Operational Management involves the planning, organizing, and supervising of production and manufacturing processes. It ensures that an organization operates efficiently and effectively, maximizing output while minimizing costs. This discipline is crucial for maintaining quality and meeting customer demands in a timely manner.
In essence, Operational Management focuses on the day-to-day operations of a business. It encompasses various functions such as supply chain management, inventory control, and quality assurance. By streamlining processes and improving productivity, organizations can achieve their strategic goals and enhance overall performance.