This white paper discusses the critical importance of efficient scheduling in manufacturing and project execution, highlighting its impact on cost and reliability of delivery. It introduces a new real-time production management system called Talika PMS that addresses common failings of conventional scheduling systems, providing a fully automatic and scalable solution designed to maximize resource utilization and minimize job cycle time. The document elaborates on the functionalities of Talika PMS, its feedback mechanisms, and how it adapts to real-time changes in the production environment.