Career paths in Operations Management are rather broad, and operations in one company may mean something different in another company. Based on the need, a company may be looking for operations specialists for developing operation strategies, improving processes, manage projects, manage in house operations, input and output supply chains, etc. Here, we have listed a few of the career paths in operations management that are seen at Rotman. However, it is advised that students network with industry professionals to learn more about operations careers in different companies.
Financial Services:
Popular operations roles:
· Process Management
· Process & Innovation Analyst
· Tech Ops
These roles can be with various business units within a bank such as capital markets, payments processing or even with the Tech and ops teams which operate at the enterprise level. Most process improvement roles involve current state analysis of existing processes and procedures, to identify areas for improvements. Use methods such as value stream analysis, lean six sigma techniques to develop solutions for future state and then present them to senior management.
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Logistics & Retail:
Popular operations roles:
· Supply Chain Strategy and Innovation
· Sourcing and Procurement
· Operations Management
These roles usually leverage data to manage and improve business and warehouse operations, manage vendors, schedule procurements, develop and improve sourcing strategy, collaborate with procurement to deliver cost reduction projects, streamline business processes and implement growth and product strategies aligned with the goals of the company.
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Consulting:
Popular operations roles:
· Supply Chain Consulting
· Operations Consulting
Operations focussed consulting firms usually take up projects such as process assessment and improvement aimed to minimize costs and maximize efficiency of operations and business processes in healthcare, retail, manufacturing, and energy sectors, leveraging technology, LSS techniques etc.
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Healthcare:
Popular operations roles:
· Process Improvement
· Internal Consulting
These roles often involve project management and delivery, implementing strategies to streamline operations and business processes, monitoring performance, etc.
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Technology:
Popular operations roles:
· Process Improvement
· Tech-ops
· Automation
· Project Management
Tech ops roles are rather popular and involve project management, automation and digitization of business processes, reporting and analytics on performance, developing and implementing plans to leverage technology to optimize business processes.
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Manufacturing:
Popular operations roles:
· Line management
· Project management
· Quality Assurance
· Supply Chain management
· Production Planning
· Process Improvement
Most roles in Manufacturing are operations related, and range across project management, managing and streamlining shop floor operations using LSS, quality testing and assurance, managing performance targets and budgets, Monitoring and setting up KPIs to track performance, oversee production and planning processes, etc.
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