Operations Management Definition
Operations management is the process of overseeing, planning, and controlling the operations of a company. It includes the management of resources, such as raw materials, equipment, and money, to ensure that they are used efficiently and effectively to produce high-quality goods and services. Operations managers work in a variety of industries, including manufacturing, healthcare, transportation, and logistics.
The goal of operations management is to ensure that all company resources are used in an efficient and effective manner. This includes planning for and managing the use of raw materials, equipment, money, and other resources. Operations managers work to improve efficiency by streamlining processes and reducing waste. They also work to improve quality by ensuring that products meet customer expectations. In addition, operations managers must often deal with issues such as employee productivity, supply chain management, inventory control, and process improvement.