Operations management
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Operations management is responsible for planning, coordinating, and controlling resources to efficiently produce goods and services. It aims to maximize profit by converting materials and labor into outputs as efficiently as possible. Operations management oversees various operations like production, marketing, human resources, and more. The operations manager ensures smooth processes and wears many hats, taking on responsibilities like logistics, budgeting, strategic planning, and managing support and third-party services.
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Interaction of operations_management_with_other_functional_areas
Interaction of operations_management_with_other_functional_areasShifas ibrahim MBA student @ ILAHIA SCHOOL OF MANAGEMENT STUDIES
Operations management interacts with other functional areas by managing the transformation process and providing information to support other business functions. As the most diverse organizational function, operations management operates under many names and faces like VP of operations or manufacturing manager. Other functions like marketing, finance, human resources, and accounting rely on operations management to understand production capabilities, capital investment needs, job requirements, and inventory/capacity details in order to coordinate activities and achieve organizational goals.Production and operations management - Meaning
Production and operations management involves planning, organizing, and overseeing processes to improve profitability. Managers analyze current processes and make adjustments to support strategic goals. Production management refers to the activities involved in manufacturing products, while operations management is for managing service-related processes. Both aim to transform inputs into final goods or services through defined and repeatable policies.
Operations management training
Operation Management is the proficient and successful usage of the arrangements and undertakings important to fulfill an organization's clients, workers, and management. It is the management of frameworks or procedures that make merchandise and additionally offer types of assistance.
Progressing exercises of structuring, checking on and utilizing the working framework, to accomplish administration yields as dictated by the association for clients.
Learning Objectives :
Upon completion of operation management training, the attendees are able to:
Distinguish the key objectives and prerequisites of operations management
Depict the standards of operations management including: stock management, operations arranging, producing management,
Talk about the significant contemplations when arranging operations management incorporating contending with operations, planning and improving procedures
Portray the key specialized improvements
Rundown the means engaged with setting up recharging arrangements and buying management
Learn more.
Operations Management Training
https://www.tonex.com/training-courses/operations-management/
Production and operation management system.
This presentation provides an overview of production and operation management systems. It introduces management, production management, and operation management. The objective of a production management system is to produce goods of the right quality and quantity at the right time and cost. A framework for managing operations includes planning, organizing, controlling, and considering organizational behavior. Key concepts in operation management are efficiency, effectiveness, and value. The objectives of operation management are to provide good customer service and achieve adequate resource utilization. The scope of production and operation management includes facility location, plant layout, product design, production planning and control, quality control, materials management, and maintenance management.
Production Management with it's objectives and functions
Production Management with its objectives and functions.
An Engineering Economics and Management Topic
Operation management hm
related to operation management of hospital which includes all about the hospital front desk and expenses.
Operations management
Operations management is the business function responsible for planning, coordinating, and controlling resources to produce products and services. It transforms inputs like people, materials, and money into outputs that are goods and services. The goal is to add value at each stage of production and provide an efficient transformation process. Operations managers make both strategic decisions that set long-term direction and tactical decisions that focus on day-to-day resource needs, schedules, and production quantities. Both types of decisions must be aligned. Operations management is a core function in all organizations, whether service, manufacturing, profit, or nonprofit.
Production deparment
The production-oriented department is responsible for transforming inputs into finished goods through a series of production processes. Companies with a production orientation focus primarily on manufacturing and make operational efficiencies and production optimization key objectives. To ensure smooth production, they recruit and train labor, negotiate union contracts, maintain discipline, and administer wages and welfare programs while emphasizing action over lengthy planning.
Recommended
Interaction of operations_management_with_other_functional_areas
Interaction of operations_management_with_other_functional_areasShifas ibrahim MBA student @ ILAHIA SCHOOL OF MANAGEMENT STUDIES
Operations management interacts with other functional areas by managing the transformation process and providing information to support other business functions. As the most diverse organizational function, operations management operates under many names and faces like VP of operations or manufacturing manager. Other functions like marketing, finance, human resources, and accounting rely on operations management to understand production capabilities, capital investment needs, job requirements, and inventory/capacity details in order to coordinate activities and achieve organizational goals.Production and operations management - Meaning
Production and operations management involves planning, organizing, and overseeing processes to improve profitability. Managers analyze current processes and make adjustments to support strategic goals. Production management refers to the activities involved in manufacturing products, while operations management is for managing service-related processes. Both aim to transform inputs into final goods or services through defined and repeatable policies.
