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Operations Management

Learn about efficient production & delivery processes with our Operations Management category. Maximize resources & improve performance.

Four types of production – Product types explained with examples

December 12, 2024 | By Hitesh Bhasin | Filed Under: Operations Management

Types o production - 5

There are 4 different types of productions which are most commonly used. Which type of production should be used by the company depends on the…

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7 Steps to Implement Kaizen in your Organization

November 29, 2024 | By Hitesh Bhasin | Filed Under: Operations Management

Implement Kaizen

Kaizen is the process of Continuous improvement wherein changes are made to the organization’s process either in one go or Step by step. One of…

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Four Factors Of Production And Their Role In Economy

September 7, 2018 | By Hitesh Bhasin | Filed Under: Operations Management

Factors Of Production - 2

Production by definition is the utilization of available economic resources to create things that satisfy human wants e.g. wheat and maize. It, however, is not…

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What are Operational Decisions and Their Role in Business?

September 16, 2023 | By Hitesh Bhasin | Filed Under: Operations Management

Operational decisions

In the dynamic world of business, operational decisions hold the key to efficiency and success. They’re the day-to-day choices that keep an organization operating smoothly….

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What is Absorptive Capacity? Definition & Explanation

September 18, 2023 | By Hitesh Bhasin | Filed Under: Operations Management

Absorptive capacity - 3

Absorptive capacity is an important concept for business owners in many industries. It refers to the ability of an organization to recognize and absorb new…

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