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Production & Operation Management - 4th Sem (M.Sc HA)

Advanced Manufacturing System

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Last updated: 29 July 2023

Advanced Manufacturing System 

Advanced Manufacturing System is a powerful software suite designed to simplify the process of planning and managing production processes. Integrating accounting, production, ordering, and inventory management, the system can control all aspects of the production and involved the accounting process via an intuitive, user-friendly interface.

The system is the result of many years of experience with a wide range of manufacturing businesses. It is built on up to date technology and is being continually enhanced to keep in step with a rapidly changing business environment. Because Advanced Manufacturing System is easy to learn, cost-effective and flexible, it quickly becomes an essential part of a business’s growth strategy.

To maintains and grows a company’s position in the market, the focus needs to be on the three key elements that drive the industry. They are quality, efficiency, and productivity. The issue is when trying to maximize each element without having a negative effect on the other.

To manage this complexity is the ABM’s Advanced Manufacturing System.

A software management tool designed to simplify, organize, manage and control every step and element of a business’s manufacturing.

Features

» Detailed bill of materials
» Material requirements planning
» Real-time inventory control
» Purchase order generation
» Reserved stock
» Serial and lot number tracking
» Flexible production runs

Benefits

» Provide effective process management
» Reduce time and materials wastage
» Manage inventory stocks efficiently
» Enable production flexibility
» Understand true costs and variances
» Improve the speed and accuracy of quotes
» Improve planning efficiency
» Generate comprehensive reports

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Syllabus – Production & Operation Management

1. Issues in Production/ Operations Management

  1. Production/Operations Management – an overview
  2. Production System : Issues & Environment
  3. Total Quality Management (TQM)

2. Forecasting

  1. Need and Importance of forecasting
  2. Qualitative methods of forecasting
  3. Quantitative methods of forecasting

3. Production System Design

  1. Capacity Planning
  2. Facilities Planning
  3. Work System Design
  4. Managing Information for Production System

4. Production Planning & Scheduling

  1. Aggregate Production Planning
  2. Just-In-Time (JIT)
  3. Scheduling and Sequencing

5. Materials Planning

  1. Issues in materials management
  2. Independent demand system
  3. Dependent demand system

6. Emerging Issues in Planning / Operations Management

  1. Total productive maintenance
  2. Advanced manufacturing system
  3. Computers in planning/operations management