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Operations management UNIT-2 Lets start boiling water on our gas stove and getting our notes within minutes😌 Okay!! To get completely into the syllabus of this subject Operations Management lovably called as just OM, please come here 👉💌 We will cover three broad headings in this UNIT: Material management, Purchase system and Inventory control NOTES OF UNIT-1 Material Management "The process of controlling the materials involved in the manufacturing process of a product by a company is known as Material Management." Material management is a wide term which includes every kind of material used for producing a particular product. (It can be raw material, it can be cost of product designing, it can be packaging, it can be supply cost, it can be storage cost, it can be data Analytics, etc). Material Management involves all these materials which are used as the input directly or indirectly to produce the final output. Scope of Material Management It is in: Material planning  Mat...

 Principles of Management  Lets start boiling water on our gas stove and getting our notes within minutes😌 Okay!! To get completely into the syllabus of this subject Principles of Management lovably called as POM  Click here We will start with unit-1  Topic-Management Unit - 1 Management In simple terms, management is an art of getting things done by others. The term "management" stands for the act of planning,organising,directing & controlling the activities of human beings and physical resources in order to attain a common objective. According to Louis Allen, " Management is what a manager does." According to James D. Mooney & Allan C. Reiley, " Management is the art of directing and inspiring people" 《 HEADINGS COVERED UNDER THIS TOPIC ARE Nature, Scope, Process/Functions, Levels,  Significance & Managers with their functions and of course "The great management theories"😌.》 Nature of management 1. Continuous process  As all the f...