What is Production Management

Production Management is a popular topic in many disciplines such as Engineering, Economics or even Maths. 

It is also known as "Operations Management", even if this term means more in general the management of all the productive processes of a company.

Production Management started to be a topic of merely manufacturing systems, but now many techniques and methods are applicable to service companies.

In fact, we refer to decisions, processes, tools and information that determines what to supply, to produce and to sell a product or to deliver a service, with the final aim to optimize the performance of the company and to create a competitive advantage.

Apr 14, 2017 12:58 PM
Comments · 1
In modern times production management has to perform more complicated problems like inventory control and quality control, design and developement of the processes, maintenance management, etc. and the list is indeed vast. Added to the above are other related topics that are known as the scope of the production management, and clearly points out that production management is not only a set of techniques. Not to mention the  current tendency to the 'smart factory', related to which is called as the Fourth Industrial Revolution or Industry 4.0.
April 14, 2017