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Introduction to Operations Management: Enhancing Value through Strategic Practices

This course, led by Mark A. Thompson at the Rawls College of Business, provides a comprehensive overview of operations management and its critical role in enhancing organizational value. Students will explore strategies to increase revenues, reduce costs, and manage risks effectively. Topics include supply chain management and case studies, emphasizing practical application of concepts. Key assignments and project presentations will be due throughout the course, fostering collaboration and hands-on experience in operational strategies.

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Introduction to Operations Management: Enhancing Value through Strategic Practices

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  1. Operations Management & Management Science(Course Introduction) Mark A. Thompson Rawls College of Business mark.thompson@ttu.edu 806-742-1535

  2. Course Syllabus • Course Description • Learning Outcomes • Course Materials • Course Requirements and Assignments • ALL ASSIGNMENTS SHOULD BE TURNED IN OR EMAILED TO MARK THOMPSON (mark.thompson@ttu.edu) • In subject line, “ISQS 5343 Assignment #X” and group (i.e., A09, WeekBlock 10G or 10M)

  3. Overall Perspective of Course • Ways to increase VALUE? • Increase REVENUES • Decrease COSTS • Decrease (or manage) your RISKS

  4. Course Schedule(Saturday, May 28) • Increasing REVENUE through operations management • Mark Thompson and Lowell Lay • Decreasing COSTS through operations management • Phil Flamm

  5. Course Schedule(Sunday, May 29) • Managing operational RISKS • Mark Thompson • Supply chain management and case study • Qing Cao and Brad Ewing

  6. Due Dates • Project Presentations & Assignments #1-4 • Due Saturday, August 13 • Assignments #5 & #6 • Due Monday, December 5

  7. Questions All assignments go to: Mark Thompson mark.thompson@ttu.edu

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