Hard factors - factors affecting productivity improvement, Operation Management

Hard Factors - Factors Affecting Productivity Improvement

Productivity of the product is determined by the way in which the product fulfils its customer requirements, either by achieving a very high output through arriving on the market at the right time, breaking into a particular geographical market, or being sufficiently cheaper than competitors to ensure a large market share. This is not a single or one-off activity, but one which requires the constant involvement of a large number of groups within the organisation such as design, marketing and quality to ensure success over the years.

Plant and equipment plays its part through such features as improved plant utilisation, reduced downtime or a more efficient layout of the machines. It is related to technology, through interaction with plant/equipment improvement mechanisms such as the development of condition monitoring equipment, computer systems allowing scheduling and communications improvements and the widespread introduction of robotics and other forms of shop floor automation. For these reasons (amongst others) firms must make considerable efforts to reduce the input cost of both, either through improved utilisation of current materials and energy, or by a reduction in the quality of those used (eg the modification of heating systems to accept lower grades of fuel oil, schemes to reduce scrap or material/process wastage etc).

Posted Date: 3/15/2013 3:37:48 AM | Location : United States







Related Discussions:- Hard factors - factors affecting productivity improvement, Assignment Help, Ask Question on Hard factors - factors affecting productivity improvement, Get Answer, Expert's Help, Hard factors - factors affecting productivity improvement Discussions

Write discussion on Hard factors - factors affecting productivity improvement
Your posts are moderated
Related Questions
The senior management at Canine Kernels Company CKC is concerned with the existing capacity limitations so they want to accept the mix of orders that maximizes the company's profit

Question: A bank has a section of its business which has two functions:- 1. answering credit control queries from customers both by telephone and in writing; 2. invest

Discuss the importance of employees and information technology in the delivery of service quality. Use two examples of service firms to help support your discussion

Simulate, a Texas aviation training company, expected to whip the competition with FasTrakits computer-based training (CBT) curriculum for corporate pilots. Instead, the new ventur

Team operating principles are sometimes included in a project charter to enhance team functioning. Which of the following statements accurately describes the value of establishing

There are five elements of organizational design and structure that are used to manage an organization, Division of Labour, Span of Control, Unity of Command, Authority/Responsibil

Need to know how to write a professional Goodwill Message goodwill is that intangible that makes the world go round. With our overtasked lives, I'm not sure it is getting the at

All of the following are time phasing requirement of an MRP logic except Options Gross requirement will occur at the middle of a period On hand inventory will be measured

Developing a Service Strategy - Operations Strategy The figure below gives an outline of the three steps of developing an operations strategy based on the Platts-Gregory appro

Do you think Diet Coke could have been repositioned to change consumers' perceptions of it enough to be considered a drink equally appealing to men? Why or why not?