AN OVERVIEW OF EMERGING TRENDS IN OPERATIONS MANAGEMENT

Every organization is in business because it has products, services and in some cases a combination of the two (i.e. product and service), that it offers customers as a solution to a particular need or want they have. This implies that, the very core business of every organization is to get these products and services readily available to customers, through its operations. Operations Management as the oversight responsibility towards all the activities that differently affect a manufacturing or transformation process. It involves ensuring that everything is done right every step of the way, from the input or raw material stage; through the transformation or processing stage to the output or finished product/service stage. This paper explains the various emerging trends in Operations Management.