1. PRODUCTION MANAGEMENT
The job of coordinating or controlling the activities required to make a product , involving effective control of cost , ensuring good quality and performance as well as checking the waste requirements .

4. OPERATIONS MANAGEMENT
Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.

6. TYPES OF PRODUCTION SYSTEMS
There are two types of production systems : 1. Intermittent 2. Continuous

7. INTERMITTENT PRODUCTION SYSTEM
Starts and stops at irregular intervals
Production is irregular according to the job and then , the process starts again with new and customised specifications
Intermittent production system is of two types viz , job production and batch production

10. CONTINUOUS PRODUCTION SYSTEM
Production here is continuous
Applicable where the object to be produced is of standardised weight and size
Example – production of soaps
Continuous production system is of two types viz , mass production and flow production

11. Operation Management
Operation management is a branch of management that deals with planning, organizing, coordinating and controlling all activities related with operations of an organization.
The whole process starting from product design & development; converting the raw material into finished goods or creating services and ending with proper distribution of these products and services to end customer is called production management.

12. Issues of Operation Management
Strategic Issue
Comprise deciding the size of the market on the basis of demand forecasting, selection of location, deciding required facilities and logistics.
Tactical Issue
Contain product design and development, finalization of layout, machinery, equipments, establishing a production schedule, setting work standards and method and ensuring quality control and inspection.
Operational Issue
Involve purchase management, inventory control and ensuring efficient functioning of supply chain.

13. Production Management
Difference
Production Management
Old term that was used when business scale and operations was small and complexities and competition was less. The focus was on production as market was production driven.
Focused on products.
Narrow concept confined only to conversion of raw material into finished goods.
No customer contact.
Operation Management
Modern term as it includes organizations that deal in supply of services and also watch overall operations pf organization. It is more in sync with concept of consumer is the king.
Focused on both product and services.
Broad concept that includes planning, design development, conversion and distribution.
Continuous customer contact.

14. Objectives of Production and Operation Management
Production planning
Ensure timely delivery of products
Optimum utilization of resources
To control production cost
To maintain quality standards
To help in achievement of organizational objectives.

16. Scope of Production and Operation Management
Facility Location
Layout planning
Developing the product design
Production planning and control
Work study
Inventory management
Purchase management
Supply chain management

17. Functions of Production and Operation Management
Deciding about the product
Product design
Process design
Capacity planning
Plant location
Plant layout
Method study
Work measurement
Production planning
Production control
Inventory control

18. Importance of Production Management
Builds good image of organisation.
Helps in development of new products.
Ability to face competition
Efficient utilization of resources.
Improved performance
Cost control
Facilitates growth and expansion

19. Thank You!