SlideShare a Scribd company logo
1 of 13
Download to read offline
I
LOKMANYA TILAK INSTITUTE
OF MANAGEMENT STUDIES &
RESEARCH, NAGPUR
PRIYADARSHINI
NAME -:RITIKSHANKAR YADAV
ROLL NO -: 109
BBA 3YEAR (5SEM)
TOPIC
RECENT
TRENDS IN
OPERATIONS
MANAGEMENT
CONTENT
1. WHAT IS OPERATION
MANAGEMENT ?
2. RECENTTRENDS
WHAT IS
OPERATION
MANAGEMENT ?
Operations management involves
overseeing the processes and activities
within an organization to ensure
efficient production of goods or
delivery of services. It encompasses
planning, organizing, and controlling
resources to achieve the desired
outcomes.
Trends in
Production &
Operation
Management
Cycle
Time
Reduction
Workers
involvement
Supply Chain
Mangement
Business
Process
Re-engineering
Total Quality
Mangement
Lean
Manufacturing
CAD/CAE/
CAM
GREEN
MANUFACTURING
1.CAD/CAM/CAE
• CAD OR CADD stand for
Computer Aided Drafting and
Designing.
• CAE stand for Computer Aided
Engineering.
• CAM stand for Computer Aided
Manufacturing.
• CAD is used for design, CAE for
analysis, and CAM for actual
manufacturing
2.SuPPLY CHAIN MANAGEMENT
Ø "SCM" stands for Supply Chain
Management. It refers to the process of
managing the movement of goods and
services from the point of origin to the
point of consumption.This involves
various activities such as procurement,
production, distribution, and logistics.
Effective SCM is crucial for businesses to
optimize costs, improve efficiency, and
meet customer demands.
Ø SCM is also Known as the art of
Management of providing the right
product ,at the right time ,right Place and
at the right cost
3.BuSINESS PROCESS RE-ENGINEERING
(BPR)
4.TOTAL QuALITY MANAGEMENT
Total Quality Management (TQM) is a
management technique based on the
idea that all employees continuously
improve their ability to provide on-
demand products and services that
customers will find of particular value.
TQM relies on data-driven decision-
making, teamwork, and supplier
partnerships to achieve excellence and
efficiency in an
organization’s operations.
5.LEAN MANuFACTuRING
• Lean manufacturing is a
systematic approach to
production that focuses on
minimizing waste while
maximizing efficiency and quality.
It originated from the Toyota
Production System and
emphasizes principles like
continuous improvement, just-in-
time production, and respect for
people.
• The goal is to deliver value to
customers with the least amount
of resources and waste possible.
6.WORKERS INVOLVEMENT
• "Worker involvement" refers to the
active participation and
engagement of employees in
various aspects of their work, such
as decision-making, problem-
solving, and contributing ideas or
feedback.
• It can lead to increased job
satisfaction, productivity, and a
positive work environment.
7.CYCLE TIME REDuCTION
• Cycle time reduction refers to the
process of minimizing the time it
takes to complete a specific task
or process. It's about finding ways
to do things more efficiently and
quickly, often through process
optimization, automation, or
eliminating unnecessary steps.
GREEN MANuFACTuRING
• Green manufacturing is the renewal of
production processes and the establishment
of environmentally-friendly operations within
the manufacturing field.
• It focuses on resource efficiency, waste
reduction, energy conservation, and
sustainable practices throughout the
production process.
• This approach aims to lower environmental
impact while maintaining product quality and
profitability.
Modern trends in operation management.BBA

More Related Content

Similar to Modern trends in operation management.BBA

Study on quality control & quality management systems
Study on quality control & quality management systemsStudy on quality control & quality management systems
Study on quality control & quality management systemsSIBENDU SURAJEET JENA
 
Lean Production POM.pptx
Lean Production POM.pptxLean Production POM.pptx
Lean Production POM.pptxSaranshGera2
 
Lean manufacturing overview
Lean manufacturing overviewLean manufacturing overview
Lean manufacturing overviewPruek Pinyo
 
Nature characteristics of work Simplification.pptx
Nature characteristics of work Simplification.pptxNature characteristics of work Simplification.pptx
Nature characteristics of work Simplification.pptxMarjurie Catuguran
 
Chapter 3. CON CURRENT ENGINEERING
Chapter 3. CON CURRENT ENGINEERINGChapter 3. CON CURRENT ENGINEERING
Chapter 3. CON CURRENT ENGINEERINGProf.Mayur Modi
 
Production planning and control
Production planning and controlProduction planning and control
Production planning and controlGerald Michael
 
