HomeRoots Pitch Deck | Investor Insights | April 2024
11 dtam04 topic 4
1. GROUP 4: PRODUCTION MANAGEMENT
- Nguyễn Thanh Thảo
- Nguyễn Huỳnh Cẩm Sang
- Lê Thị Ngọc Bích
- Nguyễn Thị Hạnh Hảo
2. PRODUCTION MANAGEMENT
OVERVIEW
1. REENGINERRING
2. MANAGEMENT BY OBJECTIVES
3. PROJECT MANAGEMENT
4. QUALITY MANAGEMENT
3. PRODUCTION MANAGEMENT
“Reengineering is the fundamental rethinking and radical
redesign of business processes to achieve dramatic
improvements in critical, contemporary measures of
performance such as cost, quality, service and speed”
Hammer and Champy, 1993 Reengineering the Corporation
6. PRODUCTION MANAGEMENT
1. Downsizing: to streamline, tighten
and shrink an organization’s structure
to reduce the cost.
2. Delayering removing a level of
management to reduce the size of a
business hierarchy. This creates a
flatter organizational structure.
7. PRODUCTION MANAGEMENT
Creating more flexible labour:
empowerment for staff, create the
most working environment for
workers
4. Agile manufacturing: rapid and
timely producting to creat a range
of new product with outstanding
about pattern, design, feature…. to
can be ready to meet the customer
needs on time.
8. PRODUCTION MANAGEMENT
• Processing engineering aims to:
Improve the products
Improve the customer service
cut the operational costs
develop the firm’s revenue
promote the firm’s working performance
become world-class competitors
avoid unexpected risks
9. PRODUCTION MANAGEMENT
a) Advantages:
improved the firms’ revenue & the finance
created the variety of products
redesigned professional organization.
created dynamic employees
No defects
10. PRODUCTION MANAGEMENT
b) Limited:
Lack of initial capital
Inadequate infrastructure
Lack of time
Lack of recognition of the problem
Lack of training
Lack of motivation
Undermine the loyalty of staff
11. PRODUCTION MANAGEMENT
1. MANAGE BY OBJECTIVES DEFINITION:
-A personnel management technique.
-A process of agreeing upon
objectives within an organization.
13. PRODUCTION MANAGEMENT
3. MANAGE BY OBJECTIVES:
- Provides a way
- Clarifies the job
- Increased
- Develop the leadership
- Lacking
- Difficult
- Do not allow
- Involving
- Creating
- Self-defeating
14. PRODUCTION MANAGEMENT
PROJECT MANAGEMENT
1. DEFINITION:
“The application of knowledge, skills,
tools and techniques to a broad range of
activities in order to meet the
requirements of a particular project”
Project Management Institute, Inc. (PMI)
19. PRODUCTION MANAGEMENT
PROJECT MANAGEMENT
- provide a greater likelihood of achieving the
desired result;
- ensure efficient and best value use of
resources;
- satisfy the differing needs of the project’s
stakeholders.
20. PRODUCTION MANAGEMENT
PROJECT MANAGEMENT
the complexity of the project;
special requirements of customers;
organizational restructuring;
risks in project;
changes in technology;
fixed plans and prices.
24. PRODUCTION MANAGEMENT
2. QUALITY MANAGEMENT METHODS:
- Inspection.
- Quality Control.
- Quality Assurance.
- Total Quality Control.
- Total Quality Management.
25. PRODUCTION MANAGEMENT
QUALITY MANAGEMENT METHODS
INSPECTION:
Is measuring, reviewing, testing, analyzing one or more
characteristics of objects and comparing the results with
the require to determine the suitability of each
characteristic.
26. PRODUCTION MANAGEMENT
QUALITY MANAGEMENT METHODS
QUALITY CONTROL:
- Is all activities and techniques are applied to meet quality
requirements.
- - Elements: labour control, processes and methods
control, input control, equipment control, environment
control.
27. PRODUCTION MANAGEMENT
QUALITY MANAGEMENT METHODS
QUALITY ASSURANCE:
Is action which has plans and system to strengthen beliefs
that the product satisfy all quality requirements.
TOTAL QUALITY CONTROL:
An effective system, efforts mobilizing of every unit in the
company in the process which relate to maintain and
improve the quality.
28. QUALITY MANAGEMENT
QUALITY MANAGEMENT METHODS:
TOTAL QUALITY MANAGEMENT:
A method of management of an organization, focus on quality
and based on participation of all members to achieve the long-term
targets of customer’s satisfaction.
30. 4. ADVANTAGES OF QUALITY MANAGEMENT
- Strengthen competitive position
- Adapt to changing or emerging
- Higher productivity and higher profitability
- Enhance market image, stakeholder values and attract
shareholders
- Eliminate defects and waste
- Reduce costs
- Improve customer focus, customer satisfaction and
employees morale
- Increase customer loyalty, customer retention and job
security.
PRODUCTION MANAGEMENT
31. PRODUCTION MANAGEMENT
4. DISADVANTAGES OF QUALITY MANAGEMENT:
- Expensive
- The results may not similar to expectation
- Hard to change.
32. PRODUCTION MANAGEMENT
RESULTS:
1. Advantages:
- Make higher morale
- Decrease production costs
- Increased customer loyalty and trust
- Better market penetration
- Increased productivity
- Decreases mistakes and inferior products
- Increases the fame of company
- Save resources to use for better projects
33. PRODUCTION MANAGEMENT
RESULTS:
2. Disadvantages:
- It is a complex process
- Decrease worker output
- Need many years to receive results