Convergence of Technology and Operations Management in Modern Businesses

Book excerpt: In the modern business landscape, the intersection of technology and operations management is driving efficiency and innovation. As organizations continue to rely on advanced technologies, such as artificial intelligence, data analytics, and automation, they are transforming their operational strategies to enhance productivity, streamline processes, and deliver valuable products. Aligning technological advancements with operational goals allows companies to achieve a competitive edge, improve customer satisfaction, and unlock new growth opportunities. Businesses must continue to explore this convergence to adapt their operations successfully and invest in necessary skills to connect technology with business processes. Convergence of Technology and Operations Management in Modern Businesses explores the intersection of technology and operations management in the modern business environment. It covers technological advancements for revolutionized operations and supply chain management for increased efficiency and competitiveness. This book covers topics such as smart banking, blockchain, and human capital, and is a useful resource for financial professionals, bankers, business owners, data scientists, computer engineers, academicians, scientists, and researchers.