Principles of Operations Management Chapter 1-2-3

Learning Log 1 – Chapters 1-2-3: Chapter 1 I was very excited about the first session of the OM course and that was totally justified by the end of this session. This was the step, a stimulus towards being a future Business person. And for which it was very vital for me to know how a business organization manages the various processes associated with its goods and services. As a future Operation Manager it’s my responsibility to be cognizant about the know-how of what exactly my roles would then be. I learnt that OM in simple terms is a collection of processes that helps creating a service or a good starting from its input phase giving us the most appropriate output. The basics learnt were the fundamental difference between Goods and†¦show more content†¦The example of steps taken by Starbucks towards increasing their that, by just not taking the signatures of the customers, reducing the size of Ice cubes, and installing new coffee vending machines improved their productivity almost five folds! Also here I remember an example given by Mr. Prentice Dees, The Sr. Vice President VP of The Bank of America recently in his lecture on Cloud Computing, wherein he explained how a certain company eventually came with the solution of placing a huge fan just to blow off the cartons that were left empty due to some operational spoof. This shows how simple ideas can solve major problems sometimes. The challenges that a company meets in terms of its resources, productivity and growing demand from user’s end depend upon factors like Labor, Capital and Management. This prepares me to taken proper measures in my personality so that in future I am able to face these challenges and also tackle them successfully. Also the increasing scope towards the Ethical businesses makes me realize that it can only be developed and maintained when we lead a life with morals. Adhering to one’s ethics is the most difficult part of the life and so it becomes critical in business too. Finally the introductory session provided me with the guidelines towards not only becoming a successful Business person but also a disciplined and moralistic individual. Chapter 2 One of the most logical chapters uptil now. Here IShow MoreRelatedLogistics: Management and Supply Chain1566 Words   |  7 PagesMinor Logistics Operations Presentatie titel MIRBSLM114OP N.J. Osentoski-Monsma A. 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