5m man money machine material management
Summary You can think of Scientific Management as being: » First, a philosophy about how employees behave. » Second, a set of principles to maximize efficiency based on this philosophy. Taylor’s Motivation Theory is premised on the fact that employees are motivated to be productive by one thing. Money.
5 Men Money Machines Methods Materials Unsur manajemen (Tool of management), biasa dikenal dengan 6 (enam) M , yaitu : Man, Money, Materials, Machines Methode, Market Man • Man merujuk pada sumber daya manusia yang dimiliki oleh organisasi. • Dalam manajemen, faktor manusia adalah yang paling menentukan.
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Ildiagramma Causa-Effetto. Questo diagramma è stato introdotto per la prima volta in Giappone da Kauru Ishikawa. E’ estremamente semplice da realizzare e permette una rapida analisi delle possibili cause che possono generare un determinato effetto. Vediamo passo per passo come costruire questo diagramma. 1) Stabilito l’effetto che
Thepaper presents some thoughts on the interrelationship between men, money, machines and materials, with particular reference to the experience gained at "Burmeister & Wain" in their production of series of ships of 52,000 and 60,000 DWT. Paper presented at Seascape 78, Shipbuilding Management for the 1980's, held April 1978. Corporate
Gasperszdan Fontana (2011) mengelompokkan penyebab masalah menjadi tujuh yaitu manpower (SDM), machines (mesin dan peralatan), methods (metode), materials (bahan baku), media, motivation (motivasi), dan money (keuangan). Kelompok penyebab masalah ini ditempatkan di Diagram Fishbone pada sirip ikan.
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5M stands for Machinery, Manpower, Material, Measurement, and Method. Suggest new definition. This definition appears rarely and is found in the following Acronym Finder categories: Military and Government. Business, finance, etc.
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. The 6Ms of production – Manpower, Method, Machine, Material, Milieu and Measurement – is a mnemonic representing the characteristic dimensions[1] to consider when brainstorming during “cause and effect” problem-solving sessions. Capture and bin the issues causes under the 6M categories. Once documented, place the causes according to category on a cause and effect diagram [2]. Develop improvement plans starting with the most significant issues first. When we think in terms of categories, it helps us separate and then rank the specific causes for various effects and problems. Question We could use your help – seriously. We Kaufman Global get a ton of traffic on this web page – about 5x more traffic on this page than any other. I would appreciate some insight – can you tell me if you searched for a specific term that took you to this page or, if you searched for something else and you somehow landed on this page? Thank you so much for any insight. I can be emailed at jtimpson – Jerry The 6Ms of Production One important tool in this methodology is an Impact Difficulty Matrix. This technique determines the potential impact of each solution and the difficulty of implementing the solution. By ranking solutions in this way, the easiest to do with the least amount of effort, rise to the top of the list for implementation. 6M Characteristics, Description and Insights Notes [1] In an information economy with knowledge workers, this also comprehends the notion of discrete and / or supporting “service” delivery. [2] Understanding how these factors impact the process and the establishment of standards are key steps in strengthening production processes. The 6M factors are used to construct cause-and-effect diagrams. Also known as a Fishbone Diagram due to its appearance or, an Ishikawa Diagram as named after its developer, Kaoru Ishikawa. Example in Figure B below. Back to Glossary Index
The 5M model is a troubleshooting and risk-management model used for aviation safety. Based on Wright’s original work on the man-machine-environment triad[3] at Cornell University, the 5M model incorporates a diagram of 3 interlocking circles and one all-encompassing circle. The smaller circles are labeled Man, Machine, and Medium; the intersecting space in the middle, where they all meet, is labeled Mission; while the larger circle is labeled Management 1. Man people including the physiology and psychology of those involved, as well as their performance and proficiency. 2. Machine equipment including the design, manufacture, maintenance, reliability, performance, etc. 3. Medium / measurement environment, inspection including weather, terrain, obstructions, lighting, etc. 4. METHOD purpose the reason these three factors are brought together. 5. Management leadership the prevailing supervisory approach in terms of regulations, policies, procedures, and attitude involved in establishing, operating, maintaining, and decommissioning. These have been expanded by some to include an additional three, and are referred to as the 8 Ms Method / mother nature process, environment Material includes raw material, consumables, and information Maintenance This is also used in more general troubleshooting or root-cause analysis, such as with the fishbone diagrams.
