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| Operations Management | Operations management focuses on carefully managing the processes to produce and distribute products and services. |
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| Usually, small businesses don't talk about "operations management", but they carry out the activities that management schools typically associate with the phrase "operations management." Major, overall activities often include product creation, development, production and distribution. (These activities are also associated with Product and Service Management. However product management is usually in regard to one or more closely related product -that is, a product line. Operations management is in regard to all operations within the organization.) Related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. A great deal of focus is on efficiency and effectiveness of processes. Therefore, operations management often includes substantial measurement and analysis of internal processes. Ultimately, the nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc |
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- Purchasing
- Control and Coordinating Function of Management
- Product and Service Management
- Quality Management
- Inventory Management
- Logistics and Transportation Management
- Facilities Management
- Configuration Management
- Distribution Channels
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| OM- Management Concept | Operations management is the systematic direction and control of the processes that transform inputs into finished goods and services. |
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| The operations function comprises a significant percentage of the employees and physical assets in most organizations. Operations managers are concerned with each step in providing a service or product. They determine what equipment, labor, tools, facilities, materials, energy, and information should go into an operating system and how these inputs can best be obtained and used to satisfy the requirements of the market place. Managers are also responsible for critical activities such as quality management and control, capacity planning, materials management, purchasing, and scheduling. |
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The importance of operations management has increased dramatically in recent years. Significant foreign competition, shorter product and service life-cycles, better-educated and quality- conscious consumers, and the capabilities of new technology have placed increasing pressures on the operations function to improve productivity while providing a broader array of high-quality products and services. With the globalization of markets, firms are recognizing that the operations function can be used to strengthen their position in the market place. Managers in operations management play a strategic and tactical role in satisfying customer needs and making their firms strong international competitors. |
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| OM - WEB 2.0 and Beyond | Web 2.0" refers to a perceived second generation of web development and design that facilitates communication, secure information sharing, interoperability, and collaboration on the World Wide Web. |
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| Web 2.0 concepts have led to the development and evolution of web-based communities, hosted services, and applications; such as social-networking sites, video-sharing sites, wikis, blogs, and folksonomies. |
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Web 2.0 is the business revolution in the computer industry caused by the move to the Internet as a platform, and an attempt to understand the rules for success on that new platform. We at Madin care have extensively used this concept Web 2.0 combined them with outsourcing concepts and have a operational very economical cost effective blend of different concepts For one of our Cam-AIM solutions we have the latest camera system integrated with the cash register where the data is pulled up and a daily sales analysis is generated of actual sales made through the cash register with video evidence. Our SPI-AIM solution is a very good example how extensively we have used the WEB2.0 concept coupled with technology and outsourcing. |
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OM - Result Driven Solutions | We have extensive practical experience on a lot of retail businesses where we have studied in detail the Operations of the business. |
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| These has provided us a great insight in to providing our Cam-AIM solutions coupled with our technical expertise and knowhow of cameras and all its related technologies how to position the camera so that a business can be run remotely as if the person is physically in the location. More solutions can be found on the Cam-AIM Solutions web pages |
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Our SPI-AIM is a very effective performance solution where the whole business can be operated, monitored and managed remotely on a daily basis. SPI – stands for Sales Purchase and Inventory Accounted to inform and manage. The daily sales data is transferred remotely on a daily basis, the scanned purchased documents are processed for data processing remotely and the Inventory is checked and verified with the scanned data. Our Do-AIM Solution provides DBR Daily business reports of multi store location on the web which gives the operator very good hands on summary of the business in a nut shell, Which helps proper control and monitoring of the management of the business in terms of sales, purchases, cash flow and cash expenses |
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