Description
Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed, and effective in terms of meeting customer requirements.
What is Operations Management? Operations Management deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want. The purvey of OM ranges from strategic to tactical and operational levels. Representative strategic issues include determining the size and location of manufacturing plants, deciding the structure of service or telecommunications networks, and designing technology supply chains. Tactical issues include plant layout and structure, project management methods, and equipment selection and replacement. Operational issues include production scheduling and control, inventory management, quality control and inspection, traffic and materials handling, and equipment maintenance policies.
16 principles of Operations Management? 1. Know Customer 2. Continual Rapid Improvement 3. Unified Purpose 4. Know the Competition 5. Focus 6. Organise Resources 7. Invest in Human Resources 8. Maintain Equipment 9. Simple "Best" Equipment 10. Poka Zoka 11. Cut Flow Time 12. Cut Set-up 13. Pull System 14. Total Quality Control 15. Fix Causes 16. Visibility Management
doc_316235888.docx
Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed, and effective in terms of meeting customer requirements.
What is Operations Management? Operations Management deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want. The purvey of OM ranges from strategic to tactical and operational levels. Representative strategic issues include determining the size and location of manufacturing plants, deciding the structure of service or telecommunications networks, and designing technology supply chains. Tactical issues include plant layout and structure, project management methods, and equipment selection and replacement. Operational issues include production scheduling and control, inventory management, quality control and inspection, traffic and materials handling, and equipment maintenance policies.
16 principles of Operations Management? 1. Know Customer 2. Continual Rapid Improvement 3. Unified Purpose 4. Know the Competition 5. Focus 6. Organise Resources 7. Invest in Human Resources 8. Maintain Equipment 9. Simple "Best" Equipment 10. Poka Zoka 11. Cut Flow Time 12. Cut Set-up 13. Pull System 14. Total Quality Control 15. Fix Causes 16. Visibility Management
doc_316235888.docx