Operations management Essay Example | Topics and Well Written Essays - 2500 words - 4

Operations management - Essay Example By the end of nineteenth century, when manufacturing was no longer produced by single craftsmen but a team of skilled workers using the tools used for product specifications. Hence, the procedure was constrained because of limitations such as difficulties in replacements of workers and custom tools absence of gauging systems to control cost and risks etc.(Centre,nd) Therefore, in every age illustrated above, the study on operations management refined business intelligence by exploring profound systems to monitor operations management at its best. The recent advancement of the framework includes planning softwares like Oracle, SAP etc to integrate information at its best for maximum output and watertight performance. (Performance, nd) The organization’s function can be categorized into three major areas that includes finance, operations and marketing (Wiley.com, nd). The aims and objectives of the three functional areas can be defined as under; the functions of Marketing covers a broad range influencing the other functions of organization, these include study on market planning, exchange functions, product designing and development, product distribution, standardization and grading, financing, risk taking, packaging, labeling , branding obtaining customer support and other information etc. (today, 2010) An operation is the area of business that involves the process of products and service delivery by enhancing the performance of organization to meet the standards of customer, suppliers, shareholders, employees and society. (education, nd) The successful theory of operational management involves the strategical thinking of the ground functional areas towards the same target objectives and devises a corporate strategy that could interrelate and align the major functional areas in a single direction or the corporate mission. (Jiang, 2009) The functions or the main aspects of management opt to direct the