Chap001 - Chapter 01 Introduction to the Field CHAPTER 1...

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Chapter 01 - Introduction to the Field CHAPTER 1 INTRODUCTION TO THE FIELD Review and Discussion Questions 1. What is the difference between OSM and OR/MS? Between OM and IE? Operations and Supply Management (OSM) is a synthesis of concepts and techniques that relate directly to production and distribution systems and enhance their management. Operations and Supply Management has a distinct management role that differentiates it from OR and IE. Operations and Supply Managers use the tools of OR in decision making and are concerned with many of the same issues as Industrial Engineers. Operations Research/Management Science (OR/MS) is a branch of applied mathematics, while Industrial Engineering (IE) is an engineering discipline. 2. How would you distinguish OSM from management and organizational behavior as taught at your university? Management and organizational behavior is concerned with the formulation of corporate strategic policy. Operations and Supply Management is concerned with the operations strategy, which specifies how the firm will employ its production and distribution capabilities to support its corporate strategy. 3. Take a look at the want ads in The Wall Street Journal and evaluate the opportunities for an OSM major with several years of experience. The following are some examples of jobs available to OSM graduates with several years of experience from the Wall Street Journal, January 18, 2000.
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