5M’s of business can be considered as fiber pillars of business. Aiming towards a successful business these are most important internal elements to be addressed. These five elements need to be considered as assets of organization. The 5M’s include Manpower staffing, Materials Production, MachineryEquipment, MoneyFinance and Method Process. Each category in the 5M’s business management model represents a function or a part of a function that contributes to bottom line. The most effective managers are those who can efficiently obtain and distribute the 5M’s. • Manpower –Man, the first and most important tangible element of 5M’s. Human resource determine the workings of the other four basic business resources. People make sure materials, machines, money and methods which are utilized in a productive way to achieve objectives of organizations. Poor employment practices leads to failure of business. The right personnel for the right position is a sure bet for organizational effectiveness and efficiency. • Materials –Without materials human resources, machinery or any other element of organization are useless. A group of sugar factory workers waiting for supply for sugarcane may have nothing to do for as long as the supply does not arrive. Even if it arrives, but is poor quality, the production will be of low quality. Poor quality of materials potentially ruins the production. Bad production results in loss in business. • Machinery –Machines have replaced man in nearly all production related jobs. Nowadays production has become much effortless due to machines. Recently computers joined in the fray of increasing production and reduction in time spent by man for manufacturing. However without man and material machines will be useless. They need to be operated by man and fed with materials. • Money –It is the most important element of any business, no business can be started or operated without money. Without money no venture can get quality goods and sufficient materials, get good machines or motivate workers. Lack in proper management of finance has been one of the reasons of business collapse in history. • Methods –Along with all four tangible elements man, material, machine, money one intangible element is very important which is method. To run any business a proper method of operation is very important. Managing all assets in proper process can give profit where as even you have all resources and your method to operate gets wrong you will face loss. Bottom line –Successful business means effectively obtaining and distributing manpower, materials, machinery, money and methods.
The five M's of management explained The factors of production consists of many factors such as land, labour, capital, entrepreneurship and management in which management is a vital factor of production, an entrepreneur may establishes the organization as its owner , but it is management that make various resources simply require the catalyst of management to produce results because it is management that coordinates various factors of production. therefore, management occupies a central place among all the factors of production. there are other factors of production too,which are money, manpower, materials, machinery and methods known as the five m's of management. these are known as the five m's of management because of there initials which is 'M'. The five M's of management are analyzed below 1. Money money is the most critical and all purpose resource because it is used to acquire or hire other resources. In organization , money is employed to generate more money in the form of profits or surplus. A business firm or enterprise requires money in the form of fixed capital and working capital. 2. Manpower manpower refers to the managerial and non-managerial personnel employed I an resources cannot act by themselves and have to be utilised by human beings. Therefore ,human resources mobilize, allocate and utilize the physical and financial resources of an organization. 3. Materials materials represent the physical raw materials and intermediate products semi-finished goods which are converted and/or assembled into finished products with the help of certain processes and technology. 4. Machinery machines are the equipment used to process the materials into finished or semi-finished products. Employment of modern machinery helps to reduce costs and to improve the quality of has therefore become an important ingredient in the efficient management of organizations. 5. Methods methods refer to the normal and prescribed ways of doing things various operations are performed according to certain systems and procedures. Use of right methods helps to increase efficiency of operations and contributes to effective management. every other factor which is a part of the five M's has it's own dynamics. it is the duty of management or managers to understand or analyze the basic nature and the functions of each M and the source of its availability. Managers must clearly know the purposes for which the other factors are employed and coordinate them in such a way as to optimize their combined productivity.
