Operations Management and Use of PERT Techniques in Managing Projects

1184 Words5 Pages
Operations Management Operations management refers to a management area which involves control and design of the process of production, as well as business operations in the production of goods and services (Shim & Siegel, 2009). It ensures efficiency in business operations through use of few resources as required. In addition, it ensures that the business operations are effective through meeting the requirements of the customers. Operation management has the responsibility of managing the process, which converts inputs such as raw materials into outputs (Shim & Siegel, 2009). Operations management is an important part of any organization. First, it improves the productivity of the organization which significantly improves the financial health of the organization. On this, it involves efficient determination of the ratio between outputs and inputs. Productivity can take various forms such as nominal productivity, theoretical productivity, mix productivity, raw material productivity, workforce productivity, warehouse productivity (Shim & Siegel, 2009). Secondly, operations management helps the organization in meeting competitive priorities of the customers. Lastly, operations management helps to design the configuration of the production systems in the organizations. On this, it involves taking into proper consideration both technological and organizational aspects (Shim & Siegel, 2009). From the basics above, it is true that knowledge of operations management is more
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