Operation management is a field of business that involves overseeing the operations of a company to ensure efficiency in the execution of projects. This requires organization, familiarity with the latest technology, and a wide range of responsibilities. To achieve this, operations managers must plan, organize, and supervise business practices that maximize efficiency and ensure that business processes generate value. Additionally, they must manage the supply chain process while maintaining control of inventory management, the production process, distribution, sales, and supplier sourcing. The current global supply chain disruption and the need for business agility have made effective operations management more important than ever.
An operations manager must be able to predict consumer demand for the company's products in order to succeed. Unlike other departments where managers are responsible for their own area, operations management is an interdepartmental function in which the manager assumes a series of responsibilities in multiple disciplines. This requires strong communication skills and the ability to relate to colleagues on both a professional and personal level. In short, operations management is the administration of business activities to achieve objectives, increase productivity, and maximize profitability. When done correctly, it can help companies reach their goals faster and more efficiently.