Course

Module 1

Module 1: Introduction and Adoption of TM (7.5 hours)

1. Introduction: Why do we need Technology Management for Engineering products manufacturing?
2. Advantages, the resistance of transformation, into technology management & Benefits of Technology Management.
3. Technologies Adoption- Technology Strategy – Top management commitment – product life cycle reduction because of dynamic market conditions – Cost pressures – Making required profit in less time.
4. Benefits of Technology Management in Product Life Cycle Management

Module 2

Module 2: Technology Management on Planning (7.5 hours)

1. Planning Technology Management.
2. Project Management Tools – Hoshin Kanri X Matrix
3. Business objectives – Key focus areas –
4. key performance indicators – executable action plans – fixing the responsibility with authority at execution level.

Module 3

Module 3: Technology Management on Production Process (7.5 hours)

1. Production development phase – Concepts – Ideas – Selection – Engineering validation – Engineering BOM.
2. cost analysis – product acceptance by top management – building prototype – test – modify.
3. Develop the product as per expectation – approvals – Complete product data management.

Module 4

Module 4: Technology Management on Supply Chain Process (7.5 hours)

1. Process identification, process trials, Data capturing, Data integration.
2. Identification of in-house/outsource process – machinery & equipment selection – vendor identification, developing process.
3. SOPs, Trials, Complete Process data management, Increasing efficiencies.
4. Supply Chain Management – Enterprise Resource Planning, Customer Relationship Management.
5. Revenue Enhancement methods – Effective marketing & sales – Ensuring customer delight – Product Life Cycle Management (PLM) – Technologies available – Technologies developed – Cost-benefit Analysis.

Course Description

Technology Management (TM) is a course offered to MBA students. It teaches students about how technologies are helpful in various vital functions of Operations and Supply Chain Management and how to manage them effectively for a sustainable workplace. It focuses on the advance of business leaders in the technological world who can manage current and future technologies and make a quick adoption culture in the agile and competitive world. TM is a combination of two aspects which are Technology and Business Administration.

The TM is like a cherry on the cake for MBA – Operations & Supply Chain Management students, which helps them to improve their knowledge in management in the technology world. It would benefit the students as the technology increase Industry 4.0 & 5.0, higher demand in the technology management domain.

Course Outcomes& Learning levels

1. Able to understand the basic concepts and adoption of Technology Management.
2. Able to apply project management tools on the planning process.
3. Able to apply the technologies on different phases in the production process.
4. Able to apply the technologies on the supply chain management process.

Evaluation Pattern

* Based on assignments / Tests / Quizzes / Case Studies / Projects / Term paper / Field visit report.

Course Text:

Course Material will be shared by faculty members during class.