It is the concept that guides the management of production system. What is Productivity and Why it is Important to Corporates, Nations, and Professionals? A high level comparison which distinct production and operations management can be done on following characteristics: Production management and operations management both are very essential in meeting objective of an organization. Below are the functions of operations management. But the production comes under the line function category which has a direct impact on the customers. Aim of production function is to add value to product or service which will create a strong and long lasting customer relationship or association. © Management Study Guide Production management helps the firm to achieve its sales and business objectives by producing goods and services that meet the need of consumers. Annealing process (heating at high temperatures and then cooling), is example of production by modification or improvement. Operations Management is an important field in business which comprises all the aspects of production, efficiency and production related processes. Production by modification or improvement: It involves change in chemical and mechanical parameters of the raw material without altering physical attributes of the raw material. ADVERTISEMENTS: Benefits of Increased Productivity! They are the ones that will distribute the product to potential buyers and should have the capacity to inform the production department of what customers or consumers would prefer. Therefore line function to a large extent determines the future of the company in question. INTRODUCTION PRODUCTION MANAGEMENT 3. © 2020 . Attainment of higher productivity is one of the main aims of any business enterprise. Successful organizations have well defined and efficient line function and support function. Hence, the firms have to realize and follow the Importance of Operations Management in order to increase the productivity levels of the goods and deliver the same to the dealers and customers within the stipulated time frame. Below are the functions of production management. Operation Management is in charge of managing the conversion process. One importance of operation management is to improve the overall productivity of the business. Operation management’s responsibility is to make sure that the company’s resources are used in the right manner to generate goods that satisfy its customers. I hold a degree in MBA from well known management college in India. Importance of Production Function and Production Management. The marketing people also have a huge role to play in this. Productivity is one of the major concerns of managers as … Productivity and operation management 1. Why is production and operations management important in both manufacturing and service firms? That’s why businesses should ensure that quality products are delivered continuously. Importance of Production Function and Production Management Successful organizations have well defined and efficient line function and support function. But if you read this post carefully, you will discover how important the role of the operations manager is. It... Raises Revenue: Operational management directly influences the profitability of the business. Let us discuss in detail the Importance of Operations Management for the manufacturing firms in today’s market: The practices and theories involved in Production and Operations Management … ManagementStudyHQ . Its benefits include: Operation management involves similar management for every industry or business irrespective of their nature of the... Operation Management is important to improve the overall productivity. The production manager is also in charge of this area of the business.

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