Objectives & Elements of Production & Operations Management
Rahul's Noteblog
Notes on Production and Operations Management
Objectives & Elements of Production & Operations Management
A business involves three joint processes: planning, organizing, and controlling. These three phases are depicted in the diagram below:
Elements of Production and Operations Management:
Furthermore, these items can be grouped and listed differently by different authors. There are concepts like planning and organizing, and the involved conversion process. Inputs include land, labor, technology, etc., and outputs include products and services. Then, there is the conversion process involved that converts inputs to outputs.
Additionally, there is another process called planning. Planning involves seeing ahead and making optimal usage of available resources. With proper planning, the controlling and organizing aspects of production and operations management become more efficient to manage.
Objectives of Production and Operations Management:
The main objectives may be one of more of the following:
a. Efficiency:
Increased output for a given input.
b. Productivity:
Increased production using given resources.
c. Economy:
Production is more economical (done at reduced cost).
d. Quality:
Good quality products at reduced cost.
e. Reduced processing time:
Increased production within a given amount of time.
Additional Readings:
1. Objectives and Elements of Production and Operations Management
2. Basic Stages and Objectives of Planning in Production and Operations Management
3. Relationship between Process of Planning and External Agencies
4. Selecting a Manufacturing Plant Site
5. Controlling, Total Quality Control, and Deming’s 14 Points
6. Quality and Cost Economics and ASQC Categories of Quality Cost
7. Example of Multiple Activity Chart and Work Measurement
8. Japanese vs American Production and Operations Management
9. Kaizen Framework and Kaizen vs McKinsey
10. Advantages of Automation
11. Concept of Appropriate Technology
12. ‘Just in Time’ Manufacturing
13. Preventive Maintenance
14. Total Quality Management and ISO-9000
15. Inventory Control
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