Question: Explore the fundamental principles and methodologies employed in operations management. Discuss key concepts such as process optimization, inventory management, quality control, and supply chain management.

Explore the fundamental principles and methodologies employed in operations management. Discuss key concepts such as process optimization, inventory management, quality control, and supply chain management. Explain the role of operations managers in coordinating resources, streamlining processes, and enhancing productivity. Additionally, examine the impact of technological advancements and globalization on operations management practices. Illustrate real

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world examples of successful operations management strategies in various industries, highlighting their significance in achieving competitive advantage and meeting customer demands.

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