One-Trick Ponies Get Shot: How services companies can avoid the vendor trap, do better work, and prosper. It's this post, but for services companies in general. Available on Kindle, here. I admit it: For 20 years, Iâve been obsessed about digital marketing.
Production Management. Production management on the other hand focuses specifically on the production of goods and services and is concentrated upon churning output from input. It is a broad sum of activities that go into turning raw material into final, finished product.
Factories are run on resources namely laborers, capital and plant whereas a mill is not run on heavy resources. This highlights that the two words mill and the factory cannot be used interchangeably as they refer to two different things. This difference can be summarized as follows.