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Why operations management is important

Assignment Help Business Management
Reference no: EM132597375

Scenario Visit any service or manufacturing 

Operations management is a business function responsible for planning, coordinating and controlling the resources needed to produce a company's goods or services.

organization of your choice. Keenly observe the existing operations and collect data related to following learning outcomes.

1. Identify the business, the operations and explain why operations management is important for the organization.

2. Study their operations strategy and describe the performance objectives which they have prioritized out of cost; dependability; flexibility; quality and speed. Understand the link between operations management and strategic planning. Further discuss the internal and external benefits of excelling in these performance objectives.

3. Evaluate the approach of the selected organization for selected five operation functions mentioned in below and derive recommendations for improvements.

  • Facility layouts
  • Process selection
  • Inventory management
  • Product design process
  • Process flow chart
  • Linear programming applications
  • Project Management applications

Reference no: EM132597375

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