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hasten up to absorb the technology, produce and market the same to get returns to cover up investment before it is outdated.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

Full life cycle framework in it governance, The full lifecycle framework ...

The full lifecycle framework The objective of this section is to introduce the full lifecycle approach proposed by Berghout et al. (2002). This framework  deals  in an effectiv

Health and research management, 1.  You will critically review 6 or more sc...

1.  You will critically review 6 or more scholarly articles that inform the reader about your topic. You should have: At least: Two articles that describe the overall issue or

Organizational behavior, what type of errors would you be prone to make whi...

what type of errors would you be prone to make while making these judgement towards goofing employees?

Checking with the catalogue - library classification, Checking with the cat...

Checking with the catalogue: The individual classifier  who is allotted a  set of documents for processing will first  check  each item in the set with the library catalogue.

Negotiation is a one phase process, Question 1 Negotiation is a one pha...

Question 1 Negotiation is a one phase process. Evaluate this statement. Question 2 Mr John, the Managing Director of your institution has come across the term ‘mediati

How is strategy to be implemented, QUESTION 1- What is strategy impleme...

QUESTION 1- What is strategy implementation and what problems may arise in implementing a strategic change? 2- Who implements strategy in the organisation and how can the be

Differentiate between formal teams and informal teams, Question 1 The t...

Question 1 The type, structure, and composition of individual teams vary within an organisation. a) Differentiate between formal teams and informal teams, using appropriate

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

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

Fixed interest bearing instrument, QUESTION When an investment is made ...

QUESTION When an investment is made in a fixed interest-bearing instrument, the risk is that the secondary market rate at which these instruments trade will increase, with a re

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