Introduction to Operation Management

Manufacturing and Service: Relationship, Similarities and Difference

Manufacturing does not just offer products, and service organizations do not just offer services. Both types of organizations normally provide a package of goods and services. Although service provides cannot inventory their outputs, they must inventory the inputs for their products. As for customer contracts, many service operations have little outside customer contracts. Such as…

Operation Management: Definition, Importance, Decisions

Operation management refers to the direction and control of the process that transforms inputs into products and services. Broadly interpreted, operation management underlies all functional areas, because, processes are found in all business activities. Narrowly interpreted, operation refers to a particular department. What is Operation Management? – Why Operation Management is a Systematic Design Direction…