Is The Use Of People And Machinery To Convert Materials Into Finished Goods Or Services.

Product means the transformation of the input into output in course of goods and services to requite the desired utility to satisfy homo needs.

In very simple words, it is the conversion of raw materials into finished goods.

"Production Direction is the process of effective planning and regulating the operations of that department of an enterprise responsible for the actual transformation of materials into finished products."

Production management as well refers to the application of management principles to the production function in a mill. In other words, product management involves application of planning, organising, directing and decision-making to the production procedure.

Production direction is the act of producing something useful. It is the cosmos of goods and services that satisfy human wants and needs. Product management and operations management are differentiated based on tangibilities of finished appurtenances/services.

Performance Direction is the process in which resources /inputs are converted into more useful products.

In lodge to deliver value for customers in products and services, it is essential for the company to do the following:

• Place the customer needs and convert that into a specific product or service (numbers of products required for specific period of time)
• Based on production requirements, you can do backward working to identify raw material requirements
• Engage internal and external vendors to create a supply chain for raw materials and finished goods between vendor → production facility → customers.

Operations management captures the above identified iii points.

Characteristics of Product Management:

1. Decision making managerial part.
2. Deals with several processes.
3. Many Sub-Systems
4. Every bit per specifications.
5. Improving efficiency and productivity.
6. Manufacturing as a competitive advantage.

Objectives of Production Direction:

Ultimate Objectives

1. To produce quality products.
2. Producing at least cost
3. Right Quantity.
4. Manufacturing schedule or at the right time

Intermediate Objectives

1.  Optimum use of Materials
2.  Machinery and equipment
3.  Manufacturing services
4.  Manpower

Scope of Production and Operation Direction:

1. Choice of Location (Conquering of state)
2. Plant Layout and Materials handling (constructing buildings, buying and installing machinery)
3. Capacity Planning
4. Product Design (product evolution, manufacturing, marketing)
5. Process Planning and Designing (routing, estimating, and scheduling)
6. Material Management (Cost reduction and control, identification and specification of cloth)
7. Maintenance Management (availability, minimum breakup, optimal capacity)
8. Production Planning and Command
9. Quality Control (size, color, shape, gustation, operation)
10. Methods Written report (systematic recording, critical exam, work simplification)

Trends in Production and Operations Management

Recent trends in production and operation management relate to global competition and the impact it has on the manufacturing firms.

Some of the contempo trends are:

Global marketplace: Globalisation of business organization has compelled many manufacturing firms to have operations in many countries where they have sure economic advantages. This has resulted in a level of competition among the manufacturing firms throughout the world.

Production /performance strategy: More and more firms are recognising the importance of production /operation strategy for the overall success of their business and the necessity for relating it to their overall business strategy.

Total quality management(TQM): The TQM approach has been adopted past many firms to achieve customer satisfaction by the never ending quest for improving the quality of goods and services.

Time reduction: Reduction of the manufacturing cycle time and speed to market a new production provides competitive border to a house over other firms. When companies can provide products at the same toll and quality, quicker delivery provides i firm with a competitive edge over the other.

Supply concatenation management: Management of supply concatenation from suppliers to last client reduces the toll of transportation , warehousing ,and distribution throughout the supply concatenation.

Lean production: Production systems accept become lean product systems which use minimal amounts of resources to produce a loftier volume of loftier quality appurtenances with some variety.

Functions of Production Direction:

1. Production Planning
2. Product control
3. Industrial Engineering
4. Purchasing
5. Establish Engineering science
6. Manufacturing
7. Method Analysis
8. Inventory Control
9. Found Layout and Materials treatment
10. Work Measurement
11. Other Functions like raw material release to product prior to the production process

Production Direction deals with decision-making related to product processes so that the resulting appurtenances or services are produced according to the specifications, in the amount and by the schedule demanded and at a minimum toll. —Elwood Spencer Buffa

Importance of Production Management:

Successful organisations take well divers and efficient line and support functions. Production comes under the category of line functions which directly affects customer experience and thereby the future of organisation itself.

The aim of production functions is to add value to products or service which will create a strong and long lasting customer relationships or association. This can be accomplished by healthy and productive association betwixt Marketing and Product people. Marketing function people are frontline representatives of the company and provide insights to existent production needs of customers.

An effective planning and control on production parameters to reach or create value for customers is chosen production management.

The very essence of any business is to cater for the needs of customers by providing services and appurtenances, and in procedure create value for customers and solve their problems. Production and operations management is the applying of business organization and management concepts in the creation of goods and services.

The basic philosophy of product direction is to launch a frontal set on on costs and finer use the bachelor manpower weaving new techniques into the whole to keep the production going and the progress of the business feasible. It is simply an efficient production manager who is able to channelize the production process in a manner which ensures most efficient employ of the resources to the best advantage of the enterprise

Problems of Production Direction:

1. Trouble of Location of the plant
2. Problem of Plant Layout
3. Problem of product Designing
4. Trouble of Inventory and Production Command
5. Problem of Quality Control
6. Problem of Labour control
7. Trouble of Toll Control and Improvement.

Importance Of Production Management to the business organisation firm

An efficient production management ensures the following advantages:

(i) Production of good quality products at a reasonable cost of production,

(2) Maintains optimum inventory level

(3) Betters and improves productivity of all inputs,

(iv) provides uninterrupted supply of goods and services

(five) Improves the profitability of the system,

(vi) Provides better customer services

(vii) Stabilises employment and removes poverty from masses.

Transformation Process:

The product management department of a manufacturing organisation makes it possible outlining the latest techniques of production of a new product, comeback in the existing production line, catching up newer techniques, improving the quality of appurtenances and controlling the costs of production. Good quality and reasonable prices are the twin blades of ane scissors making the growth and expansion of the concern possible.

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Source: https://www.linkedin.com/pulse/production-operations-management-production-patrick-mutabazi

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