Manajement adalah suatu proses, yang terdiri dari kegiatan pengaturan, perencanaan, pengorganisasian, pengarahan, pengkoorganisasian dan pengendalian yang dilakukan untuk menentukan serta mencapai sasaran melalui pemanfaatan sumber daya manusia dan sumber daya lainnya untuk mencapai tujuan organisasi secara efektif dan efisien. Efektif berarti bahwa tujuan dapat dicapai sesuai dengan perencanaan, sementara efisien berarti bahwa tugas yang ada dilaksanakan secara benar, terorganisir, dan sesuai dengan jadwal. Terdapat tiga hal penting dalam manajement, antara lain ada tujuan yang ingin dicapai, pemanfaatan sumberdaya untuk mencapai tujuan, pengendalian atas kegiatan manusia, agar mereka menjalankan tugasnyadengan benar. Sedangkan fungsi manajemen adalah elemen-elemen dasar yang akan selalu ada dan melekat di dalam proses manajemen yang akan dijadikan acuan oleh manajer dalam melaksanakan kegiatan untuk mencapai tujuan. Fungsi manajemen pertama kali diperkenalkan oleh seorang industrialis Perancis bernama Henry Fayol pada awal abad ke-20. Ketika itu, ia menyebutkan lima fungsi manajemen, yaitu merancang, mengorganisir, memerintah, mengordinasi, dan mengendalikan. Namun saat ini, kelima fungsi tersebut telah diringkas menjadi tiga, meliputi perencanaan planning, yaitu memikirkan apa yang akan dikerjakan dengan sumber yang dimiliki. Perencanaan dilakukan untuk menentukan tujuan perusahaan secara keseluruhan dan cara terbaik untuk memenuhi tujuan itu. Manajer mengevaluasi berbagai rencana alternatif sebelum mengambil tindakan dan kemudian melihat apakah rencana yang dipilih cocok dan dapat digunakan untuk memenuhi tujuan perusahaan. Perencanaan merupakan proses terpenting dari semua fungsi manajemen karena tanpa perencanaan, fungsi-fungsi lainnya tak dapat berjalan. Planning merupakan menggambarkan tentang apa, bagaimana, mengapa, dan kapan dilakukannya aktivitas, kemudian ditetapkan siapa yang melakukan, bagaimana pembagian kerja, pembagian wewenang, tanggung jawab serta pertanggung jawaban dari masing-masing dilakukan untuk menentukan tujuan perusahaan secara keseluruhan dan cara terbaik untuk memenuhi tujuan itu. Manajer mengevaluasi berbagai rencana alternatif sebelum mengambil tindakan dan kemudian melihat apakah rencana yang dipilih cocok dan dapat digunakan untuk memenuhi tujuan perusahaan. Perencanaan merupakan proses terpenting dari semua fungsi manajemen karena tanpa perencanaan, fungsi-fungsi lainnya tak dapat berjalan. Sedangkan Manfaat perencanan, antara lain Dapat memberikan arah dan tujuan yang hendak dicapai perusahaan. Dapat ditentukan suatu suatu pedoman sebagai standar untuk mengurangi ketidakpastian Dapat diukur berhasil tidaknya suatu kegiatan, untuk memeudahkan pengawasan Dapat membantu menemukan peluang dimasa yang akan datang Menciptakan efisiensi biaya Pengorganisasian organizing dilakukan dengan tujuan membagi suatu kegiatan besar menjadi kegiatan-kegiatan yang lebih kecil. Pengorganisasian mempermudah manajer dalam melakukan pengawasan dan menentukan orang yang dibutuhkan untuk melaksanakan tugas-tugas yang telah dibagi-bagi tersebut. Pengorganisasian dapat dilakukan dengan cara menentukan tugas apa yang harus dikerjakan, siapa yang harus mengerjakannya, bagaimana tugas-tugas tersebut dikelompokkan, siapa yang bertanggung jawab atas tugas tersebut, pada tingkatan mana keputusan harus diambil. Pengorganiasian juga merupakan keseluruhan aktivitas manajemen dalam mengelompokan orang-orang serta penetapan tugas, fungsi wewenang, serta tanggung jawabnya dengan tujuan terciptnya organisasi yang berhasil. dilakukan dengan tujuan membagi suatu kegiatan besar menjadi kegiatan-kegiatan yang lebih kecil. Pengorganisasian mempermudah manajer dalam melakukan pengawasan dan menentukan orang yang dibutuhkan untuk melaksanakan tugas-tugas yang telah dibagi-bagi tersebut. Pengorganisasian dapat dilakukan dengan cara menentukan tugas apa yang harus dikerjakan, siapa yang harus mengerjakannya, bagaimana tugas-tugas tersebut dikelompokkan, siapa yang bertanggung jawab atas tugas tersebut, pada tingkatan mana keputusan harus diambil. Sedangkan langkah perorganisasian Memperici seluruh kegiatan yang harus dilaksanakan Membagi beban kerja kedalam aktivitas yang menyenangkan Mengkombinasikan pekerjaan anggota perusahan dalam cara yang logs dan efisien Penetapan mekanisme untuk mengkoordinasikan pekerjaan dalam satu kesatuan yang harmonis. Memantau aktivitas organisasi dan pengambilan langkah-langkah untuk meningkatkan efektivitas Pengarahan directing adalah suatu tindakan untuk mengusahakan agar semua anggota kelompok