Explanation: World Class Operations Management (WCOM)

WCOM stands for the realization of operational management practices that ensure high performance and efficiency in operational processes. WCOM aims to meet excellent standards worldwide in terms of quality, productivity, supply chain, cost control and customer satisfaction.

Companies practicing World Class Operations Management strive for continuous improvement. This includes, for example, manufacturing processes, logistics / supply chain management and quality assurance. WCOM often uses quality management methods such as Lean Management and Six Sigma. WCOM implementation requires a holistic view of a company's value chain and the continuous adaptation and improvement of processes in order to meet changing market conditions.

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