Production and Operations Management

Presented byVISHNU.VISWAMBHARAN

CONTENTS

• OBJECTIVES• BENEFITS OF PRODUCTION

MANAGEMENT• FUNCTIONS OF PRODUCTION

MANAGEMENT

OBJECTIVES

• PRODUCE DESIRED PRODUCT OR SPECIFIED PRODUCT BY SPECIFIED METHOD AT OPTIMAL UTILIZATION OF RESOURCES

• MARKETABLITY OF THE PRODUCT • CHEAPEST PRICE BY PROPER

PLANNING ,MANPOWER,MATERIAL AND PROCESS.• DELIVER RIGHT GOODS OF RIGHT QUALITY AT

RIGHT PLACE AND AT RIGHT PRICE.

IF ALL THESE FACTORS ARE SATISFIED WE CAN SAY IT IS EFFECTIVE PRODUCTION MANAGEMENT SYSTEM .

BENEFITS OF PRODUCTION MANAGEMENT

• CONSUMER• INVESTOR • EMPLOYEE• SUPPLIERS• COMMUNITY • THE NATION

CONSUMER

• BENEFITS OF IMPROVED INDUSTRIAL PRODUCTIVITY

• AVAILABLITY AT RIGHT PRICE AT RIGHT PLACE AT RIGHT TIME AND THE DESIRED QUANTITY AND DESIRED QUALITY.

• INCREASED USE VALUE IN THE PRODUCT.

INVESTOR

• GET INCRESED SECURITY FOR THE INVESTORS.

• ADEQUATE MARKET RETURNS • CREDABLITY AND GOOD IMAGE IN

THE SOCIETY

EMPLOYEE

• ADEQUATE WAGES• JOB SECURITY• IMPROVED WORKING CONDITIONS • INCREASED PERSONAL AND JOB

SATISFACTION

SUPPLIERS

• GET CONFIDENCE IN THE MANAGEMENT

• TRUST- THEIR BILLS GET REALIZED WITHOUT ANY DELAY

COMMUNITY

• ENJOYS BENEFITS FROM ECONOMIC AND SOCIAL STABILITY

THE NATION

• WILL ACHIEVE PROSPECTS • SECURITY – BECAUSE OF INCREASED

PRODUTIVITY AND HEALTHY INDUSTRIAL ATMOSPHERE.

FUNCTIONS OF PRODUCTION MANAGEMENT DEPARTMENT

• MATERIALS• METHODS• MACHINES AND EQUIPMENTS• ESTIMATING • LOADING AND SCHEDULING • ROUTING • DESPATCHING • FOLLOW UP

• INSPECTION • EVALUATION

FUNCTIONS OF PRODUCTION MANAGEMENT DEPARTMENT…

MATERIALS

• SELECTION OF METERIAL • KNOWLEDGE OF MATERIALS AND ITS

PROPERTIES ARE REQUIRED• RESEARCH – ATERNATIVES TO

SATISFY AND CHANGING NEED AND AVAILABLITY OF METERIAL

METHODS

• FINDING BEST METHOD TO SATISFY • WHICH SUIT THE RESOUSES• IDENTIFYING THE SEQUENCE OF

PROCESS

MACHINES AND EQUIPMENTS

• SUITABLE MACHINERY- SELECTION• PROCESS DESIRED,DESIGNING AND

MAINTENANCE POLICY- SUITABLITY

ESTIMATING

• FIX UP THE PRODUCTION TARGETS • DELIVERY DATES • KEEP THE PRODUCTION COST AT

MINIMUM.• THIS WILL HELP IN COMPETATIVE

SITUATIONS.

LOADING AND SCHEDULING

• HAS TO DRAW TIME TABLE FOR VARIOUS PRODUCTION ACTIVITIES

• SPECIFYING WHEN TO START AND WHEN TO FINISH THE PROCESS.

ROUTING

• FIXING OF FLOW LINES FOR VARIOUS RAW METERIALS ,COMPONENTS ETC. FROM STORES TO THE PACKING OF FINISHED PRODUCTS.

DESPATCHING

• PREPARE VARIOUS DOCUMENTS SUCH AS JOB CARDS,ROUTE SHEETS,MOVE CARDS ETC. FOR EACH COMPONENT OF THE PRODUCT.

• ACTIVITES ARE CONTROLED ON THE BASIS OF THESE DOCUMENTS.

• RELASING OF THESE DOCUMENTS IS KNOWN AS DESPATCHING.

FOLLOW UP

• ONCE THE DOCUMENTS ARE SENT ,MANGEMENT CHECKS THESE ACTIVITIES HAVE BEEN DONE AS PER PLANS OR NOT.

• FEEDBACK IS GIVEN AND MANGEMENT EVALUVATE THE PLANS AND TAKE STEPS.

INSPECTION

• INSPECTING OF THE ACTIVITIES IS BEING DONE HERE.

• QUALITY CONTROL INSPECTION IS NOT DONE BY PRODUCTION DEPT.

EVALUATION

• EVALUVATION OF DEPARTMENT ITSELF

• CORPORATE OBJECTIVES• DEPARTMENT OBJECTIVES• CONTRIBUTIONS• SETTING UP OF STANDARDS FOR

FUTURE

THANK YOU