Module-1 Introduction to Operations Management
Module-1 Introduction to Operations ManagementModule-1 Introduction to Operations Management
Module-1 Introduction to Operations ManagementNirajMishra67
 
Operational Effectiveness & Management Program Workshop by Tetrahedron
Operational Effectiveness & Management Program Workshop by TetrahedronOperational Effectiveness & Management Program Workshop by Tetrahedron
Operational Effectiveness & Management Program Workshop by TetrahedronSagar Sangam Sahu
 
Interactive activity1 tqm_diana priscila montesdeoca benitez
Interactive activity1 tqm_diana priscila montesdeoca benitezInteractive activity1 tqm_diana priscila montesdeoca benitez
Interactive activity1 tqm_diana priscila montesdeoca benitezPriscila Montesdeoca
 
Total Quality Management - Diana Priscila Montesdeoca Benitez
Total Quality Management - Diana Priscila Montesdeoca BenitezTotal Quality Management - Diana Priscila Montesdeoca Benitez
Total Quality Management - Diana Priscila Montesdeoca BenitezPriscila Montesdeoca
 
Latest trends in production and operational management
Latest trends in production and operational managementLatest trends in production and operational management
Latest trends in production and operational managementKirti Gupta
 
Lean Six Sigma overview Julian Kalac
Lean  Six Sigma overview Julian KalacLean  Six Sigma overview Julian Kalac
Lean Six Sigma overview Julian KalacJulian Kalac P.Eng
 
Productivity for BMS student
Productivity for BMS studentProductivity for BMS student
Productivity for BMS studentStudy Guide Pro
 
How Lean Manufacturing Helps Streamlining Production for Efficiency.pdf
How Lean Manufacturing Helps Streamlining Production for Efficiency.pdfHow Lean Manufacturing Helps Streamlining Production for Efficiency.pdf
How Lean Manufacturing Helps Streamlining Production for Efficiency.pdfMr. Business Magazine
 
Lean Six Sigma for Jewellery
Lean Six Sigma for JewelleryLean Six Sigma for Jewellery
Lean Six Sigma for JewelleryPrem Anand
 
Lean Process and Production
Lean Process and ProductionLean Process and Production
Lean Process and Productionravina10008
 

Similar to Modern trends in operation management.BBA (20)

Lean manufacturing
Lean manufacturingLean manufacturing
Lean manufacturing
 
Study on quality control & quality management systems
Study on quality control & quality management systemsStudy on quality control & quality management systems
Study on quality control & quality management systems
 
Lean Production POM.pptx
Lean Production POM.pptxLean Production POM.pptx
Lean Production POM.pptx
 
Lean manufacturing overview
Lean manufacturing overviewLean manufacturing overview
Lean manufacturing overview
 
Lean Manufacturing
Lean ManufacturingLean Manufacturing
Lean Manufacturing
 
Nature characteristics of work Simplification.pptx
Nature characteristics of work Simplification.pptxNature characteristics of work Simplification.pptx
Nature characteristics of work Simplification.pptx
 
Chapter 3. CON CURRENT ENGINEERING
Chapter 3. CON CURRENT ENGINEERINGChapter 3. CON CURRENT ENGINEERING
Chapter 3. CON CURRENT ENGINEERING
 
Production planning and control
Production planning and controlProduction planning and control
Production planning and control
 
Module-1 Introduction to Operations Management
Module-1 Introduction to Operations ManagementModule-1 Introduction to Operations Management
Module-1 Introduction to Operations Management
 
Operational Effectiveness & Management Program Workshop by Tetrahedron
Operational Effectiveness & Management Program Workshop by TetrahedronOperational Effectiveness & Management Program Workshop by Tetrahedron
Operational Effectiveness & Management Program Workshop by Tetrahedron
 
Interactive activity1 tqm_diana priscila montesdeoca benitez
Interactive activity1 tqm_diana priscila montesdeoca benitezInteractive activity1 tqm_diana priscila montesdeoca benitez
Interactive activity1 tqm_diana priscila montesdeoca benitez
 
Total Quality Management - Diana Priscila Montesdeoca Benitez
Total Quality Management - Diana Priscila Montesdeoca BenitezTotal Quality Management - Diana Priscila Montesdeoca Benitez
Total Quality Management - Diana Priscila Montesdeoca Benitez
 
Latest trends in production and operational management
Latest trends in production and operational managementLatest trends in production and operational management
Latest trends in production and operational management
 