Operations management training
Operation Management is the proficient and successful usage of the arrangements and undertakings important to fulfill an organization's clients, workers, and management. It is the management of frameworks or procedures that make merchandise and additionally offer types of assistance.
Progressing exercises of structuring, checking on and utilizing the working framework, to accomplish administration yields as dictated by the association for clients.
Learning Objectives :
Upon completion of operation management training, the attendees are able to:
Distinguish the key objectives and prerequisites of operations management
Depict the standards of operations management including: stock management, operations arranging, producing management,
Talk about the significant contemplations when arranging operations management incorporating contending with operations, planning and improving procedures
Portray the key specialized improvements
Rundown the means engaged with setting up recharging arrangements and buying management
Learn more.
Operations Management Training
https://www.tonex.com/training-courses/operations-management/
Production and operation management system.
This presentation provides an overview of production and operation management systems. It introduces management, production management, and operation management. The objective of a production management system is to produce goods of the right quality and quantity at the right time and cost. A framework for managing operations includes planning, organizing, controlling, and considering organizational behavior. Key concepts in operation management are efficiency, effectiveness, and value. The objectives of operation management are to provide good customer service and achieve adequate resource utilization. The scope of production and operation management includes facility location, plant layout, product design, production planning and control, quality control, materials management, and maintenance management.
Production Management with it's objectives and functions
Production Management with its objectives and functions.
An Engineering Economics and Management Topic
Operation management hm
related to operation management of hospital which includes all about the hospital front desk and expenses.
Operations management
Operations management is the business function responsible for planning, coordinating, and controlling resources to produce products and services. It transforms inputs like people, materials, and money into outputs that are goods and services. The goal is to add value at each stage of production and provide an efficient transformation process. Operations managers make both strategic decisions that set long-term direction and tactical decisions that focus on day-to-day resource needs, schedules, and production quantities. Both types of decisions must be aligned. Operations management is a core function in all organizations, whether service, manufacturing, profit, or nonprofit.
Production deparment
The production-oriented department is responsible for transforming inputs into finished goods through a series of production processes. Companies with a production orientation focus primarily on manufacturing and make operational efficiencies and production optimization key objectives. To ensure smooth production, they recruit and train labor, negotiate union contracts, maintain discipline, and administer wages and welfare programs while emphasizing action over lengthy planning.
Operations Management (OM)
This slide consists of following operations management (OM) topics:
1. concept or definition of operations management (OM)
2. Transformation process of OM
2.1. Inputs, process and outputs
3. 4 rights in OM
4. Objectives of operations management (OM)
5. Functions of Operations management
6. Historical Development of operations management (OM)
7. New Trends in Operations Management
8. Ethics in Operations management
source: Book of Jay Heizer & Barry Render (2015) "Operations Management"
© 2015 Pearson India Education Services Pvt. Ltd.
.
By: Uttar Tamang
Operations Management Assignment Help
This document provides an overview of operations management topics including: what operations management is and its responsibilities; principles of operations management; significance of operations management; definitions of delivery management, operating margin, operating income; and how to calculate operating margin and break down operating income. Contact information is provided at the end for any additional questions.
Operation Management Chapter 1
This document provides an overview of operations management. It explains that the role of operations is to transform inputs into outputs through value-added processes in order to deliver products and services to customers. Operations managers are responsible for managing people, materials, resources, and delivery systems. While operations functions can differ between manufacturing and service organizations, the overall goal is the same - to support organizational success through efficient and effective management of key operations tasks.
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This document provides an overview of a lecture on production and operations management. It begins with introducing the concepts of production management and operations management. It then discusses the historical evolution of the field from scientific management in the early 20th century to a broader focus on both manufacturing and service sectors today. The rest of the document defines key concepts like production systems, operations, and the scope of production and operations management, which includes facilities location, process design, quality control, and other areas.
