Industrial Management Software
CONCEPT OF INDUSTRIAL MANAGEMENT
Industrial management is the organizational process that includes strategic planning, setting; objectives, managing resources, deploying the human
and financial assets needed to achieve objectives, and measuring results.
Industrial Management can be defined as the effective and efficient running of an industry using its human and non-human resources in order to
achieve its set goals and objectives. It can also be defined as the effective and efficient utilization of organizational resources to achieve an
industry set goals.
1.Leaner, more efficient, and more profitable business practices while increasing customer service and quality.
2.Improved efficiency. This improves competitiveness, profitability, and reduces resource requirements.
3.The idea of setting labor or time standards. The original production lines in the 1920s were successful because of IEs.
The IE profession is timeless and can be molded to fit the times and the place.
4.Good organization and improving productivity – these improvements eliminate or reduce some of the frustrations of life and are essential to
the long term health of business.
5.Increased ability to do more with less.
6.Making work safer, faster, easier, and more rewarding.
7.Providing a method by which businesses can analyze their processes and try to make improvements to them. It is focused on optimization –
doing more with less – and helps to reduce waste in society.
8.Increased cycle time and throughput thus helping more people get their product quicker.
9.Assistance in guiding society and business to care more for their workforce while improving the bottom-line.
10.Showing ways to improve the working environment, improving efficiencies, and teaching people about ergonomics.
11.Making the world safer through better designed and easier to use products.
12.Reducing costs associated with new technologies, thus allowing more of the population to better their lives by being able to afford