Question

One of the major goals of operations management (om) is to increase the efficiency of processes. Which om activity has the largest potential to increase the efficiency level of a company?

1) Inventory management
2) Quality control
3) Supply chain optimization
4) Employee training

Answer 1

Supply chain optimization is the om activity with the largest potential to increase the efficiency level of a company. It involves the coordination and integration of various processes, including sourcing, procurement, production, logistics, and distribution.

Step-by-step explanation:

The om activity that has the largest potential to increase the efficiency level of a company is supply chain optimization.

Supply chain optimization aims to streamline the flow of materials, information, and finances across the entire supply chain, resulting in reduced costs, improved delivery times, and enhanced customer satisfaction.

Efficient supply chain management can help eliminate bottlenecks, reduce inventory holding costs, minimize lead times, and optimize transportation routes.

It involves the coordination and integration of various processes, including sourcing, procurement, production, logistics, and distribution.