TY - JOUR
T1 - Evolution of operations management
T2 - Past, present and future
AU - Bayraktar, Erkan
AU - Tatoglu, Ekrem
AU - Jothishankar, M. C.
AU - Wu, Teresa
PY - 2007/10/10
Y1 - 2007/10/10
N2 - Purpose This paper seeks to analyze the evolution of shift in the area of operations management (OM) and attempts to anticipate potential developments in the relevant areas of OM. Design/methodology/approach A hybrid approach is adopted to understand how the field of OM has evolved over time relying on the perspectives of both academics and business practitioners. This evolution of shift in the area of OM is examined based on a thorough literature review and the authors’ industrial experience. Findings From the days of functional point solutions relying on concepts like reorder point to finite capacity planning, OM research at present deals with a set of important problems facing both private and public sectors at the organizational level. Most prominent of these include e-business, supply chain management, production planning and scheduling, product development, decision support systems, information-based strategy, systems development and implementation, risk and environmental management. OM has also embraced several organization-wide philosophies including lean production, mass customization and agile manufacturing. Practical implications With the advent of Internet and burgeoning of the new economy, this paper provides important insights regarding the evolution of OM in the past, recent developments at present and what the future holds for this field. It is envisaged that a focus on the issues central to OM will soon propel both researchers and industry practitioners beyond existing technologies and also provide the catalyst for developing new ones. Originality/value This paper provides useful insights to both researchers and practitioners who are interested in the field of OM.
AB - Purpose This paper seeks to analyze the evolution of shift in the area of operations management (OM) and attempts to anticipate potential developments in the relevant areas of OM. Design/methodology/approach A hybrid approach is adopted to understand how the field of OM has evolved over time relying on the perspectives of both academics and business practitioners. This evolution of shift in the area of OM is examined based on a thorough literature review and the authors’ industrial experience. Findings From the days of functional point solutions relying on concepts like reorder point to finite capacity planning, OM research at present deals with a set of important problems facing both private and public sectors at the organizational level. Most prominent of these include e-business, supply chain management, production planning and scheduling, product development, decision support systems, information-based strategy, systems development and implementation, risk and environmental management. OM has also embraced several organization-wide philosophies including lean production, mass customization and agile manufacturing. Practical implications With the advent of Internet and burgeoning of the new economy, this paper provides important insights regarding the evolution of OM in the past, recent developments at present and what the future holds for this field. It is envisaged that a focus on the issues central to OM will soon propel both researchers and industry practitioners beyond existing technologies and also provide the catalyst for developing new ones. Originality/value This paper provides useful insights to both researchers and practitioners who are interested in the field of OM.
KW - Lean production
KW - Operations management
KW - Resource management
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U2 - 10.1108/01409170710832278
DO - 10.1108/01409170710832278
M3 - Review article
AN - SCOPUS:84992925024
SN - 0140-9174
VL - 30
SP - 843
EP - 871
JO - Management Research News
JF - Management Research News
IS - 11
ER -