Question: How can operations management theory optimize organizational efficiency, productivity, and competitiveness across diverse industries? Explore the core principles, such as lean manufacturing, Six Sigma, and
How can operations management theory optimize organizational efficiency, productivity, and competitiveness across diverse industries? Explore the core principles, such as lean manufacturing, Six Sigma, and Total Quality Management, and their applicability in modern contexts. Analyze how technology integration, supply chain optimization, and process reengineering contribute to operational excellence. Investigate the role of forecasting, capacity planning, and inventory management in meeting customer demand while minimizing costs. Additionally, consider the significance of sustainability, ethics, and corporate social responsibility within operations management frameworks. Ultimately, evaluate how strategic alignment between operations and organizational goals drives continuous improvement and sustainable success.
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