Operations management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs.

Operations Management

The area of management concerned with designing and controlling the process of production and redesigning business operations.

Inputs

Refers to the resources used in the production process, including raw materials, labor, and capital, essential for the creation of goods or services.

Outputs

The final products, services, or results that come from processes or activities within systems or organizations.