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Operations Management :?:

 
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Operations Management :?:
shsaeed
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#2
09-09-2007, 10:21 PM
<b>Operations management</b> is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. It is also the management of resources, the distribution of goods and services to customers, and the analysis of queue systems.

Operations also refers to the production of goods and services, the set of value-added activities that transform inputs into many outputs. Fundamentally, these value-adding creative activities should be aligned with market opportunity for optimal enterprise performance.


<b>Origins</b>
Historically, the body of knowledge stemming from industrial engineering formed the basis of the first MBA programs, and is central to operations management as used across diverse business sectors, industry, consulting and non-profit organizations. what is operations strategy?


<b>Operations Management Planning Criteria</b>

<b>Control</b> by creating and maintaining a positive flow of work by utilizing what resources and facilities are available

<b>Lead</b> by developing and cascading the organizations strategy/mission statement to all staff

<b>Organize</b> resources such as facilities and employees so as to ensure effective production of goods and services

<b>Plan</b> by prioritizing customer, employee and organizational requirements

<b>Maintaining</b> and monitoring staffing, levels, Knowledge-Skill-Attitude (KSA), expectations and motivation to fulfill organizational requirements

<b>Performance Measures</b> for the measurement of performance and consideration of efficiency versus effectiveness

Hope You Now Understand

Sheikh Asim Saeed
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Messages In This Thread
Operations Management :?: - by Sahar_M - 09-09-2007, 05:46 PM
[No subject] - by shsaeed - 09-09-2007, 10:21 PM
[No subject] - by Sahar_M - 09-10-2007, 06:55 PM
[No subject] - by shsaeed - 09-11-2007, 04:49 PM
[No subject] - by Sahar_M - 09-12-2007, 02:08 AM
[No subject] - by shsaeed - 09-12-2007, 03:24 AM
[No subject] - by Sahar_M - 09-16-2007, 11:55 PM

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