Describe what the operations function is and how it relates to other business functions. Discuss the

Describe what the operations function is and how it relates to other business functions. Discuss the key factors that have contributed to the evolution of operations and supply chain management. Discuss how and why businesses operate globally, and the importance of globalization in supply chain management. Calculate and interpret productivity measures used for measuring competitiveness. Discuss the importance of operations and supply chain management to a firm’s strategy, and the process of developing, aligning and deploying strategy. What is Operations Management? design, operation, and improvement of productive systems What is Operations? a function or system that transforms inputs into outputs of greater value What is a Value Chain? a series of activities from supplier to customer that add value to a product or service

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