POM Presentation (1).pptx

8/14/2019 POM Presentation (1).pptx

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The production planning is to ensure that

manufacturing run effectively and efficiently andproduces products as required by customers.


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Capacity Planning

1. Capicity Size

2. Equipment Used.

Aggregate Planning

1. Facility Utilization2. Personnel needs

3. Subcontracting

Master Production Scheduling

1. MRP2. Disaggregation of master plan

Short-term Scheduling

1. Work center loading

2. Job sequencing

Long-term(years)

Intermediate-term(6 to 18 months)

Short-term(weeks)

Very Short-term(hoursdays)


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Production plan mainly aims to produe

right product

In right quantity.

In right quality.

In right time.

By the best and least cost method.


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HOW???


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Determines the type of quality and material used.

Determine the LOT size to be produced.

Determination of scrap & rejection at each stage of

production. Estimate total cost of production.


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Capacity Options --change capacity: changing inventory levels varying work force size by hiring or layoffs varying production capacity through overtime or

idle time subcontracting using part-time workers

Demand Options --change demand:

Influencing demand backordering during high demand periods counterseasonal product mixing


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Number of working days:

Jan 22

Feb 19

Mar 21

Apr 21

May 22

Jun 20


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Raw Materials

Works-in-Process

Finished Goods

Distribution Inventory

Supplies: Maintenance, Repair and Operating (MRO)


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COST ANALYSIS DEPARTMENT

OBJECTIVE


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WATER RESISTANT UPTO 300 METRES.STAINLESS STEEL.SCRATCH FREE GLASS.STOPWATCH AVAILABLE.LEATHER BELT.BATTERIES OF HIGH QUALITY.STYLISHGIVING COMPETITION TO WATCHES IN INDIAN

MARKET.


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ON RESEARCH AND DEVELOPMENT- 15,00,000EMPLOYEES AND SALESPEOPLE- 3,00,000IDENTIFYING CUSTOMER NEED- 2,00,000ANALYSIS OF COMPETITIORS PRODUCTS- 300000MISCELLANEOUS EXPENSE- 2,00,000TOTAL- 25,00,000

IDEA SCREENING & CONCEPT DEVELOPMENT AND

TESTING

IDEA GENERATION

IDEA SCREENING- 4,00,000DEMAND FORCASTING TEAM-3,00,000TESTING THE CONCEPT-4,00,000

MISCELLANEOUS EXPENSE-1,00,000TOTAL-12,00,000


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BUSINESS ANALYSIS

TEAM COMING UP WITH THE ESTIMATE NUMBER OF UNITS- 10,00,000TEAM ESTIMATING PROFITABILITY- 5,00,000TEAM FINDING BREAK EVEN POINT- 5,00,000TEAM FINDING THE SELLING PRICE- 10,00,000MISCELLANEOUS EXPENSES- 10,00,000TOTAL-40,00,000

BETA TESTING & MARKETINGPRODUCING MOCK-UP- 20,00,000PACKAGING- 3,00,000CONDUCTING FOCUS GROUP INTERVIEWS- 2,00,000MAKING ADJUSTMENTS WHERE NECESSARY- 5,00,000OTHER EXPENSES- 15,00,000TOTAL- 45,00,000


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TECHINICALIMPLEMENTATION

TECHNICAL EXPERT TEAM- 10,00,000PRODUCTION- 30,00,000LOGISTICS- 5,00,000ON QUALITY MANAGEMENT- 5,00,000OTHER EXPENSES- 10,00,000

TOTAL-60,00,000

COMMERCIALISATION

LAUNCHING THE WATCH- 25,00,000

ADVERTISEMENTS- 50,00,000OTHER PROMOTIONAL STRATEGY- 25,00,000DISTRIBUTION OF THE WATCH-30,00,000OTHER EXPENSES-20,00,000TOTAL-1,50,00,000


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NEW PRODUCTPRICING

TEAM WORKING ON DEVELOPMENT OF NEW PRODUCT- 10,00,000FORECASTING UNIT VOLUMES, REVENUE AND PROFIT- 5,00,000ANALYSING COMPETITION- 5,00,000OTHER EXPENSES- 10,00,000

TOTAL- 30,00,000

FURTHER EXPENDITURE OF RS.1,48,00,000 WILL BE INCURRED ON THEFIXED EXPENSES FOR THE STARTING OF THE ORGANISATION

ALL THE ABOVE EXPENSES WILL MAKE THE TOTAL BUDGET OFRS.5,10,00,000.


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Productionis the creation of goods andservices

Production and/orOperationsManagementare the activities thattransform resources into goods and

services


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Business Modeloverview

Material req

planing

TQMProcess

HRM

Product

Layout

Invent

ory

Location

POM


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Strategies

Process focussed

Product focussed

Efficient use Location selection

Job analysis

Standard levels

Work methods

Motivation/incentive system


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Process Should be Efficient in all measures.

Job Order.

Cost effective.

Defect free. Degree of automation.

Maintenance.

Desired output quantity.


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Nearby input market.

Nearby selling market.

Availability of workforce. Transportation cost.

Sufficient area.


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Product design

What product or service should we offer?

How should we design these products and services?

Target customer needs & wants.

25


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Total Quality Management :

The quality of the product should be the prime motive

Defect Free by continuous improvement.

Using right tools and methods to increase processefficiency.


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Inventory & Just In Time

There should be sufficient space for raw material andfinished product .

Near to machine area. Efficient supplier.

Effective communication.

TECHNICAL IMPLEMENTATION


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Job should be scheduled FIFO.

Also done on basis of Customer Type.

Also scheduling dates consideration.


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Analyses the process flow.

Find out loopholes.

Fixing to increase desired o/p.


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Coordination and synchronization b/w department.

Desired work force skilled and unskilled.

Target achievement

No idle time.

Right person to right job.

Maintenance

Regular maintenance

Cost efficient

Process efficient


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International production and operationsmanagement deals with production of goodsand services in international locations andmarkets. It involves management process

which has to take into consideration localproduction market (labor and capital) and

international customer requirements .

The very 1st difference is international business

environment where not just economics but alsointernational quality standards have to be maintained.

The 2nd aspect is the international stint makes thecompany more aware of its surroundings thus making itmore competitive.


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As IPOM is dynamic in nature, organization has to designit strategic objectives which cover following points :

Meeting international quality standards

Forecasting demand and production design

Profitability

Minimum production cost

Adaptation to modern available technology


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Culture

Business Environment

Quality Standards

Pricing Technology

Economies of Scale

Market Segmentation

Usage of resources


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Project Management

The application of knowledge, skills, tools, andtechniques to project objectives to meet

stakeholder needs and expectations. Includes : Planning, Organizing, Securing ,

Managing , Leading, Controlling resources

POM Presentation (1).pptx

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