Operations Management Essentials
- 5 Courses | 1h 47m 33s
- 10 Books | 42h 24m
- 9 Audiobooks | 39h 25m 34s
Successful companies follow fundamental practices of efficient operations management. Explore further to learn about and apply these practices. Efficient management of daily business operations is a critical component of reaching success. Learn how to implement best practices from experienced operations managers to prevent mistakes, maintain operations in flow, and keep your organization profitable and productive.
GETTING STARTED
Operations Management Functions and Strategies
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47s
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3m 14s
COURSES INCLUDED
Operations Management Functions and Strategies
Operations management is crucial for organizational success. It involves designing, planning, directing, and controlling all the processes in an efficient way to transform resources into quality goods or services. Operations include all the activities used to create and deliver goods or services. In this course, you'll learn the basics of operations management and how it can improve efficiency. You'll also learn about organizational strategy, Lean processes, and the transformation model. You'll be introduced to the general characteristics of operations in the manufacturing and service sectors, as well as common operations strategies. You'll also learn about a process for formulating organizational strategy, and about the main types of transformations.
8 videos |
25m
Assessment
Badge
PMI PDU
Strategic Product and Service Management
To succeed in competitive markets, all organizations need to strategically plan and manage their products and services. Much of the responsibility for doing this lies with operations management. An organization's operations section deals with managing products and services and delivering quality using efficient processes. In this course, you'll learn about the product and service life cycle, the process for developing new products, and strategies to manage the sale of existing and mature products. You'll also learn about a process and best practices to improve efficiency for new product or service development. Finally, you'll learn about strategies, such as Lean processes, for managing existing and mature products and services.
7 videos |
18m
Assessment
Badge
PMI PDU
Supply Chain Management Basics: Cutting Costs and Optimizing Delivery
A few basic supply chain management (SCM) concepts can really improve delivery and cost management while enhancing how you provide value to customers. In this course, you'll explore the components of a supply chain and the key objectives of SCM, such as cost reduction and delivery optimization. You'll learn how organizations combine SCM strategies. And you'll explore the components of the supply chain, including the role of the supplier, and cover the key drivers that impact its efficiency. You'll also consider the characteristics of service supply chain management, and learn about related strategies.
7 videos |
19m
Assessment
Badge
PMI PDU
Inventory Management: Aligning Inventory with Production and Demand
One of the most common challenges for businesses is to know exactly how much inventory to keep. If production exceeds demand, a business will end up paying high storage costs; too little inventory, however, and it may not be able to meet consumer demand. That's why an operations strategy needs to find a way to strike the right balance. In this course, you'll learn about different operations management techniques, including how to value inventories and calculate economic order quantities and reorder points. You'll explore common ordering and holding costs. And you'll discover popular inventory management tools, including ABC analysis, MRP, ERP, and JIT management.
8 videos |
21m
Assessment
Badge
PMI PDU
Optimizing Operations Using Demand Forecasting and Capacity Management
It's a fact that market trends are constantly changing. Failure to adapt to these changes may result in your organization losing its competitiveness - and, ultimately, customers. To take advantage of these shifting forces, businesses must implement an effective operations management strategy that matches market demands. In this course, you'll learn about demand forecasting and capacity management, two techniques that can optimize your organization's operations to handle market trends and meet the challenges of supply and demand. You'll also learn about demand patterns, a process for forecasting demand, and strategies for managing your organization's capacity.
8 videos |
22m
Assessment
Badge
PMI PDU
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Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.
Digital badges are yours to keep, forever.BOOKS INCLUDED
BOOK SUMMARY
Logistics, Supply Chain and Operations Management Case Study CollectionLogistics, Supply Chain, and Operations Management Case Study Collection is a compilation of case studies illustrating practical ways to overcome challenges in business today. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
9m
By David B. Grant (ed)
BOOK SUMMARY
Warehouse Management: A Complete Guide to Improving Efficiency and Minimizing Costs in the Modern Warehouse, 2nd editionWarehouse Management explores the role of warehouses in the supply chain, and takes a comprehensive look at the workings of modern warehouse operations. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
11m
By Gwynne Richards
Book
Inventory Management: Advanced Methods for Managing Inventory within Business SystemsUsing case studies from various diverse industries, this book, aimed at practitioners, supply chain managers, and operations and manufacturing professionals, provides a step-by-step approach on how to achieve the crucial link between the budget's decisions and the detail level.
3h 48m
By Catherine Milner, Geoff Relph
Book
The Handbook of Logistics and Distribution Management: Understanding the Supply Chain, 5th EditionProviding a broad strategic framework for planning as well as a clear and straightforward description of the basic functions and elements, this book helps in the logistics manager's quest to improve service and reduce cost, as well as keeping them aware of the many different facets of logistics and the supply chain.
