Operations management is one of the not so fancy fields in the area of management. As a matter for fact, most of the business schools just incorporate some of the relevant subjects from operations management in their curriculum anddo not offerthis as a specialization option. This has created acute shortage of professionals in the field but at the same time this domain plays the most critical role in shaping up operations and driving efficiencies for product based organisations. Any product based organization which is involved into procurement of raw material or components and converts them into finished products requires qualified professionals who can help them inplanning and execution of the strategies to maximise production, efficiency, cost effectiveness, timeliness and eventually boost their bottom line ie profitability of the company too. Operations management can be considered as an art as well as science which combine and processes various inputs like capit...