production components materials inventory time & costs production systems

Production ComponentsProduction Components

Materials InventoryMaterials Inventory

Time & CostsTime & Costs

Production SystemsProduction Systems

Materials InventoryMaterials Inventory

Inventory TypesInventory Types

TransitTransit

MaterialMaterial

Work-in-process (WIP)Work-in-process (WIP)

BufferBuffer

Maintenance Repair & Operations Maintenance Repair & Operations (MRO)(MRO)

Finished Goods (FGI)Finished Goods (FGI)

Materials InventoryMaterials Inventory

Inventory CostsInventory Costs

Carrying CostsCarrying Costs

Shortage CostsShortage Costs

Supply Chain ManagementSupply Chain Management

Sequence that includes:Sequence that includes:

Material SuppliersMaterial Suppliers

Material InventoryMaterial Inventory

ProductionProduction

Finished Goods InventoryFinished Goods Inventory

DistributionDistribution

DeliveryDelivery

TrackingTracking

CustomerCustomer

Time & CostsTime & Costs

Minimizing Production CostsMinimizing Production Costs

Managing Human ResourcesManaging Human Resources

Scheduling MaintenanceScheduling Maintenance

Minimizing Production CostsMinimizing Production Costs

Minimizing DowntimeMinimizing Downtime

Reusing & RecyclingReusing & Recycling

Managing Human ResourcesManaging Human Resources

Work ShiftsWork Shifts

Overtime WorkOvertime Work

Work TeamsWork Teams

Scheduling MaintenanceScheduling Maintenance

Four Basic Approaches:Four Basic Approaches:

- Preventive Maintenance (PM)Preventive Maintenance (PM)

- Corrective MaintenanceCorrective Maintenance

- Predictive Maintenance (PdM)Predictive Maintenance (PdM)

- Total Productive Maintenance (TPM)Total Productive Maintenance (TPM)

Production SystemsProduction Systems

Types of Production SystemsTypes of Production Systems

Push SystemPush System

Pull SystemPull System

Agile ManufacturingAgile Manufacturing

Just-in-time Production (JIT)Just-in-time Production (JIT)

Production SystemsProduction Systems

System CombinationsSystem Combinations

Lean ManufacturingLean Manufacturing

Material Requirements Planning (MRP)Material Requirements Planning (MRP)

Manufacturing Resources Planning (MRP II)Manufacturing Resources Planning (MRP II)