Introduction To Operations Management Boundless Business0

Operations management is the management of processes that transform inputs into goods and services that add value for the customer. The goal of operations management is to maximize efficiency while producing goods and services that effectively fulfill customer needs. Operations decisions include decisions that are strategic in nature, meaning that they have long-term consequences and often involve a great deal of expense and resource commitments. Operations is one of the three strategic functions of any organization, along with marketing and finance. The operations strategy should support the overall organization strategy.

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