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importance of production_management_system

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Production Management
Production Management encompasses all activities which go into conversion of a set of inputs
into outputs which are useful to meet human needs. It involves the identification of the requisite
materials, knowledge of the processes, installation of equipments necessary to convert or
transform the materials to products. The quantities to be produced have to be ascertained,
processes established, specifications detailed out, quality maintained and products delivered in
time to meet the demands. Decisions need to be taken about the location of the facility, variety of
machineries required to be installed, technologies to be deployed, recruitment of workforce with
adequate training to perform the tasks to achieve productivity with utmost efficiency. Constraints
on resources and competition demands that optimization be obtained in all functions at all levels.
Different materials will have to be procured, stored, transported inside the organisation for
transformation using processes. Information flows throughout the cycle to instruct, to monitor and
to control the processes to establish relevant costs and look for opportunities for continuous
improvement. All these functions generate their own subsystems which will help in establishment
of accountability and recognition of performance necessary for improvement.
Strategies at various levels will have to be formulated with appropriate implementation procedures
established with checks and balances. Flexibility will have to be designed into the system to take
care of fluctuations in the market both for purchased items as well as the demand. Technological
changes have to be accommodated both as challenges and opportunities for development to
be abreast of the global environment. You will learn about these aspects of production aspects
and understand the intricacies involved to enable you to adapt yourself to a production
environment.

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Production Management Production Management encompasses all activities which go into conversion of a set of inputs into outputs which are useful to meet human needs. It involves the identification of the requisite materials, knowledge of the processes, installation of equipments necessary to co ...
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