11-GrC421_ProductionControl_Capacity

11-GrC421_Production - 1 ment for Print and Digital Media ersity Production Control Capacity Planning Purchasing& Inventory Management GrC 421

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Unformatted text preview: 1 ment for Print and Digital Media ersity Production Control, Capacity Planning, Purchasing & Inventory Management GrC 421 Production Managem California Polytechnic State Unive ment for Print and Digital Media ersity PRODUCTION CONTROL Production Control Mental and physical techniques and procedures employed to the end that the correct quantity and quality of a product shall be produced at the right time by the best and least expensive methods. Production Control coordinates all activities in a printing plant BENEFITS: GrC 421 Production Managem California Polytechnic State Unive 1. Permits quality and quantity production at a low unit cost 2. Minimizes idle time of labor, materials, and machines 3. Keeps work-in-process work moving at a rapid pace 4. Reduces handling and storage costs ent for Print and Digital Media ersity PRODUCTION CONTROL UNDERSTANDING PRODUCTION CONTROL Production control involves understanding and analyzing data Many forms are used to collect the data Many reports are used to show the data GrC 421 Production Managem California Polytechnic State Unive Understanding what data is important and being able to quickly access and interpret the data is one of the most important steps in decision making ent for Print and Digital Media ersity PRODUCTION CONTROL KEY COMPONENTS OF PRODUCTION CONTROL SYSTEMS A. Job order entry B. Shop loading/scheduling C. Time card entry D Materials and purchase entry GrC 421 Production Managem California Polytechnic State Unive D. Materials and purchase entry E. Materials inventory F. Finished goods inventory G. Packaging, shipping and distribution ment for Print and Digital Media ersity Financial Analysis VITAL REPORTS USED IN ANALYZING FINANCIAL STATUS 1. Income Statement (Profit and Loss) 2. Assets and Liabilities 3. COGS GrC 421 Production Managem California Polytechnic State Unive ment for Print and Digital Media ersity Financial Analysis GrC 421 Production Managem California Polytechnic State Unive 2...
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This note was uploaded on 12/05/2011 for the course GRC 421 taught by Professor Dougspeer during the Fall '11 term at Cal Poly.

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11-GrC421_Production - 1 ment for Print and Digital Media ersity Production Control Capacity Planning Purchasing& Inventory Management GrC 421

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