Operation Management (PowerPoint PPTX)

BENEFITS OF DOCUMENT

1. Provides of Factors Affecting Operation Management Today
2. Provides of Operation Management as A System
3. Provides of Production as an Organization Function

DESCRIPTION

This product (Operation Management) is a 29-slide PPT PowerPoint presentation (PPTX), which you can download immediately upon purchase.

OPERATION MANAGEMENT

Lecture Outline
1. Historical Milestones in Operation Management
2. Factors Affecting Operation Management Today
3. Operation Management as A System
4. Production as an Organization Function
5. What Controls the Operations System?
6. Wrap-Up: What World-Class Producers Do Quality Tools

Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization. Operations management teams attempt to balance costs with revenue to achieve the highest net operating profit possible.

Operations management involves utilizing resources from staff, materials, equipment, and technology. Operations managers acquire, develop, and deliver goods to clients based on client needs and the abilities of the company.

Operations management handles various strategic issues, including determining the size of manufacturing plants and project management methods and implementing the structure of information technology networks. Other operational issues include the management of inventory levels, including work-in-process levels and raw materials acquisition, quality control, materials handling, and maintenance policies.

Source: Best Practices in Operational Excellence PowerPoint Slides: Operation Management PowerPoint (PPTX) Presentation, UJ Consulting