Operations Management

Hi,
Operations management:
Generally speaking, an operations manager plans, directs or coordinates the operations of public or private sector organizations.
Specifically, an operation manager might be tasked with:
Directing and coordinating activities of businesses or departments concerned with the production, pricing, sales, or distribution of products.
Reviewing financial statements, sales and activity reports and other performance data to measure productivity and goal achievements and to determine areas needing cost reduction and program improvement.
Managing staff, preparing work schedules and assigning specific duties.
Directing and coordinating an organization's financial and budget activities to fund operations, maximize investments and increase efficiency.
Determine goods and services to be sold, and set prices and credit terms, based on forecasts of customer demand.
Supply chain management:
The job of a supply chain manager is to direct or coordinate production, purchasing, warehousing, distribution and/or financial forecasting activities for a company or organization, as well as streamlining these activities.
Specifically, someone in this role might be tasked with:
Conferring with supply chain planners to forecast demand or create supply plans that ensure availability of materials or products.
Monitoring forecasts and quotas to identify changes or to determine their effect on supply chain activities.
Analyzing inventories to determine how to increase inventory turns, reduce waste or optimize customer service.
Manage activities related to strategic or tactical purchasing, material requirements planning, inventory control, warehousing or receiving.
Developing procedures for coordination of supply chain management with other functional areas, such as sales, marketing, finance, production and quality assurance.