Production and Operations Management Fundamentals

There are a growing and widespread competition in the manufacturing industry nowadays coupled with unending production problems not to mention the rising prices of supplies, unavailability of resources, increasing fuel and energy costs and strict government legislation. Some might opt to stay in business but choose the less costly maneuvers to the extent of sacrificing the quality of their products and services. In order to compete, these firms must be ready to steer their operations in order to sustain their businesses. This seminar will discuss some strategies and techniques that can be adapted to counteract the impact of the situations cited.

This will require timely production planning and decision making that entails capacity planning, layout and site planning. Adopting lean manufacturing practices is also another approach in cutting production costs without sacrificing product/service quality. Other concepts such as make or buy decision making and outsourcing are also very vital strategies in order to stay in business. This one-day seminar intends to enlighten the participants on these production maneuvering concepts as well as give insights on how to achieve the ultimate objectives of the firm.