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Production management
This document provides an overview of production management. It defines production management as planning, organizing, directing and controlling production activities to convert raw materials into finished goods. The main objectives are to produce quality goods, right quantity, on time and at minimum cost while improving efficiency. Production planning and control coordinates all production subsystems. It also discusses product planning, process planning, and plant planning as key aspects of production management.
Production and operations management - Functions and Benefits
Application of management functions in production process through planning, organizing, directing and controlling managerial functions in the process of converting input into desired output in an efficient and effective manner.
Process selection
The document provides guidance on keeping moving forward, even when facing challenges. It advises that if one cannot fly (move quickly), they should run, if they cannot run they should walk, and if unable to walk then crawl. But the key message is to keep moving in whatever way possible. The quote is attributed to civil rights leader Martin Luther King Jr.
Operations & productivity
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Operations management is the process of managing the resources which are necessary to produce a company's goods or services. It involves planning, organizing and controlling these resources. The key functions are operations and supply chains on the supply side, and sales and marketing on the demand side. The ideal goal is to achieve an economic match between supply and demand. Operations management has evolved over time from a focus on efficiency to also emphasizing quality, flexibility and customer responsiveness. New approaches now view technology as a way to improve quality in addition to reducing costs.
Operations Management CHAPTER 1
1.1 What is OM?
1.2 Why study OM?
1.3 What do Op. Managers do?
1.4 Organizing to produce G&S
1.5 Heritage of OM
1.6 Operations as a service
Production management v
Production management deals with manufacturing products like cars and computers, while operation management covers both products and services. Production management requires more capital equipment to produce goods, while operation management requires more labor and less equipment for services. There is no customer participation during production, but operation management needs constant customer contact for services. The scopes of production and operation management include facility location, plant layout, material handling, process design, production planning and control, quality control, and material management.
Functions of production operation management
Production/operations management (POM) involves planning, organizing, and controlling the production process. As part of management, the key functions of POM are to optimize resource utilization, make decisions about production, and ensure goals are aligned with the overall organization's strategy. The POM manager seeks to effectively plan, organize, control, and model human behavior during the conversion of raw materials into finished goods.
Areas of management
This document summarizes five key areas of management: marketing management, financial management, production management, human resource management, and office management. For each area, it provides a brief overview of the functions and sub-areas. Marketing management involves activities like sales, advertising, and market research. Financial management includes accounting, costing, and taxation. Production management covers planning, quality control, and monitoring production progress. Human resource management focuses on recruitment, training, and employee benefits. Finally, office management organizes office activities and personnel.
Operations And Productivity
The document provides an overview of operations management concepts including:
1) It defines operations management as managing the processes that transform inputs into outputs in the form of goods and services.
2) It discusses the differences between goods and services, noting services are intangible, produced and consumed simultaneously, and have inconsistent quality definitions.
3) It outlines 10 critical decision areas operations managers must address such as design, quality management, and supply chain management.
Get operations management assignment help
Are you struggling with your operations management homework help? Reach us our expert writers which is a leading operation management assignment provider.
Importance of 5 s and kazian in the organization
During the study I were compare with developing organization which is very helpful to improvement productivity and system development by 5S and Kaizen. But they all of them implemented by the strategic management because they requires a smooth environment with soft positive system where everyone accept their mistake ignore without blaming others. First organizations can starting with training their staffs and provide relevant staffs at applicable work which have related education with skills b/s they cannot be implement by pressure into the staffs.
5S stands for five Japanese words meaning sorting, setting in order, sweeping, standardization and sustainment. It is the first step towards continuous improvement and is generally more effective when integrated into management systems. Kaizen is something more than continuous improvement as it deals with day to day workplace issues The concept of kaizen which started from manufacturing industry has now spread to all sorts of businesses .It requires every members contribution, effective communication between management and workers Also impact of kaizen on human resources needs to be measured .A framework is required for measuring impact of kaizen and lessons learnt from it needs to be shared. The most important source to check it’s effectiveness are case studies based on various organizational setting all over the world. The most important source of information for these case studies is surveys.
