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hasten up to absorb the technology, produce and market the same to get returns to cover up investment before it is outdated.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

Define creativity, Question 1 What are special events? Give example. Wh...

Question 1 What are special events? Give example. What is meant by vision statement? What are the components of a good vision statement? Question 2 Every bidding doc

Sensitivity anayysis n transprtation cost in excel, The sunshine Tomato Sou...

The sunshine Tomato Soup shippers produce tomato soup at three West Coast Canneries in Bakersfield, Phoenix and Eugene. The soup is shipped to four regional warehouses. Due to high

Record-keeping equipment -library equipment , Record-keeping Equipment -LIB...

Record-keeping Equipment -LIBRARY EQUIPMENT - LIBRARY MANAGEMENT Record-keeping equipment in the library is mainly used for keeping records of periodicals-current issues as th

Business Improvement Strategies, Hi there i need help in case study assignm...

Hi there i need help in case study assignment. Thanks

Document delivery service of insdoc, DOCUMENT DELIVERY SERVICE OF INSDOC: ...

DOCUMENT DELIVERY SERVICE OF INSDOC: INSDOC has been offering DDS at national level since 1952. The service is provided utilizing the entire country's resources including thos

Outline the major functions of the national assembly, QUESTION 1 What w...

QUESTION 1 What were the main arguments for and against the Independence of Mauritius in the 1960s? QUESTION 2 "The President of the Republic of Mauritius is a constitu

Home bindery vs commercial bindery, Home Bindery vs Commercial Bindery: ...

Home Bindery vs Commercial Bindery: The decision whether to send material to a commercial binder or to have a binder in the library is to be decided first. As binderies become

ORGANIZATIONAL BEHAVIOUR, List the various reasons in Organization xyz , wh...

List the various reasons in Organization xyz , which lead to its development

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