Why is the operations function important in implementing the strategy of an organization?
Show
Operation management means the administration of business activities for attaining higher efficiency. It is a process of planning, organizing, and supervising the operations of the business for better productivity. Operation management aims at reducing the cost to business by avoiding any wastage of resources. Functions of Operations ManagementFunctions of Operations Management
Importance of Operations Management
Scope of Operations ManagementScope of Operations Management
Nature of Operation ManagementNature of Operation Management
ConclusionManaging each and every aspect of organisation operations efficiently is key role of operation management. It focuses on raising the profit of organisations by maintain a proper balance between cost and revenue. This process ensures that all resources like raw materials and labours are efficiently utilised by organisation for production of its goods or services. Operation management monitors and controls the entire production system of organisations. Operation managers are responsible for fulfilling all requirements of customers by delivering them products as per their needs. They take all crucial decisions relating to production process like product and process design, production planning, inventory control, quality control, capacity etc. All these decisions are taken by them by doing research and analysing properly the prevailing situations. They work towards strengthening and enhancing the production system to minimize the wastage and maximize the output. The whole activities of operational management revolve around the conversion of inputs into outputs that is various products that every organisation manufactures. Operations Management: Functions, Importance, Scope, Nature : PDFWhat is the most important function in operations management?Strategy
Planning, organizing, and strategizing the daily operations and routine is the primary function of operations management. A well-planned implemented strategy can help in meeting the deadlines and production goals of an organization.
How can the operations function contribute to the success of the Organisation?Operations management helps companies plan every single aspect of the business including capacity planning, productivity analysis and improvement, and quality assurance among others. Owing to this, operations management holds immense influence in how companies can improve performance and their financial bottom line.
What is an operational strategy and why is it important in operations?An operations strategy refers to the system an organization implements to achieve its long-term goals and mission. It involves decisions based on multiple factors, including product management, supply chain, inventory, forecasting, scheduling, quality, and facilities planning and management.
What is the main role of the operations function within the Organisation?Operation function is responsible for producing products and delivering services. But it needs support and input from others areas of the organization.
|