PRODUCTION MANAGEMENT: Production management may be defined as the performance of the management activities with regards to selecting, designing, operating, controlling and updating production system. This system is the process of effectively planning, coordinating and controlling the production, i.e, the operations of that part of an enterprise. It means that production management is responsible for the actual transformation of raw materials into finished goods.
OPERATIONAL MANAGEMENT: Operational management refers ton the activities, decisions, and responsibilities of managing the resources which are dedicated to the production and delivery of products and services.
According to Barry Shore, "Operations management is the management of any operating system which transforms inputs to an output."
FUNCTIONS OF PRODUCTION:
- Improving the volume of production
- Reducing the rejection rate
- Maintaining the all deliver rules
- Updating processing and procedures
- Maintaining accuracy and timeliness of management information system(MIS)
- Controlling overtime
- Checking absenteeism, theft, wastage, and misconduct.
- Minimizing inventory and achieving better yield/result
- Total Quality Management(TQM)
- Business Process Reengineering(BPRE)
- Automation
- Decreasing machines setup time
- Good housekeeping
- Remove accidents
- Effective complaint-handling
- effective training and team building
- Improve customer satisfaction
- Stablishing/updating/improving/setting industrial engineering standards
- Controlling ideal machines and manpower hours
FUNCTIONS OF OPERATION MANAGEMENT:
ALSO READ THIS➤➤ ROLES AND RESPONSIBILITIES OF PRODUCTION MANAGER
ALSO READ THIS➤➤DIFFERENT BETWEEN PRODUCTION AND OPERATIONS MANAGEMENT