berusaha untuk mencapai sasaran sesuai dengan perencanaan manajerial dan usaha. Prinsip pengarahan meliputi prinsip keharmonisan dan kesatuan komando. Pada prinsip keharmonisan, bertujuan pemenuhan kebutuhan yang dimiliki para pekerja harus harmonis dengan kepentingan perusahaan. Sedang prinsip kesatuuan komando, menyatukan arah dan tujuan dan tanggung jawab para bawahan kepada atasan Prinsip-prinsip dalam manajemen bersifat lentur dalam arti bahwa perlu dipertimbangkan sesuai dengan kondisi-kondisi khusus dan situasi-situasi yang berubah. Menurut Henry Fayol, seorang pencetus teori manajemen yang berasal dari Perancis, prinsip-prinsip umum manajemen ini terdiri dari Pembagian kerja Division of work, Wewenang dan tanggung jawab Authority and responsibility, Disiplin Discipline, Kesatuan perintah Unity of command, Kesatuan pengarahan Unity of direction, Mengutamakan kepentingan organisasi di atas kepentingan sendiri, Penggajian pegawai, Pemusatan Centralization, Hirarki tingkatan, Ketertiban Order, Keadilan dan kejujuran, Stabilitas kondisi karyawan, Prakarsa Inisiative, Semangat kesatuan, semangat korps. Sarana manajemen Menurut Harrington Emerson dalam Phiffner John F. dan Presthus Robert V. 1960 manajemen mempunyai lima unsur 5M, yaitu Men Money Materials Machines, and Methods Peterson member of Indiana Univercity memasukan unsur mesin ke dalam material dan metode diberi istilah the use sehingga katanya, “Management is the use of man, money and materials to achieve a common goal”. Ada lagi seorang ahli bernama Mooney James D., 1954, is memasukan unsur-unsur uang, material dan mesin ke dalam istilah yang disebut fasilitas sehingga unsur-unsur manajemen adalah Men Facilities Method George R. Terry dalam bukunya Principle of Management mengatakan, ada enam sumber daya pokok dari manajemen, yaitu 1 Men and women 2 Materials 3 Machines 4 Methods 5 Money 6 Markets Sistematika dari keempat pandangan para ahli itu jelas menunjukan, manusia merupakan unsur manajemen yang pokok. Manusia tidak dapat disamakan dengan benda, is mempunyai peranan, pikiran, harapan serta gagasan. Reaksi psikisnya terhadap keadaan sekeliling dapat menimbulkan pengaruh yang lebih jauh dan mendalam serta sukar untuk diperhitungkan secara seksama. Oleh karena itu, manusia perlu senantiasa diperhatikan untuk dikemhangkan ke arah yang positif sesuai dengan martabat dan kepribadiannya sebagai manusia. Sejalan dengan pandangan itu, Harold Konntz dan Cyril O’Donnel 1972 menegaskan, “Manage-ment is the development of people, not the direction of thing.” Man merujuk pada sumber daya manusia yang dimiliki oleh organisasi. Dalam manajemen, faktor manusia adalah yang paling menentukan. Manusia yang membuat tujuan dan manusia pula yang melakukan proses untuk mencapai tujuan. Tanpa ada manusia tidak ada proses kerja, sebab pada dasarnya manusia adalah makhluk kerja. Oleh karena itu, manajemen timbul karena adanya orang-orang yang berkerja sama untuk mencapai tujuan. Money atau Uang merupakan salah satu unsur yang tidak dapat diabaikan. Uang merupakan alat tukar dan alat pengukur nilai. Besar-kecilnya hasil kegiatan dapat diukur dari jumlah uang yang beredar dalam perusahaan. Oleh karena itu uang merupakan alat tools yang penting untuk mencapai tujuan karena segala sesuatu harus diperhitungkan secara rasional. Hal ini akan berhubungan dengan berapa uang yang harus disediakan untuk membiayai gaji tenaga kerja, alat-alat yang dibutuhkan dan harus dibeli serta berapa hasil yang akan dicapai dari suatu organisasi. Material terdiri dari bahan setengah jadi raw material dan bahan jadi. Dalam dunia usaha untuk mencapai hasil yang lebih baik, selain manusia yang ahli dalam bidangnya juga harus dapat menggunakan bahan/materi-materi sebagai salah satu sarana. Sebab materi dan manusia tidaki dapat dipisahkan, tanpa materi tidak akan tercapai hasil yang dikehendaki. Machine atau Mesin digunakan untuk memberi kemudahan atau menghasilkan keuntungan yang lebih besar serta menciptakan efesiensi kerja. Sedangkan metode adalah suatu tata cara kerja yang memperlancar jalannya pekerjaan manajer. Sebuah metode daat dinyatakan sebagai penetapan cara pelaksanaan kerja suatu tugas dengan memberikan berbagai pertimbangan-pertimbangan kepada sasaran, fasilitas-fasilitas yang tersedia dan penggunaan waktu, serta uang dan kegiatan usaha. Perlu diingat meskipun metode baik, sedangkan orang yang melaksanakannya tidak mengerti atau tidak mempunyai pengalaman maka hasilnya tidak akan memuaskan. Dengan demikian, peranan utama dalam manajemen tetap manusianya sendiri. Market atau pasar adalah