Absolute Essentials of Operations Management

Operations management is the process of planning, forecasting, scheduling, and inventory management to ensure the efficient and effective operation of a business. It is a critical function for any organization that wants to achieve success. By optimizing operations, businesses can improve productivity, reduce costs, and increase customer satisfaction.

Absolute Essentials of Operations Management (Absolute Essentials of Business and Economics)

by Maribeth Kuzmeski

4 out of 5

Language	:	English
File size	:	2285 KB
Screen Reader	:	Supported
Print length	:	124 pages
Hardcover	:	338 pages
Item Weight	:	1.12 pounds
Dimensions	:	5.83 x 0.81 x 8.27 inches
Paperback	:	148 pages

FREE

Planning and Forecasting

The first step in operations management is planning and forecasting. This involves identifying the goals of the organization and developing a plan to achieve them. It also involves forecasting demand for products and services, so that the organization can have the right resources in place to meet customer needs.

Scheduling

Scheduling is the process of assigning tasks to resources and setting deadlines for their completion. It is important to schedule tasks efficiently in order to avoid bottlenecks and delays. There are a variety of scheduling techniques that can be used, depending on the specific needs of the organization.

Inventory Management

Inventory management is the process of controlling the flow of goods through the organization. This involves managing the levels of inventory, so that the organization has enough stock to meet customer demand without overstocking. There are a variety of inventory management techniques that can be used, depending on the specific needs of the organization.

Lean Manufacturing

Lean manufacturing is a philosophy that focuses on eliminating waste and improving efficiency. It involves a variety of techniques, such as just-in-time production, kanban, and kaizen. Lean manufacturing can help organizations to improve productivity, reduce costs, and increase customer satisfaction.

Kaizen

Kaizen is a Japanese word that means "continuous improvement." It is a philosophy that encourages organizations to constantly strive to improve their processes. Kaizen can be applied to any aspect of operations, from planning and forecasting to scheduling and inventory management. By implementing kaizen, organizations can achieve significant improvements in productivity, efficiency, and customer satisfaction.

Six Sigma

Six Sigma is a statistical quality control method that aims to eliminate defects and errors from processes. It is a data-driven approach that uses statistical analysis to identify and eliminate the root causes of problems. Six Sigma can be applied to any aspect of operations, from planning and forecasting to scheduling and inventory management. By implementing Six Sigma, organizations can achieve significant improvements in quality, productivity, and efficiency.

Operations management is a critical function for any organization that wants to achieve success. By optimizing operations, businesses can improve productivity, reduce costs, and increase customer satisfaction. The absolute essentials of operations management include planning and forecasting, scheduling, inventory management, lean manufacturing, kaizen, and Six Sigma. By implementing these principles, organizations can achieve significant improvements in their performance.

Absolute Essentials of Operations Management (Absolute Essentials of Business and Economics)

by Maribeth Kuzmeski

4 out of 5

Language	:	English
File size	:	2285 KB
Screen Reader	:	Supported
Print length	:	124 pages
Hardcover	:	338 pages
Item Weight	:	1.12 pounds
Dimensions	:	5.83 x 0.81 x 8.27 inches
Paperback	:	148 pages

FREE