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INTRODUCTION
Industrial management studies the basic concept of production. “Management is a process used to
management and all other management related aspect, accomplish organizational goals.”
which are considered essential for companies. The
knowledge of industrial management is important to Industrial management is the branch of engineering
develop an understanding of various functions of that deals with the creation and management of
management, role of workers and engineers, systems that integrate people and materials and
production and operations functions, quality energy in productive ways.
management, organizational
zational behavior, industrial Industrial management is the organizational process
relations etc. Proper knowledge in industrial that includes strategic planning, setting objectives,
management would mean a successful career. managing resources, deploying the th human and
Management inputs strengthen the decision
decision-making financial assets needed to achieve objectives, and
powers of employees in organizations; they help in measuring results. It also includes recording and
understanding the techniques of resource
rce optimization storing facts and information for later use or for others
to achieve business results. In today’s complex within the organization.
business environment, every employee in his
workplace needs to plan, organize, direct coordinate Industrial management,, as a field of business
and control. Not only this, proper knowledge of administration,
on, studies the structure and organization
industrial management is required to save our of industrial companies. It comprises those fields of
environment then only problems regarding quality, business administration that are necessary for the
customer satisfaction, productivity, profitability etc. success of companies within the manufacturing sector
would solve. and the encompassing services (primarily operations
management, marketing, and financial management).
Keywords: Industrial management, production,
productivity, Inventory control, EOQ, SCM, Quality Development of industrial management:
control, Environmental issues Industrial revolution-the
the rise of factories
Machine power began to substitute for human
INTRODUCTION power
It led to mass production of economical goods
Industrial management is the combination of two Improved and less costly transportation systems
words- industrial and management. Industrial implies became available which created larger market for
referring to industry. Industry may be defined as “the goods
application of complex and sophisticated methods to Larger organizations developed to serve larger
the production of economic goods andd services.”The markets
complex and sophisticated methods refer to the use of
machines which improve the quantity and quality of
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International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470
Production and Productivity Management Functions
Production is defined as the conversion of inputs into Industrial management requires basic understanding
output. Inputs may be in the form of materials, labour, of the principles of management because it helps in
capital, energy, information etc. Output can be in the achieving the goals of an organization and individual
form of a product, service or information. employee. Without management functions the concept
Productivity is defined as the ratio of output to input of industrial management is not possible.
of a production system. Management functions are:
Productivity= Output/Input Planning-Planning is the fundamental function of
management. It is a rational approach to the
Techniques of increasing productivity future. “”Planning is basically deciding the future
Product development course of action”. It plays a very important role in
Specialization and standardization rational decision-making.
Market, consumer and product research Organizing- It is the effective designing of the
Value analysis work pattern and managers need to understand
Process planning and research organizations systems and structures, delegation
Method study of authority, span of control, etc.
Work measurement Staffing- It is necessary to man or staff the
Employee training positions, so that work runs smoothly. Staffing is
Production planning and control the process by which managers select, train,
promote and retire their subordinates.
Material control
Directing- It is the process by which the actual
Plant maintenance
performance of employees is guided towards
Improved working conditions
common goals of the enterprise. It involves
Safety leadership, communication, motivation and
Personnel Policy supervision.
Incentives Controlling- It is a comparison between the
actual performance and the set standards.
Benefits of increasing productivity
To earn good profit because of reduction in Importance of Management Functions
costs. Management provides guidance and controlling to
To have better utilization of resources. various activities of an organization.
To stand better in the market. Management coordinates activities of different
Higher wages departments in an organization and creates team-
Better working conditions and improved spirit in different persons.
morale. Management provides new ideas and vision to the
Job security and satisfaction. organization.
Better quality goods at reduced prices which Management tackles business problems and
helps to raise their standard of living. provides a tool for the best way of doing job.
Higher profits earned by factories will bring Management provides stability to the
more revenue to the government by taxation. organization.
It helps to increase the welfare of the nation Management helps in grooming the personality of
and development of national economy. employees thereby increasing efficiency,
It increases per capita income. productivity and profitability
Development of the nation.
In industrial management, management functions play
By properly applying these techniques of increasing very important role in achieving the organizational
productivity, profitability of an industry would goals as well as individual employees. While
definitely increase along with this reputation of an discussing management functions there is also very
industry would also increase. important issue regarding material management which
needs to be discussed to get the quality product on
time. The scope of material management varies
greatly from company to company and may include
@ IJTSRD | Available Online @ www.ijtsrd.com | Volume – 2 | Issue – 3 | Mar-Apr 2018 Page: 2483
International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470
materials planning and control, production planning, supply chain management is also very important. If
purchasing, inventory control and stores, in-plant the company wants to satisfy its consumers so supply
materials management and waste management. Main chain should be properly managed.
issues are:
Manufacturing and process of value addition. Supply Chain Management
Operation, keeping pace with the requirements of A supply chain is a network of supplier,
environment and competition. manufacturing, assembly, distribution and logistics
Delivery lead time and manufacturing strategies. facilities that perform the functions of procurement of
Supply chain management. materials, transformation of these materials into
Manufacturing process. intermediate and finished products, and the
distribution of these products to customer. The
Inventory Control objective of the supply chain should be to maximize
In industrial management, inventory control is very overall supply chain profitability. Successful supply
important. It is the process by which materials of chains manage flows of product, information, and
correct quality and correct quantity are made available funds to provide a high level of product availability to
as and when required. It is a technique of maintaining the customer while keeping costs low. The
the size of the inventory at some desired level keeping performance of supply chain can directly create an
in mind the best economic interests of the production impact on the productivity and profitability of the
system. The desired level can neither be too high nor company. Supply chain management involves some
too low because high level of inventory will lead to important decisions:
increase in carrying cost while low level will lead to Where-to-make and what-to-make or buy
increase in ordering cost. Inventories should be stored decisions.
at various levels like minimum inventory level, Creation of communication channels for critical
maximum inventory level, re-order level, average information and operational improvements with
inventory level and danger inventory level. Various suppliers, distributors and customers.
techniques of inventory control are as follows: Inventory decisions include quantity, quality and
ABC analysis location of inventory.
