production management


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production management

or

operations management

The administration of the conversion process which transforms labour, materials and capital inputs into final products. Production management involves:
  1. planning the design and construction of the production system.

    System design decisions include such things as the determination of manufacturing methods – batch production, mass production (see PRODUCTION), acquisition and arrangement of plant (see FACTORY LAYOUT), and the establishment of schedules for the production of each item (see PRODUCTION SCHEDULING);

  2. controlling the operation, performance and running of the physical facilities and predetermined production plans which constitute the production system. Decisions relating to the operation of the production system involve PRODUCTION CONTROL, PURCHASING, QUALITY CONTROL, STOCK CONTROL, WORK STUDY, and MAINTENANCE of equipment. See also MATERIALS MANAGEMENT, MATERIALS REQUIREMENTS PLANNING, JUST-IN-TIME (JIT) SYSTEM, MANUFACTURING RESOURCE PLANNING, DISTRIBUTION RESOURCE PLANNING, NETWORK ANALYSIS, WORLD CLASS MANUFACTURING, OPTIMIZED PRODUCTION TECHNOLOGY, POKE YOKE.
References in periodicals archive ?
The technology platform and production management capability that Schlumberger brings will enable a total system approach, leading to a simpler and fast-tracked FID process, and reliable operational execution for the benefit of the gas resource owners, added Schlumberger, President Operations, Patrick Schorn.
The role of a production management system is to aggregate and analyze plant floor processes, PAT and EBR data into operations metrics.
Understanding the stages and having a strong vision of where you need to go are essential first steps in adopting a staged approach to a successful Collaborative Production Management System.
This makes the computer an ideal tool to help streamline the work effort involved in extracting and organizing data useful to production management and control.
This business provides mission-critical transportation services to production management companies that support an attractive and loyal base of mid-major energy customers from strategically located onshore bases, an efficient fleet of short- and medium-range helicopters, and an extensive system of offshore fueling stations located throughout the Gulf of Mexico.
The combination of Schlumberger reservoir knowledge, wellbore technologies and production management capabilities, with Golars low cost FLNG (Floating LNG) solution, will offer gas resource owners a faster and lower cost development thereby increasing the net present value of the resources.
IT] Collaborative Production Management products by Metz in the Czech Republic, Slovakian and Russian Markets.
In the early stages of production management, consider software for product costing, quoting/estimating, production routing control, and inventory control.
Gespro production management collates all the data that can be utilized with three different software systems.
based in Kingsey Falls, Quebec, Canada has chosen the Proficy[TM] software suite of Production Management solutions to address a wide array of business issues typically encountered in manufacturing operations.
The transaction will expand Accenture s upstream production management solutions and services portfolio.
Invensys' production management division provides control systems, software, and systems integration services to customers in all process industries.