Operations Management Report: Approaches, Factors, and Business Impact

This report provides an overview of operations management, detailing key approaches like Six Sigma, Lean Production, and Total Quality Management. It emphasizes the importance of operations management in achieving business goals, including strategic alignment, supply chain management, and inventory management. The report also examines the influence of various business environment factors, such as economic and technological factors, on operations management and decision-making. The conclusion highlights the role of managers and leaders in implementing these approaches and emphasizes the significance of operations management in the context of a business environment.

Management and operation

TABLE OF CONTENT
 Introduction
 Key approaches of operation management
 Importance and valve of operation management
 Factor of business environment
 Conclusion
 Reference

TABLE OF CONTENT
 Introduction
 Key approaches of operation management
 Importance and valve of operation management
 Factor of business environment
 Conclusion
 Reference

INTRODUCTION
Operation management is an area of
management concerned with designing
and controlling the process of production
and redesigning business operation in the
production of goods and services
(Management & Operations, 2017).

Key approaches of operation management
Approaches provides better system, people, process and technology that help to
determine the wastage of product and also help to control on wastages
resources.
 Six sigma
 Lean production management
 Total quality management

Importance and values of operation
management
 Operation management is important and valuable for achieving business
objectives.
 It the process that involve planning, organizing, managing, controlling and
supervising the production, manufacturing and technology uses.

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 Supply chain management is an important and valuable for operation
management to achieve business goals. It is the strategic decision of
business growth.
 Inventory management also an important for the operation management.
That help to maintaining the optimal inventory ordering and holding by
the customers and employees.

Continue..
 Operations management is important to improve overall productivity of
organization. Ratio of input and output its termed as productivity
(McAdam, Miller and McSorley, 2019).
 It is the management of various business activities that takes place within
the organization. That contribute in making product align with customer
requirement and with uses of technology.

Factors of business environment.
Factors of business environment that direct affect to operation management and
decision making of leaders and managers that are as follows:
 Economic factor
 Technological factor
 Economic factor

CONCLUSION
From the presentation it has been concluded that operation management played an
important role in the organization In that also discussion on role of manager and
leaders in applied six-sigma and total quality of management. Operation
management has the important role to achieve business goals of company. Report
has also covered by the business factors like political, technological and economic
affected to operation management and decisions of leaders and managers.

REFERENCES
Conger, S., 2015. Six sigma and business process management. In Handbook on
Business Process Management 1 (pp. 127-146). Springer, Berlin,
Heidelberg.
Furterer, S.L., 2016. Lean Six Sigma in service: applications and case studies.
CRC press.
McAdam, Miller and McSorley, C., 2019. Towards a contingency theory
perspective of quality management in enabling strategic alignment.
International Journal of Production Economics. 207. pp.195-209.

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