GENERAL KNOWLEDGE

Detailed explanation-1: -Operations management oversees the complete operating system of an organization. Operations management is essential for organizations to manage their daily activities seamlessly. Operations management controls all the processes and handles issues including design, operation, maintenance, and improvement of the systems.

Detailed explanation-2: -Operations Managers oversee operational activities at every level of an organization. Their duties include hiring and training employees and managing quality assurance programs. An operations manager also strategizes process improvements to ensure everyone completes their tasks on schedule.

Detailed explanation-3: -Operational planning Monitoring daily production of goods. Managing and controlling your inventory. Keeping tabs on team member performance and well being. Production planning.

Detailed explanation-4: -What are the 4Vs of Operations Management? The 4Vs – the 4 dimensions of operations are: Volume, Variety, Variation and Visibility. They can be used to assess all different types of business operations and understand how any why they operate, their key competitive strengths, weaknesses and different approaches.

Detailed explanation-5: -Organizations need operations management to run their daily operations smoothly. Operations management oversees all processes and deals. This may concern system design, operation, maintenance, and improvement. It also ensures that products and services are produced smoothly and on time.