Operations Management Matching Capacity with Demand

Operations Management: Matching Capacity with Demand Operations management deals with all the operations within an organization. Activities that are included in operations management are quality control, logistics, evaluations, managing purchases, inventory control, product design and production control. Operations management is simply defined as The design, operation and improvement of the internal and external systems, resources and technologies that create product and service combinations in any type of organization. [Robert H. Lowson p.5] It is important for an organization to concentrate in on the product. Releasing a product in the market should be affordable and of a better quality than what other competitors are offering. This is one of the main factors that would secure the sale of the product. Primarily the organization should work towards designing a product that would have demand in the market. Producing something that is already provided a large number of companies is generally not a very good idea. The aim should always be to provide something unique, if not then the top most quality at the cheapest rates should be provided. In practical this is seen in the case of Japan, who in a small time frame has successfully produced low-priced yet high quality products as compared to other competitors from across the globe. [John N. Pearson, Jeffrey S. Bracker, Richard E. White] Logistics and evaluations are yet another important face in the field of operationsShow MoreRelatedCapacity Planning And Capacity Limitations1233 Words   |  5 PagesMilad Banijamali A00949646 OPMT 1198 Assignment #2 Capacity planning and capacity limitations Managing capacity is a central feature of strategic operations management in some ways managing and understanding capacity is associated with process choice, because understanding both areas can then enable CFG to make informed decisions about what it can and cannot do in the market. Adding capacity allows CFG to position plants and service outlets in key areas around the world. In some cases locationRead MoreHow The Enterprise Dealt With Its Issues825 Words   |  4 Pagesexpand the hospital in two phases, with the two top floors designed to be empty interior which can be developed at future date when there is need for more expansion. 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