What does operations management primarily focus on?

Operations management primarily focuses on generating revenues and controlling costs and expenses. This area of management is essential because it deals with the day-to-day activities involved in running an organization effectively and efficiently. Operations managers are tasked with ensuring that the company's processes are streamlined, which helps to increase productivity and minimize costs.

By focusing on generating revenues, operations management looks at how to optimize processes to provide high-quality goods and services that meet customer needs, ultimately driving sales and profits. Controlling costs is equally important as it involves managing operational expenses and resources to maximize profitability. This dual focus on revenue generation and cost control helps organizations maintain a competitive edge in their respective markets.

While managing the supply chain is certainly an important aspect of operations management, it is a subset of the broader goal of improving overall operational efficiency. Similarly, investing in new technologies and maximizing market share are strategies that can support operations management but are not the primary focus of the discipline.