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genesis in the factories creating innovations

Operations management, operations research, and supply chain management

Operations management is concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. Operations research deals with quantitative models of complex operations and uses these models to support decision-making in any sector of industry or public services. Supply chain management is the process of planning, implementing and managing the flow of goods, services and related information from the point of origin to the point of consumption.[12]

Management of technology

The Management of Technology (MOT) theme builds on the foundation of management topics in accountingfinanceeconomicsorganizational behavior and organizational design. Courses in this theme deal with operational and organizational issues related to managing innovation and technological change.[12][13]

New product development and product engineering

New product development (NPD) is the complete process of bringing a new product to market. Product engineering refers to the process of designing and developing a device, assembly, or system such that it be produced as an item for sale through some production manufacturing process. Product engineering usually entails activity dealing with issues of cost, producibility, quality, performance, reliability, serviceability, intended lifespan and user features. Project Management techniques are used to manage the design and development progress using the phase-gate model in the product development process. Design for manufacturability (also sometimes known as design for manufacturing or DFM) is the general engineering art of designing products in such a way that they are easy to manufacture.

Systems engineering

Systems engineering is an interdisciplinary field of engineering and engineering management that focuses on how to design and manage complex systems over their life cycles.

Industrial engineering

Industrial engineering is a branch of engineering which deals with the optimization of complex processes, systems or organizations. Industrial engineers work to eliminate waste of time, money, materials, man-hours, machine time, energy and other resources that do not generate value.

Management science

Management science uses various scientific research-based principles, strategies, and analytical methods including mathematical modeling, statistics and numerical algorithms to improve an organization’s ability to enact rational and meaningful management decisions by arriving at optimal or near optimal solutions to complex decision problems