Production Management: Objectives, Scope, and ISO 9000 Certification
Production Management
Objectives of Production Management
The objectives of production management can be summarized as follows:
- Optimum Utilization of Resources: Production management aims to utilize resources like raw materials, equipment, labor, etc., efficiently to minimize wastage and reduce costs.
- Minimization of Production Costs: It focuses on reducing production costs by optimizing processes, improving productivity, and minimizing downtime.
- Quality Improvement: Ensuring consistent quality of products
Production Management: Objectives, Scope, and Key Concepts
Objectives of Production Management
The objectives of production management can be summarized as follows:
- Optimum Utilization of Resources: Production management aims to utilize resources like raw materials, equipment, labor, etc., efficiently to minimize wastage and reduce costs.
- Minimization of Production Costs: It focuses on reducing production costs by optimizing processes, improving productivity, and minimizing downtime.
- Quality Improvement: Ensuring consistent quality of products through effective
Market Research: A Comprehensive Guide to Elaborating and Presenting Reports
Lesson 8: Introduction to the Elaboration of the Report
No matter how competently a research project has been conducted, if the results are not presented well, the project is a failure. The results of market research must be effectively communicated to management. Presenting the results of a market research study to management generally involves a formal written report as well as an oral presentation. The report and presentation are extremely important.
In market research, two main objectives must
Read MoreThe Power of Storytelling in Sales: Dramatization Techniques and Ethics
Dramatization in Sales
Dramatization in sales uses storytelling, vivid imagery, and emotional appeal to present a product or service compellingly. This approach helps capture attention, make information relatable, and create a memorable impression. Here are some key aspects:
Pros of Dramatization in Sales
- Engagement:
- Captivating: Makes sales pitches more interesting.
- Relatable: Uses stories that customers can connect with.
- Understanding:
- Simplifies Information: Makes complex products or services easier
Subcontractor Management: Selection, Engagement, and Performance Evaluation
Subcontractor Selection and Engagement
Ensuring Equal Opportunity
The process for selecting and engaging subcontractors is designed to uphold the principles of the Equal Opportunity Act 2010, ensuring fairness and transparency for all applicants. This means our selection processes are:
- Open and transparent
- Free from influence or bias
- Administered without favor or discrimination
- Judged on appropriate merit
Shortlisting and Qualification Checks
To ensure we engage the most appropriate subcontractors, we have
Read MoreTransportation Planning and Modeling Principles
Trip-End Models
Applied prior to trip distribution, these models work better for cases where there’s no modal competition and no traffic congestion. They cannot include modal level of service attributes (travel time, cost, etc.) since no origin-destination (O-D) flows exist.
Trip-Interchange Models
Applied after trip distribution, these models split O-D flows computed by the trip distribution model. Since O-D demand is known, travel times and costs for competing modes can be computed. These models
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