tashfin" a true leader (1061 to 1106)_ prepared by...kamrulShuva
 

Recently uploaded (10)

Travis Hills of Minnesota Leads Livestock Water and Energy in Sustainable Inn...
Travis Hills of Minnesota Leads Livestock Water and Energy in Sustainable Inn...Travis Hills of Minnesota Leads Livestock Water and Energy in Sustainable Inn...
Travis Hills of Minnesota Leads Livestock Water and Energy in Sustainable Inn...
 
Principles of Management analyze how Zara manage
Principles of Management analyze how Zara managePrinciples of Management analyze how Zara manage
Principles of Management analyze how Zara manage
 
Leading People - Harvard Manage Mentor Certificate
Leading People - Harvard Manage Mentor CertificateLeading People - Harvard Manage Mentor Certificate
Leading People - Harvard Manage Mentor Certificate
 
Create the recognition your teams deserve.pptx
Create the recognition your teams deserve.pptxCreate the recognition your teams deserve.pptx
Create the recognition your teams deserve.pptx
 
TEST BANK for Operations Management, 14th Edition by William J. Stevenson,.pdf
TEST BANK for Operations Management, 14th Edition by William J. Stevenson,.pdfTEST BANK for Operations Management, 14th Edition by William J. Stevenson,.pdf
TEST BANK for Operations Management, 14th Edition by William J. Stevenson,.pdf
 
Team Dynamics: A Journey to Excellence
Team Dynamics: A Journey to ExcellenceTeam Dynamics: A Journey to Excellence
Team Dynamics: A Journey to Excellence
 
Project Management Professional (PMP)® from PMI
Project Management Professional (PMP)® from PMIProject Management Professional (PMP)® from PMI
Project Management Professional (PMP)® from PMI
 
UX in an Agile World - Scrum Gathering
UX in an Agile World -   Scrum GatheringUX in an Agile World -   Scrum Gathering
UX in an Agile World - Scrum Gathering
 
Risk Management in Banks - Overview (May 2024)
Risk Management in Banks - Overview (May 2024)Risk Management in Banks - Overview (May 2024)
Risk Management in Banks - Overview (May 2024)
 
Presentation On "Yusuf Ibn Tashfin" a true leader (1061 to 1106)_ prepared by...
Presentation On "Yusuf Ibn Tashfin" a true leader (1061 to 1106)_ prepared by...Presentation On "Yusuf Ibn Tashfin" a true leader (1061 to 1106)_ prepared by...
Presentation On "Yusuf Ibn Tashfin" a true leader (1061 to 1106)_ prepared by...
 

