Production & Operations Management

Production and Operations Management (POM) is a vital discipline in business management that focuses on the efficient planning, organizing, and supervising of production processes and business operations. It ensures that goods and services are produced in the right quantity, at the right time, with optimal use of resources, and at a cost that delivers value to both the organization and the customer. Key Objectives of Production & Operations Management Efficient Resource Utilization – Making the best use of manpower, materials, machinery, and money. Quality Management – Ensuring products and services meet customer expectations and standards. Cost Effectiveness – Reducing production and operational costs while maximizing output. Timely Delivery – Meeting deadlines to enhance customer satisfaction. Sustainability – Promoting eco-friendly production and operational practices. Core Functions of POM Product Design & Development – Creating products that meet customer...