Operations Strategy
Operations strategy refers to the plan that outlines how an organization will utilize its resources to achieve its goals and objectives. It focuses on optimizing processes, improving efficiency, and ensuring that the production of goods or services aligns with the overall business strategy. Key elements include capacity planning, supply chain management, and quality control.
A well-defined operations strategy helps organizations respond to market demands and maintain a competitive edge. It involves making decisions about technology, workforce management, and inventory control. By aligning operations with business goals, companies can enhance productivity and customer satisfaction while minimizing costs.