Operation management- Operation management refers to administration of business

Question

Operation management- Operation management refers to administration of business practices to higher level of efficiency in organization.

Basically operation management work as tools to coordinate and control all the activities of business process like , marketing ,sales , delivery , finance etc.

Operation management involves utilizing of resources like staff, material, equipment and technology.

These are the five objectives of operation management.

1) Quality objectives of operation management are one of the important objective and making products or services more effective, efficient, reliable and recallable.

2) Speed objective basically concern how fast order are processing and delivery of products to end customers . Company are major operation management objective ti making delivery of products and services in very short and speedy way.

3) Flexibility objective of operation management explain that how company is offering different catagory of products with different quality and prices.Operation management objective to coordinate and control the Flexibility level among the products and services.

4) Dependability objective of operation management concern for channels which are responsible to delivery of products and services . Operation management regulates all these channels to delivery of products in efficient and smooth way.

5) Cost objective of operation management are work for making unity in cost of manufacturing of goods so that demand can be fulfilled and maximum market coverage will be possible.

Explanation / Answer

Discuss five quality objective of operation management.

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