Operations Management

ˌɑː.pə.ˈreiš.n̩z ˈmæ.nəǰ.mənt / Operations Management


Operations management is an area of management that deals with developing maximum efficiency in an organization's processes.

It requires a company to review its current resources to ensure that each is properly utilized and that little to no waste occurs.

Operations management consists of three major functions: planning, organizing, and supervising. The desired outcome is to efficiently transform materials and labor into goods and services to reach an organization's highest possible profit.

Through this practice, operations managers utilize human resources, equipment, and technology to develop and deliver high-quality goods and services for their customers.

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