{"id":5712,"date":"2020-06-30T06:12:33","date_gmt":"2020-06-30T06:12:33","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=5712"},"modified":"2021-09-21T08:03:27","modified_gmt":"2021-09-21T08:03:27","slug":"operations-management-software","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/","title":{"rendered":"What is Operations Management Software?"},"content":{"rendered":"\n<p>Operations management software helps to make sure that all business operations, whether for services or products, are effective and efficient.<\/p>\n\n\n\n<!--more-->\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/operations-management-software.jpg\" alt=\"operations-management-software\" class=\"wp-image-5716\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/operations-management-software.jpg 1000w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/operations-management-software-300x200.jpg 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/operations-management-software-768x512.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption><strong>Around half of the companies are still using manual processes to do things they could be doing more efficiently with tools like operations management software.<\/strong><\/figcaption><\/figure><\/div>\n\n\n\n<p><em>You can also listen to this article:<\/em><\/p>\n\n\n\n<iframe loading=\"lazy\" title=\"What is Operations Management Software?\" allowtransparency=\"true\" height=\"150\" width=\"100%\" style=\"border: none; min-width: min(100%, 430px);\" scrolling=\"no\" data-name=\"pb-iframe-player\" src=\"https:\/\/www.podbean.com\/player-v2\/?i=mhx42-eadb77-pb&amp;from=pb6admin&amp;download=1&amp;share=1&amp;download=1&amp;rtl=0&amp;fonts=Arial&amp;skin=1&amp;btn-skin=3\"><\/iframe>\n\n\n\n<p>No matter what industry your business\nis part of, you&#8217;re probably looking for ways to boost your competitive\nadvantage. One way you can gain a significant edge is to adopt more effective\noperations than your competitors.<\/p>\n\n\n\n<p>Technology is already widespread in\nour personal lives, but it&#8217;s been a bit slower to take hold in many businesses.\n&nbsp;Around half of the companies are still\nusing manual processes to do things they could be doing more efficiently with tools\nlike operations management software.<\/p>\n\n\n\n<p>These companies are in jeopardy of\nfalling behind those that have already implemented operations management\nsolutions. Including these tools in your organization could be a significant\nstep toward improving your business.<\/p>\n\n\n\n<p>Here&#8217;s what you should know.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #343333;color:#343333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #343333;color:#343333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#What_is_operations_management_OM\" >What is operations management (OM)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#Why_is_operations_management_so_important_and_what_are_its_main_functions\" >Why is operations management so important, and what are its main functions?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#Finance\" >Finance&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#Planning\" >Planning<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#Operations\" >Operations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#Supply_chain_management_SCM\" >Supply chain management (SCM)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#Inventory_management\" >Inventory management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#Managing_Quality\" >Managing Quality<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#What_is_operations_management_software\" >What is operations management software?<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_operations_management_OM\"><\/span>What is operations management (OM)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Operations management is the business function that&#8217;s responsible for managing the process of producing and distributing goods and services. While it involves planning, organizing, coordinating, and controlling the resources to deliver these goods and services, there is much emphasis placed on the efficiency and effectiveness of the processes.<\/p>\n\n\n\n<p>Since operations management typically includes considerable measuring and analysis of internal processes, it is a management function that&#8217;s mainly concerned with managing people, equipment, technology, information, and any other resources that are necessary for the production of goods and services.<\/p>\n\n\n\n<p><em>You may also like an article about <a href=\"https:\/\/www.mrpeasy.com\/blog\/key-manufacturing-business-metrics\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Key Manufacturing Business Metrics<\/a>.<\/em><\/p>\n\n\n\n<p>Regardless of the industry, the\ncompany&#8217;s size, whether it is manufacturing or service, or is for-profit or\nnot-for-profit, operations management is a central function in every one of\nthem.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_operations_management_so_important_and_what_are_its_main_functions\"><\/span>Why is operations management so important, and what are its main functions?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In\nthe past, it was difficult to improve efficiency within a production facility\nbecause thorough insights and collaboration were missing in the organization.\nWith the implementation of operations management, however, there became more\naccountability and accuracy for delivering a product or project successfully. Operations\nmanagement performs vital functions that ultimately contribute to increased\nproduction within the operation. <\/p>\n\n\n\n<p>Here\nare those primary functions:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Finance\"><\/span>Finance&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Finance plays a critical role in\noperations management. Without the proper use of funds, it is difficult (or\nimpossible) to ensure that the goods and services you are producing are\noptimized to meet the needs of a substantial customer base.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Planning\"><\/span>Planning<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Planning helps organizations to make\nthe most of the resources they have available and to get a competitive\nadvantage. It has value in several areas of business:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Product planning<\/strong><\/li><\/ul>\n\n\n\n<p>This form of planning includes market\nresearch that helps to clarify the wants and needs of specifics groups of\npotential customers and how new products can best be provided for them. It\ncould identify both competitors and potential partners. The research could also\nadvise on the best terms in pricing the products and services and suggest ways\nto advertise and promote them.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Facilities planning<\/strong><\/li><\/ul>\n\n\n\n<p>Facilities and their maintenance add\nup to an expensive component of operations management. These costs make facilities\nmanagement one of the most important in the planning functions. Getting this right\nwill benefit the organization by making it possible to effectively and\nefficiently produce products and services within the plant. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Capacity Planning<\/strong><\/li><\/ul>\n\n\n\n<p>Capacity planning includes specifying\nhow many products or how much service will be produced and at what rate. This\nplanning will also involve predicting (forecasting) the demand for the products\nor services.