Advice 1: What is management science

Management in English means "management". This study examines the techno-organizational, socio-economic foundations and principles of process control.
What is management science

The concept of "management" emerged in the late XIX-early XX century, the Group of advanced Western engineers organized a movement which was aimed at increasing productivity and improvement of social relations.

Management as a science studies the governance structures, systems of relations between workers, the mechanisms of these relations, the behavior of the employees and much more. The purpose of this science is the formulation and practical application of General management principles, which can be used in any field and in any enterprise.

The main goal of management is to organize the production of products and services, considering the needs of customers and using available resources (material and human), the achievement of profitability of the production process and a stable position on the market.

Management sets specific goals, develops activities to achieve them, identifies the interaction of departments of the organization makes the coordination of these interactions. This science also deals with improving the structure of the enterprise, optimizes decision-making processes, developing incentive systems, creates effective leadership styles.

Management as science works in the following way: the information is collected and performed the analysis. The findings are used for decision making. Next is the mandatory monitoring of the implementation of these decisions. Control is a critical function of management.

In management there are several scientific approaches to the management of firms. The traditional approach considers separately the production process, personnel, management system, motivation, etc., the Process approach provides for the development of algorithm of steering by the organization. Systematic approach reflects the work of the organization as a system with goals and objectives, achievements and results. Thus, the paper discusses the relationship between management and staff, customers and company, etc. the Situational approach requires changes in management practices depending on the situation in the organization. Analyzes all practical situations and the performance of the organization in each of them.

A competent leader is obliged to use in his work all the principles of management. He needs to see and understand the reasons why the actual achievements of the company do not coincide with the order. Manager must also be able to identify a core set of interrelated problems, to eliminate causal relationships in this area; to predict future events, to develop effective methods of strategic and operational management.

Advice 2: What is production management

Management – a science that studies the proper management of all resources in a variety of fields. Production management covers these issues in an enterprise environment.
What is production management

The concept of production management

Start or grow production without proper problem definition and objectives to be achieved, a blunder. This is what management. All available resources need to correctly dispose of to achieve maximum results. This includes labor, material, property, equipment, money.

In addition, the role of such a Manager lies in the correct representation of the current market situation and its development in the future. It is important to understand the expectations of potential customers and to control the situation within the enterprise.

The ultimate goal of any production – the production of maximum number of units of the goods with the expenditure of least amount of resources without reflection on quality and competitiveness. For the market Manager also has the responsibility, but together with the marketing Department. Accordingly, it is necessary to think about the simplification of production (automation), improving the quality of work, ensuring the best conditions for the purchase and delivery of materials.

Characteristics of management profession

Finding really good Manager – almost an impossible task. Such people should work directly in production for several years, have the necessary volitional qualities and at the same time to be sufficiently prepared for doing things.

The General concept of production management the same in any field, but all the nuances are quite different depending on the direction of the company. And everyone needs to be aware and take into account the person take the job or higher position. All modern companies hold on to their professionals, because people with experience virtually no labour market.

An employee working in this position, he knows the whole structure of the work on this enterprise and others like him in this industry. At his disposal is great power and great responsibility for the success in the development and employees. All this implies the maintenance staff, who help him to fulfill his plan. Specialist in production management must have excellent theoretical base and a commitment to its continued expansion and application of new methods of doing business in an enterprise environment.

Each of the modern large enterprise is the person who performs the tasks of production management and organization. Perhaps his position is called differently, but it accomplishes the task Manager.

Advice 3: What material resources

Material resources – a collection of material values and resource capacities required to ensure continuous production of products, provision of services and execution of works contracts. Each entity consumes and stores a huge number of such resources and keeps a register on types, brands, varieties and sizes.
What material resources

That refers to material resources

Material resources are one of the main items recorded and analysed in accounting and financial accounting in the company. These include various kinds of raw materials and fuels, materials, components, semi-finished products and energy purchased by company to ensure the production process. The wider the range and the range of products or services, the greater will be the nomenclature and the range of necessary consumed material resources.

When considering material resources, they are grouped and aggregated according to homogeneous characteristics with subsequent distribution into sections and assigning each of them to the appropriate index. These indexes and symbols allow us to classify all the existing material resources and conducted in accordance with the nomenclature that facilitates their efficient management and constant monitoring to ensure continuous production cycle. This is achieved through relevant projections and calculations.

Material management

Material resources, their value and quantity, have a direct impact on an important indicator of economic activity of enterprises, as the cost of the manufactured products. Therefore, an important functional component of activity of the enterprise is to optimize materials management.

In the process of management is the planning parameters of the material flow, which is in the planning needs for material resources. In this function of management includes sourcing, forms and channels of material flow, to determine the optimal size of shipments, timing and frequency of their delivery to the warehouses of the enterprise.

In management functions also include the organisation of acquisition of material resources – payment and payment delivery from the seller to the buyer through the channels of commodity circulation. The material flow thus must be adjusted so that they meet the needs of the market. This is due to the adjustment of the terms of delivery and use of various forms of accounts payable. Material management involves continuous control over the movement of material flow, it needs to be sensitive to deviations from the planned, which is both the objective and subjective reasons.

With all that economic agents are independent, in the control system they are independent from each other because they are both partners and customers. Therefore, material management is also tailored to market realities based on prices from supply and demand, and Vice versa.
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