7.00 Understand marketing and business management.

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Presentation transcript:

7.00 Understand marketing and business management. 7.05 Understand operations’ role and function in business to value its contributions to the company. (supplemental)

Business Operations Common business operations: Facilities management Logistics Scheduling Safety and security

Business Operations Why would a business need to be concerned about management of their facilities? What is facilities management? Facilities management is managing the buildings and land of a business and ensuring that everything is used, repaired, and running properly. is

Business Operations How do businesses obtain their products and services in a timely manner to make available for customers? Logistics is managing the receiving, moving, and storing of supplies, materials, and finished products

Business Operations What is involved in scheduling work, people, and resources for a business? Scheduling involves managing work to be completed, the people who will complete the work, and the resources needed for completing the work. What is the purpose of a business managing safety and security? What is involved in safety and security for a business? Safety and security involves managing personnel being in place to prevent accidents and injuries of employees and customers and protect people and property.

Business Operations Management tools: Technology tools Operational plan Operating budget Schedule Procedures Standards Technology tools Supply chain management software Collaboration software Computer security Inventory Project Management Budgeting Document Management Manufacturing Automation