What is Operations Management and the Transformation Model

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=9RxCPt10D5A

#operationsmanagement #Operations #transformationmodel • Link to full Operations Management Course: • Operations Management Full Course • Operations management is essential. The transformation model is a conceptual framework used in operations management to understand how inputs are transformed into outputs. It is a way to represent the various activities and processes that take place within an organization, and how they work together to create value for customers. • The transformation model consists of three key elements: inputs, transformation processes, and outputs. • Inputs: These are the resources that are used to create the outputs. Examples of inputs include raw materials, labor, energy, and capital. • Transformation processes: These are the activities that transform the inputs into outputs. Examples of transformation processes include manufacturing, assembly, transportation, and service delivery. • Outputs: These are the products or services that are created as a result of the transformation processes. Examples of outputs include finished goods, services, and information. • The transformation model can be used to analyze and improve operations within an organization by identifying bottlenecks, inefficiencies, and areas for improvement. By understanding how inputs are transformed into outputs, organizations can optimize their processes to increase efficiency, reduce costs, and improve customer satisfaction. • Chapters: • 00:00 Intro • 00:07 What is Operations Management? • 00:30 The Transformation Model • 01:27 The Transformation Model Example • 01:51 Key Takeaways • References used in this video. • https://learn.saylor.org/mod/page/vie... • Connect with me on Social Media • https://www.derrickhaywood.com/ • / drdhaywood • / drdhaywood

#############################

New on site