What is Production Management

The systematic and highly organized process of planning, directing, and controlling the production activities within an organization to create goods or services efficiently is broadly termed production management. As a crucial component of operations management, production management focuses on optimizing the processes and resources necessary to produce a company's products and services. 

Production management, in general, includes the following aspects and stages:

• Setting Plans: One of the phases at the beginning, this stage involves setting production objectives and determining the required resources in addition to establishing a production schedule. 
• Organizing: One of the main responsibilities of a production manager is to arrange resources, including the allocation of tasks to workers, the layout of production facilities, and optimizing production.
• Directing: Involving managing labor, resolving issues, and overseeing day-to-day operations, directing is a kind of supervising role to ensure the working spirit of the workforce.
• Controlling: Controlling involves monitoring the production process to ensure it is running according to the plan. If there are deviations from the plan, production managers take corrective actions to maintain quality, meet deadlines, and minimize costs.

Production management also involves considerations of quality control, inventory management, cost control, and the utilization of technology to enhance productivity. It's crucial in both manufacturing and service industries and contributes significantly to a company's competitiveness and profitability.

Popular Production Management Course

There are a number of production management courses on offer from various colleges and universities in India and abroad, ranging from undergraduate and postgraduate courses to diploma and online certificate programs.  

Bachelor’s Courses in Production Management

• Bachelor of Business Administration in Management
• Bachelor of Fine Arts (BFA) in Production Management
• Bachelor of Science (BSc) in Industrial Management
• Bachelor of Science (BSc) in Operations Management/Management

Master’s Courses in Production Management

• Master of Business Administration (MBA) in Production Management
• Master of Fine Arts (MFA) in Production Management 
• Master of Science in Product Management (MSPM)

Other Courses in Production Management

• Certificate programs in Production Management
• Online programs in Production Management

Best Universities for Production Management

There are many different universities throughout the world that offer courses in production management. While the most common programs are bachelor of business administration, some colleges abroad also offer both postgraduate courses and diploma programs in product management. 

Some of the best universities for pursuing Production Management worldwide are:

Sr. No	University/College Name	Courses Offered
1.	Massachusetts Institute of Technology	Bachelor of Business Administration in Management Master of Business Administration(MBA) in Product Management Master of Science (MSc) in Management Master of Science (MSc) in Management of Technology Master of Science (MSc) in Management Studies Professional Certificate Program in Product Management
2.	Carnegie Mellon University	Master of Science in Product Management (MSPM)
3.	Purdue University	Bachelor of Science (BSc) in Industrial Management
4.	Stanford University	Management Science and Engineering (MS&E)
5.	University of Michigan	Master of Science (MSc) in Program and Project Management
6.	University of Nottingham	Master of Science (MSc) in Industrial Engineering and Operations Management
7.	Georgia Institute of Technology	Bachelor of Science (BS) in Business Administration in Operations and Supply Chain Management
8.	University of Pennsylvania	Bachelor of Science (BSc) in Operations Management/Management
9.	Columbia Business School	Master of Business Administration(MBA) in Product Management
10.	The Kellogg School of Management	Professional Certificate in Product Management