Introduction
Life would be much easier if the world would stand still, but of course it doesn?t. As the world evolves, so must the disciplines whose mission includes helping managers deal with it. Production and operations management is the process, which combines and transforms various resources used in the production and operations subsystem of the organization into value added product and services in a controlled manner as per the policies of the organization. bangalore mba top colleges
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. mba colleges without entrance exams in bangalore
If the same concept is extended to services management, then the corresponding set of management activities is called as Operations management. Operations Management is no exception, Robert Hayes discerns some changes in the business world deriving mainly from opportunities presented by the digital technologies, and explains what these mean to the management profession and hence how operation management must change so as to support managers in a changing world. mba colleges in bangalore list
Scope of production and operation management Due to the dynamic change in the business environment, the scope of production and operation management has increased. Following are the activities which are included under production and operations management functions. Activities under Production and Operations Management. top ten mba colleges in bangalore
- Facility Location - Selecting the appropriate location for the production.
- Plant layouts and material handling - Deciding upon the machines, equipment and necessary devices which could lead to effectual and desired products in the most economic way. Preparation of plan layout for the establishment of machines in the required sequence. Storage of material and handling it in most effective way to avoid wastage and delivery at the work centers as and when required.
- Product design - Designing the product and conceiving the idea about its production.
- Process design - Determination of the production process which is most relevant and efficient in the given state of affairs
- Production and planning control - Planning the production and its various aspects how, when and where producing a particular product or its assembly will be done.
- Quality control - Controlling production and ensuring quality by setting checkpoints and taking periodic measurements of the current performance.
- Materials management - Managing the inventories of raw material, semi-finished and finished goods in a way that neither excessive money may block in this non-productive operation nor required material.
- Maintenance management - Analysis the deviations and formulation the corrective measures to stay in track with planned quality, time schedule and predetermined cost schedule
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