Industrial management

An Industrial Manager incorporates the principles of manufacturing system, logistics, supply chain management, materials management, entrepreneurship, among other things. Industrial Managers plan how to efficiently and economically use resources in a business including labor, materials, machines, time, capital, energy, and information. An Industrial Manager also has to deal with creating new systems to solve problems related to waste and inefficiency associated with a business/ industrial process. This field is ever in need of competent personnel capable of applying logic and reasoning to identify strengths and weaknesses of alternative solutions, conclusions, or approaches to such problems. A Masters in Industrial Management specially provides the students a broad-based knowledge and skills required for industrial needs. == Term industrial company ==

The term industrial company is generally applied to a manufacturing firm that – contrary to a crafts business – produces consumer durables in factories from raw materials in mass and serial production (a division of labor) using modern manufacturing machines. == History of industrial management ==

https://www.infoplease.com/encyclopedia/social-science/economy/concepts/industrial-management/the-development-of-industrial-management ==Courses of study==

Study programs in industrial management are very popular in economies with a high value of manufacturing output, such as the United States and Germany. Especially German research universities incorporate a large number of advanced courses in engineering in their graduate program in industrial management and are, thus, more like M.Eng.- programs. Degree programs are also offered under the title "industrial administration". == Specialization in Industrial Management==

Specialization in Industrial Management is designed to address and solve real life problems relating to industrial set-ups. Collaboration with relevant industries and financial institutes is its modus operandi. This specialization is one of the very few aimed at mid-career professionals who wish to make the move to senior management within industrial and manufacturing organizations. It is designed to provide the business expertise essential for all senior managers by integrating specific engineering subjects with the management of technology and manufacturing systems. The specialization also examines the latest business thinking and provides expert knowledge on engineering and technology issues and theories. Topics such as finance, marketing, management strategy are integrated with modern industrial issues such as project and quality management, manufacturing effectiveness, advanced manufacturing technology and supply chain management. == See also ==