Operations management is a district of management involved with planning and dominant the method of production and redesigning business operations within the production of products or services.It is involved with managing a complete production system that is the method converts inputs (in the kinds of raw materials, labor, and energy) into outputs (in the shape of products and/or services), as an quality or delivers a product or services.
OBJECTIVES OF OPERATIONS MANAGEMENT
- Ensuring that product and services made adjust to pre-set quality specifications.
- Minimizing price of manufacturing product or rendering a service.
- Minimizing throughput-time- the time that elapses within the conversion process- by reducing delays, waiting time and idle time.
- Maximizing utilization of hands, machines, etc
- Producing the proper quite merchandise and services that satisfy customers’ want
- Maximizing output of products and services with minimum resource inputs.
ELEMENTS OF OPERATIONS MANAGEMENT
- Product selection and design.
- Facilities (Plant) location.
- Facilities (Plant) layout and materials handling.
- Process selection and planning.
- Capacity Planning.
- Inventory control.
- Quality assurance and control.
- Work-study and job design
RESPONSIBILITIES OF OPERATIONS MANAGEMENT
Operations management handles numerous strategic problems as well as determinate the dimensions of producing plants and project management strategies and implementing the structure of knowledge technology networks. alternative operational problems embrace the management of inventory levels, as well as work-in-process levels and raw materials acquisition; quality control; materials handling; and maintenance policies.
Operations management understands native and world trends, client demand and also the accessible resources for production. Operations management approaches the acquisition of materials and use of labor during a timely, efficient manner to deliver client expectations. Inventory levels area unit monitored to make sure excessive quantities area unit accessible
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