OPERATIONS MANAGEMENT

INTRODUCTION TO OPERATIONS
MANAGEMENT

--ANIRUDH M
1 BCOM CMA
 OBJECTIVES
 Increased production using the given resources
 Increased output for a given input
 Good quality products at reduced cost
 Increased production within the given time
 Good quality resources at reduced cost
(eeconomical)
 SCOPE

 Product design and selection

 Process selection and planning
 Location facilities
 Layout and material handing facilities
 Capacity planning
STRATEGIC DEVELOPMENT PROCESS

 Selection of major goals of the firm

 To analyze the opportunities and threats
 Formulate the strategies
 To execute the strategies prepared
 To make an evaluation and control of the mistakes
in the prepared strategy
 OPERATION MANAGEMENT AND
DECISION MAKING

 Models
 Quantitative approach
 Analysis of tradeoffs
 Systems approach
 Establishing priorities
 IMPORTANCE
 Helps to achieve the objectives
 Improves the productivity of employees
 Improves goodwill of the firm
 Able to utilize resources
 Improves the motivation of the employees
 important to business organisation
THANK YOU