Who uses Industrial & Operations Management?
All businesses, including for profit and not-for-profit, manufacturing and services, use IOM. These businesses have to make forecasts, manage day-to-day operations, schedule personnel and equipment, manage quality and inventory, work with suppliers, and undertake projects. While IOM has always been important in manufacturing, service organizations are discovering the importance of being able to effectively and efficiently manage operations. Financial services and health care industries have been on the leading edge in using IOM to improve operations. Company expenditures on programs such as Six Sigma, total quality management, and operational risk management, are in the billions of dollars. Skills for Industrial & Operations Management majors include: • Analytical problem solving • Communication skills • Organizational skills • Computer skills • Attention to detail Who uses Management Information Systems? All businesses use MIS to make forecasts, manage day-to-day operations, schedule
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