Introduction to Operations Management
What do you expect from your bank when going to open a new
What do you expect from the postoffice when you are receiving
an urgent notification?
What do you expect when you go out for
dinner to your favorite
7 Wastes Of Lean
The 7 wastes are at the root of all unprofitable
activity within your organization.
The 7 wastes consist of:
Corrections are and time you
Operations Management - VI
Operations management of
- manufacturing company structure
- business processes related to manufacturing
What is Production & Operations
Production is the creation of goods
Operations Management - III
Just to remember
What operations management is
Arranging the layout to gives smooth and
effective flow of customers/materials (called
Designing stylish products efficiently (called
Operations Management - IV
The network perspective
All businesses are both customers for some other
businesses products and services and suppliers of
products and services to their own customers
(often businesses themselves).
It would be extremely limited
Operations Management - II
What is operations management?
(Slack, Operations management)
Operations management is the activity of managing the
resources which produce and deliver products and services.
The operations function is the part of th
Operational risk (OpRisk) has been defined as the risk of
loss resulting from inadequate or failed internal
processes, people and systems or from external events.
Management of Operational Risk means and includes