12h 7m
By Alan Rushton, Peter Baker, Phil Croucher
Book
MIT Sloan Management Review Article on Who Gets What When Supply Chains Are Disrupted?In this article from MIT Sloan Management Review, learn how when companies cannot meet the full demands of their customers, leaders need to set clear decision criteria and the mechanisms to back them up. But how?
5m
By Yossi Sheffi
Book
MIT Sloan Management Review Article on Three Scenarios to Guide Your Global Supply Chain RecoveryThis article from MIT Sloan Management Review reveals that even as the business climate remains deeply unpredictable, supply chain leaders should act now to plot their comebacks.
7m
By David Simchi-Levi
Book
Production in the Innovation EconomyFocusing on innovation as a rationale for why manufacturing still matters to the U.S. economy, this book argues that a holistic concept of production is intertwined with the process of innovation.
5h 17m
By Rachel L. Wellhausen (eds), Richard M. Locke
Book
The Lean 3P Advantage: A Practitioner's Guide to Production, Preparation and ProcessIllustrating real-world scenarios with numerous examples and case studies to help newcomers succeed the first time around, this book describes how to develop successful new products concurrently with new operations.
5h 37m
By Allan R. Coletta
Book
Production and Operations Management SystemsIllustrating how operations relate to the rest of the organization, this concise and straightforward book provides an understanding of the production and operations management (P/OM) functions as well as the processes of goods and service producers.
10h 9m
By Martin Starr, Sushil Gupta
Book
Logistics, Supply Chain and Operations Management Case Study CollectionThrough the use of real life examples from companies like Honda of America, Volvo, and the Swedish Transport Administration, this book offers tactics and solutions for handling uncertainties, problem solving, and circumventing risk.
4h 54m
By David B. Grant (ed)
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AUDIOBOOKS INCLUDED
AUDIOBOOK SUMMARY
Business Operations Models: Becoming a Disruptive CompetitorBusiness Operations Models lays a framework for building an operations system that will guide your company's production of goods and services. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
20m 41s
By Alan Braithwaite, Martin Christopher
AUDIOBOOK SUMMARY
Warehouse Management: A Complete Guide to Improving Efficiency and Minimizing Costs in the Modern Warehouse, 2nd editionWarehouse Management explores the role of warehouses in the supply chain, and takes a comprehensive look at the workings of modern warehouse operations. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
23m 54s
By Gwynne Richards
AUDIOBOOK SUMMARY
Logistics, Supply Chain and Operations Management Case Study CollectionLogistics, Supply Chain, and Operations Management Case Study Collection is a compilation of case studies illustrating practical ways to overcome challenges in business today. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
17m 40s
By David B. Grant (ed)
AUDIOBOOK SUMMARY
The Lean Strategy: Using Lean to Create Competitive Advantage, Unleash Innovation, and Deliver Sustainable GrowthIn The Lean Strategy, the authors combine their rich experience with Lean to help you explore novel ways to think about business problems and find innovative solutions. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
20m
By Daniel Jones, Jacques Chaize, Michael Balle, Orest Fiume
AUDIOBOOK SUMMARY
Introduction to Global Logistics: Delivering the Goods, Second EditionIntroduction to Global Logistics, Second Edition offers a comprehensive overview of the logistics industry and how it shapes the modern global economy. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
20m 13s
By John Manners-Bell
Audiobook
Operations Management for DummiesThis audio edition is a plain-English guide to improving business operations and increasing efficiency.
13h 54m 53s
By Edward Anderson, Geoffrey Parker, Mary Ann Anderson
Audiobook
The Future of ManagementThis audio edition outlines the four crucial components necessary to create an innovation in management practice, and poses critical questions to help companies explore their existing management processes.
7h 55m 4s
By Gary Hamel
Audiobook
It's Not Luck: Marketing, Production, and the Theory of ConstraintsThis audio edition shows how to put powerful logical tools into effect at work to produce win-win solutions to seemingly impossible problems.
8h 30m 18s
By Eliyahu M. Goldratt
Audiobook
Going Lean: How the Best Companies Apply Lean Manufacturing Principles to Shatter Uncertainty, Drive Innovation, and Maximize ProfitsThis audio edition shows how, by using lean dynamics, companies everywhere can thrive across a broad range of changing conditions.
7h 22m 51s
By Stephen A. Ruffa
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SKILL BENCHMARKS INCLUDED
Operations Management
Successful companies follow fundamental practices of efficient operations management. Explore further to learn about and apply these practices. Efficient management of daily business operations is a critical component of reaching success. Learn how to implement best practices from experienced operations managers to prevent mistakes, maintain operations in flow, and keep your organization profitable and productive. This benchmark evaluates your understanding of this topic. Being aware of potential knowledge gaps allows you to better understand your current competency and areas for improvement, so you can find suitable content and curate your own learning path. The courses recommended at the end of this benchmark can help you fill potential gaps in your knowledge.
7m
| 7 questions