Management Engineering is a branch of engineering that focuses on optimizing complex processes or systems. It is concerned with the development, improvement, implementation and evaluation of integrated systems of people, money, knowledge, information, equipment, energy, materials and/or processes. Management engineers strive to improve upon existing processes, products or systems. Management Engineering draws upon the principles and methods of engineering analysis and synthesis, as well as the mathematical, physical and social sciences together with the principles and methods of engineering design to specify, predict, and evaluate the results to be obtained from such systems or processes. Unlike many other engineering disciplines, Management Engineering puts a focus on the social impact of the product, process or system that is being analyzed.
Examples of where management engineering might be used include designing an assembly workstation, strategizing for various operational logistics, consulting as an efficiency expert, developing a new financial algorithm or loan system for a bank, streamlining operation and emergency room location or usage in a hospital, planning complex distribution schemes for materials or products (referred to as Supply Chain Management), and shortening lines (or queues) at a bank, hospital, or a theme park. Management engineers typically use computer simulation (especially discrete event simulation), along with extensive mathematical tools and modeling and computational methods for system analysis, evaluation, and optimization.
- 1 History
- 2 Courses
- 3 Areas of Management Engineering
- 4 Relationship with Management Science and Industrial Engineering
- 5 Management Engineering and the Institute of Industrial Engineers
- 6 See also
- 7 External Links
Areas of Management Engineering
Operations Research and Supply Chain Management
Operations Research deals with quantitative models of complex operations and uses these models to support decision-making in any sector of industry or public services. Supply chain management is the process of planning, implementing and managing the flow of goods, services and related information from the point of origin to the point of consumption.
The Information Technologies theme focuses on how technology is designed and managed to support effective decision-making. Topics deal with technical applications in software design and development, data mining and telecommunication as well as the organizational and social issues associated with the use of information technologies.
Management of Technology
The Management of Technology theme builds on the foundation of management topics in accounting, finance, economics, organizational behavior and organizational design. Courses in this theme deal with operational and organizational issues related to managing innovation and technological change.
Relationship with Management Science and Industrial Engineering
Management Engineering and the Institute of Industrial Engineers