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Emerging Trends In Production Management

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Emerging Trends In Production Management
1. Lean Production
2. Total Quality Management (TQM)
3. Supply Chain Management

Published in: Design

Emerging Trends In Production Management

  1. 1. PRESENTATION BY :- NEETU MARWAH EMERGING TRENDS IN PRODUCTION MANAGEMENT
  2. 2. INTRODUCTION TO PRODUCTION MANAGEMENT  “Production management is the process of effectively planning and regulating the operations of that part of an enterprise which is responsible for actual transformation of materials into finished products”.
  3. 3.  Production management techniques are used in both manufacturing and service industries.  Production management responsibilities include the traditional “five M's”: men and women, machines, methods, materials, and money.  Managers are expected to maintain an efficient production process with a workforce that can readily adapt to new equipment and schedules.
  4. 4.  They may use industrial engineering methods, such as time-and-motion studies, to design efficient work methods. They are responsible for managing both physical (raw) materials and information materials (paperwork or electronic documentation). Of their duties involving money, inventory control is the most important. This involves tracking all component parts, work in process, finished goods, packaging materials, and general supplies.
  5. 5. EMERGING TRENDS IN PRODUCTION MANAGEMENT  Lean Production  Total Quality Management (TQM)  Supply Chain Management
  6. 6. WHAT IS LEAN PRODUCTION?  Lean production has its roots in Toyota Automobile Co. of Japan, where waste was to be avoided at all cost the excluding part included : (1) The waste in time. (2) The waste of investment (3) The waste of having ideal workers.  The core idea is to maximise CUSTOMER VALUE while minimising waste.
  7. 7. ABOUT LEAN PRODUCTION: The ultimate goal is to provide perfect value to the customer through perfect value creation process that has ZERO waste. Lean production has its key element that is -JIT (Just –In-Time) & Autonomation ( Smart Automation)
  8. 8. JIT (JUST-IN-TIME)  “JIT is an approach that seeks to eliminate all sources of waste in production activities by providing the right part at the right place at the right time.”  It is known by different names: - The Toyota system. - Zero Inventory. - Kan –Ban system.
  9. 9. AUTONOMATION  If an abnormal situation arises then the machine stops and the worker will stop the production line.  It is a quality control process that applies the following four principles: - Detect the abnormality. - Stop. - Fix or correct the immediate condition. - Investigate the root cause and install a countermeasure.
  10. 10. BENEFITS OF LEAN PRODUCTION o Inventory levels are drastically reduced. o Product quality is improved elimination of unpleasant suppliers . o Reduction in customer related problems. o Improvements in employees morale.
  11. 11. TOTAL QUALITY MANAGEMENT (TQM)  A core definition of (TQM) describes a management approach to long–term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.
  12. 12. TQM  Total quality management can be summarized as a management system for a customer-focused organization that involves all employees in continual improvement. It uses strategy, data, and effective communications to integrate the quality discipline into the culture and activities of the organization
  13. 13. BENEFITS OF TQM  Strengthened competitive position  Higher productivity  Enhanced market image  Reduced costs and better cost management  Higher profitability  Improved customer focus and satisfaction
  14. 14. SUPPLY CHAIN MANAGEMENT  Communicator of customer demand from point of sale to supplier  Physical flow process that engineers the movement of goods
  15. 15. BENEFITS OF SUPPLY CHAIN MANAGEMENT Lower inventory, transportation, warehousing, and packaging costs Greater supply chain flexibility Improved customer service Higher revenues Increased performance and profitability
  16. 16. KEY PROCESSES OF SUPPLY CHAIN MANAGEMENT  Customer relationship management  Customer service management  Demand management  Order fulfillment  Manufacturing flow management  Supplier relationship management  Product development and commercialization  Returns management
  17. 17. THANK YOU

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