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Introduction of Operation Management - Coggle Diagram
Introduction of Operation Management
What is Operation Management ?
The design, operation and control of the transformation process that converts resources into finished goods/services
Refer to the business function that combines inputs to produce outputs
Every organization is a producer of something
inputs
operations management is a transformation process
output
Why is it important ?
it is encompasses services
important in effectively and efficiently
managing productivity
plays a strategize role
businesses need to combine human, physical and financial to make operation process
What is productivity ?
Capital intensive (machinery)
when an organization relies mare on machinery and equipment to produce its output, rather than labour
Labour intensive (workforce)
an organization relies more on laborer to produce its output, rather than machiery or capital equipment'
e,g tailor, consulation,bakery, makeup artist
Measure of a firms efficiency level in terms of how well things are done within the organization
Productivity can be increased by opting for labour-intensive production or capital intensive production
The role of OM
production process
research developmenmt
standard control (TQM)
Lean production
Crisis management
Ecological sustainability
a capacity of ecosystem to maintain their essential functions & processes and retain their biodiversity in full measure over the long term
the capacity of the natural environment to meet the needs of current generation without jeopardizing the ability of future genrations to meet their needs
a lack of eco sustainability, production can deplete the earth
require om to consider more environmentally friendly practices
reducing waste at all levels of organization
using less energy and sourcing energy from renewable sources'
reducing water use and recycling water
Social sustainability
the ability of community to develop processes and structures which not only meet the needs pf its current members but also support the ability of future generations to maintain healthy community
enables society to optimize the quality of life for people and their descendents
designing production systems that are safe and healthy for employees
designing work and workplaces to allow for social interaction
creating jobs in low-income area or deprived area
reducing the negative impact of production on communities cutting harmful pollution
Economic sustainability