ADM 2372 Lecture Notes - Lecture 7: Collaborative Product Development, Information System, Finished Good

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Chapter 8: operations management and supply chain management. They have their own distribution center and trucks. Production management: describes all the activities performed by companies to create goods. Operations management (om: controls all the activities, systems and processes that convert resources (including human resources) into goods. Is often referred to as the technical core, especially in manufacturing organizations, and is the actual conversion of inputs to outputs. 100% good 100% services automobile, groceries, hotels, restaurant, medical, teaching, consulting. The transformation of resources into goods and services involves various activities (things you can and should do). Forecasting o: capacity planning, scheduling, managing inventory, assuring quality, motivating and training employees. How can managers make use of is to influence om decisions? (strategic, tactical, operational levels) Quality control (info about the amount of defects/facts). Determining where to build the plan (where are you going to put the system, where are you going to be physically located?)

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