INSTRUCTOR: Dr. W.S. William
Operations management is concerned with the production of goods and the delivery of services to meet customers’ demand. A major challenge, facing the companies today, is how to deliver high quality products/services to meet ever-changing customer demands in a timely and cost-effective manner. It has also been realized that the operations function must integrate into the overall corporate planning and strategy to achieve such an advantage. Therefore, a sound understanding of operations management is important for all managers.
The objective of this course is to develop a general managerial perspective on the role of operations management at both the tactical and strategic level. The course is designed to provide an understanding of manufacturing and operations as a major functional area of business. In this function, the five major decision areas are PROCESS, CAPACITY, INVENTORY, WORKFORCE and QUALITY. Operations Management gets as close as we can in business life to the act of creation. Since the creation of products and services is the very reason for any organization’s existence, Operations Management should be at the heart of its affairs.
In DOS-I, the focus is on designing products and processes, allocating scarce resources to strategic alternatives, and long-range capacity and facility planning. These operations functions help in achieving the long-range broader organizational objectives. Later on, in DOS-II, we will concentrate on the operational aspects of manufacturing and service systems. Our focus would then be on short and medium term planning and control. TOPICS 1. Operations Management Framework
b) W.B. Chow, “No Nonsense Guide to measuring productivity”, Harvard Business Review, January-February 1988. c) Linda G. Sprague, “Evolution of the field of Operations Management”, Journal of Operations Management 25 (2007), 219-238 2. The Strategic Role of Operations