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Operations Management - Definition

Operations Management concerns with the design and management of products, services, processes and supply chains. It takes the consideration of the acquisition, utilization and development of resources that firms require to distribute the goods and services as per their clients need.

The survey of OM starts from strategic to tactical and operational areas. Representative strategic issues comprises of finding out the size and location of manufacturing plants, choosing the structure of service or telecommunications networks, and constructing technology supply chains.

Tactical issues comprises of project management techniques, plant layout and structure, and equipment selection and replacement. Operational issues comprises of production scheduling and control, quality control and examination, inventory management, traffic and materials handling, and equipment maintenance policies.

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