Operations Management Short Paper
Explore the below content deeper and apply key concepts and theories.
· Evaluate the influence of operations functions on generating value for a firm and its customers
· Explain theories and techniques used by operations managers for informing production processes
· Accurately apply problem-solving and decision-making skills to real-world problems using quantitative and qualitative methodologies
· Integrate emerging principles into operations management functions by addressing corporate responsibility and environmental sustainability
Develop a listing of what are the most important metrics for operations managers. (Hint: Be sure to consider the triple bottom line.)
· How does each metric support the overall financial performance of the organization?
· What data would be used to support this metric and how would you ensure that the data are of sufficient quality?
· How does data analytics support your metrics?
Be sure to fully explain your rationale for selecting these metrics.
Guidelines: 3-4 page Word document with double spacing, 12-point Times New Roman font, and one-inch margins