"Operations refer to activities that businesses engage in on a daily basis to increase the value of the enterprise and earn a profit. Operations management (OM) is the administration of business practices to create the highest level of productivity possible within an organization. . It is concerned with converting materials and labour into goods and services as proficiently as possible to maximize the profit of an organization. In simple terms, it involves planning, organizing, coordinating, and controlling all the resources needed to produce a company's goods and services. Operations management is important in a business organization because it helps effectively manage, control and supervise goods, services and people. The organization might incur hefty losses if the organization’s operations aren’t managed appropriately. It is very critical in achieving the objectives of the business and it also helps in utilizing the resources at optimum level. It also aids in enhancing the productivity of the employees and is crucial for all business. The presentation gives better insight on the importance of operations management."

Saranya R Kurup

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