INDUSTRIAL ENGINEERING MANAGEMENT: A WINNING TOOL OF SURVIVAL OF INDUSTRY & BUSINESS FOR TODAY & TOMORROW
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Old knowledge or education or business or machines with last 500 years old information ( which is already available ) are going to be replaced by more innovations, imaginations, new way of thinking, new way of smart problem solving skills, new chip controlled web based machines with more humanly heart approach & AI (artificial intelligence) empowered machines & technologies in the present & future world.
Accordingly new fresh renewed look to industrial engineering management is the urgent call for survival.
Industrial engineering management is like managing the whole affairs of the family or home or any ceremonial social events
Human resource is always endless, unlimited, untapped, unutilized, abundance resource having infinite potential to be explored.
Creating or generating need in the mind of customer & then satisfying their need is marketing management.
Financial management is like managing money or cash or finance at family at home or at any ceremony or event.
Production operations & strategies is like the activities of our day to day family life & the strategies that we take to run it.
Material management is like our home kitchen material management.
Material handling engineering management is like handling materials of our day to day family life , kitchen room materials.
Work study is like studying the day to day work of our family life to make it more productive, efficient & effective.
Plant location is like locating our house, our kitchen room & its layout.
Predicting future data (standing on this present moment) on the basis of past data is forecasting.
Break even analysis is basically analysis of quantity sold versus cost for an organization.
SQC is like quality control of our day to day family life activities either by controlling the process (SPC) or end products (AS)
We can apply emerging production engineering management philosophies in our day to day family life to make it more effective.We can apply new advancement of philosophies, technologies, gadgets to our day to day family life to make it more productive, effective, & efficient.
Operations Research is a quantitative decision making tool at our hands &at the hands of technical managers which help us while taking a decision in the industry & even in our daily personal life & family life.
Life' is like a project with birth as a head event and death as a tail event. Within this bound all activities are cost and time bound. We have to act very judiciously and play the role at each activity in a planned manner as per time demand and using the available scarce resources for optimization.
Engineering & managerial economics is like running the family economics.
Doing a business is a way becoming self independent, self reliant & of rendering service to mankind by creating more job opportunities more food for others more self independence, more prosperity of people & country
Dream of any business or organization should be to create or develop or design products or services for human satisfaction, for human comfort & ease. Survival of the organization depends on the repeat business which comes from satisfied & delighted customers only.
Safety first to avoid accidents. Any deviation of focus or attention leads to accidents. In Hindi, " NAZAR HATEE TO DURGHATANA GHATEE"
Industries operate in a society & hence industries emitting pollutants to society & in the environment should control for its survival in the society & under legal limitations imposed by the respective governments.
Warehouse location is like locating kitchen room/material store room in a house or a family.
LOB is like distributing work load within the family members of a family keeping a balance of workload for all maintaining a completion final end time schedule
Zeroing breakdown & increasing reliability through maintenance is the main philosophy.
Zeroing the stress is the stress management.
Giver mind do wonder
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