The contribution of operations to added value
How does operations management enhance product quality?
Operations management focuses on optimizing processes, ensuring efficient resource utilization, and implementing quality control measures. By implementing effective quality control systems, conducting regular inspections, and monitoring production processes, operations management can identify and address issues that may affect product quality. This enhances product quality by minimizing defects, improving consistency, and meeting customer expectations.
What is the role of operations in cost optimization?
Operations play a vital role in cost optimization by identifying opportunities to streamline processes, reduce waste, improve efficiency, negotiate better supplier deals, optimize inventory management, and enhance resource utilization, ultimately lowering production or service delivery costs.