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HSMC501

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HSMC501

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Technical Report Writing on

Introduction to Industrial Management


Submitted By
Name: Koustav Chatterjee
University Roll No: 16931121024
Department: Computer Science and Engineering
Semester: 5th
Abstract:
Introduction to Industrial Management offers a thorough understanding of the crucial facets of
managing industrial operations. It covers a number of crucial topics, including production
planning, where students learn to efficiently schedule industrial processes to fulfill demand.
Understanding resource allocation is knowing how to distribute tools, supplies, and labor
efficiently, maximizing resource usage.
Another critical component is workforce management, which teaches students how to set up and
inspire teams for optimal output and job happiness. Products must adhere to strict standards in
order to retain customer satisfaction and market competitiveness, which is why quality control is
so important
Introduction:
Industrial management is a dynamic field that is essential to the survival and performance of
businesses in a wide range of industries. This introduction study seeks to provide insight into the
complicated field of industrial management by discussing its importance, goal, and foundation of
this thorough investigation.Industrial Management emerges as a lynchpin for firms attempting to
prosper in the face of ever-increasing competition in an era of globalization and quickly
changing markets. It includes a variety of ideas and methods necessary for the smooth operation
of industrial processes, resource optimization, quality control, and efficient administration of the
labor force. Industrial management expertise is essential for businesses looking to boost
productivity, save expenses, and keep a competitive edge.This report's goal is to give readers a
basic understanding of industrial management. It explores the fundamental theories, practices,
and equipment that support this field. By the end, readers will be well-versed in the principles
and understand the significance of Industrial Management in contemporary corporations.

Procedure and Discussion:


Methodology:Analysis and optimization of industrial systems with a focus on
effectiveness, excellence, and innovation is the main goal. Lean, Six Sigma, and TQM
methodologies are frequently employed to improve operational efficiency. Continuous
improvement, technology integration, and data-driven decision-making are also crucial.
The application of industrial management technique ensures that businesses can react to
changing market conditions and market dynamics while preserving sustainability and
profitability.
Theory:
Industrial management is now a branch of engineering which facilitates creation of
management system and integrates same with people and their activities to utilize the
resources.Industrial management is structured approach to mange the operational
activities of the organization

SCOPE OF INDUSTRIAL MANAGEMENT


1. Related to Designing of the production system.
2. Relating to analysis & control of production operation.
Several fundamental theories and principles that support efficient organizational
operations are the foundation of industrial management. The following are some of the
main theories in the area:

Frederick Taylor created the scientific management theory, which emphasizes the
scientific examination of labor processes to enhance efficiency. To boost productivity, it
emphasizes time and motion studies, standardization, and the division of tasks.

Henri Fayol invented the administrative management theory, which is based on


management concepts including unity of command, scalar chain, and task division. It
draws attention to the significance of management tasks like organizing, coordinating,
commanding, and regulating.

Functions of management:

● Planning : Identify goals and determine the best course of action required to
achieve those goal
● Organizing: Assign responsibilities to the employees with detailed skill sets needed to
complete the task
● Staffing: Hire the right people, for the right positions to the help the organization
achieve its objectives
● Coordinating: Coordination involves supervision , communication and direction by
the management
● Controlling: Monitor employees performance, compare it with the goals and take
corrective action as needed

