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.
The difference is in the raw material. In production, the raw material is not procured from outside, the company owns it and after processing and make the final product. But in Manufacturing, the company procures the raw material from outside, and then makes the final product. manufacturing is a process of converting raw material in to finished product by using various processes,machines and energy.it is a narrow term. production is a process of converting inputs in to outputs.it is a broder term. every type of manufacturing can be production, but every production is not a manufacturing.