Operations management administers business processes to enhance efficiency and maximize profit. Efficient operations are essential for business survival and profitability. Poor operations can threaten business survival if not optimized
Operations Manager oversees daily business operations and ensures efficiency. Manages staff, budgets, and processes across various departments. Develops strategies and implements operational improvements. Ensures compliance with regulations and quality standards
Oversees business operations including process management, purchasing, accounting, HR, and IT. Ensures smooth execution of company operations and timely execution of processes. Manages budgets, forecasts, and resource allocation to meet strategic goals. Develops and implements operational policies and procedures
Value chain analysis identifies areas where production and sales value can be increased. It helps companies understand their value and craft strategic sales plans. Porter's model divides VCA into five primary and four secondary activities
COO is the senior operations leader reporting to CEO. Oversees manufacturing, supply chain, and other planning functions. Focuses on long-term optimization and improvement. Excludes commercial side of business like sales and marketing
F&B management focuses on strategic planning and long-term goals. F&B operations management handles daily tasks and practical execution. Management requires business acumen, operations needs technical expertise. Management makes high-level decisions, operations implements tactical ones