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Session-1 - OM - Coggle Diagram
Session-1 - OM
Goods/Services
Tangible/intangible
inventory
Consistency
Standardized
Produced at fixed place
residual
evalaution
challenges
Globalization
Sustainability
Outsourcing
IT
Demanding customer
Cost and Process imporvement
Key Aspects
Planning, Scheduling
Level of delivered Experience
Optimization of Processes
Quality control over entire value chain
Applies to Finance and Marketing
Evolution
Till 70s - Production Management
Optimize cost
Increase production
Reduce inventory
Increase efficiency
70-90 Operations Management
Optimize production
Optimize distribution
90-00 - Operation and Process Control
Optimize all business functions
00- now - Operations and supply chain mgmt
Integrate all planning
Integrate supply chain
Roles
Demand Planner
Supply Planner
Production Planner
Logistics Planner
10 OM Decisions
SPILLS DHAMM