Management and Operations

   

Added on  2023-03-24

9 Pages437 Words48 Views
TASK3
MANAGEMENT AND
OPERATIONS
Management and Operations_1
Key approaches of operational
management
Business Process Reengineering: It is
considered as a radical approach to
operations management where the idea can
be implemented in better manner through
innovation and creativity.
Lean Manufacturing: It promotes constant
improvement in the processes so that the
waste can be reduced to the minimum and
optimum utilization of resources is initiated.
Management and Operations_2
Six Sigma: It is a data driven approach which
helps in eliminating defects from the
production activities of the business.
Lean production: It is a systematic approach
where it is ensured that the waste from
production and services is reduced to the
minimum.
Management and Operations_3

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