DID YOU KNOW:Production/operations management
Production/operations management is
the process, which combines and transforms various resources used in the
production/operations subsystem of the organization into value added product/services
in a controlled manner as per the policies of the organization. Therefore, it
is that part of an organization, which is concerned with the transformation of
a range of inputs into the required (products/services) having the requisite
quality level.
The set of interrelated management
activities, which are involved in manufacturing certain products, is called as production
management. If the same concept is extended to services management, then
the corresponding set of management activities is called as operations management.
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