On the other hand, operations management is a step ahead of production management, or it can be said that the production management is a part of the operations management. Operations Management, as the name suggests is the administration of business operations, by the managers of the organization. Show
The difference between production and operations management is very thin and blurred, which is simplified in this article in a detailed manner. Content: Production Management Vs Operations ManagementComparison ChartBasis for ComparisonProduction ManagementOperations ManagementMeaningProduction Management connotes the administration of the range of activities belonging to the creation of products.Operations Management refers to the part of management concerned with the production and delivery of goods and services.Decision MakingRelated to the aspects of production.Related to the regular business activities.Found inEnterprises where production is undertaken.Banks, Hospitals, Companies including production companies, Agencies etc.ObjectivesTo produce right quality goods in right quantity at right time and at least cost.To utilize resources, to the extent possible so as to satisfy customer wants.Definition of Production ManagementWhen the principles of management are applied to the production function of the organisation, it is known as production management. It is a process of planning, scheduling, supervising and controlling the activities involved in the production of goods and services, i.e. the transformation of various resources into the value-added product, in an efficient manner. In this process, the decision regarding the quality, quantity, price, packaging, design, etc. are taken by the production manager, so as to ensure that the output produced confirms the specifications. Areas of Production Management Definition of Operations ManagementOperations Management implies the management of day to day business activities, so as to ensure smoothness and effectiveness of operations in the organization. It involves administration of production, manufacturing and provision of services in an organisation. Operations Management is that branch of management, that deals with designing, implementing and controlling the production process, i.e. converting inputs into the output, using resources, in order to provide desired goods and services to customers while adhering to the policies stated by the management of the organisation. Operations Management is all about the optimum utilization of company’s resources, i.e. the resources must be utilized as much as possible, by minimizing the loss, wastage and underutilization. Key Differences Between Production and Operation ManagementThe difference between production and operation management, are presented hereunder:
ConclusionProduction and Operations Management are so closely intertwined, that it is quite difficult to differentiate the two. Production management covers administer all the activities which are involved in the process of production. On the other hand, operations management entails all the activities involved in the production of goods and delivery of services such as material management, quality management, maintenance management, process management, process design, product design and so on. What are the four objectives of operations management?There are many objectives of operations management, but the most important ones are to create value for the customer and make a profit. Other goals include ensuring quality, maintaining efficiency, and reducing costs.
What are 5 objectives of operations management?Slack et al. (2007) describe five basic operations performance objectives which allow the organisation to measure its operations performance. The performance objectives are quality, speed, dependability, flexibility and cost.
What are the 3 most important scope of production and operations?The entire process of need identification to physical manufactures of product involves three functions: marketing, product development, and manufacturing.
What is the objective of operational producer?Improving production includes increasing output, decreasing costs, and raising quality of the product. Improving quality of the product as an operational objective will aid in improvement of sales, strengthen your brand, and decrease returns and cost that are associated with repairs and make-goods.
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