Introduction To Operation Management
The business function responsible for planning, coordinating, and controlling the resources needed to produce products and services for a company.
Operations Management is:
A management function,
An organisation’s core function, and
In every organisation whether service or manufacturing, profit or non-profit.
What is the Role of OM?
OM Transforms inputs to outputs.
Inputs are resources such as: People, Material, and Money
Outputs are goods and services
OM’s Transformation Role.
To add value.
Increase product value at each stage.
Value added is the net increase between output product value and input material value.
Provide an efficient transformation.
Efficiency – means performing activities well at the minimum cost.
You are required to give your own opinion based on all the journal articles or books regarding operation management for the following tasks:
i)Definition of Operation Management.
ii)Literature review on how Operation Management operate.
iii)Discuss the suitable time to implement the Operation Management.
Conclusion.
Introduction To Organisation And Operations Strategy
What is Organisation and Operations Strategy?
You are required to review all the journal articles or books about Organisation and Operations Strategy for the following tasks:
i)Definition of Organisation and Operations Strategy.
ii)Describe the concept and philosophy of Organisation and Operations Strategy.
iii)Discuss the specific method and tools in Organisation and Operations Strategy.
iv)Conclusion.
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