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Cover Story : Introductions to Operations Management
Looking Back : Origin of PERT
Techniques used in the Industry : 3D Printing
Tell us your Story-Industry Visit- Taj Visit, Volkswagen Visit
Success Story : StarAgri
Faculty Message
Professor Umesh Bahadur
Learning if not shared remains in one’s pocket as experience. Learning if shared becomes knowledge. “ In the pursuit of knowledge, the purpose for which we are all here, the Operations Conclave Committee desires to start a knowledge sharing platform in the form of this Information Bulletin.
I am very happy that this group has taken the initiative to stat this new venture as a first step to issue 3 Information
Bulletins this year with features to interest the entire SPJIMR fraternity. I wish this venture great success. I will be looking forward to reading this bulletin and also the feedback from the readers so that the content can be enriched as the time passes. ”
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Cover Story
What is Operations
Management?
By Nishit Shah
Operations management can be defined as area of management concerned with managing the operating core of the organisation: activities ranging from creation, production, delivery and distribution of goods and/or services. In layman terms OM can be defined as management of conversion of inputs to output with highest possible efficiency. The scope of OM ranges from strategic (facility location decision, facility layout planning) to tactical (inventory management) to operational levels (ergonomics, job design).
6. different seasons, allocating showtimes between different films, managing food and beverages inventory etc.
This gives just a gist of operations management in service industry. Operations management in any service industry is just as important as marketing or finance or HR. So next time when you get see your favourite movie at your desired time think of
Operations Management!
TRIVIA # 1
Kieth