Importance of operations managemenet in india

  • 1. IMPORTANCE OF OPERATIONS MANAGEMENT IN INDIA DONE BY, KAVIN S ANTONY SELVA BEAVEN V BHAVANA S BHAVATHARANI M DHAMODHARAN S ABDUL FARHAN S FIREBIRD INSTITUTE OF RESEARCH IN MANAGEMENT,COIMBATORE.
  • 2. Historical milestone in operation management: ▪ The industrial revolution ▪ Post civil war period ▪ Scientific management ▪ Human relations and behaviorism ▪ The service revolution ▪ Computer revolution
  • 3. Industrial Revolution ▪ The industrial revolution developed in england in 1700s. ▪ The steam engine, invented by James watt in 1764 largely replaces human and water power for factories. ▪ Adam smith “The wealth of nation” in 1776 touted the economic benefit of the specialization of labor. ▪ The IR spread from England to other european countries and to united states. ▪ In 1790 an American Eli Whitney, developed the concept of interchangable parts.
  • 4. Industrial Revolution ▪ The first great industry was the US textile industry ▪ In the 1800s the development of the gasoline engine and electricity further advanced the revolution.
  • 5. Post civil war period ▪ During the post civil war period great expansion of production capacity occurred. ▪ By post civil war the following development set the stage for the great production explosion of the 20th century. increased production capacity. the expanded urban work force. an effective national transportation system.
  • 6. Scientific management: ▪ Frederick taylor is know as the father of scientific management. His system employed three steps, they are ▪ Each workers skill, strength and learning ability were determined. ▪ Stopwatch studies were conducted to precisely set standard output per worker on each task. ▪ Material specifications work methods and routing sequences were used to organize the shop. ▪ Supervisors were carefully selected and trained . ▪ Incentive pay system were initiated.
  • 7. The Service Revolution ▪ The creation of service organizations accelerated sharply after world war . ▪ Today more then two- thirds of the US workforce is employed in services. ▪ About two thirds of the US GDP is from service. ▪ There is a huge trade surplus in service. ▪ Investment per office worker now exceeds the investment per factory worker.
  • 8. The computer Revolution ▪ Explosive growth of computer and communication technologies. ▪ Easy access to information and the availability of more information ▪ Advances in software application such as Enterprise Resource planning (ERP) software ▪ Widespread use of email ▪ More and more firms becoming involved in E-Business using the Internet. ▪ Result: faster, better decisions over greater distances.
  • 10. WHAT IS MAKE IN INDIA? ▪ Launched by the government of India on 25 September 2014 ▪ Motivating companies to manufacture products in India ▪ Increasing their investment ▪ 100% FDI is allowed in 25 sectors such as automobile, chemicals, biotechnology, pharmaceuticals except space, defence and media industry.
  • 11. EASE OF DOING BUSINESS 1.Starting a Business 2.Dealing with Construction Permits 3.Getting Electricity 4.Registering Property 5.Getting Credit 6.Protecting Minority Investors 7.PayingTaxes 8.Trading across Borders 9.Enforcing Contracts 10.Resolving Insolvency FACTORS IN EODB
  • 12. EASE OF DOING BUSINESS ▪ A high EODB ranking means the regulatory environment is more conducive for starting and operating of businesses. ▪ EODB RANKING 2014-142th rank After make in India 2019-77th rank 2020-33rd rank(targeted)
  • 13. FOREIGN DIRECT INVESTMENTS 8% 27% 29% 8.70% 2013-14 2014-15 2015-2016 2017-2018 FDI GROWTH RATE
  • 14. ZERO SCHEME (ZERO DEFECT,ZERO EFFECT) ZERO DEFECT our exported goods should never returned to us. ZERO EFFECT No negative impact on environment. PROACTIVE PROCESS OF IMPROVING, 1. Quality planning, 2. Product and process designing, 3. Optimum processes, 4. Efficient resource management, 5. Effective outsources activities and 6. Breakthrough outcomes NET RESULT IS SUSTAINABLE DEVELPMENT
  • 15. MANUFACTURING COMPETITIVENESS OF INDIA RELATIVE POSITIONING OF MANUFACTURES BY REGION 1.WESTERN EUROPE 2.UNITED STATES` 3.KOREA 4.EASTERN EUROPE 5.CHINA 6.INDIA INDIA IS LEADINGTHAN OTHER MANUFACTURES IN COST CONTROL BUT FACING MORE QUALITY COMPLIAINTS AND FULFILMENT DELAYS
  • 16. REASONS FOR INDIA’S LIMITED MANUFACTURING COMPETITITVENESS LIMITED PRODUCTIVITY ▪ Lack of automation ▪ Limited use of design-for-manufacturing ▪ Numerous non-value-added tasks SUPPLY CHAIN AS STRATEGIC PARTNER NEED: ▪ Product line is large ▪ Invading of MNC ▪ Alignment of SCM and products
  • 17. KEY COMPONENTS OF SCM ONE STRATEGY DOES NOT WORK FOR ANOTHER THE COMPONENTS ARE 1.WARE HOUSING •Underplayed in India •Merely a godown •Now transforming as automated warehouse •Warehouse should transform as single window logistics function
  • 18. KEY COMPONENTS OF SCM 2.INVENTORY MANAGEMENT 3.RFID IN SCM •In India, Supply chain management is in nascent stage •Due to intense competition, company not only exercise on cost control but also efficiently use the components of SCM •Due to advantage of forthcoming advantages, the supply chain management going to contribute in a big way for achieving ‘make in India’
  • 19. SUPPLIER COMPETENCE ▪ Adoption of lean quality system is low, thus product is poor Supplier quality issues arise from, 1. Talent shortage (to solve quality problems at the source) 2. Process discipline (to prevent poor quality products from moving through the value chain) and 3. Effective measurement and monitoring systems (to track and solve issues)
  • 20. Creating combined lean value chain ▪ One lean factory is efficient less and point less ▪ All partners of a business should become lean to change their enterprise as lean ▪ OEM should invest in building quality designs ▪ Creating supply relationships ▪ Manufactures collaborate with the suppliers ▪ Reducing lead times and improving quality
  • 21. CURRENT TRENDS AND CHALLENGES IN OPERATION MANAGEMENT
  • 22. WHYTO FOCUS ONTREND? ▪ Companies are right to focus on trends in operations management and strategies for getting ahead in their respective industries. While the pace of technology innovation is rapid, these developments offer more ways to enhance business operations and opportunities to increase profits. ▪ Aim to become more competitive in the market or merely seeking to cut down on costs of everyday business, these five trends may deliver the results to meet the operations management goals.
  • 23. IMPORTANTTRENDS IN OPERATIONS MANAGEMENT 1. Mobile Accessibility 2. Collaboration 3. Automation 4. Outsourcing 5. Advanced Planning and Scheduling (APS) & Operations Management
  • 24. Some of these have been around a while, but they remain popular trends in operations management: ▪ Business process reengineering, or BPR, which helps companies revamp their organizations from the ground up ▪ Lean manufacturing, Six Sigma, and Agile are disciplines focused on efficient, adaptable production and continue to be mainstay approaches ▪ Reconfigurable manufacturing systems, designed for flexibility with sudden market changes ▪ Behavioral operations management, which focuses on human behavior as it relates to operations management ▪ Sustainability, or maintaining ecologically minded practices, under changing laws ▪ Total quality management.
  • 25. CURRENT CHALLENGES IN OPERATION MANAGEMENT 1. Globalization 2. Sustainability 3. Ethical conduct 4. Effective communication 5. System design
  • 27. In India, the field of operations management (OM) is pursued in engineering and management institutes at undergraduate, post graduate and doctoral levels. To some extent, it is also covered in diploma programmes in polytechnics.
  • 28. ▪ demand forecasting ▪ aggregate planning ▪ facility location ▪ facility layout ▪ work measurement ▪ capacity planning
  • 29. ▪ inventory management ▪ design, planning and control of production systems ▪ cellular manufacturing system ▪ computer integrated manufacturing ▪ human issues.
  • 30. At doctoral level ▪ Just-in-time ▪ Supply chain ▪ Total quality management ▪ Flexible management systems
  • 31. ▪ business process re-engineering ▪ operation research applications in OM ▪ application of IT in manufacturing/BPR ▪ strategic management and operations/manufacturing policy. At doctoral level
  • 32. Future Of Operation Management In India
  • 33. Evolution Of Operation Management ▪ Craft Production. ▪ Division Of Labor. ▪ Interchangeable Parts. ▪ Scientific Management. ▪ Mass Production. ▪ Lean Production.
  • 34.
  • 35. Future Of Operation Management In India DigitalTechnology. ▪ IOS & Android Automation In Manufacturing Sectors. ▪ Rapid advances in robotics ▪ A.I ▪ Machine Learning