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Session 3 Framework of Production Management

This document discusses the framework of production management. It covers topics like the importance, objectives, and functions of production management. The importance includes offering competitive advantages like shorter lead times, higher quality, and better customer service. The objectives are customer satisfaction, profitability, and timeliness. The functions include planning processes like product design and capacity planning, organizing processes like work study and material management, and controlling processes like quality control and inventory management.

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Narayana Reddy
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2K views7 pages

Session 3 Framework of Production Management

This document discusses the framework of production management. It covers topics like the importance, objectives, and functions of production management. The importance includes offering competitive advantages like shorter lead times, higher quality, and better customer service. The objectives are customer satisfaction, profitability, and timeliness. The functions include planning processes like product design and capacity planning, organizing processes like work study and material management, and controlling processes like quality control and inventory management.

Uploaded by

Narayana Reddy
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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session 3

FRAME WORK OF
PRODUCTION
MANAGEMENT

Topics covered under session 3


§ Framework of Production Management


§ Importance of Production Management
§ Objectives of Production Management
§ Functions of Production Management

Importance of Production Management:


Production function can offer competitive advantage to

a firm in the following areas:


§ Shorter new-product lead-time
§ More inventory turns
§ Shorter manufacturing lead-time
§ Higher quality
§ Greater flexibility
§ Better customer service
§ Reduced wastage

Different areas of achieving Productivity with productivity


function are:
§ Engaging volume of production
§ Reducing rejection rate
§ Minimizing re-work rate
§ Maintaining delivery schedules
§ Controlling idle machine and manpower hours
§ Establishing / updating / improving / setting industrial
engineering norms
§ Updating processes and procedures
§ Maintaining accuracy and timeliness of MIS
§ Decreasing machine set-up time
§ Controlling overtime
§
§ Good house-keeping
§ Checking absenteeism, thefts/pilferage and
misconduct
§ Eliminating accidents
§ Effective grievance-handling
§ Effective training and team building
§ Minimizing inventory and achieving better yields
§ Enhancing customer satisfaction
§ Total Quality Management (TQM)
§ Business Process Re-engineering (BPRE)
Objectives of Productivity Management are:

§ Customer Satisfaction
§ Quality of the product in accordance with the acceptable
standards.
§ Competitive product cost.
§ Easy maintenance and reliability of the product.
§ Product is in compliance with all functional specifications.
§ Profitability
§ Market price should be competitive and pre-fixed that help
determine the profitability for an organization.
§ To produce right quality that meets all product
specifications at minimal cost.
§ Timeliness: safeguard against
§ Idle time in terms of manpower and machinery
§ High process inventories
§ Poor maintenance of machinery
§ Inefficient process cycle
§ Non-availability of resources such as input materials,
consumables etc.
Functions that the Productivity Management perform:

1. Planning
1. Product design and development
2. Production Process Selection
3. Planning Facility Location
4. Planning Facility Layout
5. Capacity Planning
6. Production Planning
2. Organizing
1. Work Study
2. Material Management
3. Purchasing Management
3. Controlling
1. Stores Management
2. Value Analysis
3. Quality Control
4. Maintenance Management
5. Inventory Management
6.

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