Professional Documents
Culture Documents
Industrial Management
Industrial management is a vast field that involves many areas of study, each with its own set of challenges
and opportunities. .
Management also includes storing and recording facts and informations for later use or for others during
the organisation. Functions are not limited to managers and supervisors.Industrial management focuses on
the creation, enhancement, application, and assessment of integrated systems of people, resources,
information, knowledge, technology, energy, materials, and/or processes. It also covers the more effective
design of new product prototypes. It combines the mathematical, physical, and social sciences with
engineering analysis and synthesis principles to specify, forecast, and assess the outcomes of systems or
processes.
In addition to being generally applicable across industries, the principles of industrial management also
apply to all business, service, and government operations. Industrial engineering is theoretically based on a
science of operations, and to use this science in the majority of applications, one must concurrently take
into account at least three factors: (1) Quality, (2) Timeliness, and (3) Cost.
Operations Management
Capacity Planning
Capacity planning is a kind a of planning that determines
the total amount of production capacity needed and
ensures the availability during the right moment.
Inventory Control
regulating and reducing inventory levels while ensuring the
availability of vital resources at all times in order to save money.
Logistics
arranging the movement of commodities between
distribution centres and clients as well as to and
from the manufacturing facility.
Automation
Streamlining production processes with
technology to cut costss.
Human Resources Management
Recruiting Training and Development
locating and enticing qualified Providing employees with the
candidates to fill available jobs within knowledge and tools they need to
the company. perform their jobs effectively and
advance their careers.
Performance Management
Compensation and Benefits
evaluating employee performance,
offering feedback, and developing creating and administering benefit
improvement strategies. and pay plans that are competitive to
entice and keep top workers.
Financial Management
Financial Analysis
analysing financial data to spot
trends and offer suggestions for
development.
1 2 3
Budgeting Forecasting
establishing and administering a predicting future patterns and
budget to guarantee efficient use of making plans for the future using
the organization's financial resources. historical financial data.
Supply Chain Management
Procurement
Transportation
coordinating the movement of completed goods and
intermediate goods between different locations
Delivery
Product Inspection
Product Development
Pricing Strategy
References:
https://en.wikipedia.org/wiki/Industrial_management
https://mechanicalpages.blogspot.com/2016/10/
industrial-management.htm
THANK YOU