Operations Management Introduction

Course details

Operations management is an area of management which is about how to design and how to control the process of production and it also illustrates how to redesign the business operations in goods or services production.
Moreover, it deals with the administration of various business practices for boosting the efficiency level of an organization. Operations management teams make a balance between costs and expenditures to gain the highest net operating profit possible.
Operations are the center of any business which provides good and services. When they are well- managed, it facilitates the function of all other departments but on the other hand, if operations are poorly-managed, all other departments suffer a lot.
This unit aims to define the operations management with its different types. It also enhances our understanding of various financial terms, with key reports and the approaches and strategies of getting the right people in place.
On the completion of this unit, learners will be equipped to identify the differences between current and fixed assets, the six essential steps of hiring and getting the product together.

Objectives:

After the completion of this course learners will be able to:
Ways to establish an organizational framework through operations, finance, and leadership

Program Content:

Lesson(s):
Introduction to Operations Management
Topics:

• Defining Operations Management
• Types of Operations
• Understanding Financial Terms
• Key Reports
• Current vs. Fixed Assets
• Getting the Right People in Place
• Six Essential Steps of Hiring
• Getting Your Product Together

Course Benefits:

• Full Tutor Support
• Self paced, no fixed schedules
• Available to students anywhere in the world
• 24/7 Access to the LMS ( Learning Management System )
• Easy to understand quality e-learning study materials
• The benefit of applying for NUS extra Discount Card.

Updated on 16 September, 2018