Question: operations management optimize processes to enhance efficiency and productivity in various industries? Discuss key concepts such as process analysis, inventory management, quality control, and supply
operations management optimize processes to enhance efficiency and productivity in various industries? Discuss key concepts such as process analysis, inventory management, quality control, and supply chain management. Explore how operations strategies align with organizational goals and address challenges like resource allocation and cost reduction. Additionally, examine the role of technology in streamlining operations and fostering innovation. Provide examples to illustrate the practical application of these principles in improving business performance."
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