VED analysis Demand planning and forecasting.
HML analysis Inbound operations including transportation from
SDE analysis suppliers and receiving inventory.
SOS analysis Outbound operations including transportation to
FSN analysis customers.
XYZ analysis Order promising, accounting for all constraints in
the supply chain.
Importance of Inventory Control With the help of supply chain management, consumer
Avoiding lost sales would get products or services on just-in-time by
removing various types of waste as waste of
Gaining quantity discounts
overproduction, waste of waiting, waste of
Reducing ordering costs
transportation, waste of stocks, waste of motion and
Achieving efficient production runs
waste of making defective products.
Reducing risk of production shortages
Optimum investment and efficient use of TQM (Total Quality Management)
capital TQM is and effective system for integrating the
Availability of materials quality maintenance, quality development and quality
To check wastage improvement efforts of different functions of business
For the success of business to enable production and service at most economical
Along with the inventory control, the concept of levels to meet customers satisfaction. It focuses on
supply chain management is also very important. various issues like universal responsibility for quality,
Industry can be managed by managing supply chain consumer satisfaction means try to find out consumers
properly. It helps in getting the right quantity and needs, wants and desires and make products or
quality of products and services at right time and at services available to consumers on time at reasonable
right place. In industrial management, the concept of price, prevention of defective products or services and
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International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470
last includes continuous improvement of an smoothly. Proper staffing should be there means
organization like proper plant location, plant layout, recruiting the experienced, knowledgeable and skilled
machines, proper training and development programs employees and delegate them their responsibilities
for employees, incentives, performance appraisal, according to their expertise. Along with this there
proper supply chain management, proper production should be proper training and development programs
planning and control etc. Without TQM, industrial for employees and provide them all tools and
management is just impossible. equipments for doing the job in a best way. There
should be the concept of fringe benefits, rewards,
Environmental Issues performance appraisal etc. Proper direction and
Environment means encircle on surrounding. supervision should be given to employees. Proper
Environment includes both biotic and abiotic factors control actions should be taken by comparing the
that have some impact on growth and development of actual performance with the set standards.
certain organism. Ecological balance is maintained by
the combination of these factors. But human being is RECOMMENDATIONS
destroying our environment at a fast rate. For
Employees should be aware of the concept of
industrialization deforestation is going on large scale
industrial management.
and this is a serious problem for us. It results in
shortage of oxygen, excess of carbon dioxide which is Proper selection of proper planning regarding
increasing the temperature of planet leading to various demand forecasting, plant location, plant layout,
natural calamities. Not only has this, polluting air, material, its inventory management, latest and
water and land which are giving birthed too many advance technologies, machines, proper
diseases. Along with this, creating noise pollution production planning and control, correct selection
which creates deafness in people. Overall of production system, considering the concept of
environment is getting disturbed. Who is responsible TQM, supply chain management and realizing the
for this? It is not only the responsibility of the importance of environment.
government to save the environment but it is the Investment in the research and development.
individual responsibility to solve the problem. Different training methods should be provided to
Entrepreneur must understand that what kind of the employees according to the requirement of the
organization they are going to establish and what kind job.
of products or services they are going to offer to their There should be reward for the good performance.
consumer. There is a famous saying is that “nature There should be the concept of afforestation and
gives us more than it takes”. So for industrial reforestation which would minimize green house
management, without giving respect to nature there is effect and global warming.
no question of increasing productivity, consumer
satisfaction and profitability. REFERENCE
1. M.Mahajan – industrial management (Dhanpat
CONCLUSION
Rai & Co. (p) Ltd.
Industrial management has a very positive impact on 2. T.N.Chhabra- industrial management (Sun India
consumers and environment. On the basis of analysis Publications)
I would like to conclude that industrial management is
not possible by considering only one factor. In fact it 3. J.Sangal-industrial management (Shubham
is a combination of all factors which have a direct Publications)
impact on the business as well as environment. There 4. Anubhuti Dwivedi and Prateek Gupta (Ardent
should proper planning regarding demand forecasting, Publications)
plant location, plant layout, material, its inventory
5. www.omicsonline.org
management, latest and advance technologies,
machines, proper production planning and control, 6. www.emealdinsight.com
correct selection of production system, considering 7. www.journals.elsevier.com
the concept of TQM, supply chain management and
realizing the importance of environment. All activities 8. www.sciencedirect.com
should be properly organized so that all activities run 9. www.talent.com
@ IJTSRD | Available Online @ www.ijtsrd.com | Volume – 2 | Issue – 3 | Mar-Apr 2018 Page: 2485
International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470
10. Benefits of training and development for
individuals and teams, organizations and society.
By Herman Aguinis and Kurt Kraiger
11. Global Journal of management and business
research (impact of training and development on
organizational performance) by Raja Abdul
Ghafoor Khan, Furqan Ahmed Khan,
Dr.Muhammad Aslam Khan
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