What is Operation Management? | Duties and Responsibilities in Operation Management

In this video, I have discussed " what is operation management?"
Operations management is an area of management involved in planning, conducting the process of production and redesigning business operations in the production of goods or services. It requires planning, organizing, and inspecting the organization’s processes to balance revenues and costs to get the highest possible operating profit.
Topics I have covered in this video are -
What operation management is? Define operation management, functions of operations management,
role of operation management, Nature of Operations Management, Duties and Responsibilities in Operations Management or what does operation management do, and Benefits of Operations Management.

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0:00 Introduction
1:42 Product Design
2:12 Forecasting
2:40 Supply Chain Management
3:27 Delivery Management
3:56 1. Product Quality
4:14 Productivity
4:33 3. Customer Satisfaction
4:53 Maximize Revenue
5:25 Improve Innovation