Planning2
The document discusses various aspects of organizational planning including:
1) Establishing objectives, analyzing the situation, determining and evaluating alternatives, and formulating plans for departments.
2) The types of plans including strategic, tactical, and operational and their purposes.
3) Approaches to goal setting such as traditional, MBO, and different planning approaches.
4) Job design including job enrichment, job sharing, and motivational aspects.
5) Organizational structures like functional, divisional, and matrix and their characteristics.
6) Elements of staffing like job analysis, recruitment, selection, training, and compensation.
Management control system
A management control system integrates accounting tools to set goals, measure performance, and evaluate results to ensure managers and employees work to achieve organizational objectives; it establishes responsibility centers, develops financial and non-financial performance measures, and provides feedback to adjust to changes. The document outlines the key components of an effective management control system, including specifying goals and objectives, measuring controllable costs and uncontrollable costs, using both financial and non-financial metrics, and periodically reviewing the system.
Production management
This document provides an introduction and overview of production and operations management. It discusses:
1) The historical evolution of production and operations management from Adam Smith's theories in the 18th century to more modern developments.
2) Key concepts including the definition of production as the transformation of inputs into outputs with value added at each stage.
3) The components and characteristics of a production system, including classification into types such as job shops, batch production, and mass production.
Mba 801 production and operations management
This unit introduces production and operations management (POM). It describes POM as the function that enables organizations to achieve their goals through efficient resource utilization. POM is important for both manufacturing and service organizations. The unit discusses how POM relates to other functions like finance and marketing. It also briefly outlines the historical evolution of POM from the industrial revolution to modern approaches like scientific management and human relations. The unit provides an overview of the key topics covered in the course.
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Operations Management (OM)
This slide consists of following operations management (OM) topics:
1. concept or definition of operations management (OM)
2. Transformation process of OM
2.1. Inputs, process and outputs
3. 4 rights in OM
4. Objectives of operations management (OM)
5. Functions of Operations management
6. Historical Development of operations management (OM)
7. New Trends in Operations Management
8. Ethics in Operations management
source: Book of Jay Heizer & Barry Render (2015) "Operations Management"
© 2015 Pearson India Education Services Pvt. Ltd.
.
By: Uttar Tamang
Operations Management Assignment Help
This document provides an overview of operations management topics including: what operations management is and its responsibilities; principles of operations management; significance of operations management; definitions of delivery management, operating margin, operating income; and how to calculate operating margin and break down operating income. Contact information is provided at the end for any additional questions.
Operation Management Chapter 1
This document provides an overview of operations management. It explains that the role of operations is to transform inputs into outputs through value-added processes in order to deliver products and services to customers. Operations managers are responsible for managing people, materials, resources, and delivery systems. While operations functions can differ between manufacturing and service organizations, the overall goal is the same - to support organizational success through efficient and effective management of key operations tasks.
Lecture 1 Production and operation management.pptx
This document provides an overview of a lecture on production and operations management. It begins with introducing the concepts of production management and operations management. It then discusses the historical evolution of the field from scientific management in the early 20th century to a broader focus on both manufacturing and service sectors today. The rest of the document defines key concepts like production systems, operations, and the scope of production and operations management, which includes facilities location, process design, quality control, and other areas.
Fm ppt 1
The document discusses facility management. It defines facility management as managing buildings to help meet objectives, goals, and missions through various disciplines like planning, design, leasing, construction management, and property management. A facility manager's main responsibilities include ensuring facilities run smoothly and safely for their intended purposes through activities like maintenance, budgeting, and coordinating employees. Facility managers must consider various internal and external constituents. They are responsible for planning, organizing, implementing, and controlling various facility management functions.
Production management
This document provides an overview of production management. It defines production management as planning, organizing, directing and controlling production activities to convert raw materials into finished goods. The main objectives are to produce quality goods, right quantity, on time and at minimum cost while improving efficiency. Production planning and control coordinates all production subsystems. It also discusses product planning, process planning, and plant planning as key aspects of production management.
Production and operations management - Functions and Benefits
Application of management functions in production process through planning, organizing, directing and controlling managerial functions in the process of converting input into desired output in an efficient and effective manner.
