Industrial Managers plan how to efficiently and economically use resources in a business including labor, materials, machines, time, capital, energy, and information.
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.
https://www.infoplease.com/encyclopedia/social-science/economy/concepts/industrial-management/the-development-of-industrial-management Study programs in industrial management are very popular in economies with a high value of manufacturing output, such as the United States and Germany.
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.
The specialization also examines the latest business thinking and provides expert knowledge on engineering and technology issues and theories.