Professional Documents
Culture Documents
Manager
Dr. Mridula Sahay
Production Functions
Objectives of Production Management
• To produce the goods as per the quality demanded by the
customers in most economic manner.
• To sustain as well as to increase the level of customer satisfaction.
• To make improvement in existing goods and services by regular
innovations.
• To maintain inventory at such levels that there may not be the
blockage of working capital due to excessive stock and the
production may not hamper due to unavailability of stock.
• To ensure uninterrupted supply of goods and services in right
quantity at right time and at right place.
• To produce the goods as per market demand.
• To keep proper maintenance of plant and machinery.
Objectives of Production/Operations
Management:
• Maximum customer satisfaction through quality, reliability, cost and
delivery time.
• Minimum scrap/rework resulting in better product quality.
• Minimum possible inventory levels (i.e. optimum inventory levels).
• Maximum utilization of all kinds of resources needed.
• Minimum cash outflow.
• Maximum employee satisfaction.
• Maximum possible production (i.e., outputs).
• Higher operating efficiency.
• Minimum production cycle time.
• Maximum possible profit or return on investment.
• Concern for protection of environment.
• Maximum possible productivity.
Responsibilities of Production Manager
• confidence
• technical skills
• project management skills
• organization and efficiency
• leadership and interpersonal skills
• problem solving skills
• IT and numerical skills
• communication skills
• Team working skills.
• Managers must also be able to handle responsibility
and the pressure of meeting deadlines.