Process selection
The document provides guidance on keeping moving forward, even when facing challenges. It advises that if one cannot fly (move quickly), they should run, if they cannot run they should walk, and if unable to walk then crawl. But the key message is to keep moving in whatever way possible. The quote is attributed to civil rights leader Martin Luther King Jr.
Operations & productivity
This document provides an overview of operations management. It begins with definitions of operations management and discusses key topics like productivity, efficiency, effectiveness and various approaches throughout history. These include scientific management in the 1900s, the human relations movement in the 1920s-30s, Japanese quality approaches in the 1970s and current trends toward sustainability, flexibility and globalization. The document also compares service and manufacturing operations and discusses challenges facing operations managers today.
Enterprise resource planning, business process re engineering, Total Producti...
Its About How to Plan your Resources, and how and importance of re engineering the business process. And how to maintain the productive of machines
Vskills production and operations management sample material
Operations management is the process of managing the resources which are necessary to produce a company's goods or services. It involves planning, organizing and controlling these resources. The key functions are operations and supply chains on the supply side, and sales and marketing on the demand side. The ideal goal is to achieve an economic match between supply and demand. Operations management has evolved over time from a focus on efficiency to also emphasizing quality, flexibility and customer responsiveness. New approaches now view technology as a way to improve quality in addition to reducing costs.
Operations Management CHAPTER 1
1.1 What is OM?
1.2 Why study OM?
1.3 What do Op. Managers do?
1.4 Organizing to produce G&S
1.5 Heritage of OM
1.6 Operations as a service
Production management v
Production management deals with manufacturing products like cars and computers, while operation management covers both products and services. Production management requires more capital equipment to produce goods, while operation management requires more labor and less equipment for services. There is no customer participation during production, but operation management needs constant customer contact for services. The scopes of production and operation management include facility location, plant layout, material handling, process design, production planning and control, quality control, and material management.
Functions of production operation management
Production/operations management (POM) involves planning, organizing, and controlling the production process. As part of management, the key functions of POM are to optimize resource utilization, make decisions about production, and ensure goals are aligned with the overall organization's strategy. The POM manager seeks to effectively plan, organize, control, and model human behavior during the conversion of raw materials into finished goods.
Areas of management
This document summarizes five key areas of management: marketing management, financial management, production management, human resource management, and office management. For each area, it provides a brief overview of the functions and sub-areas. Marketing management involves activities like sales, advertising, and market research. Financial management includes accounting, costing, and taxation. Production management covers planning, quality control, and monitoring production progress. Human resource management focuses on recruitment, training, and employee benefits. Finally, office management organizes office activities and personnel.
Operations And Productivity
The document provides an overview of operations management concepts including:
1) It defines operations management as managing the processes that transform inputs into outputs in the form of goods and services.
2) It discusses the differences between goods and services, noting services are intangible, produced and consumed simultaneously, and have inconsistent quality definitions.
3) It outlines 10 critical decision areas operations managers must address such as design, quality management, and supply chain management.
Get operations management assignment help
Are you struggling with your operations management homework help? Reach us our expert writers which is a leading operation management assignment provider.
Importance of 5 s and kazian in the organization
During the study I were compare with developing organization which is very helpful to improvement productivity and system development by 5S and Kaizen. But they all of them implemented by the strategic management because they requires a smooth environment with soft positive system where everyone accept their mistake ignore without blaming others. First organizations can starting with training their staffs and provide relevant staffs at applicable work which have related education with skills b/s they cannot be implement by pressure into the staffs.
5S stands for five Japanese words meaning sorting, setting in order, sweeping, standardization and sustainment. It is the first step towards continuous improvement and is generally more effective when integrated into management systems. Kaizen is something more than continuous improvement as it deals with day to day workplace issues The concept of kaizen which started from manufacturing industry has now spread to all sorts of businesses .It requires every members contribution, effective communication between management and workers Also impact of kaizen on human resources needs to be measured .A framework is required for measuring impact of kaizen and lessons learnt from it needs to be shared. The most important source to check it’s effectiveness are case studies based on various organizational setting all over the world. The most important source of information for these case studies is surveys.
Planning2
The document discusses various aspects of organizational planning including:
1) Establishing objectives, analyzing the situation, determining and evaluating alternatives, and formulating plans for departments.
