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Introduction To Production and Operations Manageemnt

This chapter introduces production and operations management. It discusses that production is the process of converting raw materials into finished goods, and operations management involves converting inputs into more useful products and services. The chapter also summarizes that operation managers make strategic, operating, and control decisions for production systems. Finally, it outlines recent trends in production/operations management such as globalization, flexibility, quality management, and supply chain management.

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shailythakur
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0% found this document useful (2 votes)
7K views

Introduction To Production and Operations Manageemnt

This chapter introduces production and operations management. It discusses that production is the process of converting raw materials into finished goods, and operations management involves converting inputs into more useful products and services. The chapter also summarizes that operation managers make strategic, operating, and control decisions for production systems. Finally, it outlines recent trends in production/operations management such as globalization, flexibility, quality management, and supply chain management.

Uploaded by

shailythakur
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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PRODUCTION AND

OPERATIONS
MANAGEMENT

Chapter 1
INTRODUCTION TO
PRODUCTION AND OPERATIONS
MANAGEEMNT
Chapter 1
Introduction to Production and
Operations Management

 Production is the process by which raw


materials and other inputs are converted into
finished products.

Production and Operations Management


Himalaya Publishing House by K. Aswathappa & K. Shridhara Bhat
Chapter 1
Introduction to Production and
Operations Management

 Production system model comprises:


i. Production system,
ii. Conversion sub-system and
iii. Control sub-system.

Production and Operations Management


Himalaya Publishing House by K. Aswathappa & K. Shridhara Bhat
Chapter 1
Introduction to Production and
Operations Management

A Production System Model

Production and Operations Management


Himalaya Publishing House by K. Aswathappa & K. Shridhara Bhat
Chapter 1
Introduction to Production and
Operations Management

 Operation managers are required to make a series


of decisions in the production function.
 The decisions made by operation managers about
the activities of production systems tend to fall
into three general categories, viz.,
i. Strategic decisions
ii. Operating decisions
iii. Control decisions

Production and Operations Management


Himalaya Publishing House by K. Aswathappa & K. Shridhara Bhat
Chapter 1
Introduction to Production and
Operations Management
POM Decisions and their Applications

Production and Operations Management


Himalaya Publishing House by K. Aswathappa & K. Shridhara Bhat
Chapter 1
Introduction to Production and
Operations Management

Importance of Production Function


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

Production and Operations Management


Himalaya Publishing House by K. Aswathappa & K. Shridhara Bhat
Chapter 1
Introduction to Production and
Operations Management
Production Management and Operations
Management
 Production management refers to the application of
management principles to the production function in a
factory. In other words, production management involves
application of planning, organising, directing and
controlling to the production process.
 Operations management is the process in which
resorurces/inputs are converted into more useful products
 Production management and operations management are
differentiated based on tangibilities of finished
goods/services

Production and Operations Management


Himalaya Publishing House by K. Aswathappa & K. Shridhara Bhat
Chapter 1
Introduction to Production and
Operations Management

Characteristics of Modern Production


and Operations Function

1. Manufacturing as Competitive Advantage


2. Services Orientation
3. Disappearance of Smokestacks
4. Small has Become Beautiful

Production and Operations Management


Himalaya Publishing House by K. Aswathappa & K. Shridhara Bhat
Chapter 1
Introduction to Production and

Recent Trends in Operations Management

Production/Operations management
1. Global Market Place
2. Production/Operations Strategy
3. Total Quality Management (TQM)
4. Flexibility
5. Time Reduction
6. Technology
7. Worker Involvement
8. Re-engineering
9. Environmental Issues
10. Corporate Downsizing (or Right Sizing)
11. Supply-Chain Management
12. Lean Production

Production and Operations Management


Himalaya Publishing House by K. Aswathappa & K. Shridhara Bhat

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