Production Components Materials Inventory Time & Costs Production Systems.

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Presentation transcript:

Production Components Materials Inventory Time & Costs Production Systems

Materials Inventory Inventory Types TransitMaterial Work-in-process (WIP) Buffer Maintenance Repair & Operations (MRO) Finished Goods (FGI)

Materials Inventory Inventory Costs Carrying Costs Shortage Costs

Supply Chain Management Sequence that includes: Material Suppliers Material Inventory Production Finished Goods Inventory DistributionDeliveryTrackingCustomer

Time & Costs Minimizing Production Costs Managing Human Resources Scheduling Maintenance

Minimizing Production Costs Minimizing Downtime Reusing & Recycling

Managing Human Resources Work Shifts Overtime Work Work Teams

Scheduling Maintenance Four Basic Approaches: Four Basic Approaches: - Preventive Maintenance (PM) - Corrective Maintenance - Predictive Maintenance (PdM) - Total Productive Maintenance (TPM)

Production Systems Types of Production Systems Push System Pull System Agile Manufacturing Just-in-time Production (JIT)

Production Systems System Combinations Lean Manufacturing Material Requirements Planning (MRP) Manufacturing Resources Planning (MRP II)

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