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Assignment Task

 

 

1.0 Understanding Production and Operations Management

 

1.1 Introduction
The very essence of any business is to cater needs of customer by providing services and goods, and in process create value for customers and solve their problems. Production and operations management talks about applying business organization and management concepts in creation of goods and services.

 

Production
Production is a scientific process which involves transformation of raw material (input) into desired product or service (output) by adding economic value. Production can broadly categorize into following based on technique:

achieved through separation or extraction from raw materials. A classic example of separation or extraction is Oil into various fuel products.

Production by modification or improvement: It involves change in chemical and mechanical parameters of the raw material without altering physical attributes of the raw material. Annealing process (heating at high temperatures and then cooling), is example of production by modification or improvement.

 

1.2 Importance of Production Function and Production Management

Successful organizations have well defined and efficient line function and support function. Production comes under the category of line function which directly affects customer experience and there by future of organization itself.

Aim of production function is to add value to product or service which will create a strong and long lasting customer relationship or association. And this can be achieved by healthy and productive association between Marketing and Production people. Marketing function people are frontline representative of the company and provide insights to real product needs of customers.

An effective planning and control on production parameters to achieve or create value for customers is called production management.

 

Homework Activity

1. What is Production and explain the difference between production function and production management?
2. What is manager job?
3. Describe the determine marketing needs in detail.
4. Describe the important of training.
5. Describe the difference between time rate method and piece rate method paying system.
6. Describe the difference between recruitment and selection process.
7. What is the objective measuring employee performance?
8. Describe the scope of warehouse management.
9. Describe the objective of material resource planning and its advantages.
10. Describe the difference between personal purchase, mercantile purchasing and industrial purchasing.

 

 

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  • Uploaded By : Brett
  • Posted on : March 13th, 2019
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