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Available courses

Mrdical Engineering

Course Summary: Industrial Organisation and Management

1. Introduction to Industrial Organisation

Definition: Study of how industries function, how firms behave in markets, and how they are structured.

Goals: Efficiency, productivity, competitiveness, and innovation.

Types of Industries: Primary, secondary, tertiary, quaternary.

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2. Forms of Business Ownership

Sole Proprietorship

Partnership

Joint Stock Company

Co-operative Societies

Public Sector Enterprises


Comparison Factors: Capital, liability, management, decision-making, and legal status.


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3. Industrial Location and Layout

Factors Influencing Location:

Raw materials, transport, labor, power, market, climate, government policies.


Plant Layout Types:

Product layout, Process layout, Fixed position layout, Cellular layout.


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4. Production Management

Functions:

Planning, routing, scheduling, dispatching, follow-up.


Types of Production:

Job, batch, mass, continuous production.


Productivity & Efficiency Metrics

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5. Materials Management

Inventory Control: EOQ, ABC Analysis, Just-In-Time (JIT).

Purchasing Procedures

Stores Management

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6. Quality Management

Quality Control vs Quality Assurance

Tools: Six Sigma, TQM (Total Quality Management), Kaizen.

Statistical Quality Control (SQC)

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7. Financial Management

Basic Concepts:

Capital, assets, liabilities, profit & loss, balance sheet.


Sources of Finance: Equity, loans, retained earnings.

Budgeting and Costing

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8. Human Resource Management (HRM)

Functions: Recruitment, training, appraisal, motivation, labor laws.

Leadership Styles: Autocratic, democratic, laissez-faire.

Motivation Theories: Maslow’s hierarchy, Herzberg’s two-factor theory.

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9. Organizational Structure and Management

Types: Line, line & staff, functional, matrix.

Principles of Management (Fayol, Taylor)

Decision Making & Delegation

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10. Entrepreneurship and Small-Scale Industries (SSI)

Role in Economy

Steps in Starting a Business

Support Agencies: DIC, MSME, SIDBI, NSIC.

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11. Industrial Safety and Welfare

Safety Programs: Training, equipment, emergency planning.

Welfare Measures: Canteens, restrooms, insurance, grievance handling.

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12. Recent Trends in Industrial Management

Lean Manufacturing

Automation & Industry 4.0

Sustainability & Green Manufacturing

Globalization & Outsourcing

Medica engineering