Question: How does Operations Management optimize processes to enhance efficiency and productivity in organizations? Discuss key principles such as supply chain management, quality control, and inventory

"How does Operations Management optimize processes to enhance efficiency and productivity in organizations? Discuss key principles such as supply chain management, quality control, and inventory management. How do these concepts contribute to streamlining operations and reducing costs? Explore how Operations Management theories are applied in real-world scenarios to achieve competitive advantage and meet customer demands. What role do technology and innovation play in shaping modern operations strategies? Illustrate with examples from various industries."

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