Production process , Other Management

Assignment Help:

Production Process 

Let us begin our discussion with the production process.  The production process for any project begins soon after the research and development department finalises the design/development of the product. The project under reference may be any one of the following types or combination of any of them: 

  • Collaborative project:  In this type, the project collaborator will arrange to provide the complete know-how to the project producer/contractor. The transfer of know-how will be in the form of detailed technical drawings, processes, technology, equipments used and so on, for the producer to manufacture the equipment and market the same directly or through the collaborator. Transfer of technology in case of complex projects takes place in phases, spread over a period to facilitate organising/absorption of the same by the recipient. On many occasions, the producer develops a part of the equipment or units and the collaborator develops a part of it .The project shapes to total equipment for an application after integration. This normally happens when a project design involves a multidisciplinary technology, where each one of the company is specialised in their field. The benefits of collaborated projects are easy availability of technology for projects with no development hassles at a cost of course. However, the producer/marketer should hasten up to absorb the technology, produce and market the same to get returns to cover up investment before it is outdated. 
  • Total in house development project: In this type of project, the project is totally developed in house with each Research and Development (R & D) group specialising in their own field and developing their part of the equipment. The development cycle for the project takes its own toll due  to the cycle time, with the result that only companies existing in the product field can afford to take up. 
  • Integrators:  In the present age of high tech equipment for complex projects, companies resort to design a system with bought out units and sub unit from different manufacturers specialised in each of them. The system designer integrates these units, tests them and conducts field trials before installing the same to complete the project. Any new product has to go through the product life cycle of introduction, growth, maturity and decline. Time scales in each of these stages vary depending on the nature of the project, the technology involved in it and so on. Projects of certain nature like drugs and pharmaceuticals involve a long cycle and extensive field trials before the approvals by statutory authorities prior to release.  

Related Discussions:- Production process

International marketing, define international marketing and furnish its fea...

define international marketing and furnish its features

Periodicals - binding policy for libraries, Periodicals: Now let us di...

Periodicals: Now let us discuss the type of documents that need binding in libraries. Among these, periodicals need to ' be bound for their archival value. Periodicals constit

State and explain fully the capital asset pricing model, QUESTION (i) S...

QUESTION (i) State and explain fully the Capital Asset Pricing Model (CAPM) (ii) An asset X has an expected return of 20%. The risk free rate is 6%. Find the expected return

Library catalogue code - library management , Library catalogue code: ...

Library catalogue code: A library catalogue code, one or two of which (for, there are a score of the them), as you may have surely become familiar with to some extent, can be

Forms and records - technical department, FORMS AND RECORDS: The Techn...

FORMS AND RECORDS: The Technical Department does not  have  to maintain any register unlike other departments, However, it has the use of other appropriate records, forms and

Personnel and tools - planning and organisation , Personnel: Technical...

Personnel: Technical processing work is, perhaps, the area in the whole library work where the highest degree of professional expertise is needed. Therefore, the technical dep

Explain the philosophy behind quality management system, Question 1: (a...

Question 1: (a) Explain the basic philosophy behind quality management systems such as those specified in ISO 9000:2000 series. (b) Discuss how an effective quality manageme

Organizational behaviour, A large unit manufacturing electrical goods which...

A large unit manufacturing electrical goods which has been known for its liberal personnel policies and fringe benefits is facing the problem of low productivity and high absenteei

Periodical display rack-step type, Step type-Periodical Display Rack-librar...

Step type-Periodical Display Rack-library furniturein in libraray management  In this type the periodicals are displayed stepwise, each step being 5 cm deep and 15 cm high. Le

Write a short note on dagmar, Question 1 Explain any five components of fa...

Question 1 Explain any five components of fashion retail industry Question 2 Explain any five components of promotion mix Question 3 Explain scope and functions of

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd