Managerial Decision Making using Industrial Engineering

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Industrial Engineering (IE) primarily looks at work system improvement. Started initially as an aid to improving productivity in manufacturing sector it has embraced service sector in successive years. The IE principles focus on continuous improvement at work place. Over the years various tools and techniques have emerged as outcome of highly industry driven research. Studies have focused from operator level to factory level decisions that help a firm achieve its mission of continuous improvement. These tools or industrial engineering principles are used for getting the solutions that enhances the overall efficiency and productivity of the system. These principles further helps in eliminating waste of time, money, material, energy and other resources thereby economising the operation to maximise profit margin in a highly price sensitive product market. This programme aims to acclimatize the participants with the fundamental concepts of industrial engineering principles, to introduce them methods and techniques of making managerial decisions using these principles and to provide training in applying these tools and techniques. Approaches as also the techniques vary according to the needs of different managerial levels. These decisions are broadly classified as operational, tactical and strategic decisions. Focus of this programme is to enable participants to understand the application of Industrial engineering concepts and techniques that help taking decisions at operational, tactical and strategic level for improving overall performance of firms.

? To furnish the participants with the fundamentals of industrial engineering and principles. ? Developing participants to take intelligent decisions at operational, tactical and strategic level. ? To provide practical knowledge on application of industrial engineering principles.

I. Operational decision making: Production planning decisions covering aggregate production planning and scheduling decisions. II. Tactical decision making: Man power planning decisions using concepts of time and motion study and work sampling. III. Strategic decision making: Facilities planning decisions covering facility location and facility layout.

For lower and middle level managers

Course Details

Venue Online
Duration 30 Hrs.
Starts On Aug 22, 2022
Faculty Prof. Padmanav Acharya

Fees Details

Duration Professional Fee*(Per participant) GST(18%) Total Fees(Per Participant) Programme Code
30 Hrs. 15,000.00 2,700.00 17,700.00 1 23 2 17
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