Industrial management is the process of planning, organizing and managing manufacturing processes. It is used in many industries, including automotive, aerospace, pharmaceuticals, etc. The scope of industrial management includes the optimization of production, allocation of resources, quality control, cost reduction, and workplace safety. All in all, industrial management has a wide-reaching impact across industries, improving productivity and competitiveness.
SCOPE OF INDUSTRIAL MANAGEMENT
As far as the scope of industrial management is concerned it is
applicable in all segments of industry as well as in daily life. As in daily
life, we plan our activities; we coordinate available resources and control
our activities to achieve certain goals in the most economic way. In the
same way any organization must follow the Principles of Management for
its survival and growth and to be economically viable. These management
principles are applicable to all activities in industry also.
Reading and learning Industrial Management will enable one to be
capable of solving the problems of the organization, may be in a Production
Shop, Hospital, Departmental shop, an Educational Institution or even a
coffee shop. The problems a manager faces in various organizations are
more or less similar to that of Production department but smaller in
magnitude. Hence the knowledge of Industrial Management will help
anybody managing business activities, tackle the problems encountered.
For example: The Industrial Management consists of Planning in
various segments of industry in all the departments, e.g. Production,
Inspection & quality, Procurement, Store management, management of
activities in assembly line etc. In production department the management
includes selection of materials, planning of processes, Routing, Scheduling
and controlling the activities etc., Take the example of an Educational
Institution. Here too, selection of raw materials i.e. students & faculty,
Planning of the Courses, imparting instructions to the students and conduct
of the examination, smooth flow of transfer of knowledge and information.
The education institution has to continue the process of evaluation and upgradation,
so that it is able to impart more relevant and meaningful
knowledge to its product i.e. students trained by the institute. Principles of
management are helpful in achieving these objectives most efficiently and
economically.
Similarly, these principles are equally applicable to the service
providing organizations so that these are able to provide best of services at
minimal cost, most effectively and efficiently. Scope of Industrial
Management encompasses all industrial and human activities.
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