Operations management refers to service as well as manufacturing organizations that's why operations management is a more encompassing term than production management.
Operations management is a district of management concerned with planning and dominating the method of production and redesigning business operations in the assembly of goods or services. It involves the responsibility of guaranteeing that business operations are efficient in terms of victimization as few resources pro re nata and effective in meeting client requirements.
It cares about managing a whole production or service system which is the process that converts inputs (in the shapes of raw materials, labor, consumers, and energy) into outputs (in the form of products and/or services for consumers). Operations manufacture products, manage quality, and make services. Operation management covers sectors like banking systems, hospitals, and organizations, operating with suppliers, and customers, and using technology.
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