"Operations refer to activities that businesses engage in on a daily basis to increase the value of the enterprise and earn a profit. The activities can be optimized to generate sufficient revenues to cover expenses and earn a profit for the owners of the business. Operations management (OM) is the administration of business practices to create the highest level of productivity possible within an organization. It is concerned with converting materials and labour into goods and services as proficiently as possible to maximize the profit of an organization. In simple terms, it involves planning, organizing, coordinating, and controlling all the resources needed to produce a company's goods and services. Receivables are debts owed to a company by its customers for goods or services that have been delivered or used but not yet paid by any client. It is also known as accounts receivable. Receivable management is the process of ensuring that customers pay their dues on time. It refers to the planning and controlling of the debt owed on account of credit sales. The presentation gives details on receivable and operation management"

Prachi Garg

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