Impacts of Technology on Operations Management: Adoption, Adaptation, and Optimization

Book excerpt: The impact of technology on operations management reshapes how organizations approach adoption, adaptation, and optimization of their processes. As businesses integrate advanced technologies such as automation, data analytics, and artificial intelligence, they are revolutionizing operational efficiency. The adoption of these technologies helps streamline workflows while enhancing decision-making capabilities. Adaptation strategically implements these innovations to align with organizational needs, while optimization drives continuous improvement by enabling precise performance tracking and predictive analytics. More exploration into these technological advancements may assist businesses in refining their operations, reducing costs, and achieving greater competitive advantage in today’s market. Impacts of Technology on Operations Management: Adoption, Adaptation, and Optimization examines the impact of technology on operations management within organizations. It explores solutions for business optimization, quality management, and product development using technology like AI, IoT, smart and digital technology, and data algorithms. This book covers topics such as circular economy, digital technology, and supply chains, and is a useful resource for computer engineers, managers, business owners, economists, scientists, academicians, and researchers.