Question & Answer: What is Operations Management? its organizations structure and what role does…..

Operation management refers to the planning , organizing and supervising business practices and processes to create high profitability and high efficiency for the organization. It deals with the processes that converts material and labour into goods and services as efficiently as possible to achieve maximum profit for the organization.

The role of operation management in business can be seen from its value chain perspective which means it adds value at each stage of the value chain starting from the processing of raw materials to ending with the final product. It mainly focuses on performing each activity effectively and efficiently so that high productivity for the organization can be achieved which ultimately increases the overall profit of the organisation.

Sturcture of operation management