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Production Components Production Components Materials Inventory Materials Inventory Time & Costs Time & Costs Production Systems Production Systems

Production Components Materials Inventory Time & Costs Production Systems

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Page 1: Production Components Materials Inventory Time & Costs Production Systems

Production ComponentsProduction Components

Materials InventoryMaterials Inventory

Time & CostsTime & Costs

Production SystemsProduction Systems

Page 2: Production Components Materials Inventory Time & Costs Production 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)

Page 3: Production Components Materials Inventory Time & Costs Production Systems

Materials InventoryMaterials Inventory

Inventory CostsInventory Costs

Carrying CostsCarrying Costs

Shortage CostsShortage Costs

Page 4: Production Components Materials Inventory Time & Costs Production Systems

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

Page 5: Production Components Materials Inventory Time & Costs Production Systems

Time & CostsTime & Costs

Minimizing Production CostsMinimizing Production Costs

Managing Human ResourcesManaging Human Resources

Scheduling MaintenanceScheduling Maintenance

Page 6: Production Components Materials Inventory Time & Costs Production Systems

Minimizing Production CostsMinimizing Production Costs

Minimizing DowntimeMinimizing Downtime

Reusing & RecyclingReusing & Recycling

Page 7: Production Components Materials Inventory Time & Costs Production Systems

Managing Human ResourcesManaging Human Resources

Work ShiftsWork Shifts

Overtime WorkOvertime Work

Work TeamsWork Teams

Page 8: Production Components Materials Inventory Time & Costs Production Systems

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)

Page 9: Production Components Materials Inventory Time & Costs Production Systems

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)

Page 10: Production Components Materials Inventory Time & Costs Production Systems

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)