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Productive systems are those that convert or transform resource inputs into useful goods and services as outputs. Such productive systems are generally referred to as Operations systems. Operations management, often described as Production and Operations Manageement (POM), relates to the management of such systems. Of the many developments taking place in the disciplines in the recent past, the most radical is perhaps the concept of what the discipline represents. Upto the 1970s, Operations Management was considered as a âcentreâ system with its basic focus on âcost reductionâ. Since the 1990s, it has been increasingly recognised as a âbasisâ for âvalue creationâ within the organisation.
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Titles - A Study of TQM Practices ISO 9001: 2000
Language(s) - English
Subject - Operations Management
Degree(s) - MBA (MS)
Course - Projects
Pages - Report 91, Synopsis 16
Size - 448.30 KB, ZIP Format
Productive systems are those that convert or transform resource inputs into useful goods and services as outputs. Such productive systems are generally referred to as Operations systems. Operations management, often described as Production and Operations Manageement (POM), relates to the management of such systems. Of the many developments taking place in the disciplines in the recent past, the most radical is perhaps the concept of what the discipline represents. Upto the 1970s, Operations Management was considered as a ‘centre’ system with its basic focus on ‘cost reduction’. Since the 1990s, it has been increasingly recognised as a ‘basis’ for ‘value creation’ within the organisation.
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