ME 8101 - INDUSTRIAL MANAGEMENT

SYLLABUS-EIGTH SEMESTER-SCRA

TOPIC	CONTENTS
Management	definition and functions, nature of organisations, major functions of industrial enterprises and their relationships, Oragnisational goals, strategic v/s tactical goals, existence of multiple goals, reconciling multiple goals.
Marketing	role of marketing manager, forecasting environmental demand, qualitative forecasting methods, time series analysis.
Research and Development	methods of generating output, selecting the output, output design and development, product life cycle.
Purchase and Store keeping	purchasing forms and procedures, vendor development and selection, functions and duties of store keeper, location and layout of stores, physical verification of stores.
Finance	goals of financial management, functions of financial management, capital budgeting, money conversion cycle.
Personnel	objectives and functions of personnel management, job evaluation, outline of factory act, industrial disputes act, workmen's compensation act, wage payment act.
Production	importance of production function, function of production manager, types of production systems, economic lot size for batch production, production planning and control.
Maintenance	types of maintenance, reliability concept, preventive v/s corrective maintenance.

SUGGESTED BOOK

1.)Industrial Organisation and Engineering Economics by T.R.Banga and S.C.Sharma (khanna publishers)