Question: How does effective operations management contribute to organizational efficiency and profitability? Explore the key principles and strategies involved in optimizing processes and resources for improved

"How does effective operations management contribute to organizational efficiency and profitability? Explore the key principles and strategies involved in optimizing processes and resources for improved productivity. How do businesses balance cost reduction with maintaining quality standards? Discuss the significance of inventory management, supply chain optimization, and capacity planning in meeting customer demands. What role do technology and innovation play in streamlining operations and staying competitive in today's dynamic market landscape?"

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