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Operations\"><\/span>Operations<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The operations function is concerned\nwith planning, organizing, directing, and overall control of all activities\nwithin the business. It is the primary function of operations management because\nit mainly aids in turning raw materials and labor into a product or service\nthat customers want and can use.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Production planning<\/strong><\/li><\/ul>\n\n\n\n<p>Production planning is that part of operations in which all the inputs are converted into a product or service. It&nbsp;incorporates numerous elements, from the activities of employees to the ability to forecast delivery dates accurately. Without an effective <a href=\"https:\/\/www.mrpeasy.com\/production-planning\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"production planning (opens in a new tab)\">production planning<\/a> operation, a manufacturing process cannot take advantage of its full potential. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Scheduling <\/strong><\/li><\/ul>\n\n\n\n<p>Scheduling is another critical activity within the operations function. Highly effective and efficient organizations coordinate the timing of events to organize, monitor and optimize the equipment, people, and production activities. Scheduling has a significant impact on the productivity of the system.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Workflow management<\/strong><\/li><\/ul>\n\n\n\n<p>Workflow management is creating and enhancing the paths for data so that the company can produce items in a particular process. It includes charting the workflow in an ideal state, finding unneeded tasks, automating wherever possible, and finding bottlenecks and areas for improvement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Supply_chain_management_SCM\"><\/span>Supply chain management (SCM)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Supply chain management refers to the\nvarious activities that are required to plan, control, and execute a product&#8217;s movement\nfrom materials to production to distribution\u2014all in the most economical way\npossible.<\/p>\n\n\n\n<p>The goal of SCM is to optimize this\nflow of materials, information, and capital in functions that\ninclude&nbsp;demand forecasting, sourcing, production, and&nbsp;inventory\nmanagement, along with storage and transportation. Companies use often use\ndedicated software to manage their supply chain and obtain a competitive\nadvantage.<\/p>\n\n\n\n<p>Supply chain management is a complex\nundertaking that relies on each partner&#8211;from suppliers to manufacturers&#8211;to\nrun smoothly. Effective supply chain management requires collaboration and risk\nmanagement to ensure communication and alignment among all the participants.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Inventory_management\"><\/span>Inventory management<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Inventory is made up of unprocessed materials, finished goods, supplies, and works-in-process. <a href=\"https:\/\/www.mrpeasy.com\/inventory-management\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Inventory management (opens in a new tab)\">Inventory management<\/a> is that portion of supply chain management that directs those items from manufacturers to storage to where they are sold. Companies must strike a balance between the size of their inventory and their actual rate of sales. With too much stock, companies cannot recover their costs from sales promptly. Too little inventory means lost revenue because the company is unable to meet customer demand.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Managing_Quality\"><\/span>Managing Quality<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Quality management is a critical aspect of operations management, especially as it pertains to continuous improvement. <em>Quality control<\/em> is part of quality management that focuses on fulfilling quality requirements. While quality control is mostly the inspection feature of quality management, <em>quality assurance<\/em> refers to how the process is performed or how a product is manufactured. &nbsp;Other advancements in the area of quality include benchmarking and Total Quality Management.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_operations_management_software\"><\/span>What is operations management software?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Operations management software brings\ntogether all the components of the system to make sure that all business\noperations, whether for services or products, are effective and efficient. It streamlines\nthe processes as much as possible to help organizations make the most of their\nresources, achieve excellent results, and increase their potential for higher\nprofits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operations management software helps to make sure that all business operations, whether for services or products, are effective and efficient.<\/p>\n","protected":false},"author":4,"featured_media":5716,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[94,93],"tags":[296,50,317,3,4,313,312,314,157,315,169,316],"class_list":["post-5712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tips","category-production-planning","tag-capacity-planning","tag-inventory-management","tag-managing-quality","tag-manufacturing","tag-manufacturing-software","tag-operations-management","tag-operations-management-software","tag-product-planning","tag-production","tag-scheduling","tag-supply-chain-management","tag-workflow-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Operations Management Software? - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Operations management software helps to make sure that all business operations, whether for services or products, are effective and efficient.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Operations Management Software? - Blog for Manufacturers and Distributors\" \/>\n<meta property=\"og:description\" content=\"Operations management software helps to make sure that all business operations, whether for services or products, are effective and efficient.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-30T06:12:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-21T08:03:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/operations-management-software.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Karl Heinrich Lauri\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Karl Heinrich Lauri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"What is Operations Management Software?\",\"datePublished\":\"2020-06-30T06:12:33+00:00\",\"dateModified\":\"2021-09-21T08:03:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/\"},\"wordCount\":1127,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/operations-management-software.jpg\",\"keywords\":[\"Capacity Planning\",\"inventory management\",\"Managing Quality\",\"manufacturing\",\"manufacturing software\",\"Operations Management\",\"Operations Management Software\",\"Product planning\",\"production\",\"Scheduling\",\"Supply Chain Management\",\"Workflow management\"],\"articleSection\":[\"Manufacturing Tips\",\"Production planning\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/operations-management-software\/\",\"name\":\"What is Operations Management Software? 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