2) The types of plans including strategic, tactical, and operational and their purposes.
3) Approaches to goal setting such as traditional, MBO, and different planning approaches.
4) Job design including job enrichment, job sharing, and motivational aspects.
5) Organizational structures like functional, divisional, and matrix and their characteristics.
6) Elements of staffing like job analysis, recruitment, selection, training, and compensation.
Management control system
A management control system integrates accounting tools to set goals, measure performance, and evaluate results to ensure managers and employees work to achieve organizational objectives; it establishes responsibility centers, develops financial and non-financial performance measures, and provides feedback to adjust to changes. The document outlines the key components of an effective management control system, including specifying goals and objectives, measuring controllable costs and uncontrollable costs, using both financial and non-financial metrics, and periodically reviewing the system.
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Lecture 1 Production and operation management.pptx
Lecture 1 Production and operation management.pptx
Production and operations management - Functions and Benefits
Production and operations management - Functions and Benefits
Enterprise resource planning, business process re engineering, Total Producti...
Enterprise resource planning, business process re engineering, Total Producti...
Vskills production and operations management sample material
Vskills production and operations management sample material
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This document provides an introduction and overview of production and operations management. It discusses:
1) The historical evolution of production and operations management from Adam Smith's theories in the 18th century to more modern developments.
2) Key concepts including the definition of production as the transformation of inputs into outputs with value added at each stage.
3) The components and characteristics of a production system, including classification into types such as job shops, batch production, and mass production.
Mba 801 production and operations management
This unit introduces production and operations management (POM). It describes POM as the function that enables organizations to achieve their goals through efficient resource utilization. POM is important for both manufacturing and service organizations. The unit discusses how POM relates to other functions like finance and marketing. It also briefly outlines the historical evolution of POM from the industrial revolution to modern approaches like scientific management and human relations. The unit provides an overview of the key topics covered in the course.
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This document discusses facility location and provides an example problem of determining the optimal location for a passenger luggage pick-up point at an airport terminal. The problem involves analyzing the flow of luggage from 10 arrival gates to minimize the total distance traveled. The document examines solving the problem using different distance metrics and shows that the optimal location is near coordinate (10,6). It also discusses how the problem could be extended to determine the optimal location of two luggage pick-up points by first making an allocation of gates to each point.
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Facility location planning
The document discusses facility location for Jubilant Life Sciences, which has five existing plants. It evaluates the optimal location for a new facility using the median and center of gravity methods. The median method identifies coordinates of (24.2, 76.14) with a minimum transportation cost of Rs. 51157.4. The center of gravity method finds coordinates of (22.25, 76.58) but with a higher transportation cost of Rs. 51952. Therefore, the median method provides the best location for the new facility.
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The document provides an overview of operations management. It discusses what operations management is, its key functions like production and operations, and why studying it is important. It also summarizes some of the main areas operations management covers such as process design, quality management, forecasting, and product design.
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Operations management involves planning, organizing, and controlling the processes that convert inputs into finished goods and services. It includes scheduling work, assigning resources, managing inventories, assessing quality, and making process decisions. The overall goal is to optimize productivity and efficiency. Operations management covers a wide range of activities from determining facility locations to implementing quality control systems and supply chain management. It aims to produce the desired outputs while meeting organizational goals like effectiveness, efficiency, and adaptability.
Chapter 1 - OM (Stevenson).pptx
Operations management involves managing the processes that transform inputs into outputs to create goods and services. It encompasses functions like production planning, inventory control, and quality assurance. The chapter introduces operations management and discusses key topics like:
- The differences between manufacturing and service operations
- The role of the operations manager in decisions about system design and operation
- Using models, metrics, and other quantitative and qualitative approaches in decision-making
- Considering trade-offs, priorities, and ethics in operations management.
The evolution of the field is summarized, from the Industrial Revolution to more modern approaches like scientific management, human relations, and management science models.
