Operations & Supply Chain Management focuses on optimizing business processes, production, and distribution to ensure efficiency and customer satisfaction. It plays a crucial role in delivering products and services effectively.
1. Production & Operations Management
- Deals with planning, organizing, and supervising production processes.
- Ensures efficient use of resources, reducing waste and costs.
- Involves process improvement techniques like Lean and Six Sigma.
- Manages the flow of goods, services, and information from suppliers to customers.
- Includes inventory management, procurement, warehousing, and transportation.
- Aims to minimize delays, reduce costs, and improve overall efficiency.
- Ensures products and services meet customer expectations and regulatory standards.
- Uses quality control techniques like Total Quality Management (TQM) and ISO standards.
- Helps businesses maintain a strong reputation and customer trust.