Mumbai University > Mechanical Engineering > Sem 8 > Industrial Engineering And Management

Marks: 5M

Year: Dec 2015

Industrial engineering is a branch of engineering which deals with the optimization of complex processes or systems. Industrial engineers work to eliminate waste of time, money, materials, man-hours, machine time, energy and other resources that do not generate value.

Activities of industrial engineering

• Industrial engineers determine the most effective ways to use the basic factors of production — people, machines, materials, information, and energy — to make a product or to provide a service.
• They are the bridge between management goals and operational performance.
• They are more concerned with increasing productivity through the management of people, methods of business organization, and technology than are engineers in other specialties, who generally work more with products or processes.

Most important activities of industrial engineering are:

• Development of time standards, costing and performance standards.
• Selection of processes and assembling methods.
• Selection and design of tools and equipment.
• Design of facilities including plant location, layout of building, machines and equipment, material handling system raw materials and finished goods storage facilities.
• Design and improvement of planning and control systems for production, inventory, quality and plant maintenance and distribution systems.
• Cost control systems.
• Development and installation of job evaluation systems.
• Installation of wage incentive schemes.
• Design and installation of value engineering and analysis system.
• Operation research.
• Mathematical and statistical analysis.
• Performance evaluation.
• Organization and methods.
• Supplier selection and evaluation