Industrial Management
IE 315 INDUSTRIAL MANAGEMENT
Unit 1:
Enterprise Management
Introduction to enterprise, business types, OEM, SSI vs LSI, Divisions and functions of an enterprise, Hierarchical structure and organization of group. Strategy Planning, Management techniques for developing strategy viz. Balanced Score Card, Opportunity Identification, Area vs. Product Matrix, Mind Mapping etc. Performance Management and analysis techniques viz. Ishikawa / Reverse Ishikawa diagrams, Critical Success Factors method, Business Process Re-engineering
[08 Hrs]
Unit 2:
Quality, Health, Safety and Environment Management and Enterprise Excellence
Quality Circles/ Forums, Quality Objectives, use of Statistical Process Control, Introduction to ISO 9000 and ISO 14000, Safety And Environmental norms.
Role of R & D, Innovation, Industry Institute Interaction, Long Term Economic Stability, Business expansion, diversion, Patent Management, Mergers and Takeovers, Global Market, Exports orientation, Effect of GAT/ WTO agreement
[09 Hrs]
Unit3:
Production Planning, Inventory Control and Supply Chain Management
Manufacturing Excellence, Outsourcing, Production planning techniques, Purchase and Inventory Management, inventory control using Economic Order Quantity, Minimum Order Quantity, Ordering Level, store keeping, Finished goods, semi finished goods, raw material handling and storage, Value Addition, Supply Chain concepts and management for leveraging profit
[07 Hrs]
Unit 4:
Human Resources Management
Manpower planning, Human Resources: exploiting true potential, Staff training and development, Motivation, Selection and training of manpower, Appraisal and increments management, Leadership skills, Delegation and development for growth. Objectives and Job Descriptions/ Role Summary
[07 Hrs]
Unit 5:
Financial Management
Capital Structure, Fixed & Working Capital, Sources of finance, Net Present Value, Assets management, Non Productive Assets, Project Costing and Project Report preparation, Pay Back Period, Return on Investment, Earnings Per Share, Evaluating company performance using company reports, Credit Notes, Letter of Credit, Bills and Hundi, Challans and invoices, Balance Sheet, Profit and Loss Account
[08 Hrs]
Unit 6:
Statutory Requirements
Company Laws, Taxation and Liabilities, Labor laws, Factory Inspection, Value Added Tax, Excise and Service tax, Market Participant Identification Number, Permanent Account Number
[07 Hrs]
Text books:
ﾂ｡ Management in Engineering- Gail Freeman- Bell and James Balkwill (PHI).
ﾂ｡ Modern Economic Theory- Dewett K. K.
ﾂ｡Industrial organization and Engineering Economic- T. R. Bange and S. C. Sharma.
ﾂ｡ Engineering Economics- C. D. Stervens.
ﾂ｡ Elementary Economic Theory- Dr. R. D. Gupta.
ﾂ｡ Business organization and Management- M.C. Shukla.
