Objectives of Production Management| Production and Materials Management| SNS Institutions

#snsinstitutions #snsdesignthinkers #designthinking In this video we will be discussing the objectives of Production Management The core objective of production management is to efficiently manufacture goods or deliver services by balancing the "rights": the right quality, the right quantity, at the right time, and at the minimum manufacturing cost. It ensures inputs (materials, labor, capital) are optimally transformed into outputs.