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Recent Trends in Production and
Operational Management
Presented By:-
Kirti Gupta
UID-16MBA7028
Trends in Production and Operation
Management
Trends in
Production &
Operation
management
1.Global Competition
Why “go Global”?
Reduce Cost
Improve supply chain
Access to international markets
Response to change in demand
Latest trends and technology
Maximize the profit
For survival in global
competition
Learn to improve operation and
production
2. Supply Chain Management
SCM is the oversight of
materials, information and
finance as they move in a
process from supplier to
manufacture.
SCM is also known as
the art of Management of
providing the right product
,at right time, right place
and at the right cost
Latest trends in production and operational management
3. Business process reengineering
Benefits of Business Process
Re-engineering
Total Quality Management
A core definition of total
quality management (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.
Latest trends in production and operational management
Lean Manufacturing
manufacturing or lean producti
on, often simply "lean", is a
systematic method for the
elimination of waste
Latest trends in production and operational management
Worker Involvement
Worker involvement is
creating an environment in
which people have an
impact on decision and
actions that affect there
job
Benefits of
Cycle Time Reduction
CTR is an effective,
proven way to give a
manufacturer a
competitive edge in price,
quality, lead time, and on-
time delivery. Cycle time
reduction is an ongoing
process that takes strong
management commitment.
Thank You

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Latest trends in production and operational management

  • 1. Recent Trends in Production and Operational Management Presented By:- Kirti Gupta UID-16MBA7028
  • 2. Trends in Production and Operation Management Trends in Production & Operation management
  • 3. 1.Global Competition Why “go Global”? Reduce Cost Improve supply chain Access to international markets Response to change in demand Latest trends and technology Maximize the profit For survival in global competition Learn to improve operation and production
  • 4. 2. Supply Chain Management SCM is the oversight of materials, information and finance as they move in a process from supplier to manufacture. SCM is also known as the art of Management of providing the right product ,at right time, right place and at the right cost
  • 6. 3. Business process reengineering
  • 7. Benefits of Business Process Re-engineering
  • 8. Total Quality Management A core definition of total quality management (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.
  • 10. Lean Manufacturing manufacturing or lean producti on, often simply "lean", is a systematic method for the elimination of waste
  • 12. Worker Involvement Worker involvement is creating an environment in which people have an impact on decision and actions that affect there job
  • 14. Cycle Time Reduction CTR is an effective, proven way to give a manufacturer a competitive edge in price, quality, lead time, and on- time delivery. Cycle time reduction is an ongoing process that takes strong management commitment.