Thinkubate Operations Course
Operations Management is the successful process of transforming inputs such as labour, capital, equipment, land, buildings, materials, and information into goods and services that add value to the customer.
The benefits of effective operations management include:
Operations Management is applied to both physical product manufacturing and to intangible services delivered to the customer.
Operations Management describes the processes to plan, control and supervise production processes and service delivery. It is the centre of the organisation, the catalyst, the glue that keeps the whole business running like a well-oiled clock. As the business grows, its leadership team will have to introduce formal processes to keep it effective and efficient. The operations have to be streamlined, executed professionally and monitored to maintain quality and productivity standards.
The Operations Manager is responsible for developing processes and ensuring they are followed, analysed, and adjusted where necessary. The Operations function is also responsible for making sure all the other departments and cogs in the organisation work together to achieve their individual goals and the goals of the whole organisation. They need to allocate human resources to production to achieve the productivity goals of the business.
Clear and concise operations management is needed for the organisation to grow efficiently and to contribute effectively to the profits of the business.