Get 0% discount. Hurry now while offer last till 05.11.2020 12:00

MBA 801 PRODUCTION AND OPERATIONS MANAGEMENT

Course Summary

Table of Content

Share
  • Production and Operations Management
  • Operations strategy
  • FORECASTING IN POM
  • The Meaning of Process Management
  • Introduction to Job Design
  • The Meaning and Role of Technology
  • Definition of Site Selection
  • An Overview of Supply-Chain Management
  • Purpose of Inventories
  • Production - Planning Hierarchy
  • Function and Characteristics of LP
  • MATERIAL REQUIREMENTS PLANNING
  • JUST-IN-TIME SYSTEM
  • PROJECT MANAGEMENT
  • Productivity
  • WORK METHODS
  • WORK MEASUREMENT
  • LEARNING CURVES
  • TOTAL QUALITY MANAGEMENT
  • MAINTENANCE AND RELIABILITY
Sample content.
Production and Operations Management

Production and Operations Management (POM) is a field of study that focuses on managing the processes and systems involved in producing goods and services. It involves designing, planning, organizing, and controlling the resources and activities required to produce goods and services efficiently and effectively.

POM encompasses a wide range of activities, including product design, quality control, process design, inventory management, supply chain management, and scheduling. The goal of POM is to optimize production processes, reduce costs, improve quality, and increase efficiency.

In addition to manufacturing, POM also applies to service industries, such as healthcare, transportation, and hospitality. The principles of POM can be applied to any organization that produces goods or provides services.

Some key topics in POM include:

  • Capacity Planning - determining the capacity required to meet demand for products or services.
  • Production Planning - planning and scheduling production processes to meet demand and optimize resources.
  • Quality Management - ensuring that products or services meet customer requirements and standards.
  • Inventory Management - managing inventory levels to ensure that products are available when needed, while minimizing inventory costs.
  • Supply Chain Management - managing the flow of goods and services from suppliers to customers.
  • Lean Manufacturing - a set of principles and techniques aimed at reducing waste and increasing efficiency in production processes.

Overall, POM plays a critical role in helping organizations to achieve their production goals, meet customer needs, and stay competitive in the market.

Manufacturing and Service Operations

Manufacturing operations and service operations are two different types of operations that require different strategies due to the nature of their processes.

Manufacturing operations involve the production of physical goods, typically in a factory or plant. The focus is on transforming raw materials into finished products through a series of manufacturing processes. The key considerations in manufacturing operations include production planning, inventory management, quality control, capacity planning, and process design.

Service operations, on the other hand, involve the production and delivery of intangible services, such as healthcare, education, and consulting services. The focus is on delivering a service that meets the customer's needs and expectations. The key considerations in service operations include service design, customer experience, capacity planning, service quality, and workforce management.

While there are some similarities in operations strategy between manufacturing and service operations, there are also some differences. For example, in manufacturing operations, the focus is on optimizing the production process, while in service operations, the focus is on optimizing the customer experience. In manufacturing operations, there is a physical inventory of goods, while in service operations, there is no inventory of services.

Overall, the operations strategy for manufacturing operations and service operations must be tailored to the specific nature of the industry and the organization's goals and objectives. Effective operations strategy can help improve efficiency, reduce costs, and increase customer satisfaction in both manufacturing and service operations.

The Historical Evolution of Production and Operations Management

The historical evolution of Production and Operations Management (POM) can be traced back to the early stages of the Industrial Revolution in the 18th century. The following are the major stages of the evolution of POM:

Craft Production (18th to 19th century): Before the industrial revolution, goods were produced in small batches by skilled craftsmen. The production process was slow and relied heavily on manual labor.

Industrial Revolution (Late 19th century): The Industrial Revolution brought in mass production methods, using interchangeable parts and assembly line production. This led to the development of modern manufacturing techniques and the creation of large-scale factories.

Scientific Management (Early 20th century): Frederick Taylor's scientific management approach focused on improving efficiency and productivity through the use of time and motion studies. The aim was to optimize the work process and improve worker efficiency.

Quality Control (1930s to 1950s): Quality control methods, such as statistical process control and quality assurance, were introduced to improve the quality of products and reduce waste.

Lean Manufacturing (1960s to 1990s): The Toyota Production System introduced lean manufacturing, which focused on reducing waste and increasing efficiency through continuous improvement and just-in-time production.

Total Quality Management (1980s to present): Total Quality Management (TQM) is a holistic approach to quality management that involves the entire organization in quality control and continuous improvement efforts.

Supply Chain Management (1990s to present): Supply chain management involves managing the flow of materials and information from suppliers to customers. It includes decisions regarding supplier selection, inventory management, and transportation logistics.

Industry 4.0 (2010s to present): Industry 4.0 is a new era of manufacturing that integrates technology, such as the Internet of Things (IoT), artificial intelligence, and robotics, into the production process to improve efficiency and productivity.

Overall, the evolution of POM has been driven by the need to improve efficiency, reduce waste, and increase productivity. The various stages of development have resulted in the creation of new methods, techniques, and technologies that have transformed the production and operations management landscape over time.