Pengantar manajemen produksi (pertemuan 1)
This document discusses production management and operations management. It defines production management as the process of planning, organizing, directing and controlling production activities to transform inputs into valuable outputs according to company policies. The objectives of production management are to produce quality products in the right quantities, on time, and at the minimum cost. Operations management involves planning, organizing, and controlling the conversion process. Models are used to help operations managers make decisions and solve problems related to capacity, production scheduling, and facility location.
Operations Management
Hello Everyone
The concept of Operations Management applies to all industries. Through this presentation, I\'ve tried to publish a small piece of information on this topic. Kindly go through it and let me know your inputs or suggestions.
Regards
Nilesh Bhanushali
manajemen operasi.pptx
Operational management aims to regulate all company activities to run effectively and efficiently. It involves planning, organizing, leading, and controlling various resources like raw materials, workers, machinery to transform inputs into outputs. The objectives of operational management include improving efficiency, productivity, quality and reducing costs and processing time. It is an important management system that must exist in all organizations to help achieve goals and produce goods and services that meet consumer needs.
Operations Management
Operations management refers to managing the processes involved in the production of goods and services. It aims to ensure business operations are efficient and effective. Key priorities for operations management include high quality, low cost, quick response times, adaptability, reliability, and high service levels. Operations management seeks to provide an operational-based competitive advantage through areas like adaptability, reliability, and service delivery. It uses models like the transformation model to conceptualize operations as processes that transform inputs into outputs.
Unit-1 Operations management notes - MBA
The document provides an overview of operations management. It discusses key topics including the scope and significance of operations management, the role of operations managers, and productivity factors. Operations management involves planning, organizing, and controlling activities related to converting inputs into outputs to satisfy customer demands. It is a broad field that covers activities from facility location to delivery of products and services. The goal of operations management is to continuously enhance business performance and provide customers with improving value.
Lesson 01.pptx
This document provides an overview of operations management concepts through a lesson outline and objectives. It defines operations management as transforming inputs into outputs through processes. Key points include:
1. The transformational model shows how resources are transformed through processes to create goods and services.
2. The scope of operations management involves designing, planning, controlling, and improving transformation systems.
3. Competitive priorities like cost, quality, flexibility influence the operations strategy and how an organization achieves competitive advantage.
4. Operations managers are responsible for efficient resource management, cost control, quality assurance, and developing strategic and operational objectives. Strong leadership, analytical, and communication skills are required.
Operations management
This document discusses operations management. It defines operations management as designing, executing, and controlling a firm's operations to convert resources into goods and services while implementing business strategy. The key aspects of operations management covered are the management process, types of operations including manufacturing, supply, transport, and services. It also discusses the role of operations managers, value chains, the focus of operations management on achieving organizational goals, and its links to other business functions such as finance, marketing, accounting, design, human resources, and information systems.
Introduction to production and operations management
This document provides an overview of production and operations management. It defines key terms like management, operations, and value-added. It describes the inputs, transformation processes, and outputs involved in operations. It also lists some examples of goods-oriented and service-oriented operations. Additionally, it discusses why organizations need operations managers and the responsibilities of operations management like planning, organizing, staffing, controlling, and directing activities. Finally, it covers some of the critical decisions operations managers must make regarding design, quality, processes, capacity, location, and other strategic issues.
Pm4 f
This document provides an overview of various techniques for controlling organizational activities and performance. It discusses personal observation, budgeting including types of budgets, zero-base budgeting, break-even analysis, financial statements, statistical data and reports, management information systems, management audit, PERT/CPM techniques, economic value added, and market value added. The techniques help managers monitor and correct deviations from plans to achieve organizational goals efficiently.
Basics of operations management
Operations management involves planning, organizing, and supervising processes, and make necessary improvements for higher profitability.
Module1 ombyss
This document provides an overview of operations management. It defines operations management and discusses key concepts like the production system, transformation process, and differences between products and services. The document also covers the historical development and current issues in operations management, as well as operations strategy in manufacturing and services. It discusses functions of the operations management department like materials selection, methods, machines/equipment selection, estimating, loading/scheduling, routing, dispatching, expediting, inspection, and evaluation.
General method of teaching: Major areas of business education.
