What are the application and scope of industrial management?

Answer 1

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.

Answer 2

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.