Operations strategy
How do human, marketing, and finance resources influence operations decisions?
Human resources influence operations decisions by providing the necessary skills, knowledge, and expertise to carry out operations effectively. Marketing resources influence operations decisions by aligning production and delivery with marketing strategies, ensuring timely availability of products or services, and managing demand fluctuations. Finance resources influence operations decisions by allocating budgets, assessing profitability, managing costs, and supporting investments in operations infrastructure and technology. These resources play a critical role in shaping operational capabilities and performance.
How is technology changing operations management?
Technology is changing operations management by automating processes, enabling real-time data analysis, improving communication, and facilitating agile decision-making.