1. Introduction to Production Methods Presented by: Prof. Ankita Rajdev

2. Key Learning Outcomes Describe and compare the features and applications of each method. Analyse the implications for marketing, human resource management and finance that arise from changing the production system.

3. Introduction Definition of Operations Management “Operations management (production) is concerned with producing the right goods and services in the right quantities and at the right quality level, all in a cost- effective and timely manner.” Five M’s of Operation Management. Materials Manpower Machines Money Management

4. Production takes place when resources such as raw materials or components, are changed into ‘products’. Production takes place when resources such as raw materials or components, are changed into ‘products’. It refers to those activities that bring a product into being. It refers to those activities that bring a product into being. Production

5. Production Methods Topic on Discussion

6. 1-Job Production Creating individual product from start to finish One off, specialised, unique Examples – Aston martin, building, movie, haircut, wedding dress

7. 2-Batch Production Producing a limited or set number of identical products - a batch One batch produced at a time (of each product), then can switch to different product Useful for range of products Examples - Subway, breads, etc.

8. 3-Flow & Line, Mass production Effectively interchangeable Producing standardised homogenous products in large quantities Target low end of the market. Depend of automated assembly lines Examples – Coco-Cola, IPhone

9. 4-Cell Production An adaptation of Mass Production in which the flow is broken down to self-contained teams who are responsible for the whole work units Emphasis on quality and affordability Target the different ends of the market Examples – BMW

10. 5-Change Impacts Marketing Implications HRM Implications Finance Implications

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