General Management involves overseeing all functions of a business unit including operations, strategy, finance, marketing and talent management. A General Manager is responsible for the profit and loss of their business unit. They communicate strategy, evaluate investments, oversee hiring and ensure delivery of products and services to customers. Accounting involves systematically recording financial transactions, preparing financial statements and ensuring compliance with tax and auditing standards. Finance studies capital markets and how to effectively acquire and allocate funds for business goals. Operations management plans and oversees processes to transform inputs into outputs efficiently for higher profitability. Supply chain management coordinates activities from supplier to customer to transform resources into finished goods for delivery.
ISBR_EB_OM_M1.pptx
This document provides information about an executive PGDM course in operations management. It outlines the course outcomes, modules, topics to be covered, books recommended, and functional areas of management. The first module introduces key concepts like the importance and functions of operations, relationships between operations and other functions, and different production systems. It also discusses the differences between manufacturing and service operations, and defines productivity and productivity measurement.
Performance mnagement introduction
This document discusses enterprise performance management. It provides details about the course code, type, credits, books, and chapters to be studied. Performance management is defined as systematically evaluating employee and organizational performance against goals. It is important for implementing business strategies, motivating employees, and improving organizational effectiveness. The key steps in performance management include setting goals, measuring and monitoring performance, providing feedback, and evaluating performance. Performance management is important for human resource planning, recruitment, compensation, and developing employees.
Product and Operation Management
This Presentation includes Introduction of Product and Operation Management, Terminologies which are commonly used in Product development, and Type of Operation Management, This presentation is good for BBA and MBA
Reference Book: Operations Management Seventh Edition, William J. Stevenson
1. INTRODUCTION TO OPERATIONS MANAGEMENT.pptx
The document provides an overview of operations management. It discusses the three major business functions of marketing, operations, and finance. It defines operations management as the management of systems or processes that create goods and/or provide services. Key aspects of operations management discussed include value-added, process management, supply chain management, variations in processes, and quantitative and qualitative decision-making approaches. The document also outlines how operations management has evolved with developments like e-commerce, Six Sigma, agility, and lean systems.
PRINCIPLES OF MANAGEMENT.pptx
The document discusses the P-O-L-C framework for management functions including planning, organizing, leading, and controlling. It then discusses the economic, social, and environmental performance of organizations. Planning involves setting goals and strategies. Organizing includes structuring roles and allocating resources. Leading focuses on influencing others. Controlling monitors performance against standards. High economic performance satisfies investors through profits. Social performance considers stakeholders like employees and communities. Environmental performance addresses impacts on the environment. Integrating these areas of performance can build up all aspects of the business.
Management control-system - ankit keshari
The document discusses management control systems and various related topics. It defines management control systems as processes that evaluate, monitor, and control organizational sub-units to effectively allocate resources and achieve goals. It then describes characteristics of control systems, functions of management control, types of responsibility centers (revenue, expense, profit, investment centers), auditing, transfer pricing, and budgeting.
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Introduction to production and operations management
Introduction to production and operations management
General method of teaching: Major areas of business education.
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Operations management
- 2. OPERATIONS MANAGEMENT • The business function responsible for planning, coordinating, and controlling the resources needed to produce products and services for a company. Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. Operations management is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.
- 3. OPERATIONS MANAGEMENT • Managing various operations involved in production of goods and services • For the production of goods and services there are various operations that are associated with them . • Goods- IMC, Manufacturing management, PPC, QC/QA, Dispatching, Distribution etc. • Services- Marketing, DBMS, IS, HRM etc.
- 4. Importance of OPERATIONS MANAGEMENT • Cost leadership • Good/ service differentiation • Goods and/or services in different industrie • Interdependence with other key business functions
- 5. Role of operation managers • An operations manager typically ensures smooth operation of various processes that contribute to the production of goods and services of an organization. The role of an operations manager is very wide and encompasses many operational areas. While other employees can focus on a specialized area of operation (for example, finance and systems support), an operations manager typically wears multiple hats and does a bit of just about everything. • The role of an operations manager has become a lot wider ever since globalization has brought in intense competition among the organizations and the manager is required to execute responsibilities hitherto beyond the scope of regular job description.
- 6. Function’s • Logistics management: • Budget management: • Operational strategizing • Manage support services • Managing third party relations