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hasten up to absorb the technology, produce and market the same to get returns to cover up investment before it is outdated.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

What is the importance of technology diffusion, Question 1 Write a short n...

Question 1 Write a short note on technology strategy. Describe in detail about the innovation management Question 2 What is the importance of technology diffusion? What are t

Activities of a maintenance schedule, Question: (a) Which are the bodi...

Question: (a) Which are the bodies responsible for policies and decisions on the exploitation and use of water resources. Explain their respective roles and functions? (b)

Examples of good service and examples of bad service, Problem 1 Many su...

Problem 1 Many surveys have been carried out over recent years to try to evaluate why customers are lost. While the answers may vary by customer and organisation, survey after

Flexibility in contracts, Flexibility in contracts In the "1? and "2? m...

Flexibility in contracts In the "1? and "2? modes, the single entity is the Lump Sum Turnkey Contract (LSTK), EPC contractor and the D-B contractor respectively. In both these

An emerging model of responsive governance, The Public Sector Administratio...

The Public Sector Administration has undergone a process of evolutionary reform from the Traditional Public administration to NPM and now to an emerging model of responsive govern

Forms of centralisation - library management, Forms of Centralisation   ...

Forms of Centralisation   In centralised cataloguing we observe that there are several forms of centralisation like:  Card (or Sheaf) service  MARC (Machine-Readable C

Persuasion, Persuasion When communication is your goal often is to pers...

Persuasion When communication is your goal often is to persuade the audience to get the message that you are conveying to them. Persuasion is connected to the feasibility of th

Staff activity area of library building -library management, Staff Activity...

Staff Activity Area of library building -library management Main activities carried out by the professional staff of the library are: Acquisition, Technical Processing (catalo

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