Question: operations management theory be effectively applied to optimize processes, enhance efficiency, and ensure competitiveness within organizations? Consider the integration of principles such as lean manufacturing,
operations management theory be effectively applied to optimize processes, enhance efficiency, and ensure competitiveness within organizations? Consider the integration of principles such as lean manufacturing, Six Sigma, total quality management, and supply chain management. How do these theories address issues like inventory management, production scheduling, quality control, and resource allocation? Furthermore, explore the role of technology, automation, and data analytics in modern operations management practices. How can these tools be leveraged to streamline operations, minimize waste, and improve decisionmaking? Finally, assess the impact of globalization and sustainability on operations management strategies and their implications for businesses in various industries."
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