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Operation is the Core Hub of the organization
The document explains operations management as the management of systems that produce goods and provide services, emphasizing the importance of operations within an organization. It highlights the role of operations managers in overseeing resources and interacting with various functional areas like finance, marketing, suppliers, and human resources. The interconnectedness of these business functions is essential for effective production and service delivery.
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Operation is the Core Hub of the organization
- 1. OPERATION IS THE COREHUB OF THE ORGANIZATION ABDULLAH AL MARUF 113-11-2295
- 2. What comes tomind when you hear “Operations Management”?
- 3. Amazon’s Warehouse inPhoenix (facility size: 1.2 million-square-foot) Image Credit: bizbeatblog.dallasnews.com
- 4. What is operations? oThepart of a business organization that is responsible for producing goods or services. What is operations management? oThe management of systems or processes that create goods and/or provide/delivering services. Operation managers? oThe people who are responsible for monitoring and managing the recourses that make up the operation functions.
- 5. OPERATION FUNCTIONS &ACTIVITIES IN MOST FIRMS OPERATION INTERACTS WITH OTHER FUNCTIONALAREAS TO PRODUCE GOODS AND PROVIDE SERVICES FOR CUSTOMERS. HOW ? For PRODUCTION of goods or conducting any service they gained monetary resources For FINANCE/ACCOUNTING they do production and inventory data, capital budgeting, capacity expansion and technological plans etc. For MARKETING sales forecasting, lead time estimates, customer feedback, promotional activities etc. For SUPPLIERS orders for materials, maintain delivery schedule, material availability, quality data etc. For HUMAN RECOURSES pays workers, sets skills and evaluating performance, training etc.
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