Why is Operations Management necessary for every business?

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Why is Operations Management necessary for every
business?- MITSDE Distance  MBA in Operations
Management

• http//www.mitsde.com

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Why is Operations Management necessary for every
business?- MITSDE Distance  MBA in Operations
Management

• Operations Management is a process that is
  a part and parcel of every business because
  operations are involved in every organization. It
  is the task of an operation manager to ensure
  that all the processes are performed as intended.
• However, apart from operation
  managers, other officials should also learn the
  concepts of OM as it is requisite in every
  organization. These are planning, recruiting,
  monitoring and controlling.
• Operations management leaves a great
  influence on every business functions. The
  importance of operation management in different
  domains is as follows

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1.     Engineering

• Engineers are considered to be great in
  quantitative analysis. However, the analysis
  of operations management involves both
  quantitative as well as insightful measures.
  Engineers can execute the task of operations
  managers only if they have the knowledge and
  relevant skills.
• Without proper management of operations, they may
  waste hefty sum of money. If an engineering firm
  seeks maximum benefits in operations, then every
  individual should analyze individual processes in
  terms of

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2.     Economic or finance sector

• Operation management can save a large sum of
  money. Generally, the task of finance
  professionals is to control the budget. Along
  with finance, if they have an idea of Ops
  Management, then they can make wiser and better
  decisions. Sometimes, if they are aware of
  various operations, they can take corrective
  measures to combat the malfunctioning instead of
  changing the plant. This saves a lot of capital.

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3.     IT sector (Information Technology)

• Operation Management is even an imperative part
  of IT companies. Most of the IT firms deal with
  automating operations. So, if they have the
  know-how of the core principles of Ops
  management, then they can make wiser decisions.
  IT professionals tend to focus only on automating
  the existing processes with embedded
  inefficiencies. With knowledge of operations,
  they can automate the system in an effective
  manner by enhancing the productivity of the
  plant.   

4.     Marketing

• When the marketing individuals wish to launch a
  new product and come up with a new technology,
  they need to discuss its utility with
  the operations managers to find out whether the
  product will bring them profit or not.
  Furthermore, if marketers have know-how about
  operations, then they can come up with better
  ideas that bring profits to the organization.

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• Thus, operation management plays a vital
  role in every business organization. Knowledge in
  the field of operation management can make you
  successful in almost any industry. If you wish to
  gain knowledge and develop requisite skills in
  this omnipresent sector, then you can pursue
  a PGD in Operations Management. MIT School of
  Distance Education offers this value-added course
  through online/distance mode.

• The course material is prepared by industry
  experts and it even incorporates the latest
  trends so that the candidates can apply the
  technics once they are absorbed in the industry.
  Since it is a distance learning course, so anyone
  can pursue the course as per their convenience.
  Fresh graduates can pursue this course to enhance
  their market value while the working
  professionals can take up this course to witness
  a hike in salary and to pave way for promotion.