What Do We Mean by Pom?

Production and Operation Management Chapter One: an introduction What do we mean by POM? POM is the management of operation system within the organization, which converts inputs into the organization’s products and services. Discuss the relationship between POM and other organization’s functions? Three basic functions in a typical business organization: - Finance - marketing - production operations The production operations integrates with marketing and finance to accomplish the desired overall organization objectives; under the management control which plan, organize, and direct those functions. (1) Production operations…this function consist of all activities that are directly related to producing goods or providing services. Thus, it exists not only in manufacturing and assembly operations عمليات التصنيع والتجميع, which are goods-oriented, but also in service-oriented areas such as (healthcare, transportation and, retailing) It’s responsible for the creation of an organization’s end outputs, either goods or services (2) Marketing…is all activities that guarantee the flow of goods and services from the producers to the consumers. Nowadays, marketing as a function provides the 4Ps: promotion, product, price, and place. (3) Finance…include all activities relates to securing resources at favorable prices and allocating those resources throughout the organization.
Mr.Mohamed Abdel Aaty
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How those functions overlap? (A) Production and Marketing In manufacturing, they work together whereas, marketing promotes goods that production cannot profitably produce (because of costs and prices), and production may reproduce items for which there is no demand. Operations always ask and need information about market demand, product design, and current products. Thus, marketing can supply information on consumer preferences. (B) Production and Finance Finance people should provide information on what funds might