Production Management | What is Inventory Control ? | Great Learning

Manufacturing, preparing, and influence covers the management of activities related to the production of goods and services. Production management encompasses all aspects of the manufacturing process, including planning, organizing, directing, and regulating. With the rapid rise of product-based startups, it can be difficult to keep track of production timelines. For example, if you're a multichannel retailer, wholesaler, or e-commerce brand, it can be difficult to keep track of everything accurately. This is where production management systems come in; they enable you to track your goods and services in an efficient and accurate manner. So if feel the need to dig deeper and know more about it?, sit tight as we bring to you all the information you need, right on your screen.

00:00:00 Agenda
00:02:30 What is Production Management?
00:14:12 Aggregate planning
00:23:26 What is Forecasting?
00:34:34 What is Inventory Control?
00:45:58 Economic order quantity
00:55:05 Assembly line Balancing
01:02:05 Plant location
01:09:16 Summary

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