This operations management full course provides a complete introduction to one of the most important areas in business and supply chain management. It is designed for beginners and learners who want to understand how organizations produce goods and deliver services efficiently.
The course begins with a clear explanation of operations management and its role in transforming inputs such as labor, materials, and resources into finished products and services. You will also learn about the transformation model, which shows how value is created within a business system.
Next, the course explores inventory management, one of the key areas in operations. You will understand how businesses control stock, reduce waste, and maintain efficiency in supply chains. This includes important concepts such as EOQ (Economic Order Quantity), EPQ (Economic Production Quantity), ABC analysis, Vendor Managed Inventory (VMI), and Just-In-Time (JIT) systems.
In addition, the course introduces demand planning, helping you understand how businesses forecast customer demand. You will learn about different types of demand, including seasonal, peak, unexpected, and chase demand, and how companies adjust their operations accordingly.
By the end of this course, you will have a strong foundation in operations management and understand how businesses optimize processes, manage inventory,
