Modern Management Practices

1. Modern Management Practices

2. Introduction • Management is what the manager does • By using scientific knowledge, the manager fulfill the requirement of the department and employees • Modern Management is the Concept which is useful to work with full attention and it is also help as to reduce work burdens, and it is useful to make our work easy.

3. Strategies • JIT, • 5S, • TPM, • TQM, • Quality Control, • Kaizen, • ISO, • PCMM, • BPR, • BPO, • Balance Score Card

4. JIT • Just in time (JIT) is a production strategy that strives to improve a business return on investment by reducing in-process inventory and associated carrying costs. • Just-in-time production method is also called the Toyota Production System.

5. Process

6. 5S • 5S is the name of a workplace organization method that uses a list of fiveJapanese words: • seiri, - sorting • seiton, - straightening • seiso, - systematic cleaning • seiketsu, - standardizing • andshitsuke - sustaining

7. Process

8. TPM • Total Productive Maintenance, shortly termed as TPM, is the concept originated and developed by Japan Institute of plant Maintenance (JIPM) Tokyo,  • TPM means to achieve high level of productivity, through total participation of all people inside the organisation and then developing self -managing abilities in people and practices.

9. TPM is based on zero-loss concept viz., zero break downs, zero accidents, zero defect etc., primarily to achieve high reliability/flexibility of equipment and reduce costs through minimising wastage of man hours, raw material, power, tools etc.

10. Significances Japan Institute of plant Maintenance (JIPM) Tokyo

11. TQM • total quality management (TQM) is a management approach to long–term success through customer satisfaction. • In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.

12. Deming Prize • The Deming Prize is one of the highest awards on TQM (Total Quality Management) in the world. It was established in 1951  • JUSE – Japanese Union for Science and Technology

13. Process - TQM

14. Quality Control • Quality control, or QC for short, is a process by which entities review the quality of all factors involved in production. • Quality control is a process that is used to ensure a certain level of quality in a product or service.

15. Kaizen • The word Kaizen means "continuous improvement". It comes from the Japanese words 改 ("kai") which means "change" or "to correct" and 善 ("zen") which means "good".

16. Significances • Everyone is encouraged to come up with small improvement suggestions on a regular basis. This is not a once a month or once a year activity. It is continuous.

17. ISO • The International Organization for Standardization  widely known as ISO, is an international standard-setting body composed of representatives from various national standards organizations. • Founded on 23 February 1947, the organization promulgates worldwide proprietary, industrial, and commercial standards. • It has its headquarters in Geneva, Switzerland.

18. Significances •  ISO 14001 (environmental management) • ISO 50001 (energy management), • ISO 9000,  quality management • ISO 27000,  Security Management  • ISO22000,food safety