// ROBOTICS AND SMART FACTORIES TERM

Operations Management

Operations management is the area of management concerned with designing, controlling, and overseeing the process of producing goods and services. It ensures efficiency in using resources.

Operations Management — illustration from Wikipedia
Image via Wikipedia

TECHNICAL DEFINITION

Operations Management is the administration of business practices to create the highest level of efficiency possible within an organization, converting materials and labor into goods and services, encompassing production planning, quality control, supply chain management, and resource optimization.

BACKGROUND

Operations management is concerned with designing and controlling the production of goods and services, ensuring that businesses are efficient in using resources to meet customer requirements.

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SYNONYMS & ALIASES

  • Production management
  • Supply chain management
  • Logistics management
  • Process management

USAGE NOTE

Effective operations management is vital for a company's profitability and customer satisfaction.

DEVELOPERS

Organizations developing technology related to Operations Management.

  • Siemens

    Develops the Opcenter software portfolio, a comprehensive Manufacturing Operations Management (MOM) solution that integrates MES, Advanced Planning and Scheduling (APS), and Quality Management Systems (QMS) for digitalized manufacturing operations.

  • Dassault Systèmes

    Offers the DELMIA brand, a suite of applications for collaborative manufacturing operations management. It enables digital continuity from engineering to production, covering planning, scheduling, and execution on the shop floor.

  • SAP

    Provides the SAP Digital Manufacturing Cloud, a solution that connects top-floor business systems with shop-floor equipment to drive performance management, execution, and data-driven insights for factory operations.

  • Rockwell Automation

    Offers a suite of software for operations management, including the Plex Smart Manufacturing Platform (a cloud-native MES and ERP system) and FactoryTalk solutions, to connect, manage, and optimize industrial operations.

  • Tulip Interfaces

    Provides a frontline operations platform that allows manufacturers to create no-code applications for shop floor workers. This empowers operators with digital work instructions, data collection, and real-time process visibility.

  • Samsara

    Develops the Connected Operations Cloud, an IoT platform that provides real-time visibility into vehicle fleets, equipment, and sites. It helps industrial companies manage logistics, safety, and efficiency across their physical operations.

  • GE Digital

    Creates industrial software, including the Proficy suite for Manufacturing Execution Systems (MES) and Asset Performance Management (APM). Their solutions help optimize equipment, processes, and worker efficiency.

  • Celonis

    Specializes in process mining and execution management software. The technology helps manufacturers visualize their end-to-end operational processes, identify bottlenecks in production and supply chains, and automate improvements.

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