What are the core theoretical foundations that underpin operations management, shaping its methodologies and strategies for optimizing organizational processes and resources? These theoretical pillars encompass concepts such as supply chain management, quality management, inventory control, process design, and capacity planning. Understanding these fundamentals is essential for managers to streamline operations, improve efficiency, and meet customer demands across diverse industries, ranging from manufacturing to service sectors like healthcare and hospitality. How do these theoretical frameworks inform decision$-$making and innovation within operational contexts?