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