Publisher's Synopsis
Production Managementit's Meaning, Definition, Function and Scope.The systems aspects of manufacturing are more important than ever today. The word 'manufacturing' was originally derived from two Latin words 'manus' (hand) and 'factus'(make), so that the combination means 'make by hand'. In this way manufacturing was accomplished when the word first appeared in English around 1567. Commercial goods of those times were made by hand. The methods were handicraft, accomplished in small shops and the goods were relatively simple. As many years passed, the products become more complex along with processes. Thus factories were developed with many workers at a single site; the work was organized using machinesModern manufacturing enterprises that manage these production systems must cope with the economic realities of the modern world. These realities include the following: -Globalization-International outsourcing-Local outsourcing-Contract manufacturing