POSDOCORB

The 7 Elements of POSDCORB


1. Planning – Establish what your objective is and work out what you and
your team need to do to achieve it. For example, you might want to
ensure that all customer orders are despatched within 24 hours of receipt.
Planning involves identifying each task that you need to carry out to do
this.
2. Organizing – Organize your team so that it can work at its best. Look
at its structure, and at how its subdivisions are arranged and coordinated.
Think about the reporting lines that you have in place and the number of
people in each team or role. Is this the most efficient way of working, or
could you improve it?
3. Staffing – Capable members of staff are key to a productive
organization. It's important to appoint the right people to the right
roles, so that they can work effectively. Practice effective recruitment,
train and develop your people , and match their skills and expertise to
the tasks that they're best suited to.
4. Directing – This is the ongoing job of making decisions and
incorporating them into the instructions that you give to your team
members. Arrange regular team meetings, one-on-ones and performance
appraisals to give them direction and make sure that they're clear about
their objectives.
5. Coordinating – This is the coordination of your people and of their work.
Gulick describes how managers have limited amounts of time and energy,
and how this must be considered when deciding how many people they
can successfully supervise ("span of control"). He also emphasizes that
each team member should take direction from only one manager to avoid
confusion ("unity of command"). By coordinating your team in this way,
you can make the best use of your resources and provide your team with
clear activities and process.
6. Reporting – Keep people in the organization up to date with what's going on.
Provide them with news, results and general information in formal reports.
and regular company updates, to boost their morale, productivity and commitment. This
also includes team members reporting in to you with their progress, issues and concerns.

7. Budgeting – Balance your expenses with your income by planning, estimating


and being disciplined with your finances. Creating a budget allows you to control your
organization's income and expenditure, and can determine the success of a project.

Scientific Management Technique:


Taylor's Scientific Technique
MANAGEMENT The scientific management approach propounded by F.W. Taylor is based
upon the following four principles:
(1)Science, Not Rule of Thumb: This principle says that we should not get stuck in a set
routine with the old techniques of doing work, rather we should be constantly experimenting
to develop new techniques which make the work much simpler, easier and quicker.

(2)Harmony, Not Discord: As per this principle, such an atmosphere should be created in
the organization that labour (the major factor of production) and management consider each
other indispensable. Taylor has referred to such a
situation as a ‘Mental Revolution’. Taylor firmly believed that the occurrence of a mental
revolution would end all conflicts between the two parties and would be beneficial to both of
them.
(3)Cooperation, Not Individualism: According to this principle, all the activities done by
different people must be carried on with a spirit of mutual cooperation. Taylor has suggested
that the manager and the workers should jointly determine standards. This increases
involvement and thus, in turn, increases responsibility. In this way we can expect miraculous
results.
(4)Development of Each and Every Person to His / Her Greatest Efficiency and
Prosperity: According to this principle, the efficiency of each and every person should be
taken care of right from his selection. A proper arrangement of everybody’s training should be
made. It should also be taken care that each individual should be allotted work according to
his ability and interest. Such a caring attitude would create a sense of enthusiasm among the
employees and a feeling of belongingness too.

Case Study:A manufacturing plant was experiencing declining production efficiency.


The plant manager was concerned about the impact this was having on the company's
bottom line. She decided to conduct a case study to identify the root cause of the problem
and develop solutions.
The case study revealed that the plant was experiencing a number of problems, including:
● Equipment breakdowns
● Poor quality materials
● Lack of training for employees
● Inefficient production processes
The plant manager developed a plan to address each of these problems. She
implemented a preventive maintenance program to reduce equipment breakdowns.
She also worked with suppliers to ensure that the plant was only using
high-quality materials. She provided training for employees on new production
techniques. And she redesigned the production processes to improve efficiency.
As a result of these changes, the plant experienced a significant improvement in
production efficiency. The plant manager was able to reduce costs and increase
profits.This case study illustrates the importance of industrial management in
improving the efficiency of manufacturing plants. By identifying and addressing
the root causes of problems, industrial managers can help to improve production
efficiency and profitability.

Here are some other examples of case studies in industrial management:

● A case study on how a company used lean manufacturing techniques to reduce


waste and improve efficiency.
● A case study on how a company used Six Sigma principles to improve quality and
reduce costs.
● A case study on how a company used a new production scheduling system to
improve delivery times and customer satisfaction.

Case studies can be a valuable tool for industrial managers to learn from the experiences
of others and to identify best practices. They can also be used to demonstrate the value of
industrial management to other stakeholders, such as investors and customers.

