Operations
Management is a business field that is concerned with the production of
goods and services, and involves the responsibility of ensuring that
business operations are efficient and effective. (Wikipedia, 2007). The
process also involves resource management, distribution of products
and/or services to customers as well as careful analysis of the queue
systems.
APICS
The Association for Operations Management defines operations management
as follows; “"the field of study that focuses on the effective
planning, scheduling, use, and control of a manufacturing or service
organization through the study of concepts from design engineering,
industrial engineering, management information systems, quality
management, production management, inventory management, accounting,
and other functions as they affect the organization" (Wikipedia, 2007).
The
focus of Operations Management remains to diligently manage the related
processes in order to produce and distribute products and services. The
major activities involve product creation, development, production and
distribution. (Managementhelp, 2007). Therefore, Operations Management
refers to all operations taking place within the company. The related
activities also include managing purchases, inventory control, quality
control, storage, logistics and evaluations. Since great deal of
emphasis is laid upon the efficiency and efficacy of the processes, an
equally great deal of analysis goes into the analysis of the internal
processes.
Mentioned below are the standards of Operations Management Planning:
- Control:
this is achieved by the creation and maintenance of work-flow by
putting to use the resources and facilities that are available.
- Lead: By the careful development and arrangement
of organizational strategy to the entire staff.
- Organization of resources such as facilities
and employees in order to achieve effective production of goods and services.
- Careful planning by assigning priorities
to customer, employee and organizational requirements.
- Maintaining
and monitoring staffing, levels, Knowledge-Skill-Attitude (KSA),
expectations and motivation to fulfil organizational requirements.
(Wikipedia, 2007).
- Measurement of performance and analysis
of efficiency versus effectiveness.
The
major activities involved in product and service management are similar
to those in operations management. Quality Management is yet another
vital component of Operations Management, which also focuses on
constant improvement. Total Quality Management and Benchmarking are a
few advances which have further fine-tuned the process of Operations
Management. Usually, the Managers are responsible for the important
activities such as quality management and control, capacity planning,
materials management, purchasing and scheduling.
Operations
Management finds a major significance in this era due to increased
foreign competition. The other factors that have exerted pressure on
Operations Management are shorter product and service life-cycles,
better-educated and quality-conscious consumers and the advances in
technology. Therefore, the emphasis is improved productivity and
offering a wide range of goods and services to customers. Managers play
an indispensable and strategic role in the processes of Operational
Management in order to satisfy customer needs as well as maintain a
strong foot-hold amidst soaring competition. |