What is Operations Management and the Transformation Model

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  • Опубликовано: 16 июл 2024
  • #operationsmanagement #Operations #transformationmodel
    Link to full Operations Management Course: • Operations Management ...
    Operations management is essential. The transformation model is a conceptual framework used in operations management to understand how inputs are transformed into outputs. It is a way to represent the various activities and processes that take place within an organization, and how they work together to create value for customers.
    The transformation model consists of three key elements: inputs, transformation processes, and outputs.
    Inputs: These are the resources that are used to create the outputs. Examples of inputs include raw materials, labor, energy, and capital.
    Transformation processes: These are the activities that transform the inputs into outputs. Examples of transformation processes include manufacturing, assembly, transportation, and service delivery.
    Outputs: These are the products or services that are created as a result of the transformation processes. Examples of outputs include finished goods, services, and information.
    The transformation model can be used to analyze and improve operations within an organization by identifying bottlenecks, inefficiencies, and areas for improvement. By understanding how inputs are transformed into outputs, organizations can optimize their processes to increase efficiency, reduce costs, and improve customer satisfaction.
    Chapters:
    00:00 Intro
    00:07 What is Operations Management?
    00:30 The Transformation Model
    01:27 The Transformation Model Example
    01:51 Key Takeaways
    References used in this video.
    learn.saylor.org/mod/page/vie...
    Connect with me on Social Media
    www.derrickhaywood.com/
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Комментарии • 20

  • @user-ip8ys7be9e
    @user-ip8ys7be9e 21 день назад +1

    Amazing, thank you! Definitely checking out the entire series!

  • @khalhank2871
    @khalhank2871 9 месяцев назад +4

    Appreciate you so much. Thank you for making these.

    • @drdhaywood
      @drdhaywood  9 месяцев назад

      My pleasure! I’m glad they help.

  • @Lecias_hair_
    @Lecias_hair_ 2 месяца назад +1

    Beautifully done ❤

  • @AiBLIFE
    @AiBLIFE Год назад +1

    Thank you so much! Perfect Timing!!!

  • @DavidRamirez-lw8lp
    @DavidRamirez-lw8lp 9 месяцев назад +3

    Thanks!

    • @drdhaywood
      @drdhaywood  9 месяцев назад +1

      You’re welcome and Thank you for your kindness.

  • @me_fwd
    @me_fwd 5 месяцев назад +1

    Great!

  • @zirakabd
    @zirakabd 7 месяцев назад +1

    Thank you so much..

    • @drdhaywood
      @drdhaywood  7 месяцев назад

      You're most welcome.

  • @SilvermanMan
    @SilvermanMan Год назад +1

    Thank you so much!!!!

  • @robfrazier7854
    @robfrazier7854 6 месяцев назад

    Great job, I just wish they didn't all have the intro music so it would be easier to listen to them on repeat :)

    • @drdhaywood
      @drdhaywood  6 месяцев назад

      Thanks! I'll keep this in mind for new videos.

  • @Vikermajit
    @Vikermajit 11 дней назад +1

    Forgive me, for saying this sir, but you said a few times, that operations management adds value 'to' the customer...value added is to the product (goods or services) making them ready to be sold as valuable goods for customers to purchase and consume...