tempat di mana organisasi menyebarluaskan memasarkan produknya. Memasarkan produk sudah barang tentu sangat penting sebab bila barang yang diproduksi tidak laku, maka proses produksi barang akan berhenti. Artinya, proses kerja tidak akan berlangsung. Oleh sebab itu, penguasaan pasar dalam arti menyebarkan hasil produksi merupakan faktor menentukan dalam perusahaan. Agar pasar dapat dikuasai maka kualitas dan harga barang harus sesuai dengan selera konsumen dan daya beli kemampuan konsumen. Beberapa sumber daya manajemen diatas pada dasarnya jika dikelompokkan dalam elemen sistem manajemen dapat dikelompokkan dalam 7 tujuh unsur, yaitu Masukan input yakni bagian atau elemen yang terdapat dalam sistem dan yang diperlukan untuk dapat berfungsinya sistem tersebut. Masukan manajemen berupa sumber daya manajemen yang terdiri atas man ketenagaan, money dana/biaya, material bahan, sarana dan prasarana, machine mesin, peralatan/teknologi untuk mengubah masukan menjadi keluaran, method metode, market dan marketing pasar dan pemasaran, minute/time waktu, dan information informasi, yang disingkat 7 M + 1 I; Proses process yakni bagian atau elemen dari sistem yang berfungsi melakukan transformasi/konversi yakni mengubah masukan menjadi keluaran yang direncanakan Hasil antara output yakni bagian atau elemen dari sistem yang dihasilkan dari berlangsungnya proses transformasi/konversi dalam sistem; Hasil akhir outcome yakni hasil yang dicapai dari suatu program berupa indikator-indikator keberhasilan suatu program; Manfaat dan Dampak impact yakni efek langsung atau tidak langsung atau konsekuensi yang diakibatkan dari pencapaian tujuan suatu program berupa manfaat dan dampak dari program tersebut; Umpan balik feed back yakni bagian atau elemen dari sistem yang merupakan hasil antara dan hasil akhir dari sistem dan sekaligus sebagai masukan bagi sistem tersebut serta informasi yang diterima dari lingkungannya; Lingkungan environment yaitu bagian di luar sistem yang tidak dikelola oleh sistem tetapi mempunyai pengaruh besar terhadap sistem. Berdasar definisi Komisi Pendidikan Administrasi Kesehatan Amerika Serikat ditemukan 5 faktor pokok yang berperan penting dalam menetukan keberhasilan manajemen kesehatan, yaitu masukan input, proses process, keluaran output, sasaran target serta dampak impact. Input masukan adalah segala sesuatu yg dibutuhkan untuk dapat melaksanakan pekerjaan manajemen. Input berfokus pada sistem yang dipersiapkan dalam organisasi dari menejemen termasuk komitmen, dan stakeholder lainnya, prosedur serta kebijakan sarana dan prasarana fasilitas dimana pelayanan diberikan. Proses process adalah langkah yang harus dilakukan untuk mencapai tujuan yang telah ditetapkan. Proses dikenal dengan nama fungsi manajemen. Pada umumnya, proses ataupun fungsi manajemen merupakan tanggung jawab pimpinan. Pendekatan proses adalah semua metode dengan cara bagaimana pelayanan dilakukan. Macam fungsi manajemen Menurut Komisi Pendidikan Administrasi Kesehatan Amerika Serikat ada 6 Planning, Organizing, Directing, Controlling, Coordinating, Evaluation PODCCE. Menurut Freeman ada 6 Planning, Actuating, Coordinating, Guidance, Freedom, Responsibility PACGFR. Menurut George R. Terry ada 4 Planning, Organizing, Actuating, Controlling POAC. Menurut Barton ada 8 Planning, Organizing, Staffing, Budgeting, Implementing, Coordinating, Reporting, Evaluation POSBICRE. Menurut Luther M. Gullick ada 7 Planning, Organizing, Staffing, Directing, Coordinating, Reporting, Budgeting POSDCoRB. Menurut Hendry Fayol ada 5 Planning, Organizing, Commanding, Coordinating, Controling POCCC. Output adalah hasil dari suatu pekerjaan manajemen. Untuk manajemen kesehatan, output dikenal dengan nama pelayanan kesehatan health services. Hasil atau output adalah hasil pelaksanaan kegiatan. Output adalah hasil yang dicapai dalam jangka pendek, misalnya akhir darikegiatan pemasangan infus, sedangkan outcome adalah hasil yang terjadi setelah pelaksanaan kegiatan jangka pendek misalnya plebitis setelah 3x24jam pemasangan infus. Macam pelayanan kesehatan adalah Upaya Kesehatan Perorangan UKP dan Upaya Kesehatan Masyarakat UKM. Sasaran target group adalah kepada siapa output yang dihasilkan, yakni upaya kesehatan tersebut ditujukan kepada UKP untuk perseorangan atau UKM untuk masyarakat keluarga dan kelompok. Sedangkan Dampak impact adalah akibat yang ditimbulkan oleh output. Untuk manajemen kesehatan dampak yang diharapkan adalah untuk meningkatkan derajat kesehatan. Peningkatan derajat kesehatan dapat tercapai jika kebutuhan needs dan tuntutan demands perseorangan/masyarakat