Operations Control
Once a decision has been made to design an operational plan of action, resource allocations are considered. After management has decided on a functional operations strategy by using marketing and financial plans of action, it determines what specific tasks are necessary to accomplish functional objectives. This process is known as operations control.
Operations control is defined as making sure that operations activities are carried out as planned. The major components of operations control are just-in-time inventory control, maintenance control, cost control, budgetary control, ratio analysis, and materials control. Each of these components is discussed in detail in the following sections.
Just-in-Time Inventory Control
Get Modern Management: concepts and skills, 14/e now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
