Question: Operations Management optimize processes to enhance efficiency and effectiveness? Discuss the fundamental principles and techniques used to streamline operations in various industries. Explore the significance

Operations Management optimize processes to enhance efficiency and effectiveness? Discuss the fundamental principles and techniques used to streamline operations in various industries. Explore the significance of inventory management, quality control, and capacity planning in ensuring smooth workflow. How do factors like demand forecasting and supply chain management contribute to operational success? Analyze the role of technology in modernizing operations and mitigating risks. Additionally, examine the impact of globalization on operational strategies."

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