What Is The Importance Of Production And Operation Management?

6 Answers

Liam Sheasby Profile
Liam Sheasby answered
Production and Operations Management involves managing the transformation to create products or services. This is important as it keeps the business fresh and allows for new products and services to be created.

The operations manager is responsible for ensuring that the business remains effective by creating new products and services that will meet the customers' needs. Cost, quality and delivery are all needs that the customer will be interested in. The operations manager will have some responsibility in deciding what processes should be used to produce the product. Choices they may face include technology, process flow and job design. The quality of the product or service is important and should be continuously improved.

The scheduling of tasks and jobs to ensure that the needed capacity is achieved is another responsibility the operations manager will need to take on. They will also manage the inventory by deciding what to order, when to order it and how much to order. The movement of the products will also be important in this role.

Product management is also important because those in question will be aware of what is needed, by whom it is needed and how to market the product. They will also know what market the items should be focused on. Workers need a plan to make them aware what is needed, and when it is needed, and this is another role of the production management team. Although a product manager must oversee the entire lifecycle of a particular product, they must also recognise that their main focus should be on driving forward new product development.
Ellie Hoe Profile
Ellie Hoe answered
Operations Management is an important field in business which comprises all the aspects of production, efficiency and production related processes. The practices and theories involved in Production and Operations Management equally apply to service sector as well. The important part of Operations Management include forecasting, identifying bottlenecks in operations, increasing efficiency of business by using various tools such as PERT/CPM, statistical analysis such as moving averages, exponential smoothing method, Mean Absolute Deviation (MAD) etc. Material Resource Planning (MRP) is an important part of Operations Management for creating bill of materials and identifying the needs for units of production. Inventory management, time management, production plans, layout strategies are important aspects which lead to higher efficiency and cost effectiveness.
Anonymous Profile
Anonymous answered
Production management is the sub branch of stagecraft and its scope is limited to the study of production processes, visions of producers and studying the technical constraints in the production process. Unlike operation management, it only deals with the production processes and it also deals with the logistics, labor relations, customs coordination to increase its scope.
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