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Operations Management Approaches and Importance

   

Added on  2023-02-02

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MANAGEMENT AND
OPERATIONS
Activity 2
Operations Management Approaches and Importance_1

TABLE OF CONTEXT
ACTIVITY 2
INTRODUCTION
OPERATIONS MANAGEMENT APPROACHES
IMPORTANCE AND VALUE OF OPERATIONS MANAGEMENT
LEADERS AND MANAGER IMPROVE EFFICIENCY OF
OPERATIONAL MANAGEMENT
CONCLUSION
REFERENCE
Operations Management Approaches and Importance_2

INTRODUCTION
Operations management is administration of business practices and functions to create
advanced level of possible efficiency within company.
It is concerned with change labor and materials into services and products as
expeditiously as manageable to increase the profit of organization.
The present presentation will discuss about Operations management approaches like six
sigma and lean management.
Further Importance and value of operations management will also be discussed here
within presentation
Operations Management Approaches and Importance_3

Operations management approaches
Six sigma-
Six sigma is statistical based, disciplined and data driven approach that
continuously improve methodology for eliminating defects in process,
products or service.
Define, analyze, measure, improve and control are the stages of six sigma
process.
This system improve existing procedure that failing below specification which
look for incremental development.
Operations Management Approaches and Importance_4

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