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Production Components Materials Inventory Time & Costs Production Systems.

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Presentation on theme: "Production Components Materials Inventory Time & Costs Production Systems."— Presentation transcript:

1 Production Components Materials Inventory Time & Costs Production Systems

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

3 Materials Inventory Inventory Costs Carrying Costs Shortage Costs

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

5 Time & Costs Minimizing Production Costs Managing Human Resources Scheduling Maintenance

6 Minimizing Production Costs Minimizing Downtime Reusing & Recycling

7 Managing Human Resources Work Shifts Overtime Work Work Teams

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

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

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


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