— The term Production Management makes a direct reference to the production of services or goods by a company. Under the influence of globalisation, the system of production management is gaining wide ranged expansion and thus in demand of systematic strategies for the management of the same (Foropon and McLachlin, 2012). There are various functions of production management that are gaining significant importance in the recent time.

The very important function of production management must remain inclusive of designing and further developing the process of production for extensive outcome. The planning and control of the production process remains the vital means of investigation for the management of the company. The checks on quality, quantity, and control over the modes of production are the core functions to be emphasised professionally.

As these functions get into the move, the responsibility of the management gets serious in terms of implementing the strategic plan for developing all those activities that are liable in producing the desired production output. These activities comprises of HR related concerns, technology related domains, and departments dealing with legal and economic issues of the company. Pricing the products and handling the policies of selling are usually not part of production management, yet are dependent on reports offered by the department (Foropon and McLachlin, 2012). This is the reason that the functionalities of the production management remains vital among all the other departments of the company. The administration as well as the act of co-ordinating all the other activities related to production is part production management.

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