Management

Inventory management is a material or goods stored to be used to fulfill a specific purpose, such as for use in the production process or assembly, for resale, or for parts of an equipment or machinery. Inventories can be raw materials, auxiliary materials, goods in process, finished goods, or parts. You could say there are no companies that operate without supplies, even though inventory is simply a source of funds idle, because before the inventory used to mean funds that are bound therein can not be used for other purposes. Once the importance of this inventory so that the accountants put it on the balance sheet as a current asset heading. As one of the important assets of the company, because it usually has a value large enough and have an influence on the size of the operating costs-planning and inventory control is an important activity that received special attention from the management company. Each section in the company can view the inventory of a variety of differ...

Production management is one part of the management areas which have a role in coordinating the various activities to achieve the goal. To regulate this activity, decisions need to be made related to efforts to achieve the goal of keeping the goods and services produced in accordance with what was planned. Thus, production management involves decision-making related to the production process to achieve organizational goals at a company. Aspects of production management include; A.     Production planning Intended that the execution of systematic preparation for production to be run. Decisions that must be faced in production planning: 1.       Type of goods manufactured 2.       The quality of the goods 3.       The amount of goods 4.       Raw materials 5.       Control of production 6.       Control o...

Marketing management using various tools of economics and competitive strategy to analyze the context of the industry related to the company's operations. Including Porter's five forces analysis group strategic competitors, and value chain analysis Depending on the industry, regulatory contexts may also be important to be studied in detail. In the analysis of competitors, marketers up the data of detailed profiles of each competitor in the market, focusing mainly on the relative competitive strengths and weaknesses of their using SWOT analysis. The marketing manager will study the cost structure, the source of profits, resources and competencies, competitive positioning and product differentiation, the level of vertical integration, historical responses to industry developments, and other factors of each competitor. Understanding Marketing Management Marketing Management is a tool of analysis, planning, implementation and control of programs designed to create, bui...