History of operations management

Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services it involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in terms of meeting customer requirements.

Operations is and has always been what gives an organization the power to act: to create value for its customers to capture value for its shareholders and to share value with its ecosystem in the era of ubiquitous digital technologies, operations empowers an increasing variety of organizations, ever more modular, connected, and distributed, ever more centered on software and data.

When we look into the history through the window of operations management we identify many evolutionary terms and shifts that led the need of operations management until the end of the 18th century, agriculture was the predominant industry in every country. Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services.

History of operations management

history of operations management Page 1 of 4 a brief history of operations management om - early developments 1 pre-industrial revolution o one of the first people to address the issues of operations management was the scottish philosopher -- and father of modern economics -- adam smith.

Operation and production management is not a new concept, in fact its history dates back to the late 18th century beginning just prior to the industrial revolution, and continuing into the 21st century, operation and production management has continually developed, allowing for greater and greater production.

Operations management (om) of a business entity is based on a complex process of designing, applying and optimizing the various components and systems that help produce and deliver the different products and services offered by the company.

history of operations management Page 1 of 4 a brief history of operations management om - early developments 1 pre-industrial revolution o one of the first people to address the issues of operations management was the scottish philosopher -- and father of modern economics -- adam smith.
History of operations management
Rated 3/5 based on 45 review
Download

2018.