Lean Six Sigma overview Julian Kalac
Lean  Six Sigma overview Julian KalacLean  Six Sigma overview Julian Kalac
Lean Six Sigma overview Julian Kalac
 
Pom unit 1
Pom unit 1Pom unit 1
Pom unit 1
 
Productivity for BMS student
Productivity for BMS studentProductivity for BMS student
Productivity for BMS student
 
How Lean Manufacturing Helps Streamlining Production for Efficiency.pdf
How Lean Manufacturing Helps Streamlining Production for Efficiency.pdfHow Lean Manufacturing Helps Streamlining Production for Efficiency.pdf
How Lean Manufacturing Helps Streamlining Production for Efficiency.pdf
 
Lean Six Sigma for Jewellery
Lean Six Sigma for JewelleryLean Six Sigma for Jewellery
Lean Six Sigma for Jewellery
 
Lean Process and Production
Lean Process and ProductionLean Process and Production
Lean Process and Production
 
FUSION BROCHURE_ENG_Final_20160224_kvz(2)
FUSION BROCHURE_ENG_Final_20160224_kvz(2)FUSION BROCHURE_ENG_Final_20160224_kvz(2)
FUSION BROCHURE_ENG_Final_20160224_kvz(2)
 

Recently uploaded

Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfOrient Homes
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdfOrient Homes
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneCall girls in Ahmedabad High profile
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 

Recently uploaded (20)

Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdf
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 

Modern trends in operation management.BBA

  • 1. I LOKMANYA TILAK INSTITUTE OF MANAGEMENT STUDIES & RESEARCH, NAGPUR PRIYADARSHINI NAME -:RITIKSHANKAR YADAV ROLL NO -: 109 BBA 3YEAR (5SEM)
  • 2. TOPIC RECENT TRENDS IN OPERATIONS MANAGEMENT CONTENT 1. WHAT IS OPERATION MANAGEMENT ? 2. RECENTTRENDS
  • 3. WHAT IS OPERATION MANAGEMENT ? Operations management involves overseeing the processes and activities within an organization to ensure efficient production of goods or delivery of services. It encompasses planning, organizing, and controlling resources to achieve the desired outcomes.
  • 4. Trends in Production & Operation Management Cycle Time Reduction Workers involvement Supply Chain Mangement Business Process Re-engineering Total Quality Mangement Lean Manufacturing CAD/CAE/ CAM GREEN MANUFACTURING
  • 5. 1.CAD/CAM/CAE • CAD OR CADD stand for Computer Aided Drafting and Designing. • CAE stand for Computer Aided Engineering. • CAM stand for Computer Aided Manufacturing. • CAD is used for design, CAE for analysis, and CAM for actual manufacturing
  • 6. 2.SuPPLY CHAIN MANAGEMENT Ø "SCM" stands for Supply Chain Management. It refers to the process of managing the movement of goods and services from the point of origin to the point of consumption.This involves various activities such as procurement, production, distribution, and logistics. Effective SCM is crucial for businesses to optimize costs, improve efficiency, and meet customer demands. Ø SCM is also Known as the art of Management of providing the right product ,at the right time ,right Place and at the right cost
  • 8. 4.TOTAL QuALITY MANAGEMENT Total Quality Management (TQM) is a management technique based on the idea that all employees continuously improve their ability to provide on- demand products and services that customers will find of particular value. TQM relies on data-driven decision- making, teamwork, and supplier partnerships to achieve excellence and efficiency in an organization’s operations.
  • 9. 5.LEAN MANuFACTuRING • Lean manufacturing is a systematic approach to production that focuses on minimizing waste while maximizing efficiency and quality. It originated from the Toyota Production System and emphasizes principles like continuous improvement, just-in- time production, and respect for people. • The goal is to deliver value to customers with the least amount of resources and waste possible.
  • 10. 6.WORKERS INVOLVEMENT • "Worker involvement" refers to the active participation and engagement of employees in various aspects of their work, such as decision-making, problem- solving, and contributing ideas or feedback. • It can lead to increased job satisfaction, productivity, and a positive work environment.
  • 11. 7.CYCLE TIME REDuCTION • Cycle time reduction refers to the process of minimizing the time it takes to complete a specific task or process. It's about finding ways to do things more efficiently and quickly, often through process optimization, automation, or eliminating unnecessary steps.
  • 12. GREEN MANuFACTuRING • Green manufacturing is the renewal of production processes and the establishment of environmentally-friendly operations within the manufacturing field. • It focuses on resource efficiency, waste reduction, energy conservation, and sustainable practices throughout the production process. • This approach aims to lower environmental impact while maintaining product quality and profitability.