Mastering key operations management terms is essential for driving efficiency and success in any business. Supply chain processes ensure the smooth flow of goods and services, reducing delays and minimizing costs. Quality control enhances customer satisfaction by providing products that meet high standards and reduce defects. Workflow optimization boosts productivity by analyzing and refining processes, eliminating waste, and streamlining operations. Understanding these terms empowers organizations to make informed decisions, ultimately enhancing overall business performance and creating a solid foundation for sustainable growth.
Reference: https://www.linkedin.com/posts/fractional-interim-remote-coo-cmo_operation-management-terms-part-i-activity-7266065801932062721-q_yY