Module 1: Introduction to Operations Management

Introduction:

Welcome to Module 1 – Introduction to Operations Management! In this module, we will explore the fundamentals of Operations Management and its significance in ensuring effective and efficient business operations. By the end of this module, you should be able to:

  • Define Operations Management and its role in organizations.
  • Understand the key objectives of Operations Management.
  • Identify the main challenges faced in operations and their impact on an organization’s performance.

Lesson 1: Understanding Operations Management

In this lesson, we will delve into the core concepts of Operations Management and its importance as a strategic function within organizations.

Lesson 2: Key Objectives of Operations Management

In this lesson, we will explore the key objectives of Operations Management, including cost, quality, delivery, and flexibility, and discuss how they impact an organization’s overall performance.

Learning Objectives:

  • Define Operations Management and its role in organizations.
  • Identify the key objectives of Operations Management.
  • Recognize the challenges faced in operations and their impact on organizational performance.