Logistics and operation managment Essay Example | Topics and Well Written Essays - 2250 words - 1

Logistics and operation managment - Essay ExampleIn addition to this inventory management, capacity readying and computer programing are all considered to be significant factors in the choice of technology of the organization. These processes help in determining that how much capacity must be needed by the firm, the schedule and all the processes tie in to inventory management that are required for manufacturing a great product or begin the occupation of an entire new product.Before discussing the imbalance between inventory management, capacity planning and scheduling, it is important to spend a penny some understanding of these production aspects. Inventory management can be delimit as compulsory and overseeing the storage, ordering and making use of the components that will be used by the organization in the manufacturing process, as well as controlling and overseeing the quantity of finished goods for sale. Capacity planning can be delimit as the maximum rate of transform ation system processes or produced inputs. It can also be defined as volume of output within the elapsed time or the production cap major power of a manufacturing facility. There are a number of factors that affect capacity such as the number and ability of workers, number of suppliers and machines, waste, defects, scrap, productivity, errors, preventive maintenance and government regulations. The capacity planning can be relevant for both the short term as well as the long operations of the organizations.Scheduling can be defined as the process of controlling, arranging and optimizing the workload in the manufacturing or production process. It is used for allocating the machinery and define resources, planning production processes, planning human resources and purchasing materials. It is a significant process for engineering and manufacturing, where it may impose a significant impact on the production of the organization. In manufacturing process, the major purpose of scheduling is to minimize the time and cost of production by