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Demand Management: Process, Importance and Tools

ProjectManager.com

Whether a business is manufacturing or managing a warehouse, understanding demand management goes a long way to ensure that stock levels are always balanced with customer needs. Next, we’ll outline the demand management process to learn how to implement this planning methodology and how software can facilitate that process.

Process 307
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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban is from Japan, originating in the factories of the Toyota car company in the 60s as a lean manufacturing tool for workflow and inventory management. The name kanban means billboard in Japanese, and you can see why, as the process involves placing tasks represented by cards on physical or digital kanban boards. What Is Kanban?

SCRUM 411
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Cost of Production: Types of Production Costs

ProjectManager.com

The best things in life are free, but manufacturing goods cost money. Cost of production reflects all the costs that a business pays that are associated with manufacturing a product or providing a service. Some costs of production are labor, raw materials, consumable manufacturing supplies and overhead.

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What Is a Cost Breakdown Structure (CBS) In Project Management?

ProjectManager.com

Manufacturing a product or constructing a building is a complicated process, which in turn makes determining the price for that product equally difficult to discern. Cost breakdown analysis is the process of identifying what will determine the price of a product, service or any final project deliverable.

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Henry Gantt’s Biography & Role in Gantt Chart History

ProjectManager.com

It was an early attempt to merge the science of engineering processes with management. During this time he was writing articles, such as “A Bonus System of Rewarding Labor” and “A Graphical Daily Balance in Manufacture” for various trade magazines. It was pioneered by Frederick Winslow Taylor, an American mechanical engineer.

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6 Top Project Management Books for Engineers and Manufacturers

LiquidPlanner

To compile this list, we dug through Amazon listings, forums, blogs, and review websites to identify the best project management books specifically for those in the manufacturing and engineering industries. While this book focuses on megaprojects, many of the insights can be applied to engineering and manufacturing projects of any size.

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5 Project Management Trends for Manufacturing Teams to Watch in 2017

LiquidPlanner

a lot of industry trends and processes are focused on how to succeed in a new world of technology, market demands and productivity requirements. As always, market forces continue to influence how businesses manage their projects. The need for an IIoT strategy across the manufacturing floor. Flexible knowledge management.