dapat dipenuhi. Referensi Satrianegara, M. Fais. 2009. Buku Ajar Organisasi Dan Manajemen Pelayanan Kesehatan Serta Kebidanan. Jakarta Salemba Medika, Dasar Dasar Manajemen, Oleh Yayasan Trisakti Incoming Search Termshttps//www indonesian-publichealth com/pengertian-5-m-dalam-manajemen/5m man material machine money method5 m dalam manajemenpengertian 5m dalam manajemenman money methodhttps//www indonesian-publichealth com/pengertian-5-m-dalam-manajemen/~text=Fungsi Man, Money, Methods,Material, Markets sebagai Sarana Manajemenman moneyMan money materialPengertian 5Mpengertian man money materialpengertian man money material machine method marketpengertian 5 Mman money machineman dalam manajemenpengertian man money
The 5 M’s of management are Man Material Machine Money Methods 1. Man – Man, the first of the five M’s is the most important. The right personnel for the right position is a sure bet for organizational effectiveness and efficiency. Man in management is referred as a human resource. Even in the automated world no organization can flourish without human resource. Human resources determine the workings of the other four basic business resources. People make sure materials; machines, money and methods are utilized in a productive manner to achieve goals or aims and objectives of organizations and enterprises. With the right man in the right job, a large portion of effective business management will have been achieved. You have labor that is required to perform certain tasks to produce your products. If your labor force is not happy you may find your operations struggling. When a direct employee The ones actually making your company money interfaces with a piece of equipment they must be comfortable working at a specific station for extended periods of time. Thus, making the factory automation equipment ergonomically compliant will help ensure a safe and productive environment for your direct labor force. Man/Operator Was the document properly interpreted? Was the information properly circulated to all the functions? Did the recipient understand the information? Was the proper training to perform the task administered to the person? Was too much judgment required to perform the task? Were guidelines for judgment available? Did the environment influence the actions of the individual? Are there distractions in the workplace? Is fatigue a mitigating factor? Is his work efficiency acceptable? Is he responsible/accountable? Is he qualified? Is he experienced? Is he medically fit and healthy? How much experience does the individual have in performing this task? can he carry out the operation without error? 2. Material – Material is a basic ingredient in management be it a service industry or a product industry. Most of the industries locate them self nearby to the availability of material. Without materials, human resource is made redundant. A group of cement factory workers waiting for supply of limestone may have nothing much to do for as long as the supply does not arrive. Even if it arrives, but in poor quality, the production is certainly doomed for a loss. Quality compromised is business pauperized. Poor quality of materials potentially ruins entrepreneurship. 3. Machine – Machine are the basic tools to produce goods or to generate services. Selection of an appropriate machine not only enhances efficiency but also saves times and increases revenue. Tailoring the requirement of the organization, selections of a right technical machine and equipment, availability of spare parts, substitutes and technology and the organization budget are the crucial criteria while purchasing a machine. Maintenance and overhauling issues along with its life span also cannot be overlooked. In service industry, technology matters a lot these days. Machines have made man fulfill almost effortlessly various dreams of creating things that make a existence more worthwhile. 4. Money – Without money, no venture or enterprise can motivate workers, get quality and sufficient materials, get the right machines and maintain them or even ensure that time is properly managed. Where there is not enough money, no good workers, materials, or machines can be employed or purchased… Money management is the process of managing money, which includes investment, budgeting, banking and taxes. It is also called investment management. Money management is a strategic technique employed at making money yield the highest of interest-yielding value for any amount of it spent. Spending money to provide all cravings regardless of whether they are justifiable or not to be included in budget basket is a natural human phenomenon. The idea of money management techniques is developed to plummet the amount individual, firm and institutions spends on items that add no significant value to its living standard, long-term portfolios and asset-basins. Warren Buffett, in one of his documentaries, admonished prospective investors to embrace his highly esteemed “frugality” ideology. 