Challenges:Industrial management is a complicated topic that entails coordinating


several stakeholders, procedures, and resources in order to effectively accomplish
organizational goals. Despite its advantages, it has a number of drawbacks:

1. Global supply chains are susceptible to disruptions from natural disasters, unstable
governments, and changing economic conditions. These interruptions may cause
delays, higher expenses, and lower productivity.

2. Controlling the quality of a given product or service is a never-ending struggle.


Quality control efforts may be impacted by variations in production methods,
supplier quality, and shifting consumer expectations.

3. Human resource management: Important but difficult facets of industrial


management include overseeing a varied workforce, addressing labor-related
concerns, and assuring employee engagement and motivation.
4. Technology Integration: Organizations must constantly update their systems and
procedures due to the quick speed of technology development. It can be difficult to
seamlessly integrate new technologies.

5. Environmental Sustainability: Today's challenge is to strike a balance between


industrial development and environmental sustainability. Priorities include
adhering to regulations, cutting waste, and lowering carbon footprint.

6. Market competition is fierce on a worldwide scale. Strategic planning is necessary


to stay one step ahead of rivals in terms of innovation, cost-effectiveness, and
market share.

7. Projects in the industrial sector sometimes involve considerable risks. Risk


identification, evaluation, and mitigation are essential for a project's success.

APPLICATION OF INDUSTRIAL MANAGEMENT

Applications of industrial management are summarized in the following departments of


industry:

1. Managing and arranging the location of facilities


2. Design of Plant layouts
3. Management t of material handling systems
4. Supply chain management.
5. Production and Planning control
6. Quality control & Total quality management
7. Inventory & Materials management
8. Maintenance management
9. Operations management
10. Labor management

BENEFITS OF INDUSTRIAL MANAGEMENT

The efficient Industrial Management will give benefits to the various sections of the
society. They are:

(i) Consumer benefits from improved industrial Productivity, increased use value in the
product. Products are available to him at right place, at right price, at right time, in
desired quantity and of desired quality.

(ii) Investors get increased security for their investments, adequate market returns, and
creditability and good image in the society.

(iii) Employee gets adequate Wages, Job security, improved working conditions and
increased Personal and Job satisfaction.

(iv) Suppliers will get confidence in management and their bills can be realized without
any delay.
(v) Community enjoys Benefits from economic and social stability.

(vi) The Nation will achieve prospects and security because of increased Productivity and
healthy industrial atmosphere.

Conclusion:
In conclusion, industrial management plays a pivotal role in ensuring the efficient
operation of industrial processes and organizations. This field encompasses a diverse
range of tasks, from supply chain management to quality control, human resource
management, and technological integration.
Throughout this report, we have explored the theory, methodology, and challenges
associated with industrial management. We've seen that this discipline is not without its
obstacles, including supply chain disruptions, quality control issues, and the need to adapt
to rapidly evolving technologies. However, with these challenges come opportunities for
growth and improvement.
To overcome these challenges, organizations must adopt proactive strategies. These
include building resilient supply chains, investing in talent development, embracing
digital transformation, and prioritizing sustainability. By doing so, industrial managers
can ensure their organizations remain competitive, innovative, and adaptable in the face
of change.
Industrial management is a dynamic field, and its future promises to bring further
innovations and challenges. As such, it is essential for professionals in this field to stay
informed, continually improve their practices, and remain committed to the principles of
efficiency, quality, and sustainability.In essence, industrial management is not just about
managing processes; it's about managing change, fostering innovation, and driving
organizations toward success in a rapidly evolving industrial landscape.

References:
1. https://mechanicalpages.blogspot.com/2016/10/industrial-management.html

2. https://www.studocu.com/in/document/anna-university/mechanical-engineering/industrial
-management/40169936

3. https://www.researchgate.net/publication/277571772_Case_study_for_students_of_Indus
trial_Management'_by_Hkaushal

4. https://www.scribd.com/presentation/204137155/Introduction-to-industrial-management

5. https://openstax.org/books/principles-management/pages/references

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