Supply Chain Management Concepts Of Operations Management Essay
Operations management is a type of management that oversees, designs, and controls a company 's production processes. This type of management is also tasked with redesigning and reshaping operations in the manufacturing of goods and/or services, if that is necessary. Operations managers are responsible for ensuring that business operations are efficient, both in terms of conserving resources and in terms of meeting customer requirements. They manage the process that converts inputs (materials, labor, and energy) into outputs (goods and services)..
Six Sigma is a strategy designed to improve the quality of process outputs. The Six Sigma program accomplishes this by identifying and removing the causes of defects (errors) and by minimizing the variability present in manufacturing.
TQM (Total Quality management) To have effective operations management there is the need for just as effective quality management. Quality management ensures that products and services continually meet the standard of quality set forth by the company originally. Further ideas of quality management, specifically Total Quality Management (TQM) and Continuous Improvement Quality Management strive even further in the pursuit to improve all aspects of a firms operations, products and services
EOQ (Economic order quantity)
Inventory models deal with idle resources like men, machines, money and materials. These models are concerned with two decisions: how…