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Operations management and the company

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What is operations management?
What are some industries that might benefit from improved operations management?

Discuss one industry and provide two suggestions for improving operations.

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Solution Summary

This solutions describes what is operations management and its uses and how industries can benefit from it.
It identifies one industry and gives suggestions on how it can improve business operations.

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Operations Management deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want. (MIT Sloan Management, "Operations Management", http://mitsloan.mit.edu/omg/om-definition.php)

Operations management is also an academic field of study that focuses on the effective planning, scheduling, use, and control of a manufacturing or service firm and their operations.

(Operations Management - strategy, levels, manager, model, business, History of operations management http://www.referenceforbusiness.com/management/Ob-Or/Operations-Management.html#ixzz1KRAlfJ4A)

What industries may benefit from improved operations management?

In a service sector U.S. type of economy, industries that may benefit from improved operations ...

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