Theory, Practice and Techniques in Production and Operations Management

 The operations management refers to the process, which integrates and converts several resources used in the production/operations subsystem of the organization into value added product/services in a controlled manner as per the policies of the organization. Therefore, it is that part of an organization, which is concerned with the transformation of a range of inputs into the required (products/services) having the requisite quality level. Production and Operations Management has been recognized as an important factor in a country’s economic growth. The traditional view of manufacturing management is the concept of Production Management with the focus on economic efficiency in manufacturing. Later the new name Operations Management was identified, as service sector became more prominent. Rapid changes in technology has posed numerous opportunities and challenges which have resulted in enhancement of manufacturing capabilities through new materials, facilities, techniques and procedures. Hence, managing a service/production system has become a major challenge in the global competitive environment. Production and Operations Management leads the way for the organizations to achieve its goals with minimum effort.
“Theory, Practice and Techniques in Production and Operations Management” discusses the fundamental concepts and applications of production and operations management with help of real world examples and techniques. It covers the core concepts and theories of production and operations management around the globe.

Hence the study of the subject at undergraduate and postgraduate level has more significance. With recent development the operations management has changed significantly. The geographical limitation of the market has expanded from focusing on local markets to focus on global markets. This has occurred due to the rapid development in communication, globalization and increased mobility of resources among countries. As a result countries focus on producing goods and services at a global scale rather than limiting themselves to geographical boundaries.