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Posts Tagged ‘Management’

www.ibm.com ibms data analysis expertise helps clients improve the speed and quality of decisions, while better understanding the consequences and business outcomes of those decisions.

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Cliff Ragsdale is an innovator of the spreadsheet teaching revolution and is highly regarded in the field of management science. The revised fifth edition of SPREADSHEET MODELING AND DECISION ANALYSIS retains the elements and philosophy that has made its past editions so successful. New topics have been added as well as examples that are relevant to decision making in today’s business world. This version of SPREADSHEET MODELING AND DECISION ANALYSIS has been updat… More >>

Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Management Science, Revised

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An All-in-One Resource for Using SAS and R to Carry out Common Tasks Provides a path between languages that is easier than reading complete documentation
SAS and R: Data Management, Statistical Analysis, and Graphics presents an easy way to learn how to perform an analytical task in both SAS and R, without having to navigate through the extensive, idiosyncratic, and sometimes unwieldy software documentation. The book covers many… More >>

SAS and R: Data Management, Statistical Analysis, and Graphics

The Operations Management concentration focuses on ways in which companies assess, manage, and improve their productivity and efficiency in order to maintain their competitive edge in both national and international markets. Students who concentrate in the Operations Management Science become highly skilled at using quantitative analysis and information technology within the managerial context. Graduates of this concentration begin careers in a variety of industries, including hi-tech …

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In an increasingly complex world, decision analysis has a major role to play in helping decision-makers to gain insights into the problems they face. Decision Analysis for Management Judgment is unique in its breadth of coverage of decision analysis methods. It covers both the psychological problems that are associated with unaided managerial decision making and the decision analysis methods designed to overcome them. It is presented and explained in a clear, strai… More >>

Decision Analysis for Management Judgment

A tutorial video clip describing model building in Management Science.

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The Tenth Edition of Operations Management features the latest concepts and applications while preserving the core concepts that have made the text a market leader. Stevenson’s careful explanations and approachable format supports students in understanding the important operations management concepts as well as applying tools and methods. By providing detailed examples, solved problems, questions, and cases students learn by doing, and the Tenth Edition continue… More >>

Operations Management

video for class

Operations management, in essence, is the management of production and services with the overall goal of quality performance. Operations managers are constantly thinking about how they can optimize work flow and resource utilization. A better flow of operations means less cost, increased productivity, and more time to focus on customer needs and planning new projects.

There are many operations management articles on the web available to managers to help them improve and refine their business practices. Here are some crucial business areas that operations management articles focus on.

Procurement

Choosing your vendors is an important part of the operations management process because if your suppliers are unreliable, this can cause major delays in your supply chain. There are many operations management articles online that can help you choose your vendors properly to ensure that you receive your consignments on time, at right place, and at the right price.

Manpower

Some operations management articles expound on manpower management. Particularly for large operations, this can be a daunting task. Delegating tasks according to skill level and experience, evaluation, compensation, designing safely policies, and composing a good working atmosphere are just some of the responsibilities of the operations manager.

Production

This aspect of operations management involves decisions on how to utilize your resources efficiently. Production strategy can vary depending on market conditions, and your supply chain can be producing more of one product at one point and more of another product at another point.

Operations management quality control
Learn how to ensure that your company makes no compromises on quality of products and services. Researching on up-to-date operations management articles will help you keep up with the latest in quality standards and quality management techniques. This way you can always compare and contrast your own products and services to what else is out in the market.

Inventory

Managing your inventory properly will increase efficiency and ensure that you are optimizing your resources. Many operations management articles have been written on how to decide on what is a proper base stock which can meet fluctuation in demand. Knowing how to build your inventory level optimally as your company grows is also a valuable skill.

Logistics and transportation

Designing an effective logistics and transportation management strategy is critical in order to ensure that your materials are available at the best price and delivered on time and at the right place. Numerous operations management articles have been written solely on this subject.

Facilities management

Operations managers must also be housekeepers. They need to make sure that all equipment is maintained well and working optimally, and that the premises are well lit and well kept. This will help foster a productive and healthy working environment.

By reading up regularly on these important topics and other aspects of operations management, operations managers can always ensure that they are running an up-to-trend working environment and following the latest practices and procedures. More operations management articles on these topics can be readily found on any operations management website.

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