Explore topics such as process optimization, capacity planning, and inventory management, highlighting their significance in streamlining operations and maximizing productivity. Discuss the role of quality management techniques, such as Six Sigma and Total Quality Management $($TQM$),$ in ensuring product and service quality. Additionally, analyze the importance of supply chain management and logistics in coordinating the flow of materials and information across the entire value chain. Finally, examine the impact of technological advancements and globalization on operations management practices, emphasizing the need for agility and innovation in today's competitive business environment.