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Production management, also known as operations management or manufacturing management, is the process of planning, organizing, directing, and controlling. The production process ensures the efficient and effective creation of goods and services. It involves overseeing the conversion of raw materials, labor, and other inputs into finished products that meet customer demands and quality standards.
Efficient production management is essential for businesses to maintain a competitive edge, deliver products on time, and meet customer demands. It involves a blend of strategic planning, technical expertise, and effective leadership to optimize resources and ensure smooth production processes. By implementing best practices in them, organizations can achieve higher productivity, reduce costs, and enhance customer satisfaction.