Operations management can then be defined by the management of all processes related to the production of items. Some of the functions are: planning and implementing manufacturing plants, managing projects, planning information systems, helping to design and develop products and services, managing inventory through the supply chain, managing delivery to customers in a timely manner, optimizing quality control, conducting procurement/purchasing, managing logistics, managing transportation and distribution, managing and maintaining facilities, conducting enterprise resource planning (ERP), forecasting for planning, planning for capacity, navigating industrial labor relations, analyzing the value chain, optimizing resource usage, eliminating waste and bottlenecks, continuously improving processes, executing a company’s strategic plan etc.

Saranya R Kurup

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