Operations Management

What Is Operations Management?

Konect360 provides Operations Management “OM”; the administration of business practices to create the highest level of efficiency possible within an organization. Focusing on the concerns with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.

Konect360 Operations Management Team is involved with utilizing resources from staff, materials, equipment, and technology. Our Operations Managers will acquire, develop, and deliver goods based on client needs and the company’s abilities.

Konect360 Operations Management Team handles various strategic issues, including determining the size of manufacturing plants and project management methods and implementing the structure of information technology networks. Other operational issues include the management of inventory levels, including work-in-process levels and raw materials acquisition, quality control, materials handling, and maintenance policies.

Konect360 Operation Management Team also studies the use of raw materials and ensures that minimal waste occurs. Our Operations Managers use numerous formulas, such as the economic order quantity formula, to determine how large an inventory order to process and when to do so as well as how much inventory to hold on hand.

Operations and Supply Chain Management (OSCM)

A critical function of operations management relates to the management of inventory through the supply chain. This process is known as operations and supply chain management (OSCM).

Konect360 Operations Management Team understand the processes that are essential to what a company does and get them to flow and work together seamlessly. The coordination involved in setting up business processes in an efficient way requires a solid understanding of logistics.

Konect360 Operations Management Team understands local and global trends, customer demand, and available resources for production. Our Operations Management Team approaches the acquisition of materials and the use of labor in a timely, cost-effective manner to deliver customer expectations. Inventory levels are monitored to ensure that ample quantities are on hand. Our Operations Management Team is responsible for finding vendors that supply the appropriate goods at reasonable prices and can deliver the product when needed.

Konect360 Operations Management Team also handle the delivery of goods to customers. This includes ensuring that products are delivered within the agreed time commitment. Our Operations Management Team also typically follows up with customers to ensure that the products meet quality and functionality needs. Finally, Konect360 takes the feedback received and distributes the relevant information to each department to use in process improvement.

What Do Konect360 Operations Managers Do?

Konect360 Operations Managers are involved in coordinating and developing new processes while reevaluating current structures. Organization and productivity are two key drivers of being an operations manager, and the work often requires versatility and innovation. As part of their daily responsibilities, operations managers must possess a variety of skill sets, including:

Technical expertise in areas such as production automation, data entry, budget tracking, and design.
Organizational ability and attention to detail, including keeping track of project files, employee reports, budgets, schedules, and other details related to company processes.
Motivational prowess in the form of strong leadership skills that provide the expertise to motivate others, inspire ideas, and foster a supportive and diverse team.
Analytical aptitude, including skill in risk analysis and mitigation when initiating new projects. Operations managers must also analyze processes to identify challenges and offer solutions if negative situations develop.
Decision-making proficiency, especially under stress, when there is very little time to assess all factors.
Ability to maintain quality standards, including as they relate to raw materials, machinery, manufacturing procedures, packaging, delivery processes, and the finished product.

Konect360 Operations Managers can provide a global perspective on industry trends and an awareness of financial regulations and political uncertainties that can affect an organization. They also provide a solid grasp of the inherent complexities, and the tools needed to respond effectively to change.

What Is the Purpose of Operations Management?

Konect360 Operations Management Team also controls the production process and business operations in the most efficient manner possible. We balance operating costs with revenue to maximize net operating profit.

What Are Some Systems of Operations Management?

Konect360 Operations Management Team revolves around four theories:

Business process redesign (BPR), which is focused on analyzing and designing workflow and business processes within a company. The goal of BPR is to help companies dramatically restructure the organization by designing the business process from the ground up.
Reconfigurable manufacturing systems, which are designed to incorporate accelerated changes in structure, hardware, and software components. This allows systems to adjust rapidly to the capacity at which they can continue production and function efficiently in response to market or intrinsic system changes.
Six Sigma, an approach that focuses on quality. The word “six” references the control limits, which are placed at six standard deviations from the normal distribution mean. Tools used within the Six Sigma process include trending charts, potential defect calculations, and other ratios.
Lean manufacturing, which is the systematic elimination of waste within the manufacturing process. This theory sees resource use for any reason other than value creation for customers as wasteful and seeks to eliminate wasteful resource expenditures as much as possible.

The Bottom Line

In simple terms, Konect360 Operations Management Team prioritizes and employes business practices designed to achieve maximum efficiency to achieve maximum profitability. Within the process, operations managers utilize organization and productivity to achieve their primary goals.

Balancing the efficient use of resources, including staff, materials, equipment, and technology, is key to a successful OM process and, by extension, the success of the company.

Operations Management

What Is Operations Management?

Operations and Supply Chain Management (OSCM)

What Is the Purpose of Operations Management?

What Are Some Systems of Operations Management?

The Bottom Line

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