The paper “ Principles of Operation Management” is an exciting example of the coursework on management. An operation can be defined as a process, method, or series of acts, especially of a practical nature. This definition covers all human activity of an organized and productive nature; all organizational functions are operations and management activities that involve operations management. The terms production and operations are frequently used interchangeably and there is a widespread view in the industry, commerce, and non-profit organizations that production management is a separate and discrete field. The more traditional model of operations management is that it is concerned primarily with manufacturing or the change of state of physical goods.
Operations management consists of those activities which are concerned with the acquisition of raw materials, their conversion into the finished product and the supply of that product to the customer. The following report will analyze the principles of operations management while analyzing the need for growth and innovation in the process of production that these afford in the contemporary era. IntroductionTo date, there has been a certain amount of confusion on the things that do and do not constitute and operations strategy. There have been those that have tried to identify the generic building blocks of this strategy-but even they assume that these could also be part of a tactical, operational management approach. One of the more oft-repeated and accepted definitions come from Slack and Lewis.
They suggest that there are four basic operations strategy perspectives (Lewis and Slack, 2003): 1. A top-down reflection of what the whole business wants to do2. a bottom-up activity whereby operations strategy improvements build a business strategy3. A translation of market requirements into operational decisions and4. The exploitation of the capabilities of operational resources into chosen markets. ResearchOne would have to agree to a certain degree each operations strategy is unique and individual to the firm.
Furthermore, research seems to suggest that many of these operations strategies utilize similar building blocks.
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