Latest trends in production and operational management

1. Recent Trends in Production and
Operational Management
Presented By:-
Kirti Gupta
UID-16MBA7028

2. Trends in Production and Operation
Management
Trends in
Production &
Operation
management

3. 1.Global Competition
Why “go Global”?
Reduce Cost
Improve supply chain
Access to international markets
Response to change in demand
Latest trends and technology
Maximize the profit
For survival in global
competition
Learn to improve operation and
production

4. 2. Supply Chain Management
SCM is the oversight of
materials, information and
finance as they move in a
process from supplier to
manufacture.
SCM is also known as
the art of Management of
providing the right product
,at right time, right place
and at the right cost

6. 3. Business process reengineering

7. Benefits of Business Process
Re-engineering

8. Total Quality Management
A core definition of total
quality management (TQM)
describes a management
approach to long–term success
through customer satisfaction.
In a TQM effort, all members
of an organization participate
in improving processes,
products, services, and the
culture in which they work.

10. Lean Manufacturing
manufacturing or lean producti
on, often simply "lean", is a
systematic method for the
elimination of waste

12. Worker Involvement
Worker involvement is
creating an environment in
which people have an
impact on decision and
actions that affect there
job

13. Benefits of

14. Cycle Time Reduction
CTR is an effective,
proven way to give a
manufacturer a
competitive edge in price,
quality, lead time, and on-
time delivery. Cycle time
reduction is an ongoing
process that takes strong
management commitment.

15. Thank You