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What is Operations Management? | Making the world run 3 года назад


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What is Operations Management? | Making the world run

👉 Free Ops Mini Course: https://hub.rowtonstraining.com/forgo... 👉 Propel Your Ops Career - Free e-Book: https://hub.rowtonstraining.com/prope... ------------------------------------------------------------------------- Operations Management is the design, operation, and improvement of the systems that create and deliver the firm’s primary products and services in the most efficient and effective way. It’s the discipline of managing an organization’s operations (which are the core, daily activities that create value; typically, in order to earn a profit). Operations is one of the primary functions of a business, alongside the likes of marketing or finance. What are examples of Business Operations? They can range from a stone mine digging up rocks, an airline transporting people, a restaurant cooking and serving customers or a digital marketing agency doing its graphic. The operations are the core activities of those businesses - the systems that transform inputs into higher value outputs. Operations Management is a broad and deep discipline. It is built on a huge body of established wisdom but is a highly practical field of business – working at the sharp end - getting things done! Operations Management can be broken down into several core areas: • Coordinating Resources – Getting what is needed where, and when • Forecasting Demand – Making informed predictions on future demand for your products/ services • Capacity Planning – Building capabilities to be able to meeting a certain demand in a certain time frame • Demand Management – Actively managing the demand placed upon your operations, typically to smooth them over time • Scheduling – Allocating which jobs get done in which order • Resource Requirements Planning – Which resources should be allocated to each job (human, capital, inventory, energy, etc) • Systems Design – Designing the overall systems of processes that form your operations • Operations Strategy - setting the guiding principles for approach and decision making • Performance Management – defining objectives, effectively measuring performance and improving ------------------------------------------------------------------------- 💻💡 Membership, Accelerator Program and Self-Study Courses 🚀💯 https://hub.rowtonstraining.com/ ------------------------------------------------------------------------- Free Resources: 𝐅𝐑𝐄𝐄 𝐌𝐢𝐧𝐢 𝐕𝐢𝐝𝐞𝐨 𝐂𝐨𝐮𝐫𝐬𝐞 - 𝐓𝐡𝐞 𝐅𝐨𝐫𝐠𝐨𝐭𝐭𝐞𝐧 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥𝐬 𝐨𝐟 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 📚 https://hub.rowtonstraining.com/forgo... 𝐅𝐑𝐄𝐄 𝐄-𝐁𝐎𝐎𝐊- 𝟏𝟎 𝐬𝐭𝐞𝐩𝐬 𝐭𝐨 𝐏𝐫𝐨𝐩𝐞𝐥 𝐲𝐨𝐮𝐫 𝐂𝐚𝐫𝐞𝐞𝐫 𝐢𝐧 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 📚 https://hub.rowtonstraining.com/prope... ------------------------------------------------------------------------- 👨‍🏫 Our MBA style business school courses cover the business school fundamentals of Operations Management, Supply Chain, Inventory, Logistics, Lean Manufacturing and more! 💪Join the tens-of-thousands of professionals who have already studied with us and you too can turbo-charge your career and your business!🔥 #operationsmanagement #businessessentials #businessperformance #manufacturingbusiness #productionmanagement #supplychainmangement #businessoperations #businessconsultant #onlinetraining #businessefficiency #operationsmanagers #businessstrategy #businessgrowth #careerdevelopment

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