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• Start Date:- Mar 22, 2023 , 20:30

End Date :- Mar 25, 2023 , 22:30

Training Mode:- Online

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What Is Operations Management?

Operations management is the management of the entire set of activities or processes that convert inputs into outputs. The outputs are the products and services, and the inputs are raw material, labor, and machinery. 

In our everyday life, we use different products and services. It can be your toothpaste or your Wi-Fi service. But how are these products made and how are these services offered? This is where operations management comes into action. 

For example, to build a bike, a factory requires raw material, metal in this case, which is processed and transformed into the finished product, the bike.

The production process can consist of multiple activities that run in a contraption. Now, this input, that is the raw material that undergoes several activities and processes which convert it into the final finished product, a bike. 

The management of all these activities that transform inputs into outputs is known as operations management. It is mainly concerned with planning, coordinating, and overseeing the production of goods or the provision of services. 

What Is Operations Management Used For?

To figure out if operations management is the right choice for you, we need to talk about what operations management is all about. Then, you can decide if you have what it takes to be a successful operations manager. 

Let’s take a look at the fundamental foundations of operations management and an operations manager’s job roles. The foundations of operations management are: 

• Process. Formulating a sequence of activities that transforms inputs into outputs with minimal bottlenecks.
• Efficiency. Operations management is supposed to eliminate bottlenecks, and manage resources and downtimes to ensure the processes run with maximum efficiency.
• Quality. Quality checks are one of the most critical factors of any production of goods or provision of services to maintain customer satisfaction. Failing to implement quality checks can cause a great deal of damage to a company’s reputation. 
• Planning. Forecasting, preparing, and making required adjustments to optimize the processes fall under the operations management department.
• Continuous Improvement. With constant development in technology, new and more efficient methods of executing processes are discovered every day. The operations manager must always seek better ways to compete with other companies.
• Cost Control. A significant portion of a company’s expenditure is typically on production. An operations manager must keep it a minimum.

What Does an Operations Manager Do?

An operations manager is responsible for supervising all steps of manufacturing products and providing services. An operations manager must oversee all resources such as technology, raw materials, machinery, and employees to create goods and services that the consumer wants.

The field of operations management includes a diverse set of functions and roles, which can differ among industries and companies of different sizes. This includes: 

• Supervising manufacturing plants
• Supervising coordination among various teams
• Management and execution of timely delivery protocols
• Conducting multiple enterprise resource planning (ERP) sessions
• Navigating industrial labor relations
• Reducing waste and bottlenecks
• Making sure that the company’s strategic plan is being executed

Though these are the fundamental job roles of an operations manager, they are not limited to them. The job roles may vary depending upon the types of products or services a particular company provides.

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To be a good operations manager, you need to be organized, adaptable, smart, creative, and able to negotiate. Above all, you must possess leadership skills. Management is all about leading people, and therefore leadership qualities are very important. 

Types of Operations Management

Operations management is a broad subject, but it can be broken down into more specific streams. These include:

Planning operations

The planning operations department decides what direction the company will move toward. The planning operations department does this by conducting market research to analyze what services or products the market needs, and by researching who the competitors are and how to beat them.

The result of the research may conclude with a prototype to meet those requirements of the targeted consumer.

Quality management

Low-quality products or services can have drastic effects on a company’s reputation and business. Quality management covers a wide range of activities. It is so broad that it can further be divided into two parts: quality control and quality assurance. 

Quality control is keeping a check on the manufactured goods, and quality assurance is the inspection of how long they will last or how well they will perform.

Supply chain Management

A Master’s Degree in Supply Chain Management (SCM) will teach you that the management and sourcing of the raw materials for product development is vital to success, along with managing logistics The primary purpose of SCM is to ensure that production and distribution functions without interruption.

Companies employ supply chain firms to develop and execute the supply chain of their company in the most efficient way.

Capacity Management 

Capacity management is the act of ensuring that a business makes the best use of its potential to maximize its sales. Capacity management also deals with market research to develop a strategy on the market’s purchase capacity in a given location and how the company can expand its sales capacity accordingly.

Learning Operations Management

You can learn operations management by joining an online course or a training program.

Operations management is an excellent skill, and if added to your skills section on your resume, it can increase your chances of getting a much better job. There are many ways to learn operations management, including online courses, books, or online resources. 

How Long Does It Take to Learn Operations Management?

Operations management can be learned in two main ways. One is to join a bachelor’s degree program that takes four years to complete or a master’s degree program that takes two years to complete.

However, there are also many standalone courses you can pursue to become familiar with operations management. By joining an online course or a training program, you can learn the fundamentals of operations management in as little as a week.

How to Learn Operations Management: Step-by-Step

Below we have compiled an in-depth guide on learning operations management from the best free online courses to training programs offered by top universities.

But first, let’s break down your plan to learn operations management into five simple steps.

1. Choose an online course or a training program: You need to decide what suits you better, an online course or a traditional offline training program. If you are comfortable with attending online lectures, then you can always go for an online course. Not only do you get more flexibility, but some are absolutely free.
2. Get yourself enrolled: If you have decided to pursue your career in operations management, then don’t waste time. Get yourself enrolled in an online course or a training program and begin your studies. 
3. Collect Extra Certificates: Getting a degree is great, but what can you do to make yourself better than other candidates? You can complete a course that specializes in a particular sector within operations management. For example, you can complete a supply chain management or quality management course. Extra certificates will definitely give you an edge over other candidates.  
4. Increase your knowledge by reading books: Books always add a boost to your knowledge. You can pick out a book that we have reviewed below in this article in the resource section.  
5. Work experience: The best way of learning anything is by experiencing it. Try to find a short-term internship before you apply to top global companies. Paid or unpaid, an internship will be an excellent addition to create your perfect resume.

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The Best Operations Management Courses and Training

There are a lot of courses that will teach you operations management and finding the best one can be difficult. To help you out, we have listed the best operations management online courses and training programs below. 

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