Operation management is a part of management that involves control and design of the production process. Operation management concentrates on the careful management of the processes to distribute and produce services and products. The set of activities associated with Operations management is development, product creation, distribution, and production. Operations management also deals with aspects of service and product management. Inventory control, management of purchases, quality control, logistics, evaluation of processes and storage are the few other activities which are related to Operations Management.
According to operation management experts, it is imperative that business operations are effective in utilizing the available resources to meet the requirements of customers. Therefore, it is necessary that processes which transform inputs i.e. labor, energy and raw materials to output are efficiently managed. Operations management also touches upon the necessary measurement analysis of internal processes.
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The following are some of the key features of operations management:
It is the core function of the organizations.
It can be found in every organization regardless whether it is a Manufacturing, Service or a Non- profit organization.
Majority of businesses are supported by the functions of marketing, finance, and operations.
The operation management has two major objectives which are interrelated. These objectives are ‘Resource utilization’ and ‘Customer service’.
The customer service is the major objective of any company; because regardless of all the strategies and marketing the purpose of the whole organization would crumble if the customer is not satisfied with the product or service. Operation management ensures that all the needs and expectations of the customers are met, and in doing that the company also ensures its resources are efficiently utilized.
If the resources are not utilized carefully, then there is a possibility that the cost of production would increase thereby reducing the overall profit margin. Both of the objectives have to be met in a novel way so that the company may enjoy some benefits from it.
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Organizations have to consistently deal with the challenges to produce quality goods and services demanded in specific time frame. Such challenges pose some issues for Operations Management. Some of these key issues include:
This starts with product development. It involves determination of the features and characteristics of the service or product that needs to be sold. It should start with assessing the needs of customers and later develop into a product design that is well detailed. Product design is an important task because it assists in determining the features and characteristics of the product alongside how the product works. The product cost and quality alongside its performance and features determine the cost and quality of the product.
Once the development and design of the manufacturing system of a product are carried out, it needs to be implemented. If the system design function is done appropriately, it will have brought about a plan for implementation which will direct the activities during the implementation process.
To run a production system which is efficient, it needs a lot of planning. Long-range decisions could also include a number of facilities required to meet customer needs or study the way technological change may have an effect on the methods utilized in the production of goods and services
Long term planning may have to do with the size of the workforce, development of training programs and working with suppliers to ensure the improvement of product quality and delivery systems. Short-term scheduling has to do with equipment to be used as well as materials to be consumed among others.
Management of the system has to do with working with people so as to improve organizational performance and encourage participation. Teamwork and participation are a crucial part of successful operations alongside training, culture, and leadership.
Management of materials deals with decisions that have to do with the control, handling, and distribution of materials among others. It is becoming increasingly popular because, in a lot of organizations, the cost of materials which are purchased make up more than 50 percent of the total cost of production.
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Popular topics for which students ask for operations management assignment and project help are:
|Inventory Management||Managing quality|
|Materials Management||Factory and warehouse management|
|Revenue Management||Production control|
|Capacity Planning and Control||Six Sigma|
|Queuing||Supply chain management|
|Quality tools and techniques||Linear Programming model|
|Process Improvement||Strategic sourcing|
|Project Management||Total Quality Management (TQM)|
|Business Continuity Planning||Enterprise Resource Planning (ERP)|
|Operations Strategy||Statistical Process Control (SPC)|
|Lean production||Value creation|
|Just In time (JIT) productions||Scheduling and Planning|
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