Operations term is generally used to refer to the corporate area responsible for producing goods and services. Operations is increasingly seen as a source of competitive advantage because correctly managing this area is fundamental to ensuring the company’s carefully crafted strategy becomes reality; without operations, corporate strategy would run the risk of remaining a merely theoretical exercise.
Operating environment for global organizations is increasingly getting complex. Operation Management is a key differentiator in field of performance.Operations management is the corporate area in charge of designing, managing and tracking different processes.
Operations is one of the major functions in an organization along with marketing, finance and human resources. The operations function requires management of both the strategic and day-to-day production of goods and services.It helps you achieve and sustain success through strategic, functional and process transformation that enables improved performance, increase effectiveness, reduce costs and improve resilience.