Operational Strategy

Operational strategy in operations management refers to the plan and approach an organization uses to manage its resources effectively to achieve its business goals. This includes decisions about how to produce goods or services, optimize processes, manage supply chains, and ensure quality. A well-defined operational strategy aligns the day-to-day activities with the company's overall objectives, helping to improve efficiency, reduce costs, and enhance customer satisfaction. Essentially, it is about making the best use of resources to meet market demands and drive success.