INTRODUCTION PRODUCTION AND OPERATIONS MANAGEMENT Production and Operation

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INTRODUCTION PRODUCTION AND OPERATIONS MANAGEMENT

INTRODUCTION PRODUCTION AND OPERATIONS MANAGEMENT

Production and Operation Management • POMA is the management of systems or processes that

Production and Operation Management • POMA is the management of systems or processes that generate or create goods and/or provide services.

THE COURSE CONTENT IN TERMS OF UNITS OF LEARNING POMA Intro forecasting Design of

THE COURSE CONTENT IN TERMS OF UNITS OF LEARNING POMA Intro forecasting Design of Production Quality OPERATING AND CONTROLLING THE SYSTEM

Text Books • 1. Foundations of Operation Management by Larry P Ritzman and Lee

Text Books • 1. Foundations of Operation Management by Larry P Ritzman and Lee J Krajewski ( 2003/2006 Edition Prentice Hall) For UNDERGRAD • 2. Production Operations Management • By William J Stevenson ( 7/8 th Edition, Mc. Graw Hill) FOR GRAD

Difference between Operations Management and Research 1. OR relies on mathematical modeling and OM

Difference between Operations Management and Research 1. OR relies on mathematical modeling and OM relies on practical scenarios/industrial cases. 2. OR is domain and tool of Engineers while OM is considered to be one of the critical tools of Managers.

What are organizations • An organization is a business entity that can work for

What are organizations • An organization is a business entity that can work for profit or non profit purposes to generate a value added product or service for its customers.

Why Organizations need Operations Manager • An operations Manager controls the processes by which

Why Organizations need Operations Manager • An operations Manager controls the processes by which value is added from conversion of inputs to outputs.

Sub Optimization/Synergy • Whole is greater than the sum of its parts.

Sub Optimization/Synergy • Whole is greater than the sum of its parts.

Efficient Vs. Effective Organization • Efficient organizations tend to focus on efficiency part. •

Efficient Vs. Effective Organization • Efficient organizations tend to focus on efficiency part. • Effective organizations tend to focus on efficiency as well as productivity.