The competitive scenario in business nowadays has put an increased stress on effective planning and management, which can enable an organization to be at par with its competitors and increase its overall profitability and customer base. Operations Management (OM) is a specialized field that facilitates the process of delivering value to the end customer by improving productivity, quality, cost, and turnaround time. It includes inventory management, vendor management, purchase management and enterprise resource planning (ERP), all of which facilitates the seamless running of a company’s supply chain.
An MBA in Operations Management teaches students to effectively manage the processes behind the successful production and distribution of a product in an organization. Students are taught to oversee the entire gamut of the supply chain, starting from product creation and development to production and distribution to sales outlets.
The post graduate diploma in Operations Management can be a regular full-time course or a distance education course and the duration can vary. The curriculum is generally covered across four semesters and involves project work, assessments and internships too.
The main topics covered in the course may include some or all of the following:
In the third semester, students usually have the option to select their minor subjects apart from the core subjects of their specialization. The choices from which students can select their minor subjects include supply chain management, IT and systems management, finance management, marketing management, human resource management, or project management.
After completing the course, a student can pursue a career in several sectors such as
An operations manager will usually be recruited in an executive role and will be expected to oversee and optimize the day to day business processes so that the overall costs of the company are reduced and profitability is increased.