Explore how principles such as lean manufacturing, total quality management, and Six Sigma enhance productivity and minimize waste in various industries. Analyze the impact of technology adoption, supply chain optimization, and capacity planning on operational performance. Investigate the role of operations strategy in aligning business objectives with operational capabilities. Evaluate the significance of performance measurement systems like Key Performance Indicators $($KPIs$)$ in monitoring and improving operational processes. Lastly, consider contemporary challenges such as sustainability, globalization, and resilience, and discuss how operations management theories address them for sustainable organizational success.