Production management is the management of an organization’s production systems, which converts inputs into the product and services. A production system takes inputs which include material, personnel, machines, building, technology, cash money, information and other resources whereas the outputs include the product and services. Thus, production management is the study (practices) of planning, designing, and production systems and subsystems to achieve the goals of an organization. There are three primary functions in any business company viz. production, marketing, and finance. The primary concern of production managers is to manage the activities of this conversion process or production.
The course Production Management will consist of Strategic Planning in Production Management, Planning Function in Production Management, Operational Aspects of Production Management, and Control & Measurement of Production Management.
Course Credit: 4