Production & Operations Management (MSc, Executive) at HECTOR School

"The design and operation of production systems and supply chain are undergoing a change. Driven by new technology, as reflected by Industry 4.0 and the industrial Internet of Things, the education and experience of the past is no longer sufficient to guide companies through the required changes. Master these with Production & Operations Management (POM) and acquire the necessary competences, bridging the gap between up-to-date theory and advanced technologies." – Professor Dr-Ing Kai Furmans, Programme Director Production technology and supply chain topics shape the future of the manufacturing industry. Major developments in the context of Industry 4.0 require highly qualified engineers with comprehensive knowledge of state-of-the-art technology and methods to successfully realise innovative concepts. Only a multidisciplinary approach can meet the requirements of today’s interconnected flow of data, products, and money in production and logistics. Graduates of the Master's programme in Production & Operations Management (POM) are able to analyse and optimise the efficiency of value-added processes within the operation of production and service systems. They can understand and analyse service and production processes, capture and formally describe requirements, frame boundary conditions and targets, and achieve a targeted improvement. The graduates are familiar with state-of-the-art concepts and methods and are able to apply them in problem solving and to further develop them. Methods and techniques in conjunction with decision making are especially focused on in Operations Management. In addition, graduates can identify the possibilities and limitations of formal methods and models as well as the challenges that represent the transmission between the modelled world and reality and handle them in a solution-driven way. Given that the flow of data, products and money are closely interconnected in production and logistics nowadays, graduates are able to solve problems by taking these three factors into account and applying multidisciplinary solution approaches. Furthermore, the Master's programme shares five management modules with the other Master's programmes at HECTOR School. This fosters networking across industries and provides the participants with general knowledge in finance, accounting, sustainability, marketing, international multi project management, international law, and human resource management. As a result, they can consider the commercial implications of project decisions and develop a holistic view. Engineering Modules (EM)*: EM 1: Collaborative Eng. in Production & Operations Management Industrial Services Data Structure & Algorithms for Intelligent Engineering Operations Research: Decision Making with Linear Models & Networks Processes, Resources & Systems in Industrial Engineering EM 2: Digital Engineering Ecosystems IoT Solutions for Product Lifecycle Management Stochastic Models of Manufacturing Systems Simulation of Production Systems & Digital Twin Operations Research: Decision Making with Discrete & Nonlinear Models EM 3: Modern Operations Management for Supply Chain Networks Production Engineering Strategic Supply Network Management Human Factors & Ergonomics Technologies of Distribution Networks EM 4: Networks of Supply & Production Systems Supply Network Management: Inventory Management in an Uncertain Environment Information Technology for Logistic Systems Global Production Operational & Tactical Supply Network Management EM 5: Global Production & Distribution Systems Quality Management Supplier Management Smart Manufacturing & Automation with Industry 4.0 Management Modules (MM)*: MM 1: Marketing & Information: Data Driven Marketing Information Systems Management Data Analytics Legal Aspects of Information MM 2: Finance & Value: Management Accounting Sustainability Strategic Financial Management Case Studies MM 3: Decisions & Risk: Decision Modelling Risk Aware Decisions Interactive Decisions Robu