Operations Management (OM)
Introduction Operation Management is about how organizations produce goods and services shirt, burger, books, computers etc
Operations of Otobi store layout (process design) product design locating stores /certain size (supply network design) delivery of products to stores (supply chain management)
What is Operations Management? the activity of managing the resources which produce and deliver products and services operations function Operation manager- manages the operations function (part or whole)
Operations management is important in all types of organization
Operation management uses....
OM in small organization CP fried chicken Same or different? difficult to separate from other activities or easy?
The input-transformation-output process
Inputs to the process materials information customers
Transforming resources facilities staff
Outputs from the process products service
Operations in terms of processes
OM is relevant to all parts of Business
Characteristics of Operations processes Volume (KFC) Variety (CNG) Variations (Demand, Hotels and resorts) Visibility (how much of the operation is exposed to customers)
Use 4 Vs to set the stage
Formula 1 Hotel
Let’s place these hotel in the picture
What we plan to cover in the course..