Production & Operation Management
Degree : MBA Discipline : Production & Operation Management
Production/operations management is the process, which combines and transforms various resources used in the production/operations subsystem of the organization into value added Product/services in a controlled manner as per the policies of the organization. Therefore, it is that part of an organization, which is concerned with the transformation of a range of inputs into the required (products/services) having the requisite quality level.
The set of interrelated management activities, which are involved in manufacturing certain products, is called as production management. If the same concept is extended to services Management, then the corresponding set of management activities is called as operations Management.
Production is defined as "the step-by-step conversion of one form of material into Another form through chemical or mechanical process to create or enhance the utility of the product to the user."
Production and operations management concern with the conversion of inputs into outputs, using Physical resources, so as to provide the desired utilities to the customer while meeting the other Organizational objectives of effectiveness, efficiency and adoptability. It distinguishes itself from other functions such as personnel, marketing, finance, etc., by its primary concern for 'conversion by using physical resources'.
Following are the activities which are listed under production and operations management functions:
- Plant layouts and material handling.
- Product design
- Process design.
- Production and planning control.
- Quality control.
- Materials management.
- Maintenance management