5. Method – Every thing has a right way to do and this right way is known as method in management. In short it means an art of doing. A set of procedures and instructions is known as a method. The visible methods of a company include Plans, Policies, Procedures, and Data. The less visible ones include a company’s norms and its culture, and the norms and culture of the society around it and the methods of its customers suppliers, associates, and competitors. A method determines how people work and their work priorities. Methods link people to each other and link people to materials. The scientific method is a method for solving complex problems. GAAP is a method for evaluating financial performance. ISO9000 is a method for evaluating quality performance. ISO9000 quality assurance standards have as much to do with improving quality as GAAP has to do with improving profits. A popular method of management is what is referred to as management by objectivities’. This involves setting objectives and targets for different aspects of the organization. The manager’s job is then to make sure that these objectives are achieved given an allocated amount of resources. The objective will be achieved, exceeded, or fallen short of requiring remedial action where appropriate.
All News There has been much discussion about the Toyota Production System and lean manufacturing. But how can you integrate automation into your factory with lean in mind from the start? Lean is an all-encompassing philosophy that takes the 5 M’s Man, Material, Machines, Methods, and Money and harmonizes or helps orchestrate them together for the best possible outcome in your manufacturing operations. If you do not know the 5 M’s, here’s a brief overview of how the 5 M’s relate to lean automation. What are the 5 M's in Lean Automation? Man You have labor that is required to perform specific tasks to produce your products. If your labor force is not happy, you may find your operations struggling. When a direct employee the ones making your company money interfaces with a piece of equipment, they must be comfortable working at a specific station for extended periods. Thus, making the factory automation equipment ergonomically compliant will help ensure a safe and productive environment for your direct labor force. Methods Every product has a process or multiple processes that it must go through before being delivered as a final product to a customer. The methods used to perform value-added work to the product must be consistent and controlled. The machine should verify that each process took place correctly and that each part or assembly is processed correctly or meets the quality specifications. Machines Each machine used in a process must perform its intended function or task with precision and reliability. Making robust, flexible, and scalable machines is key to following the Toyota Production System mentality. Machines can also include in-process inspections, self-diagnostics, and mistake-proofing features that only pass perfect parts downstream to subsequent processes. Materials Every process has materials coming into the work area to be processed or assembled. Making equipment that facilitates easy material flow can pay huge dividends to those who understand that minimizing material movements is vital to successfully implementing lean. Incoming and outgoing material flows should be heavily considered when developing an automated solution for the shop floor. Money When you choose an automation solution or piece of equipment, you must be sure that it will pay for itself before purchasing it. If the machine solves issues and helps you realize the results you are hoping for, you should see a significant payback and realize immediate positive impacts on your bottom line. The next time you’re looking for automation, make sure it addresses the 5 M’s, and you can’t go wrong. Learn more about how JR Automation can develop custom automation solutions ABOUT JR AUTOMATIONJR Automation provides intelligent automated manufacturing and distribution technology solutions. We transform how the world's leading manufacturers make and distribute More About Us