the reasons of studying management manufacturing
who is the Toyota car manufacturing chairman ?
Production is the process of converting inputs into outputs through various operations. All the operations which demands consumption of resources together known as manufacturing. Both the terms are used interchangeably yet both are different axioms. The difference is in the raw material. In production, the raw material is not procured from outside, the company owns it and after processing and make the final product. But in Manufacturing, the company procures the raw material from outside, and then makes the final product. manufacturing is a process of converting raw material in to finished product by using various processes,machines and energy.it is a narrow term. production is a process of converting inputs in to outputs.it is a broder term. every type of manufacturing can be production, but every production is not a manufacturing. exa- making of a turbine by various processes is manufacturing assemble the various parts to make an engine is production not manufacturing. Manufacturing isn't just when producing the product, it includes other stages such as design, sales, management and marketing
I believe that Production Management is a part of Operations Management. Operations is the bigger picture of various functions that affect the overall process and quality of an organizations services or manufacturing. Here is a definition of Operations Management that lists "production management" as a part of the whole. In business, all the different aspects of operations is typically overseen by the COO or Chief Operating Officer. Most people do not know what business operations entails because it tends to be a broader discipline. Unlike project management, which has defined completion to a task; operations management deals with processes, resource allocation, and quality to run the business day to day in an efficient and effective manner. APICS The Association for Operations Management also defines operations management as "the field of study that focuses on the effectively planning, scheduling, use, and control of a manufacturing or service organization through the study of concepts from design engineering, industrial engineering, management information systems, quality management, production management, inventory management, accounting, and other functions as they affect the organization".[1]
The management of those resources and activities of a business that are required to produce goods for sale to consumers or to other organizations. Production management is concerned with the manufacturing industry. The growing interest in the production management task in service industries has led to the use of operations management as a more general term.
Three basic activities common to all manufacturing operations are financing, producing, and selling.
kind of manufacturing products business
Machine Hours
Quasi manufacturing in operations management refers to processes that blur the lines between manufacturing and service operations. It typically involves the production of goods that are customized to meet specific customer requirements, often incorporating elements of both tangible product creation and intangible service delivery. This approach allows organizations to respond flexibly to customer needs while maintaining some efficiency typical of traditional manufacturing. Industries like construction and software development commonly exhibit quasi manufacturing characteristics.
the reasons of studying management manufacturing
1.service 2.merchandising/trading 3.manufacturing.
Operations research deals with the application of advanced analytical methods. Operations management involves managing and directing the processes of development, production, manufacturing.
asus, Sony Global Manufacturing & Operations Corporation, Sony Interactive Entertainment
Customer relationship operations are often more erratic than manufacturing support and procurement operations due to their reliance on human behavior and emotional factors, which can lead to unpredictable interactions and varying customer expectations. Additionally, customer demand can fluctuate rapidly based on market trends, seasonality, and external influences, making it challenging to maintain consistency. In contrast, manufacturing and procurement processes are generally more structured and governed by established protocols, resulting in more stable and predictable operations.
Manufacturing operations
Process control is a type of manufacturing job. Process controllers constantly analyze machines and manufacturing operations to ensure that everything is getting done in the proper way.
what is the formula to calculate; manufacturing cost of good sold, gross profit, and operating income