Question: foundations underlying operations management, such as process design, capacity planning, inventory management, and supply chain optimization. How do concepts like Lean, Six Sigma, and Total
foundations underlying operations management, such as process design, capacity planning, inventory management, and supply chain optimization. How do concepts like Lean, Six Sigma, and Total Quality Management contribute to operational excellence? Consider the role of technology, including automation and data analytics, in streamlining operations. Additionally, delve into contemporary challenges like sustainability, globalization, and agility in operations management. Ultimately, how do these theories and practices intersect to ensure organizations meet customer demands, reduce costs, and maintain a competitive edge in dynamic market environments?"
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