Operations Management And Strategic Management (OMSM) (Paper-9) CMA Inter Group 2

SECTION A: OPERATIONS MANAGEMENT [60%]

1. Introduction - 5%

• Scope
• Characteristics of Modern Operations Functions
• Recent Trends in Production and Operations Management

2. Operations Planning - 5%

• Demand Forecasting
• Capacity Planning
• Facility Location and Layout
• Resource Aggregate Planning
• Material Requirements Planning
• Manufacturing Resource Planning
• Economic Batch Quantity

3. Designing of Operational Systems and Control - 5%

• Product Design
• Process Design and Selection
• Product Life Cycle
• Process Planning and Selection
• Design Thinking

4. Application of Operation Research - Production Planning and Control - 20%

• Introduction
• Production Planning and Control
• Control Measures – Time & Motion Study, Method Study, Work Study
• Optimum Allocation of Resources - LPP
• Transportation
• Job Evaluation, Job Allocation - Assignment
• Scheduling and Queuing Models
• Simulation and Line Balancing
• Lean Operations
• JIT

5. Productivity Management and Quality Management - 5%

• Measurement Techniques of Productivity Index
• Productivity of Employee
• Productivity of Materials
• Productivity of Management Resources
• Productivity of other factors
• Productivity Improving Methods
• TQM Basic Tools and Certification
• ISO Standards Basics

6. Project Management, Monitoring and Control - 15%

• Project Planning
• Project Life Cycle
• Gantt Charts
• PERT and CPM
• Basics of MS Project

7. Economics of Maintenance and Spares Management - 5%

• Breakdown Maintenance
• Preventive Maintenance
• Routine Maintenance
• Replacement of Machine
• Spare Parts Management

SECTION B: STRATEGIC MANAGEMENT [40%]

8. Introduction - 10%

• Introduction to Strategy and Strategic Management
• Alignment of Strategy with Vision, Mission and Culture
• Objectives of Strategic Management
• Organisational Genomics
• Alignment with Individual Level Objective and Organisational Objective
• Balanced Score Card
• EVA – Driven Responsibility Accounting

9. Strategic Analysis and Strategic Planning - 10%

• Analysis of Business Environment
• PESTEL, Value Chain and Porter’s 5 Framework
• SWOTC Analysis (Industry Sector and Company)
• Portfolio Analysis and BCG Matrix
• Stages in Strategic Planning
• Alternatives in Strategic Planning

10. Formulation and Implementation of Strategy - 10%

• Strategy Formulation - Production Strategy, Supply Chain Strategy, Marketing Strategy, Human Resource Strategy
• Structuring of Organisation for Implementation of Strategy
• Strategic Business Unit
• Business Process Re-engineering
• Management Control, Operational Control and Task Control
• Goal Congruence

11. Digital Strategy - 10%

• Introduction
• Digital Transformation for Competitive Advantages
• Innovations and Disruptive Business Models
• Emerging Trends in Digital and Social Marketing Strategies