Intro to OPMA Flashcards
Doing things right
Operations(management)
Doing right things
Sustainability(Leadership)
OPMA?
the DESIGN, Operation and Improvement of the system that create and deliver goods and services.
Operations
mfg & services processes that use org. resources to TRANSFORM INPUTS TO OUTPUT
Supply Chain mgt
Processes that MOVE info & mat. TO &FROM the operation processes where transf. occurs
Difference bet. Operations ,OPMA &, Supply chain
Source, Make, Deliver
Why Study OPMA
Integration of functional areas
Emergence of Operation mgt
The changing world of operations
What is the triple bottom line?
Profit (econ. prosperity)
Planet(environ. stewardship)
People(social resp.)
what was Operation Paradigm
before they minimize cost and now they maximize Value
OPMA deals with what kind of plan?
Long term plan