Meaning and Definition of Production Management
Production management is a stream of management that is associated to the production function. Production might be termed to as the procedure concerned with the conversion of inputs (raw materials machinery, manpower, information, and other factors of production) into output (semi finished and finished goods & services) with the help of certain procedures (planning, scheduling and controlling and so on,) whereas management is the procedure of exploitation of such factors of production in order to attain the desired outcomes.
According to E. F. L. Brech, production management then becomes the procedure of efficiently planning and regulating the operations of that part of an enterprise that is responsible for real transformation of materials into complete products.
According to Elwood S. Buffa: production management deals with decision making associated to production process and hence the resultant goods or services are produced according to specifications in quantity and by the schedules demanded and at lowest cost.
According to H. A. Harding production management is worried with that process which converts the inputs into the outputs. The inputs are different resources such as raw materials men machines methods and so on, and the results are goods and service